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United Nigeria Airline‘ll Boost Our Revenue, Says FAAN

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

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

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,...

Customs Revenue Rises, Rakes In N1.56trn In One Year

Customs Revenue Rises, Rakes In N1.56trn In One Year         The Nigeria Customs Service on Wednesday said it generated N1.56tn in 2020. It said the amount generated was over the target of N1.38tn and over the sum of N1.34tn generated in 2019 despite the COVID-19 pandemic. The Comptroller-General...

Low Revenues, Poor Investments, Others Threaten Nigeria’s 2021 Growth – W’Bank

Low Revenues, Poor Investments, Others Threaten Nigeria’s 2021 Growth – W'Bank       The World Bank has said that Nigeria’s growth is expected to resume by 1.1 per cent in 2021 from a contraction of 4.1 per cent in 2020. It also said the global economy would expand...

Fed Govt May Exceed N7.89trn 2021 Revenue Target As Oil Prices Soars

Fed Govt May Exceed N7.89trn 2021 Revenue Target As Oil Prices Soars         There are indications that the Federal Government may be on course to meet and perhaps, surpass the projected oil revenue target in the 2021 budget if the recent rise in the prices of...