Nigeria’s oil tax revenue plunged by 53% in the first half of 2025, according to the latest report released by…
Browsing: Revenue
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a profit of N216 billion for the 2024 financial year,…
Nigeria’s key revenue collection and allocation agencies have unveiled a coordinated initiative aimed at improving revenue recovery, enhancing transparency, and…
Nigeria’s oil sector is facing renewed concerns as fresh figures reveal that crude oil earnings declined by a staggering ₦3.18…
BUA Foods Plc has revealed that it generated ₦1.53 trillion in revenue for the financial year ended December 2024, and…
Nigeria has reportedly lost more than ₦509 billion in trade value and Customs revenue within a short period, according to…
Nigeria’s electricity distribution companies (DisCos) recorded a 4.9 per cent decline in their monthly revenue, which dropped to N182.11 billion,…
The Federal Inland Revenue Service (FIRS) has pledged to strengthen tax policies across West Africa, aiming to boost revenue generation,…
Nigeria is currently channeling approximately 50 percent of its national revenue into debt servicing, according to a recent report by…
Briclinks Africa Plc has reported a total revenue of N135.6 million for the second quarter of 2025, marking a modest…
The Federal Government, in collaboration with the Federal Inland Revenue Service (FIRS), has taken its ongoing tax sensitisation programme to…
The Federal Government has set forth a bold economic directive to raise Nigeria’s Gross Domestic Product by ₦23 trillion—or approximately 12…
The Nigeria Customs Service has declared that the Port Terminal Multi‑Purpose Limited (PTML) arm—responsible for managing operations at Apapa port—generated…
Nigeria could suffer a significant blow to its fiscal stability, as the International Monetary Fund (IMF) has projected a potential…
The Nigeria Customs Service (NCS) has announced a revenue collection of N1.75 trillion for the first half of 2024, derived…
The Central Bank of Nigeria (CBN) has attributed the significant decline in the country’s oil revenues to the deterioration of…
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has announced a revenue collection of ₦252 billion for the fiscal year,…
The Federation Account Allocation Committee (FAAC) has distributed a total of N1.7 trillion among the federal, state, and local governments…
The Ports and Terminal Multiservices Limited (PTML) Command of the Nigeria Customs Service has announced it generated a record N288…
Vitafoam Nigeria Plc, one of the country’s largest foam manufacturers, has reported a substantial increase in its revenue, reaching N82.58…