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Tag "Revenue"

Reps reject customs’ N1.3trn revenue projection for 2022

    Reps reject customs’ N1.3trn revenue projection for 2022

The house of representatives committee on finance, on Monday, rejected the N1.33 trillion projected revenue by the Nigerian Customs Service (NCS) for the 2022 financial year. Hameed Ali, comptroller-general of

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Reps panel tackles MDAs over ‘concealment of revenue’

    Reps panel tackles MDAs over ‘concealment of revenue’

A house of representatives committee has tackled government ministries, departments and agencies (MDAs) over the alleged concealment of their revenues. At an interactive session organised by the committee on finance

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Twitter, digital platforms to pay tax as FIRS targets N10.1trn revenue in 2022

    Twitter, digital platforms to pay tax as FIRS targets N10.1trn revenue in 2022

The Federal Inland Revenue Service (FIRS) has set a revenue target of N10.1 trillion for 2022. Mohammed Nami, executive chairman of FIRS, disclosed this on Wednesday when he appeared before

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Zainab Ahmed: FG spent N2trn on debt servicing in six months

    Zainab Ahmed: FG spent N2trn on debt servicing in six months

The federal government says it spent N2.02 trillion on debt servicing within the first six months of 2021 (January-June). The figure represents 90.6 percent of the retained revenue of N2.23

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LCCI advocates asset-linked debt to ease servicing burden

  LCCI advocates asset-linked debt to ease servicing burden

The Lagos Chamber of Commerce and Industry (LCCI) has asked the federal government to replace Nigeria’s existing borrowings with asset-linked

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Kogi set to automate revenue collection process

  Kogi set to automate revenue collection process

The Kogi Internal Revenue Service (KGIRS) says it is working to automate the process of revenue collection in the state.

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Unilever Nigeria returns to profit in second quarter

  Unilever Nigeria returns to profit in second quarter

Unilever Nigeria Plc has scaled through its operating challenges and returned to profit in the second quarter ended June 2021.

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Flour Mills: Facts behind triple-digit profit growth in 2021

  Flour Mills: Facts behind triple-digit profit growth in 2021

Flour Mills of Nigeria (FMN) Plc has run its full financial year to March 2021 with a 126 percent leap

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Total Nigeria applies all-round cost cutting to build profit

  Total Nigeria applies all-round cost cutting to build profit

Total Nigeria is following an alternative route of cost cutting to build profit in the face of a sustaining drop

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BudgIT: FG spent 97% of its revenue on debt servicing in 2020

  BudgIT: FG spent 97% of its revenue on debt servicing in 2020

BudgIT, a civic-tech non-profit organisation, says out of the federal government’s total revenue of N3.42 trillion in 2020, N3.34 trillion

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