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Total Nigeria Targets N76bn Revenue In Q4

Total Nigeria Targets N76bn Revenue In Q4     Total Nigeria Plc has projected to achieve N75.67bn revenue for the fourth quarter of 2020. In its Q4 earnings forecast obtained from the Nigerian Stock Exchange, the oil firm also projected N66.24bn as the cost of sales for the...

FG Revenue Drops By 32% To N625.9bn In May

FG Revenue Drops By 32% To N625.9bn In May       Driven by the drop in crude oil prices, federally collected revenue fell by 32 percent to N625.9 billion in May 2020 from N915.28 billion collected in April. Central Bank of Nigeria (CBN) stated this in its Monthly...

14 Banks Gross N1.2trn Revenue In 6 Months

14 Banks Gross N1.2trn Revenue In 6 Months     Fourteen Deposit Money Banks (DMBs) listed on the Nigerian Stock Exchange have recorded N1.187 trillion gross revenue for the first six months of 2020. They had earned N1.114tn in the corresponding period of 2019. Despite the effects of the...

FG Moves To Recover Over N100bn Revenues From Lottery Sector

FG Moves To Recover Over N100bn Revenues From Lottery Sector     The Minister of Special Duties and Inter-Government Affairs , Senator George Akume, has said efforts are underway to recover the backlog of over N100 billion revenues due for government from the lottery sector. The minister disclosed...

Repackaging our Cultural Heritage for Revenue Generation

Repackaging our Cultural Heritage for Revenue Generation By Ibrahim Shehu Dandakata   The disregard of black heritage is laughable. This is because even the Cushitic/Nubian civilization of Lower Egypt that predates civilizations is still known to history till date. The temples, pyramids and other ancient sculptures and...

FAAN Laments 95% Revenue Decline, Implements New Charges

FAAN Laments 95% Revenue Decline, Implements New Charges       The Federal Airports Authority of Nigeria on Thursday said its revenue had dropped by over 95 per cent in the wake of the lockdown declared to curtail further spread of COVID-19. The Managing Director of FAAN, Rabiu Yadudu,...