Nigeria Revenue Archives — City Business News

January 22, 2022 No Responses

A’Ibom Targets N43.8b Revenue In 2022

The Akwa Ibom Board of Internal Revenue (BIR) Service is set to generate N43.8 billion as Internally Generated Revenue (IGR) in 2022. Mr Okon Okon, the Executive Chairman of the board, made this known while interacting with Journalists in Uyo on...

January 7, 2022 No Responses

2021: NCS Explains N2.2tri Revenue

Between January and December 2021, the Nigeria Customs Service (NCS) generated N2.23 trillion revenue, representing 43.45 per cent increase over N1.5 trillion collected in 2020. In a statement on Thursday, NCS spokesman, Mr Joseph Attah said:”Nig...

January 4, 2022 No Responses

2021: Customs Generate N188.6b At Onne Port

Between January and December 2021, the Area two Command of Nigeria Customs Service, Onne Port collected N188.6 billion. A statement issued on Monday by Mrs Ifeoma Ojekwu, Customs Public Relations Officer at Onne Port Command in Rivers State explain...

December 21, 2021 No Responses

2021: Nigeria Customs Revenue Hits N2.3tri

The Nigeria Customs Service (NCS), on Monday, disclosed that it has so far generated N2.3 trillion revenue into the federation account in 2021. In his presentation at a stakeholders/media engagement on trade facilitation in Lagos, &...

November 8, 2021 No Responses

NCC Targets N632b Revenue In 2022

The Nigerian Communications Commission (NCC) is targeting revenue of N632.39 billion for the 2022 fiscal year. Executive Vice Chairman of the commission, Prof. Umar Danbatta stated this during budget defence before the National Assembly Joint ...

August 20, 2021 No Responses

Minister Lauds NCC, Others On N1.05tri Revenue

The Federal Ministry of Communications and Digital Economy and its departments and agencies have collectively generated a total of N1.05 trillion in the last two years.Minister of Communications and Digital Economy, Dr Isa Pantami, disclosed this on Thursday d...

August 19, 2021 No Responses

FIRS Targets N10.1trn Revenue In 2022

The Federal Inland Revenue Service (FIRS) has projected generating N10.1 trillion revenue for the 2022 financial year. Chairman of FIRS, Muhammad Nami stated this when he appeared before the House of Representatives Committee on Finance on Wednesday, in ...

August 2, 2021 No Responses

Half-Year: Seplat Posts $308.8 m Revenue, Declares 2.5 Cents Per Share Interim Dividend

Seplat Energy Plc recorded an impressive half year (H1) 2021 scorecard with profit before deferred tax (PBT) of $62.1million, representing an increase of 142.7percent as against H1’20. Highlights of the company’s financial further show that revenu...

April 20, 2021 No Responses

FIRS To Revenue Authorities: Embrace e-Solutions

The Federal Inland Revenue Service (FIRS) has advised revenue generating authorities at all levels to embrace automated processes and e-solutions for effective tax administration. The Executive Chairman of the service, Mr Muhammad Nami, gave the advice o...

March 7, 2021 No Responses

NPA Boosts Consolidated Revenue Account With N151b

Between 2017 and 2020, the Nigerian Ports Authority (NPA), contributed not less than N151billion to the Consolidated Revenue Account (CRA). Speaking at an interactive session with Newspaper Editors, Managing Director of NPA, Hadiza Bala-Usman explained t...

January 12, 2021 No Responses

FIRS Creates 35 Tax Audit Units

The Federal Inland Revenue Service (FIRS) has created 35 additional Tax Audit Units across the country to address illicit financial flow. Mr Abdullahi Ahmad, Director, Communications and Liaison Department of the service, made this known in a statement i...