The Federal Government has announced the commencement of a comprehensive review of the country’s revenue allocation formula, a process aimed…
Browsing: Revenue
Oando Plc has reported a strong financial and operational performance for the first half of 2026, recording a 20 percent…
Nigeria’s electricity distribution companies (DisCos) recorded a 4.9 percent decline in monthly revenue, sliding to N182.11 billion, as the power…
The Nigeria Customs Service (NCS), Kirikiri Lighter Terminal (KLT) Command, has announced that it generated a total revenue of ₦89.2…
Ecobank Transnational Incorporated (ETI), the parent company of Ecobank Nigeria and other subsidiaries across Africa, has reported a significant 43%…
Champion Breweries Plc has staged a remarkable recovery in the first half of 2025, recording a 111 percent surge in…
The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has renewed its call for the adoption of ground rent as…
TotalEnergies Marketing Nigeria Plc has projected a revenue of N192 billion for the second quarter of 2024, reflecting the company’s…
CHAMS Plc, a leading identity management and technology services company in Nigeria, has posted an impressive 42 percent year-on-year increase…
The Central Bank of Nigeria has disclosed that commercial banks extended a total of N74.41 trillion in credit to the…
Dangote Cement Plc, Africa’s largest cement producer, has announced an impressive profit of N743.3 billion for the nine-month period ending…
Savannah Energy has reported revenue of $104 million for the first four months of the year, reflecting strong operational performance…
Nigeria is losing an estimated ₦600 billion annually to illegal container sales and related sharp practices within the ports and…
Nigeria remains classified within a high-risk debt environment despite recent fiscal improvements, according to a new assessment highlighted by the…
Nigeria’s subnational governments have collectively received about ₦1.18 trillion in Value Added Tax (VAT) allocations following adjustments to the revenue-sharing…
Nigeria’s Federation Account Allocation Committee (FAAC) has distributed a total of ₦2.04 trillion among the three tiers of government for…
The Nigerian National Petroleum Company Limited (NNPC) has reported a significant revenue boost, hitting ₦4.65 trillion in August 2025 despite…
Lagos State Governor Babajide Sanwo-Olu has announced that the state’s burgeoning leather industry is projected to generate an estimated N387.5…
The Nigerian National Petroleum Company Limited has reported a profit of ₦502 billion for November, even as the country’s crude…
Lafarge Africa Plc has reported a remarkable 70 percent increase in revenue, reaching ₦269 billion for the second quarter of…