The number of estimated billing customers in the fourth quarter of 2023 dropped by 3.34% from 6.03 million to 5.83 million data gleaned by Ripples Nigeria...
The Nigeria Customs Service, Apapa Area Command, on Thursday, said it collected N135bn worth of revenue in October, the the highest monthly collection in the history...
Nigerians spent N3.3trn on data, calls, sms in 2022, NCC report revealsNigerians spent N3.3trn on data, Nigerians spent N3.3trn on data, calls, sms in 2022, NCC...
Railway-related debt service costs the Federal Government $62.66 million in the first quarter of this year. Data obtained from the Debt Management Office (DMO) by Ripples...
Cadbury Nigeria Plc’s revenue rose by 30 percent in the first quarter of this year. The firm disclosed this in its Un-audited Interim Financial Information released...
BUA Foods, owned by billionaire, Rabiu Abdulsamad, was forced to cut production of its revenue-driven products, sugar, flour and pasta in 2022. In an explanatory note...
Domestic oil and gas company, Eterna Plc, recorded a decline in its foreign exchange forward contract, but managed to raise its total revenue for the year...
The revenue generated by the Nigerian railway service fell significantly in the second quarter of 2022, amid a rise in its debt service to loans obtained...
It is a fact that all is not well with the Nigerian economy on many fronts. These range from weak revenue, pilling debts and poor performance...
The Cinema Exhibitors Association of Nigeria (CEAN) has revealed that Nigerians in the month of April spent a total of N582 million on cinema tickets across...
Revenue from Value Added Tax (VAT) in Nigeria increased to N563.72 billion in the last quarter of 2021, the National Bureau of Statistics (NBS) has revealed....
The Nigeria National Petroleum Corporation, NNPC has disclosed that only 17.4 percent of its N2.99 trillion revenue from January to November was paid into the federal...
Nigeria remains the top revenue source for telecommunications company, Airtel Africa, as earnings from the market surpasses that of its East Africa turnover. In its financials...
MTN Nigeria produced an exceptional half-year performance, with all key revenue segments increasing from the previous year. Although its mobile subscribers declined by 7.6 million to...
The Federal Government has revealed it plans to acquire a central monitoring system (CMS) for the country’s gaming industry for better performance and enhanced revenue generation....
In order to replicate its economic sustenance and viability across the country, state governments under the aegis of the Nigeria Governors’ Forum, visited Lagos State to...
The Nigerian Investment Promotion Council (NIPC) has revealed that it remitted N5.36 billion to the Consolidated Revenue Fund (CRF) in the last five years from its...
The disagreement between MTN Nigeria and deposit money banks over Unstructured Supplementary Service Data (USSD) payment affected the earnings of the telecommunications company. Ripples Nigeria gathered...
The first quarter of 2021 was a disastrous period for Ikeja Hotel, as the company suffered a significant loss in operations, while its revenue for the...
Unilever Plc recorded loss in operation during the first quarter of 2021 despite revenue rising within January and March this year. The loss was also reported...
UAC Nigeria’s slight revenue improvement in 2020 wasn’t enough to stop the company from recording a loss in its operating profit for the same period. The...
Profit of American companies in Nigeria fell by 26.5 percent in 2020 to N1.08 trillion from N1.47 trillion recorded in 2019. The figures were disclosed by...
MRS Oil Nigeria has released its revenue projection for the second quarter of 2021, with the company projecting a rebound in revenue after it was pummeled...
Senate Committee of Finance will begin its investigation of Ministries, Departments, and Agencies (MDAs) over their compliance with laws on remittance of Internally Generated Revenue (IGR)...
A former President of the Nigeria Bar Association (NBA), Dr. Olisa Agbakoba has called on President Muhammadu Buhari to consider new revenue generation avenues for the...
The Nigerian government posted a 38 per cent deficit, translating to N1 trillion, in its projected revenue for the first five months of 2020, the budget...
The Federation Accounts Allocation Committee (FAAC) Wednesday shared N780.926 billion as revenue allocation for March to the federal, states, local governments and relevant agencies in the...
Confectionery and food-processing giant, Cadbury Nigeria Plc has reported a 54% growth in its after-tax profit for Full Year ended 31st December 2019 in spite of slight...
Despite a 1.93% increase in revenue of alcoholic beverage maker, Nigerian Breweries (NB), its profit took a dive of 17%, according to the company’s financial statement...
According to the Q3 2019 financial statement released by Guaranty Trust Bank (GTBank) for the period ended September 30, 2019, the bank posted a revenue of...
The Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), Mr Elias Mbam, has said the Federal Inland Revenue Service contributed 59.7 per cent of...
Tin-Can II Customs Command in Lagos generated N6.81 billion as revenue between January and April 2019. Customs Area Controller, Comptroller Lami Wushishi, made this disclosure on...
Accountant-General of the Federation (AGF), Ahmed Idris, on Tuesday disclosed that a total of N616.198 billion was shared among federal, state and local governments from the...
Governor Ifeanyi Ugwuanyi of Enugu State has called on civil servants in the state to pray for the improvement of the finances of the state so...
The Federal, states and local governments in the country shared N619.85 billion for the month of February from the Federation Account. The amount represents revenue generated in...
The Nigeria Customs Service (NCS), Apapa Command, said it generated a total of N210.2 billion as revenue between January and July, 2018. The amount, which is...
A leading Chinese tabloid Southern Metropolis Daily has developed and released a new app named Bingdu which not only allows users to read the news, but...
After an improved earning from the Federation Account in June, the July allocation to the three tiers of government for July dropped from N559.032 to N443.663....
Three banks in the country may have run into turbulent waters over their alleged involvement in fraudulent practices in the management of Nigerian Ports Authority, NPA,...
The expectation of the Nigeria Customs Service (NCS) revenue filling any gap caused by drop in price of crude oil may have been dashed, as monthly...
The Federal Government, on Monday, revealed that its revenue projection in the 2016 budget fell by a whopping N1.064 trillion in the first half of the...
After months of dwindling revenue from the Federation Account, states and local government areas in the country have some good reason to cheer, as their monthly...
The Nigerian NLG Limited, NLNG, on Tuesday disclosed that it has generated some $90 billion from gas flared since 1999 when it commenced operation. Its Managing...
The federal government is desirous of exploring gas for export to shore up its dwindling revenue. President Muhammadu Buhari gave the hint at the Third Summit...
