Revenue – City Business News

December 20, 2025 No Responses

Nigeria’s Digital Economy Revenue To Exceed $18.30b By 2026

The Managing Director/CEO, Arthur Stevens Asset Management Limited, Mr. Olatunde Amolegbehas projected that Nigeria’s digital economy revenue will reach $18.30 billion by 2026, as against $5.09 billion in 2019 and $9.97 billion in 2021.Delivering the keynote paper at the Business...

November 10, 2025 No Responses

Customs Port Harcourt Area I Command Attains N33b Revenue In October

The Port Harcourt Area I Command of the Nigeria Customs Service (NCS) has achieved a revenue collection of ₦33.753 billion in October 2025, its highest monthly performance to date.This was disclosed in a statement issued by the Command’s Public Relations.....

September 18, 2025 No Responses

Tin Can Island Customs Attains N159b Revenue In August

The Tin Can Island Customs Command has attained a landmark revenue of ₦159 billion for August, 2025.This disclosure was made by Area Controller of the command, Comptroller Frank Onyeka, during the decoration ceremony of newly promoted officers.Comptroller On...

September 11, 2025 No Responses

New Apapa Customs CAC Attains ₦20.1b Revenue First Day In Office

Barely 24 hours after he assumed office, the new Customs Area Controller (CAC) of Apapa Port Command, Comptroller Emmanuel Oshoba has attained a new revenue collection of ₦20,156,077,098.56., as against the previous record of ₦18 billion.Oshoba attributes ...

August 19, 2025 4 Responses

Ondo Generates N28.1b In Six Months

THE Ondo State Internal Revenue Service (ODIRS) generated N28.1 billion in the first six months of 2025.In a statement issued on Monday, the Acting Chairman of ODIRS, Mr Bayo Rojugbokan, explained that the service remained committed to transparency, accountabi...

July 26, 2025 No Responses

Dangote Sugar Declares N430.21b Revenue In 2025 Half Year

Dangote Sugar Refinery Plc has reported a revenue of N430.21 billion in the six months ended June 30, 2025, which in contrast to N295.62 billion earned in the same period in 2024 represents a 45.53 percent increase. According to financial...

July 16, 2025 No Responses

Half Year: PTML Customs Attains N204.7b Revenue

For the first half of 2025, the Ports Terminal Multiservices Limited (PTML) Command of Nigeria Customs Service (NCS) attained a total collection of N204,725,634,459.55, which is N52,077,116,927.50 higher than the N152,648,517,532.05 collected within same perio...

June 14, 2025 No Responses

Customs Boss Lauds Ogun II Command for Optimising 40 Per Cent Revenue Increase

The Comptroller-General of Customs (CGC), Adewale Adeniyi, has commended Ogun II Area Command’s impressive revenue performance and pledged support to address its operational challenges.He made this known during a working visit to the Command Headquarters...

April 23, 2025 No Responses

Customs Attains N1.75tri Revenue In Q1

April 19, 2025 No Responses

KLT Customs Command Attains 61 Per Cent Increase In 2025 Q1 Revenue

For the first quarter (QI), 2025, the Nigeria Customs Service (NCS), Kirikiri Lighter Terminal (KLT) Area Command recorded 61% increase in revenue generation while also intensifying efforts against illicit imports.Briefing Journalists, the Customs Area Control...

March 18, 2025 No Responses

Apapa Customs Attains ₦18.9b Daily Collection

The Apapa Port Command of Nigeria Customs Service (NCS), on Friday, March 14, 2024 attained daily revenue collection of ₦18.9billion, the highest in the history of the command. City Business News reports that the new record breaks the existing highest....

March 17, 2025 No Responses

Edo Revenue Service To Partner Insurance Practitioners

The Edo State Internal Revenue Service (EIRS) is to collaborate with the forum of Insurance Practitioners in Edo State for effective service delivery. This was revealed by the representative of the Executive Chairman, Sir Michael Ohio-Ezomo, Executive Di...

March 15, 2025 No Responses

Porsche To Cut 3,900 Jobs

Porsche is planning to reduce its workforce by approximately 3,900 positions in an effort to improve profitability. The German luxury carmaker will reduce its workforce by around 1,900 positions by 2029, leveraging demographic changes, natural turnover, and a ...

March 6, 2025 No Responses

EDO Tasks Security Agencies On Illegal Revenue Collectors

The Edo State Internal Service has charged security agencies in the State to join in the fight and get rid of illegal revenue collectors. Giving the charge at a one-day security meeting with security agencies, the Executive Chairman, Oladele Bankole-Balogun...