Transnational Corporation Plc (NGX: TRANSCORP), Nigeria’s largest diversified conglomerate, with investments in Power,Hospitality, and Oil & Gas, held its Investors and Analysts Conference Call on Thursday, April 20, 2023. The call discussed Transcorp’s Full Year 2022 and Q1 2023 financial results and provided an outlook for the rest of the year. Joseph Adegunwa, the Group’s […]
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The Federal Government of Nigeria on Sunday commended the Dangote Group for its proposed plan to expand its domestic revenue generation drive from four billion dollars to 30 billion dollars annually from 2021 to boost the nation’s economy. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, gave the commendation during an inspection […]
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A new document by NEITI has revealed that the total revenue received by Lagos state in 2018 was higher than what was received by the entire south-east region. The south-east region consists of five states namely: Abia, Anambra, Ebonyi, Enugu and Imo. The state’s 2018 revenue was also higher than that of the northeast and […]
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Federal, states and local governments on Thursday shared N714.8 billion revenue generated in July, the News Agency of Nigeria (NAN) reports. The figure indicated a decline of N107.1 billion when compared to what was generated in June. The Minister of Finance, Mrs Kemi Adeosun, while briefing newsmen in Abuja on the outcome of the monthly […]
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The Federal Inland Revenue Service (FIRS) has announced that it realised a total of N2.5 trillion (N2,529,615,174,601.25) from various taxes from January to June 2018. The amount shows that the service has realised 75% of its total target for the year, which is an improvement over what was realised at the corresponding period in 2017. […]
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Dr Ibrahim Hamza, the Commissioner for Water Resources in Kaduna State, says the state’s monthly revenue from water rate has increased from N30 million to N130 million. Hamza said this on Friday in an interview with News Agency of Nigeria (NAN), on the sidelines of the International Conference of the Nigerian Water Supply Association in […]
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The Chairman of Federal Inland Revenue Service (FIRS), Babatunde Fowler, on Monday said that the agency achieved N4 trillion as tax revenue collection in 2017. Mr. Fowler said this at the FIRS 2018 Management and Stakeholders in Lagos with theme, “Optimizing Tax Administration with Parliamentary Synergy”. The agency recorded N3.3 trillion as revenue collection in […]
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The Nigeria Customs Service (NCS) has expressed the hope to exceed 2017 record of revenue collection performance in 2018, appealing for support from all Nigerians. The Public Relations Officer, Mr Joseph Attah, told newsmen on Friday in Abuja that the NCS received Federal Government support in 2017 “and this would translate to more patrol vehicles […]
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The Nigeria Customs Service (NCS) says it generated a total revenue of N1.01 trillion in the 2017 fiscal year, the highest ever recorded by the agency. Joseph Attah, public relations officer, NCS, disclosed this during a media briefing at the agency’s headquarters in Abuja, on Thursday. According to him, the agency generated the record high […]
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The Apapa Command of the Nigeria Customs Service generated N36.22 billion in November, authorities of the command have said. Nkiru Nwalla, the command’s spokesperson told newsmen in Lagos that the collection was an increase of about N6.6 billion from N31.8 billion recorded in the preceding month. Nwalla said that by the collection, the command surpassed […]
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