Minister of Finance, Budget and National Planning Zainab Ahmed has asked the management of the Nigerian Export-Import Bank (NEXIM) to intensify efforts at ensuring the full...
Dangote Cement has recorded a 24.2 per cent increase in its revenue and an 18 per cent increase in its profit after tax in the first...
Shari’ah compliant Jaiz Takaful Insurance Plc has posted a record N2 billion as revenue for the year end 2021, about N873 million leap from the N1.132...
Nigerian Breweries Plc has recorded an impressive result in the first quarter of the 2022 financial year, with N137.75 billion as net revenue. According to the...
TikTok, a service for creating and viewing short videos, plans to provide content creators with a new way to earn money. The service is launching a...
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), has urged the federal government to seek ways to increase revenue generations. The is...
According to data from analyst firm Gartner, global semiconductor revenue will reach $676 billion in 2022, an increase of 13.6% from 2021. According to Evertiq, Alan Priestley, research...
Mark Reid, CEO of WPP, the world’s largest advertising communication group, said in an interview on Wednesday that Musk’s plan for Twitter may improve the company’s...
The groom’s revenue base of FCMB Group Plc rose to N212billion in its.2021 financial year end, after posting impressive results across market fundamentals. The increase translated...
The minister of Finance, Budget & National Planning, Mrs Zainab Ahmed has reiterated that the federal government is prioritizing investments and curbing leakages through its strategic...
The Nigerian Communications Commission (NCC) has shown that capital inflow or Foreign Direct Investment (FDI) into the Nigerian telecommunications sector if the the economy dropped by...
A new report released last night by the Nigerian Communications Commission (NCC) has shown that capital inflow or Foreign Direct Investment (FDI) into the Nigerian telecommunications...
Shareholders of Transcorp Hotels Plc have approved the payment of N717 million as dividends to shareholders of the company at its 8th annual general meeting held...
Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, has said the revenue mobilization of Nigeria and Niger Republic could be improved if the revenue...
…Tens (if not hundreds) of billions of naira contract debts and retirees’ unpaid emoluments undisclosed …N101billion lost to police, military and paramilitary roadblock extortion and...
Minister of Transportation, Rotimi Amaechi, has kicked against the proposal to provide not less than 12 per cent of Nigeria Maritime Administration and Safety Agency’s (NIMASA)...
Nigerian Breweries Plc has declared a revenue of N437.196 billion in its audited financial statement for the year ended December 31, 2021. This represents a 29.7...
Members of staff of Access Bank Plc and customers of the bank in Gombe were locked out of two banking halls yesterday by the Gombe State...
The Central Bank of Nigeria (CBN) in conjunction with the committee of all deposit money banks have announced a new programme tagged: “RT200 FX Programme” that...
There is no doubt that with a fast-rising level of debt, the Nigerian government is in need of diversifying its sources of revenue in such a...
Flour Mills of Nigeria Plc, has continued its strong performance, growing its profit before tax to N25.255 billion for the third quarter (Q3) ended December 31,...
Nigerian gas-focused company, Savannah, has disclosed an increased revenues by 7 per cent to $230.5 million in 2021. The firm in November commenced gas sales from...
The Nigeria Customs Service (NCS) yesterday said the federal government’s revenue target for the service is N3.019trillion and not N4.1billion recently reported. In a chat with...
Clearing agents operating at the nation’s seaports have described the N4.1trillion revenue target set for the Nigeria Customs Service (NCS) as outrageous, saying, the pressure to...
The introduction of service-based tariff (SBT) in the Nigeria Electricity Supply Industry (NESI) effective from 1st September 2020 had put increased emphasis on the need to...
The changes in the 2021 Finance Act would see boost in the revenue of the federal government by N60 billion, although, it would lead to a...
Following the passage of the 2022 Appropriation Bill by the Nigerian National Assembly and its eventual signing into law on the 31st December 2021, the Minister...
The federal government has set a revenue target of N4.1trillion to the Nigeria Customs Service (NCS) in 2022. This year’s revenue target indicates an increase of...
Nigeria lost not less than $3.5 billion revenue to crude oil theft in 2021 alone, representing about 10 per cent of the country’s foreign reserves according...
Amid dwindling revenue and huge borrowing by the federal government, stakeholders predicted maritime sector can single-handedly finance the country’s budget if the potentials in the sector...
The Federation Accounts Allocation Committee (FAAC) has shared a total of N675.946billion November 2021 Federation Account Revenue to the Federal Government, 36 States and 774 Local...
Chairman of the Federal Inland Revenue Service, Muhammad Nami has said for Nigeria to achieve meaningful and sustainable growth in tax revenue, and minimize our dependence...
Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami has said Nigeria refused to sign the Organisation for Economic Cooperation and Development (OECD) proposed solution...