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The Nigerian National Petroleum Company (NNPC Ltd) Thursday announced that it recorded revenue of N5.891trn in April 2025. In its NNPC Limited Monthly Report Summary for the month of April …
2025: NNPC Ltd rakes in N5.891trn as revenue in April Read More
Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, has announced its unaudited results for the year ended 31 December 2024. The financial year 2024 …
Savannah Energy posts $658.9m revenue Read More
Nigeria’s solid minerals sector, driven by the President Bola Ahmed Tinubu administration’s new policy of local value addition and a tightened licensing regime, attracted over $800 million in processing projects …
Tinubu’s mining reforms yielding six-fold increase in revenue, $800m foreign investment – Alake Read More
The Nigeria Customs Service Apapa Command has intercepted two stolen vehicles from Canada and six containers carrying prohibited medical supplies imported from India. The Customs Area Controller of Apapa Command, …
Apapa Customs hits N1.094trn revenue milestone Read More
The House of Representatives has directed an investigation into operational issues related to driver’s license issuance, revenue generation and usage by the Federal Road Safety Commission (FRSC). This followed a …
Reps investigate FRSC over driver licence issuance revenues, operational issues Read More
Speaker of the House of Representatives, Hon. Abass Tajudeen, has declared that Nigeria’s heavy dependence on oil revenue would continue to leave its economy vulnerable, noting that agriculture remained the …
Over-dependence on oil revenues making Nigeria’s economy vulnerable – Abbas Read More
A telecommunications giant, Airtel Africa Plc has reported revenue of $4,955 million for the financial year ended March 31, 2025. The company grew revenue by 21.1 per cent in constant …
Airtel Africa reports $4,955m revenue Read More
The Senate Wednesday passed two out of the four Tax Reform Bills forwarded to it for consideration along with the House of Representatives by President Bola Tinubu in October last …
Senate passes 2 tax reform bills, executive vice chairman to head Nigeria Revenue Service Read More
Telecommunications giant MTN Nigeria has posted a strong recovery in the first quarter of 2025, generating over N1 trillion in revenue for the three-month period ending March 31, 2025. The …
MTN Nigeria posts over N1trn revenue, N133.7bn profit Read More
The World Bank has said that global trade tensions could see commodity prices falling to an all time low by 2026, according to the World Bank’s latest Commodity Markets Outlook. According …
Nigeria’s revenue at risk as World Bank forecast global commodity prices fall Read More
Nigeria’s top banks, including Access Bank, Zenith Bank, UBA, and others, earned a combined N5.93 trillion from investment securities in 2024, marking a historic surge that underscores a strategic pivot …
Access leads as banks earn N5.93trn from investment securities Read More
The Lagos Chamber of Commerce and Industry (LCCI) has said that the ongoing reforms in the oil and gas sector to drive more crude production, increase domestic refining capacity, and …
Reforms in oil, gas to improve revenue, support budget projection – LCCI Read More
Governor Francis Nwifuru of Ebonyi state has condemned the attack on revenue officers in Ebonyi state. A group of thugs numbering over 200 had attacked a team of security operatives …
Nwifuru condemns attack on revenue agents in Ebonyi Read More
The Nigeria Customs Service (NCS) Tuesday said it collected the sum of N1.7 trillion as revenue in the first quarter of 2025. The Comptroller-General, Bashir Adewale Adeniyi, disclosed this in Abuja during …
2025: Nigeria Customs collects N1.7trn in first quarter Read More
The sum of N1.578 trillion has been shared to the Federal, States and Local Government Councils in the month of March by the Federal Accounts Allocation Committee (FAAC). Giving a …
2025: FG, States, LGs share N1.578trn in March Read More
TotalEnergies Marketing Nigeria Plc has announced robust financial results for the full year ended December 31, 2024, posting a pre-tax profit of N42.2 billion, a significant 140.35 per cent increase …
TotalEnergies posts N42.2bn profit as 2024 revenue tops N1trn Read More
Cadbury Nigeria Plc has released its audited financial results for the year ended December 31, 2024, revealing a pre-tax loss of N28.3 billion. This marks an improvement from the N32.2 …
Cadbury Nigeria posts N28.3bn loss amid 2024 revenue surge Read More
Nigeria’s fiscal deficit declined in the fourth quarter of 2024, reflecting a stronger revenue performance and tighter expenditure management, according to data from the Central Bank of Nigeria (CBN). …
2024: Nigeria’s fiscal deficit declines to N3.08trn in Q4 as revenue rises Read More
The House of Representatives Committee on Public Accounts has again recovered the sum of $14.2 million (about N21.4 billion) from four oil and gas companies as part of its ongoing …
Unremitted revenues: Reps give oil firms 7 days to remit $23.2m Read More
The House of Representatives Committee on Public Accounts has again, successfully recovered $14.2 million (about N21.4 billion) from four oil and gas companies as part of its ongoing investigation into …
Unremited revenue: Again, House of Representatives recovers N$14m from oil firms Read More
The Accountant General of the Federation has expressed her willingness to tackle the shortfall of revenue confronting the nation ‘s economy by the introduction of Aggressive Revenue drives. Dr. Mrs …
AGF embarks on aggressive revenue drive to improve funding of personnel cost Read More
The $20 billion Dangote Petroleum Refinery & Petrochemicals and Dangote Fertliser will be listed on the Nigerian Exchange Group before the end of March, 2025, President/Chief Executive Officer Dangote Industries Limited Alhaji …
Our $20bn refinery, $2.5bn fertilizer plant to be listed on NGX March 2025 – Dangote Read More
Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), announced impressive financial performance at its recently concluded 11th Annual General Meeting (AGM), the first since the Company went …
Transcorp Power Plc Reports N142bn revenue, N52.8bn PBT, declares N23.46bn dividend Read More
Reactions have continued to greet revelations that the Federal Inland Revenue Service (FIRS) under the leadership of Zacch Adedeji generated a whopping ₦12.3 trillion in 2023. This amounts to about …
Adedeji’s 2024 tax revenue target Read More
Reactions have continued to greet revelations that the Federal Inland Revenue Service (FIRS) under the leadership of Zacch Adedeji generated a whopping ₦12.3 trillion in 2023. This amounts to about …
Zacch Adedeji and 2024 tax revenue target Read More