Oil Export Revenue Drops By 41%         Revenue from oil export fell by a whopping 41.44 percent to $2.033 billion in the first nine months of 2020, compared to $3.47 billion received in the corresponding period of 2019, data from the Nigerian National Petroleum Corporation, NNPC,...

Power Sector Loses N20.5bn Revenue As Load Rejection Lingers         About N20.5bn revenue was lost by Nigeria’s power sector between January 1 and 22, 2021, as operators in the business complained that energy was still being rejected by distributors. Data obtained from the Federal Ministry of Power...

PTML Customs Rake In N189bn Revenue         The Port Terminal Multiservices Limited (PTML) Command of Nigeria Customs Service (NCS) has declared N189.35 billion as revenue for 2020. The command also handled 151, 938 metric tonnes of export cargoes with Free on Board value of N117.34 billion in...

United Nigeria Airline‘ll Boost Our Revenue, Says FAAN         The Federal Airports Authority of Nigeria, FAAN, has said that the coming of a new airline; United Nigeria, has increased the number of domestic flights at the Akanu Ibiam International Airport, AIIA, Enugu to seven airlines. FAAN also...

SON In Rivers Generates N85m Revenue Through Service Charges         The Standard Organisation of Nigeria, SON, in Rivers State has generated N85 million to the Federal Government through Service Charges in 2020. This was just as the Organisation also vowed that it would beam its searchlight on...

CAC Generates N19bn, Remits N2.7bn To FG’s Account         The Corporate Affairs Commission on Monday announced a revenue generation of N19bn for its 2020 fiscal year. It also announced a total remittance of N2.7bn to the consolidated revenue account of the Federal Government. The Registrar-General, CAC, Garba Abubakar,...