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Tag "Revenue"

COVID-19 surge: Nigeria’s oil revenue at risk as India slows down crude purchases

    COVID-19 surge: Nigeria’s oil revenue at risk as India slows down crude purchases

India, one of Nigeria’s top oil buyers, has slowed down its crude purchases as it continues to battle rising COVID-19 infections. Figures from the Nigerian Bureau of Statistics fourth quarter

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Senate panel probes MDAs over N3trn ‘unremitted’ revenue

    Senate panel probes MDAs over N3trn ‘unremitted’ revenue

The senate committee on finance says some ministries, departments and agencies (MDAs) failed to remit over N3 trillion to the consolidated revenue fund (CRF) of the federal government between 2014

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Unilever Nigeria records strong sales growth in Q1

    Unilever Nigeria records strong sales growth in Q1

Unilever Nigeria Plc posted a strong gain in sales revenue in the first quarter ended March 2021. The company’s turnover was elevated by roughly 46 percent during the quarter, staging

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NBS: VAT revenue increased by N171bn in one year

    NBS: VAT revenue increased by N171bn in one year

The National Bureau of Statistics (NBS) says the country’s revenue from value-added tax (VAT) increased by N171.81 billion in one year. According to the recently released sectoral value-added tax (Q1

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Senate approves N7.6trn revenue target for FIRS

  Senate approves N7.6trn revenue target for FIRS

The senate on Wednesday approved an upward review of the revenue target for the Federal Inland Revenue Service (FIRS) from

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Polaris Bank posts 4% surge in profit, assets hit N1.2trn in 2020

  Polaris Bank posts 4% surge in profit, assets hit N1.2trn in 2020

Polaris Bank says it recorded a 4 percent increase in profit before tax (PBT) at N28.9billion for the financial year

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MTN Nigeria posts record turnover of N1.35trn in 2020

  MTN Nigeria posts record turnover of N1.35trn in 2020

MTN Nigeria Plc posted a record turnover of N1.35 trillion at the end of the 2020 financial year — which stands

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Senate approves N1.6trn customs’ revenue target

  Senate approves N1.6trn customs’ revenue target

The senate on Wednesday approved a total of N1.67 trillion revenue target for the Nigerian Customs Service (NCS) for the

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Unity Bank grows assets by 67.9% to N492bn in 2020

  Unity Bank grows assets by 67.9% to N492bn in 2020

Unity Bank Plc says its assets base grew to N492.02 billion at the close of financial year which ended December

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Customs generates N466bn revenue in Q1 2021

  Customs generates N466bn revenue in Q1 2021

The Nigeria Customs Service (NCS) says it generated N466 billion revenue in the first quarter of 2021 (Q1 2021). This

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