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…
…Reports 39.13% increase By Seun Ibiyemi Despite major economic challenges in Q1 2023, Skyway Aviation Handling Company announced N16.5 billion in revenue, evidencing Skyway Aviation revenue growth. This significant achievement has boosted the company’s gross profit to N8.2 billion, up…
…As FAAC meets in Abuja By Seun Ibiyemi The Federation Accounts Allocation Committee (FAAC) has shared a total of N1.143 trillion to the federal government, states, and local government councils as revenue for May. This was announced at the end…
The Federal Government has announced N318.5bn revenue inflow in the first quarter of 2024, the Accountant General of the Federation, Mrs Oluwatoyin Madein disclosed on Wednesday in Abuja. Madein stated this while briefing members of the House of Representatives Committee…
Transnational Corporation (TRANSCORP) Plc, Nigeria’s leading listed conglomerate, announces its financial results for the year ended December 31, 2023. The Group achieved substantial growth in its financial indicators, reinforcing its market leadership and strategic positioning. In its audited results, Transcorp…
By Sodiq Adelakun Nigeria has experienced a substantial increase in revenue from foreign exchange differences, totaling N1.36 trillion over a six-month period, according to recent data from the Federation Account Allocation Committee (FAAC) communiques. The remarkable rise in profits is…
