Revenue Archives — Page 3 of 8

December 5, 2022 No Responses

DMO Boss At CAMCAN Workshop, Lists Ways To Tackle Nation’s Debt Burden, Revenue Challenges

The Director-General, Debt Management Office (DMO), Ms Patience Oniha, has stressed the need for Nigeria to operate an efficient tax administration as part of measures to tackle revenue challenges. Speaking at the 2022 Capital Market Correspondents Association of Nigeria (CAMCAN)...

November 6, 2022 No Responses

FIRS Boss: Dialogue Crucial In Strengthening Tax Administration

Tax dialogue is a tool for engendering tax compliance as well as means of strengthening tax systems, the Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has said. Nami said this at the 2022 Kaduna State Tax Dialogue, held...

September 13, 2022 No Responses

FCCPC Targets N14.3b Revenue In 2023

The Executive Vice Chairman, Federal Competition and Consumer Protection Commission (FCCPC), Mr Babatunde Irukera, on Monday, disclosed that the commission had a target revenue of N14.3 billion for 2023. Irukera made this known at a hearing on the 2023-2025 ...

August 20, 2022 No Responses

NPA Generates N172b Revenue In Six Months

Between January and June 2022, the Nigerian Ports Authority (NPA) generated N172.286 billion in revenue.Within the same period, the Authority remitted N78.497 billion to the Consolidated Revenue Fund (CRF) of the federation.Giving details of the half-year 2...

July 4, 2022 No Responses

Customs Onne Port Command Generates N115.26b In Six Months

The Nigeria Customs Service (NCS), Port Harcourt Area ll Command, Onne Port generated N115.26 billion between January and June 2022. A statement issued by the spokesperson for the command, Mrs Ifeoma Ojekwu, quoted the Customs Area Controller, Mr Au...

July 2, 2022 No Responses

Apapa Customs Command Generates N522.4bn In Six Months

The Nigeria Customs Service (NCS), Apapa Area Command, has generated N522.4 billion in the first half of 2022. The Area Controller, Comptroller Malanta Yusuf, made this known at a news conference in Lagos on Friday. Yusuf said that the figure...

May 29, 2022 No Responses

FBNHoldings Declares N757b Revenue, N166.7b Profit Before Tax In 2021

For the year ended December 31st, 2021, FBN Holdings Plc has attained 28.2% increase in gross revenue to ₦757.3 billion and profit before tax of ₦166.7 billion, an increase of 99.9%.&...

May 7, 2022 No Responses

CSCS Grows Revenue by 39.2%, Pays N3.7Billion Dividends

In keeping to its commitment of ensuring strong and sustainable returns to its shareholders, the Board of Central Securities Clearing System (CSCS) Plc has proposed a total dividend of N3.7Billion to its shareholders, reinforcing the value accretion to its equ...

April 14, 2022 No Responses

Customs TinCan Island Port Command generates N135.44bn in Q1

The TinCan Island Command of the Nigeria Customs Service (NCS) generated N135.44 billion in the first quarter of the year. The Customs Area Controller, Comptroller Olakunle Oloyede, made this known at a media conference in Lagos on Wednesday. Accor...

March 2, 2022 No Responses

2021:Transcorp Hotels Records 114% Growth In Revenue, Votes N717m For Dividend

Transcorp Hotels Plc has announced its Audited Financial Statements for the full year ended December 31, 2021.  The results published on the Nigerian Group Exchange showed a 114% growth in Revenue to N21.74bn from N10.16bn as o...

February 15, 2022 No Responses

Reps Set N3.01tri Revenue Target For Customs

The House of Representatives Committee on Customs and Excise has set the sum of N3.01trillion as the 2022 revenue target for the Nigeria Customs Service (NCS). The committee also approved N369 billion as the 2022 budget for the service. Chairman,.....

February 5, 2022 No Responses

Airtel Africa Boosts Nine Months Revenue By 21.7%

For the nine months ended December 31, 2021, Airtel Africa Plc declared revenue growth of $3.49 million, representing a growth of 21.7 per cent when compared with $2.87 million recorded in the comparative period of 2020. A statement issued by ...

January 29, 2022 No Responses

NIMASA Explains N37.6b Revenue, 12 Marine Accidents In 2021

By Moses Ebosele, ebosele@hotmail.com — Between January and December 2021, the Nigerian Maritime Administration and Safety Agency (NIMASA) contributed N37,691,630,450.02 (N37.6b) to the federation account, compared with N31, 839,917,978.20. (N31.8b) wit...

January 26, 2022 No Responses

2021: NCS Generates N493.75b At TinCan Island Port

The Nigeria Customs Service (NCS), TinCan Island Ports (TCIP) command generated N493,754,017,176.81 in 2021. The Area Controller, TCIP Command, Comptroller Abdullahi Musa, made this known in a statement signed by Mr Uche Ejesieme, Public Relations Office...