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FIRS records N12.374 trillion as tax revenue for the federation in 2023

  Caption Minister of Finance and Coordinating Minister of the Economy, Wale Edun (left) and the chairman, Federal Inland Revenue Service, FIRS, Zacch Adedeji, at the...

Access Holdings Plc Gross Revenue H1, 2023 hits ₦940.3bn

Access Holdings Plc Gross Revenue hits  ₦940.3bn, reflecting an impressive year-on-year (y/y) growth of 58.9%. This substantial surge was driven by driven by a...

Nestlé Nigeria records N261 .8 bn revenue for  H1 2023

Elhusseini Nestlé Nigeria PLC has announced a revenue of N 261.8 billion in the first half of 2023. This is  17.7% increase compared to its performance...

BUA Cement grows profit by 12.3% to N74b in nine months 2022

BUA Cement Plc has released its statement of profit or loss and other comprehensive income for the third quarter ended September 30, 2022 with...

States to lose N19bn in oil, gas revenues in 2022 says World Bank

The World Bank has said that Nigerian states will likely lose N18.8bn in oil and gas revenues in 2022, as worsening revenue collection at...

NNPC makes N1.7tn from crude sales in 12 months

Revenue made by the NNPC Limited from crude oil sales in one year has been put at N1.7trn. The corporation’s latest monthly and financial report...

Airtel Africa plc promises improvement in revenue growth trends

  Highlights Q1’22 Reported revenue grew by 30.7% to $1,112m, with constant currency growth of 33.1%. Revenue growth partially benefitted from a weakened quarter in the...

Nigeria made $34.28bn Oil, Gas revenue in 2019-NEITI

  The Nigerian government raked in $34.28 billion from oil and gas sector in 2019. Energy Frontier reports that the Nigeria Extractive Industry Transparency, NEITI, which...

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