Tag: Revenue

Customs Revenue Collection Hit N5.7tri
November 14, 2024 No Responses

Customs Revenue Collection Hit N5.7tri

The Nigeria Customs Service (NCS), on Wednesday, announced a revenue collection of N5.7 trillion as of November 12, 2024. The Comptroller-General of Customs, Adewale Adeniyi, disclosed this at the ongoing 2024 Comptroller-General of Customs Conference in Abuja. According to him,...
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FG, States, LGAs Share N1.289tri
October 18, 2024 No Responses

FG, States, LGAs Share N1.289tri

The Federation Account Allocation Committee (FAAC), at its October 2024 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.298 Trillion to the three tiers of government as...
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Nigeria Targets $1.5b Revenue From Halal By 2027
September 19, 2024 No Responses

Nigeria Targets $1.5b Revenue From Halal By 2027

Nigeria has embraced the Halal economy and is hoping to leverage the opportunities to add the sum of $1.5bn to the country’s GDP by 2027, Vice President Kashim Shettima has said. Shettima revealed this as he attended the Nigeria Halal...
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New NPA MD Pledges Improved Revenue
July 22, 2024 No Responses

New NPA MD Pledges Improved Revenue

The Newly appointed Managing Director/Chief Executive Officer, Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho has pledged to boost the Organisation’s revenue generation and Port efficiency.The Managing Director made the remarks during the handover cere...
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FG, States, LGs Share N1.1trillion May Revenue
June 11, 2024 No Responses

FG, States, LGs Share N1.1trillion May Revenue

The Federal Government, States and Local Government Councils in the country have shared N1,143.210 trillion May 2024 Federation Accounts Revenue. The Federation Accounts Allocation Committee (FAAC) disclosed this in a communiqué issued at the end of its lates...
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Transcorp Power Declares N142b Revenue, N23.46b Dividend
May 21, 2024 No Responses

Transcorp Power Declares N142b Revenue, N23.46b Dividend

Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), has announced impressive financial performance at its 11th Annual General Meeting (AGM), the first since the Company went public, via a listing by introduction of its shares,...
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FG, States, LGAs Share N1.2Trillion April Revenue
May 17, 2024 No Responses

FG, States, LGAs Share N1.2Trillion April Revenue

A total sum of N1.2trillion April 2024 Federation Account Revenue has been shared to the Federal Government, States and Local Government Councils in the country. The revenue was shared at the May 2024 meeting of the Federation Accounts Allocation Committee...
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CGC Tasks Newly Promoted Officers On Revenue, Trade Facilitation
May 16, 2024 No Responses

CGC Tasks Newly Promoted Officers On Revenue, Trade Facilitation

The Comptroller-General of Customs, Adewale Adeniyi, has decorated thirteen (13) members of his management team with their new ranks at the Nigeria Customs Service Headquarters in Abuja amidst calls to redouble their commitment and dedication to the success of...
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Transcorp Group Sustains 173% Revenue Growth, N45b PBT
May 2, 2024 No Responses

Transcorp Group Sustains 173% Revenue Growth, N45b PBT

Transnational Corporation Plc conglomerate, with investment in the Power, Hospitality, and Energy sectors, has announced Q1 financial results for the period ended March 31, 2024. In its Q1 2024 unaudited results, Transcorp reported year-on-year growth, wi...
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FG, States, LGAs Share N1.1tri March Revenue
April 20, 2024 No Responses

FG, States, LGAs Share N1.1tri March Revenue

The Federation Account Allocation Committee (FAAC) on Friday shared a total sum of N1.123 trillion March 2024 Federation Account Revenue to the three tiers of government after its April meeting in Abuja. A statement by the Director of Press and...
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Customs Declares ₦1.3tri Revenue In Q1
April 4, 2024 No Responses

Customs Declares ₦1.3tri Revenue In Q1

For the first quarter of 2024, the Nigeria Customs Service (NCS) generated N1.3trillion revenue. Briefing Journalists on Wednesday, the Comptroller General of Customs, Adewale Adeniyi, explained that over 572 seizures were made with a duty-paid value of N10bn....
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NPA Explains $1b Reconstruction Agenda For Tincan Island Port, Others
March 7, 2024 No Responses

NPA Explains $1b Reconstruction Agenda For Tincan Island Port, Others

NPA Explains $1b Reconstruction Agenda For Tincan Island Port, Others The Nigerian Ports Authority (NPA) has announced an ambitious $1 billion reconstruction plan for the Tincan Island Port Complex as well as the comprehensive rehabilitation of Apapa, Rivers, ...
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Owerri Customs Impounds N5.35b Contrabands In 2023
March 1, 2024 No Responses

Owerri Customs Impounds N5.35b Contrabands In 2023

Between January and December, 2023, the Nigerian Customs Service (NCS), Federal Operations Unit (FOU), Zone C, Owerri, recovered N5.5billion from smugglers and fraudulent importers. A statement on Friday explained that the unit intercepted contraband from smug...
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Atiku Faults FG’s Plan To Remit NNPC Crude Oil Revenue To CBN
February 2, 2024 No Responses

Atiku Faults FG’s Plan To Remit NNPC Crude Oil Revenue To CBN

The presidential candidate of the Peoples Democratic Party (PDP) in the last general election, Atiku Abubakar, has described the directive from the federal government to remit revenue from the sale of crude oil to the Central Bank Nigeria (CBN) of...
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