Revenue Archives — Page 5 of 9

January 13, 2022 No Responses

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 this in a...

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...

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, &...

December 7, 2021 No Responses

FIRS Urges Comprehensive Revenue Inclusion

Executive Chairman, Federal Inland Revenue Service (FIRS) Muhammad Nami, on Monday in Abuja called for the aggregation of all revenues generated at national and sub-national levels. This, he said, would enable proper determination and accurate computatio...

November 3, 2021 No Responses

Transcorp Hotels Reports N14.6b Revenue In Q3

TRANSCOHOT.LG, owner of Transcorp Hilton Abuja, Transcorp Hotels Calabar and Aura by Transcorp Hotels, has announced its unaudited Q3 results showing 115 percent growth in revenue year-on-year (YoY) to N14.6 billion and a gross profit growth of 149 percent to....

November 3, 2021 No Responses

Maersk Records $16.6b Revenue In Q3

Danish shipping and logistics giant A.P. Moller – Maersk closed the third quarter of 2021 with record earnings. Revenue grew 68 per cent to $16.6 billion in Q3 2021 from $9.9 billion posted in the corresponding quarter a year earlier. EBIT was...

November 2, 2021 No Responses

NB Reports N309.2b Revenue, Budgets N3.23 For Interim Dividend

By Moses Ebosele, ebosele@hotmail.com — For the nine months ended September 30, 2021, the Board of Directors, Nigerian Breweries Plc (NB Plc) has approved an interim dividend of N3.23 billion payable to shareholders at 40k each per ordinary share of 4...

October 29, 2021 No Responses

Presco Declares Interim Dividend, N34.2b Revenue In Nine Months

By Moses Ebosele, ebosele@hotmail.com — For the nine months period ended September 30, 2021, Presco Plc attained N34.2b (N34,236,781) revenue, compared with N6.5 (N6,577,379) recorded within same period in 2020. In its ...

October 28, 2021 No Responses

SAHCO Attains N6.4b Revenue In Nine Months

By Moses Ebosele, ebosele@hotmail.com — For the nine months period ended September 2021, Skyway Aviation Handling Company Plc (SAHCO) attained N6.2b (N6,423,637) revenue, compared with N4.9 (N4,955,544) recorded within same period in 2020.&n...

October 8, 2021 No Responses

FIRS Boss: Only 41m People Pay Tax In Nigeria

The Chairman, Federal Inland Revenue Service (FIRS), has said that only 41 million pay taxes in Nigeria out of the over 200 million population in the country. Nami made the disclosure at the ‘Public Presentation and Breakdown of the Highlights...

August 21, 2021 No Responses

FG, States, LGs Share N760.7b For July

The Federation Accounts Allocation Committee (FAAC) has shared N760.717 billion as federation allocation for the month of July. This is contained in a statement by Mr Oshundun Olajide, Deputy Director (Information), Ministry of Finance, Budget and N...

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...

July 23, 2021 No Responses

NETCO Declares N18.02b Revenue, Shareholders Get N400m Dividend

For the year ended December 31, 2020, the National Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) has reported N18.02 billion revenue and profit before tax of N3.37 billion. Also, withi...