Tag: Companies
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CAC announces extension of penalty deadline to companies
The Corporate Affairs Commission (CAC) has announced extension of the deadline for the commencement of penalties against companies that failed to file annual returns, from January 1 2024 to April 1, 2024.
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Over 2,000 Mining companies owe federation accounts N2.76bn
The Nigeria Extractive Industries Transparency Initiative (NEITI) says over 2,000 companies operating in Nigeria’s solid minerals industry are indebted to the federation accounts to tune of N2.76 billion. The organisation disclosed this on Sunday in Abuja in a statement by its Deputy Director/Head, Communications and Advocacy, Mrs Obiageli Onuorah, to announce the release of the…
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NNPC lists MRS, Oando, others as importers of alleged adulterated fuel
The Nigerian National Petroleum Company (NNPC) Limited, on 9 February, named the four companies involved in the importation of methanol laden petrol into Nigeria. This is contained in a statement signed by Garba Deen Muhammad, Group General Manager Group
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NSE fines three companies N39.2m
Three companies trading their shares on the Nigerian Stock Exchange (NSE) have been sanctioned for not filing their financial statements at the appropriate time and for this, the three affected companies were fined a cumulative sum of N39.2 million. According to a regulatory document, the trio sanctioned by the stock exchange are Guinea Insurance, Niger…
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‘Companies closing down in Nigeria due to bad customer service experience’
Mr Aliyu Ilias, the Executive Director, Save the Consumers Initiative, on Saturday said companies in Nigeria and Africa are closing down due to bad customer services. He made the assertion in Abuja at a public presentation of a book he authored on ”Understanding Customer Experience in Africa”. According to him, if companies must secure high…
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![Companies that have declared dividends in 2019 [Full list]](https://thenewsguru.ng/wp-content/uploads/2017/05/nse-1.jpg)
Companies that have declared dividends in 2019 [Full list]
In a bid to reward loyal shareholders and plan ahead for the 2019 fiscal year, some companies listed on the Nigerian Stock Exchange (NSE) have declared their dividends. TNG reports that NSE is presently at the earnings season, with most companies having till March 31, 2019 to release their financial statements for the year ended…
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Tax evasion: FIRS threatens to take over 30 defaulting companies
The Federal Government has said it will take over 30 properties linked to companies that have not been paying taxes. The Executive Chairman, Federal Inland Revenue Service, Mr Babatunde Fowler, stated that out of the 2,000 properties of corporate entities identified early this year that were not paying taxes, 561 of them had come forward…
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NSE issues 24 hour deadline to quoted companies for submission of third quarter reports
Companies quoted on the Nigerian Stock Exchange (NSE) have up till the close of business tomorrow to submit their financial statements and reports for the third quarter of this business year. Companies that fail to meet the deadline will be sanctioned and flagged with a red alert of poor corporate governance. Several companies have not…
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FIRS threatens to hand over 114 debtor companies to AGF
The Federal Inland Revenue Services (FIRS) has uncovered 114 companies that claimed that they are not aware of lands allocated to them. However, the FIRS has confirmed from the Abuja Geographical Information System (AGIS) that these lands were actually allocated to these companies and the Service has vowed to hand over these false claims to…
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Obaseki projects 1000 companies in cluster
Governor of Edo State, Mr Godwin Obaseki has said that three co-developers have signed up for the development of the Benin Industrial Park, as a projected 1000 companies are expected to be hosted at the facility on completion. Obaseki said this while speaking at the Edo State Youth Leadership Summit 2018 themed: “Switch: A transition…