NPA Generates N172b Revenue In Six Months

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 2022 operations, Managing Director and...
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Customs Onne Port Command Generates N115.26b In Six Months

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...
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Apapa Customs Command Generates N522.4bn In Six Months

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

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

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

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

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...
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Reps Set N3.01tri Revenue Target For Customs

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,.....
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Airtel Africa Boosts Nine Months Revenue By 21.7%  

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

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

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...
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A’Ibom Targets N43.8b Revenue In 2022

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 ...
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Customs FOU Intercepts N7.8b Contraband In 2021

Customs FOU Intercepts N7.8b Contraband In 2021

The Nigeria Customs Service (NCS), Federal Operations Unit, Zone A, on Wednesday said it intercepted contraband from Benin Republic worth N7.813 billion in 2021.  The acting Customs Area Controller of the Unit, Deputy Comptroller Hussein Ejibunu, said thi...
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2021: NCS Explains N2.2tri Revenue

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...
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