• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, June 7, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NAN Staff Cooperative Reports N20m Profit In 2023

by Tarkaa David
9 months ago
in News
NAN Staff Cooperative Reports N20m Profit In 2023
Share on WhatsAppShare on FacebookShare on XTelegram

The News Agency of Nigeria (NAN) Staff Multipurpose Cooperative Society Limited reported a profit of over N20m for 2023.

Advertisement

The president of NAN Staff Cooperative Society Limited, Mr Stephen Igiewe, disclosed this at Abuja’s 12th annual general meeting (AGM) yesterday.

He said the committee, under his leadership, maintained prudence and frugality in all its financial dealings, culminating in growth.

He said, “I wish to report that the cooperative made 20,334,766.63 after expenses during the period under review, 2023.”

He added that the cooperative recorded, as at 31 December 2023, a share capital of 39,585,169.14 and members savings of 300,009,922.33.

RELATED

Justice Uwais: Nigeria Lost Statesman Of Unimpeachable Character, Say Northern Senators

LP Mourns Late CJN Uwais, Seeks Implementation Of Report On Electoral Reforms

1 hour ago
‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Miniter’s Aide’s Claims

‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Miniter’s Aide’s Claims

3 hours ago

He said that despite the achievements, the committee encountered challenges such as the incessant encroachment on phases 1 and 2 plots of land at the Peninsula area of Nyanyan Gwandara in Nasarawa State.

He, however, assured that the committee had salvaged the situation by securing C of O for the lands, adding that more than 70 percent have paid for the C of O for the phase 1 land.

“Members are advised to take possession of their lands as going forward; the society will not bear any burden arising from any encroachment,” he said.

He stated further that the cooperative business was affected by the widespread challenges of inflation, insecurity, and inconsistent/fluctuating bank rates in the year under review.

Mr Igiewe disclosed that the committee acquired two 200 by 100 plots of land in the orange market area of Mararaba for a warehouse and pure water factory.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: News Agency of Nigeria (NAN)
SendShareTweetShare
Previous Post

Attempted Murder Of Son: Retired Civil Servant Petitions Benue Police

Next Post

Niger Governor Resumes After 1 Month Leave, Lauds Deputy

Tarkaa David

Tarkaa David

You May Like

Justice Uwais: Nigeria Lost Statesman Of Unimpeachable Character, Say Northern Senators
News

LP Mourns Late CJN Uwais, Seeks Implementation Of Report On Electoral Reforms

2025/06/07
‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Miniter’s Aide’s Claims
News

‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Miniter’s Aide’s Claims

2025/06/07
Singer Darey Art Alade, Wife Escape Unhurt After Their Car Catches Fire On 3rd Mainland Bridge
Entertainment

Singer Darey Art Alade, Wife Escape Unhurt After Their Car Catches Fire On 3rd Mainland Bridge

2025/06/07
Civil War Was For Unity, Not Hatred — Gowon
News

Civil War Was For Unity, Not Hatred — Gowon

2025/06/07
IPOB Accuses Courts Of Aiding Nnamdi Kanu’s Detention
News

Nnamdi Kanu Is Prisoner Of Conscience — IPOB

2025/06/07
Justice Uwais: Nigeria Lost Statesman Of Unimpeachable Character, Say Northern Senators
News

Justice Uwais: Nigeria Lost Statesman Of Unimpeachable Character, Say Northern Senators

2025/06/07
Leadership Conference advertisement

LATEST

LP Mourns Late CJN Uwais, Seeks Implementation Of Report On Electoral Reforms

Tennis: Gauff Beats Sabalenka To Win French Open Title

‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Miniter’s Aide’s Claims

Singer Darey Art Alade, Wife Escape Unhurt After Their Car Catches Fire On 3rd Mainland Bridge

Civil War Was For Unity, Not Hatred — Gowon

Nnamdi Kanu Is Prisoner Of Conscience — IPOB

Justice Uwais: Nigeria Lost Statesman Of Unimpeachable Character, Say Northern Senators

Eid-el-Kabir: CAN Preaches Unity, Support For Flood Victims

Taraba Rep Tafida Bags ‘Best Legislator 2025’ Award

Why We Established ‘Discoverer Nigeria’ News Platform — Editor

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.