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Customs Generates N225m Revenue, Impounds N197.4m Goods In Bauchi

Customs Generates N225m Revenue, Impounds N197.4m Goods In Bauchi   The Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone ‘D’, with headquarters in Bauchi on Thursday said it generated N224.7m and seized contraband and smuggled goods worth N197.4m between November 2019 and March 2020. The News...

Global Air Transport Revenue Loss Increases To $252bn

Global Air Transport Revenue Loss Increases To $252bn   The International Air Transport Association says the expected impact of the coronavirus on global air transport has risen to $252bn. IATA updated its analysis of the revenue impact of the COVID-19 pandemic on the global air transport industry...

Sokoto Abolishes Cash Payment Of Revenue, Tax

Sokoto Abolishes Cash Payment Of Revenue, Tax   The Sokoto State Government has said the payment of tax or any form of state revenue by cash will no longer be tolerated. Governor Aminu Tambuwal stated this at the stakeholders’ sensitisation on Sokoto State Revenue Integration and Consolidation...

Auditor General, ICPC To Probe Revenue Leakages In FIRS

Auditor General, ICPC To Probe Revenue Leakages In FIRS   The Office of the Auditor General for the Federation and the Independent Corrupt Practices and Other Related Offences Commission will jointly audit the revenue generating agencies including the Federal Inland Revenue Service. The move is aimed at...

30% Of Banking Revenues Come From Digital Payment

30% Of Banking Revenues Come From Digital Payment   About 30 per cent of banking revenues are said to be coming from the various digital platforms made available to customers. This was disclosed by the Managing Director and Chief Executive Officer, Guaranty Trust Bank (GTB) Plc, Segun...

Discos’ Revenue Collection Rises To N473bn

Discos’ Revenue Collection Rises To N473bn   The revenue collected by power distribution companies (Discos) in the county hit a new record high of N473bn in 2019. The revenue collection in 2019 rose by N35bn or eight per cent, compared to that of 2018, a report obtained...