Revenue Archives — Page 5 of 10

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 of December 2020, while Gross Profit rose by 143 % to N16.23bn...

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...

January 22, 2022 No Responses

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 ...

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 thi...

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 ...