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
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
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
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,...
Fuel Marketers’ Revenue To Drop By N400bn – Report
The total revenue from the sale of petroleum products in Nigeria is expected to fall by N400bn this year on the back of the impact of the COVID-19 pandemic on fuel consumption, a new report by...
How Nigeria’s Cocoa Revenue Can Hit $1.1bn In Five Years
If Nigeria deploys measures to increase yield, land area under cultivation, quality of cocoa beans through new techniques in fermentation and sustainable farming, embrace organic certification, and target new markets, it might be able to...
