Tinubu: Servicing Debt With 90% Revenue Path To Destruction   President Bola Tinubu has said the country could not continue to service its debt with 90 percent of its revenue. He noted that the country was headed for destruction should that continue. Tinubu spoke during the Annual Conference...

Nigeria’s Cinemas Generate N482m Revenue In July - CEAN Chairman   The Cinema Exhibitors Association of Nigeria (CEAN) says it generated N482m as revenue across all cinemas in Nigeria in July. The CEAN National Chairman, Mr Opeyemi Ajayi , made this known in a recent interview in...

Small Businesses Earn Below N223,250 As Monthly Revenue – NBS   Many small businesses earn N223,250 in monthly revenue, a new study from the National Bureau of Statistics and the Financial Access Initiative research center of New York University has revealed. According to the study, Nigerian firms...

Apapa Customs Intercepts Pistols, Rakes In N502bn Revenue   The Apapa Command of Nigeria Customs Service (NCS) on Tuesday, said that it intercepted two pistols inside one groupage cargo and collected a total of N502.987 billion from January 2023 to July. The Command also said it made...

FG Recorded N13.33bn Revenue Loss From Gas Flaring Fines   The Federal Government recorded a revenue shortfall of N13.33bn from gas flaring penalties issued against oil and gas firms in January and February 2023. It was earlier reported that the Federal Government would impose $49m (N22bn) fine...

NPA Rakes In N191bn Revenue In Six Months   The Nigerian Ports Authority (NPA) has said 1,852 vessels completed operations in the first half of 2023. The authority said it generated N191.4bn as revenue within the period under review. It added that N55.7bn was remitted to the consolidated...