…Nigeria’s Foreign Direct Investments exceed $30bn — Tinubu By Seun Ibiyemi President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to supporting the Nigeria Customs Service (NCS) in its ongoing modernisation and reform efforts to enhance the nation’s economic growth.…
E-commerce giant, Jumia Technologies AG recorded a/ $20.1 million operating loss in Q3 2024, representing a 10 percent increase year-on-year when compared with the $18.3 million posted in the same period last year. The company reported revenues of $36.4 million,…
By ESV OLUFOKUNBI, Olabisi Esther – HND, Bsc., ANIVS, RSV (Oyo State Housing Corporation) Government commercial properties play a crucial role in the economy, serving as vital sources of revenue for public agencies. These properties, which include office buildings, retail…
Mrs Ronke Litan, the Oyo State Postal Manager of Nigerian Postal Service (NIPOST) on Thursday in Ibadan said they have diversified into other services in order to generate more revenue. Litan told the Newsmen that such services they had diversified…
The Katsina State Government says it has generated N2.024 billion as Internal Generated Revenue (IGR) in Sept. This is contained in a statement on Friday by Alhaji Sada Shu’aibu, Director, Corporate Communication of the State Internal Revenue Board. The director…
By Seun Ibiyemi The Managing Director, Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, on Wednesday, reaffirmed his commitment to staff development, boosting productivity and revenue generation. Dr Dantsoho said this when he received the leaders of the Senior Staff Association…
The Federal Government, through the Ministry of Aviation and Aerospace Development, has called for private sector collaboration to diversify airport revenue generation. The Minister of Aviation, Mr Festus Keyamo, SAN, made the call at the 9th Airport Business Summit and…
The Lagos State Government on Thursday unveiled plan to simplify and harmonise its revenue and tax system to stimulate development in the state. The Special Adviser to Gov. Babajide Sanwo-Olu of Lagos on Taxation and Revenue, Mr Abdul-Kabir Ogungbo, made…
By Esther Agbo Nestle Nigeria Plc faced a challenging first half of 2024, recording a pre-tax loss of N252.5 billion, a stark increase from the N69.1 billion loss in H1 2023. Despite these financial difficulties, the company’s revenue surged by…
The Federal Government has unveiled a central revenue system aimed at enhancing financial transparency, accountability and prudent revenue management. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun is the Chair of the stakeholder engagement meeting on…
