By Matthew Denis For the month of November, Nigeria’s revenue increased by a whooping N181.82 billion, despite forex and inflationary pressures. The Federation Account Allocation Committee (FAAC), at its Meeting chaired by the Honourable Minister of Finance and Co-ordinating Minister…
Flour Mill of Nigeria has reported strong revenue growth of 33 percent year-on-year to N508.3 billion at the end of Q2 23 The key factor contributing to the growth in revenue are revenue from food segment, Sugar segment, the Agro…
The Federal Government has revealed that it is targeting an estimated $1.5 billion in additional revenue from investments in equipment globally as it sets out to unveil the Equipment Leasing Registration Authority. The Chairman of ELRA, Saidu Njidda, who announced…
Nigeria no doubt has come to the rough table of disturbances. From all sides, the challenges before the Country have become deep seated. Questions as to the state of the economy of the Country have recently posed very serious conundrum.…
Nigeria’s survival is dependent on the successful plugging of federal revenue leakages by the incoming government to ensure all monies generated go straight to the Federation Account. This position was submitted by Hafiz Kawu, the House of Representatives member from…
The Management of Kwara State Internal Revenue Service, KWIRS, says it generated a sum of N3.9billions as Internal Generated Revenue (IGR) between 2019 to 2021. Also, the State-owned revenue collection agency debunked allegations against its Chief Executive, Mrs Shade Omoniyi.…
By Philemon Adedeji Flour Mills of Nigeria plc has released it unaudited results for the half year 2023, reporting it’s Overall revenue which increased significantly by 38 per cent to N721 billion, propelled by a favourable mix and some exchange…
The Federal Government recorded a revenue shortfall of N307.49bn from July to October last year, according to data obtained from the Central Bank of Nigeria’s latest economic reports. The report said the federation revenue improved in the third quarter of…
