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Federally Collected Revenue Rose By 8.9% In Q3 – CBN

Federally Collected Revenue Rose By 8.9% In Q3 - CBN   The nation’s federally collected revenue for the third quarter of this year rose by 8.9% to N2.52tn, compared to the previous quarter, the Central Bank of Nigeria has said. The CBN, in its economic report for...

Constant Revenue Shortfall Affects Nigeria

Constant Revenue Shortfall Affects Nigeria   Nigeria’s debt profile, expectedly, would notch up by $2.93 billion by the end of this week, with a mix of increased costs, courtesy of the ongoing Eurobond debt offering, which government earmarked for capital projects in the 2018 fiscal plan.This...

CITN, Others Insist Tax Remains Sustainable Revenue, Seek Professionalism

CITN, Others Insist Tax Remains Sustainable Revenue, Seek Professionalism   The Chartered Institute of Taxation of Nigeria (CITN), like other global organisations, has lent its voice to the growing optimism that tax remains the most sustainable source of revenue for government to fund development projects.Backing its...

IMF Forcasts Poor Revenue Generation For Nigeria

IMF Forcasts Poor Revenue Generation For Nigeria   The International Monetary Fund’s prediction of a weak revenue generation for Nigeria in the short term may have some implications, according to reports. This is coupled with the Federal Government’s recent projections of lower revenue for 2019 than budgeted...

NIRSAL Launches Model To Grow Farmers Revenue By N125bn

NIRSAL Launches Model To Grow Farmers Revenue By N125bn   The Nigerian Incentive-Based Risk-Sharing System for Agricultural Lending has formally unveiled a technologically-driven model for the agricultural sector aimed at boosting farmers’ revenue by at least N125bn. The initiative to be known as the Farm Aggregation Model...

Dangote: Our revenue’ll Hit $30bn By 2020

Dangote: Our revenue’ll Hit $30bn By 2020   The President, Dangote Group, Aliko Dangote, has said the revenue of his group of companies will hit $30bn by 2020, The Cable reported on Thursday. The multibillionaire, while speaking at the Africa Investment Forum in Johannesburg, South Africa, noted...