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Tag "Revenue"

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. It was a big leap forward for the company from

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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 in after tax profit to roughly N26 billion. This is

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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 in turnover. And it is cutting as much costs as

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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 was used for debt servicing. This means that for every

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FIRS generates N650bn in June — highest monthly revenue since COVID-19 outbreak

  FIRS generates N650bn in June — highest monthly revenue since COVID-19 outbreak

The Federal Inland Revenue Service (FIRS) says it generated N650 billion revenue in June 2021. This is contained in a

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Niger targets N1.5bn monthly revenue

  Niger targets N1.5bn monthly revenue

The Niger state board of internal revenue says it is targeting an income of N1.5 billion monthly. In 2020, the

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Akabueze: Cutting governance cost will not solve Nigeria’s revenue problem

  Akabueze: Cutting governance cost will not solve Nigeria’s revenue problem

Ben Akabueze, director-general of the budget office, says cutting budget allocations to ministries, departments and agencies (MDAs) will not have

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Transcorp raises turnaround hopes in Q1 2021

  Transcorp raises turnaround hopes in Q1 2021

Transnational Corporation of Nigeria (Transcorp) has begun the 2021 financial year with high hopes for a turnaround. Its first-quarter operations

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FBN Holdings posts 5.8% increase in Q1 2021 non-interest income

  FBN Holdings posts 5.8% increase in Q1 2021 non-interest income

Despite the impact of COVID-19 pandemic on the operations of most financial institutions across the globe, tier-1 lender, FBN Holdings

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Guinness Nigeria gets back to profit in Q3

  Guinness Nigeria gets back to profit in Q3

Guinness Nigeria Plc has cut its way back into the profit territory from two quarters of losses in its current

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