NEITI To Probe 190 Oil, Mining Companies’ Revenues About 198 extractive companies and government agencies have submitted information and data for the ongoing nationwide reconciliation and validation of revenues in the oil, gas, and mining industries by the Nigerian Extractive Industries Transparency Initiative. The Executive Secretary...

Afreximbank Revenue Now $1.47bn   The gross income of the pan-African multilateral financial institution, African Export-Import Bank, has risen to $1.47bn in the first half of 2024, compared to $1.12bn at the close of 2023. This was disclosed in a statement following the release of its consolidated...

FCT Generated Over N126.5bn Revenue in Six Months The Federal Capital Territory Internal Revenue Service, FCT-IRS, has said it generated over N126.5 billion in the first half of 2024, H1’24, a 53.5 percent increase over the N82.45 billion collected in the corresponding period of 2023. Speaking...

It is highly likely that the Federal Government could face a potential loss of N2.97tn and $36.33m if revenue-generating agencies in the country do not reconcile unremitted earnings collected. 

The Federal Ministry of Marine and Blue Economy has reported an increase in revenue for the first quarter of 2024, with N242 billion compared to N126 billion recorded in the same period in 2023, indicating an increase of 92 per cent. 

President Bola Tinubu on Tuesday launched the National Single Window initiative, a transformative project that will propel the nation's economy to new heights.