Tag: Income

Zenith Bank Declares N509b Gross Earnings In Nine Months
November 21, 2020 No Responses

Zenith Bank Declares N509b Gross Earnings In Nine Months

For the third quarter ended September 30, 2020, Zenith Bank Plc has reported a gross earnings of N509 billion,compared with N491 billion achieved in the corresponding period in 2019. In the unaudited results released by the Nigerian Stock Exchange (NSE)...
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Customs FOU Generates N17b In Six Months
July 13, 2020 No Responses

Customs FOU Generates N17b In Six Months

The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS) raised Debit Notes of N17 billion between January and June 2020. In a statement on Sunday, the Acting Customs Area Controller of the unit, Usman Yahaya, explained...
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Customs Generates N573b In Five Months
June 26, 2020 No Responses

Customs Generates N573b In Five Months

Between January and May, the Nigerian Customs Service (NCS) generated N573 billion from total targeted revenue of N957 billion for the 2020 fiscal year. The Comptroller-General of Customs (CG), Col. Hameed Ali , made the disclosure Thursday at an interactive.....
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Access Bank Declares 40k Final Dividend
March 8, 2020 No Responses

Access Bank Declares 40k Final Dividend

Access Bank Plc is to pay a final dividend of 40kobo per share, bringing total dividend for the year ended December 31st, 2019 to 65kobo. Within the year under review, the bank recorded gross earnings of N666.75 billion, 26.10 per...
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Michelin Projects Lower Income In 2020
February 12, 2020 No Responses

Michelin Projects Lower Income In 2020

French tyre maker, Michelin on Tuesday projected lower operating income in 2020, saying the forecast did not include the systemic effect of the coronavirus crisis in China. The Paris-based company, which restarted operations in its three factories in China on....
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Customs Apapa Command Generates N413billion
December 21, 2019 No Responses

Customs Apapa Command Generates N413billion

The Nigeria Customs Service (NCS), Apapa Command, generated  N413, 732,818,554.19 as revenue from Jan. 1 to Dec. 19, the Customs Area Controller, Comptroller Mohammed Abba-Kura has said. Briefing journalists on its activities on Friday in Lagos, Abba-Kura...
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FIRS Targets 80% Non-Oil Sector Revenue
November 6, 2019 No Responses

FIRS Targets 80% Non-Oil Sector Revenue

The Federal Inland Revenue Service (FIRS) has predicted that non-oil sector will contribute 80 per cent of Nigeria’s revenue in the next three years. FIRS Head of  Communications and Servicom Department,  Mr Wahab Gbadamosi,  made this known i...
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Kaduna Sets Aside N3b To Construct Houses For Low Income Earners
November 5, 2019 No Responses

Kaduna Sets Aside N3b To Construct Houses For Low Income Earners

Kaduna State Government has earmarked N3 billion for the construction of houses for low income earners in 2020.  The Commissioner for Housing and Urban Development, Fausat Ibikunle  made the disclosure while defending the ministry’s budget before t...
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Sterling Retail Loans Up 200%, Grows Net Interest Income By 19%
October 30, 2019 No Responses

Sterling Retail Loans Up 200%, Grows Net Interest Income By 19%

Sterling Bank Plc, a full-service national commercial bank, has reported a net interest income growth of N47.53 billion for the third quarter ended September 30, 2019 as against N39.834 billion for the corresponding period of 2018, representing a growth of...
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“Nigeria Must Process Export-Bound Agric Products To Add Greater Value, Income”
October 20, 2019 No Responses

“Nigeria Must Process Export-Bound Agric Products To Add Greater Value, Income”

Nigeria must process export-bound agricultural products to add greater value, maximize income, the Internal Audit Director of the African Export-Import Bank, Mr Abel Osuji, has said.  Osuji gave the advice in Lagos on Saturday  while delivering a lec...
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