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Tag "excise duty"

Soft drinks to cost more as customs proposes excise duty

    Soft drinks to cost more as customs proposes excise duty

The revenue drive by government agencies is about to hit your thirst. The Nigeria Customs Service (NCS) is proposing to collect excise duty on soft drinks, abolished in 1993 by

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FG mulls new tax on Coke, Bigi, other soft drinks

    FG mulls new tax on Coke, Bigi, other soft drinks

Zainab Ahmed, the minister of finance, says the federal government is considering introducing excise duty on carbonated drinks. The minister made this known while addressing the media, including TheCable, on

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Heineken Nigeria announces plan to raise prices

    Heineken Nigeria announces plan to raise prices

Heineken Nigeria says it will raise the price of its products to offset the increased cost of production due to inflation and increased taxes. Kolawole Jamodu, Heineken Nigeria chairman, was

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Nigerian Breweries made N19.4bn profit in 2018 — all will go to shareholders

    Nigerian Breweries made N19.4bn profit in 2018 — all will go to shareholders

Nigerian Breweries Plc has announced a profit after tax (PAT) of N19.4 billion for the 2018 financial year. The company also made revenue of N324.4 billion during the year under

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Nigerian Breweries records 22% profit decline, blames new excise duty

  Nigerian Breweries records 22% profit decline, blames new excise duty

Nigerian Breweries says it recorded a 22 percent decline in profit after tax for the half year ended June 30.

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Nigerians to pay more for cigarettes, alcohol from Monday

  Nigerians to pay more for cigarettes, alcohol from Monday

The recently approved excise duty for alcoholic beverages and tobacco will take effect on Monday, June 4. President Muhammadu Buhari

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EXCLUSIVE: FG to return excise duty on recharge cards, fruit juice

  EXCLUSIVE: FG to return excise duty on recharge cards, fruit juice

The federal government will re-introduce excise duty on some goods manufactured in the country and excisable imported goods in line

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