Revenue Archives

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States’ IGR Rises 34% to N2.43tn Despite Economic Hardship

Alake UriAugust 26, 2026August 26, 2026

by Alake UriAugust 26, 2026August 26, 2026016

The Internally Generated Revenue (IGR) of Nigerian states increased by 34 per cent to N2.43 trillion in the first half of 2026, compared with N1.815...

Business News

FAAC: FG, States and LGs Share N3.007 Trillion in July Revenue

Alake UriAugust 19, 2026August 19, 2026

by Alake UriAugust 19, 2026August 19, 2026018

The Federal Government, states and local governments have shared N3.007 trillion in revenue for July 2026. The allocation was approved at the Federation Account Allocation...

Business News

Abia Govt: Tax automation not increase in taxes

Alake UriAugust 18, 2026August 18, 2026

by Alake UriAugust 18, 2026August 18, 2026017

The Abia State Government has clarified that its ongoing tax administration reforms are not intended to increase taxes but to make revenue collection more transparent,...

Business News

NGX Group declares N1.30 interim dividend as half-year profit rises 146%

Alake UriAugust 6, 2026August 6, 2026

by Alake UriAugust 6, 2026August 6, 2026019

The Nigerian Exchange (NGX) Group Plc has announced an interim dividend of N1.30 per ordinary share for the six months ended June 30, 2026, following...

Business News

Oando Records N2.1 Trillion Revenue on Stronger First-Half Production

Alake UriAugust 5, 2026August 5, 2026

by Alake UriAugust 5, 2026August 5, 2026025

Oando Plc reported a strong improvement in its first-half 2026 performance, with higher oil and gas production and better operating efficiency driving revenue and profit...

News

FG exceeded 2024 borrowing target by N4.79tn as revenue fell short, says Budget Office

Alake UriJuly 29, 2026July 29, 2026

by Alake UriJuly 29, 2026July 29, 2026022

The Federal Government borrowed N12.62 trillion in 2024, exceeding the approved borrowing target of N7.83 trillion by N4.79 trillion, according to the latest Fourth Quarter...

News

Senate clears Customs’ N1.3tn spending, N11tn revenue plan

Alake UriJuly 9, 2026July 9, 2026

by Alake UriJuly 9, 2026July 9, 2026024

The Senate has approved the 2026 budget proposal of the Nigerian Customs Service (NCS), endorsing a revenue target of N11.074 trillion and an expenditure estimate...

News

NNPC revenue falls by N636bn despite stable oil production

Alake UriJuly 2, 2026July 2, 2026

by Alake UriJuly 2, 2026July 2, 2026028

The Nigerian National Petroleum Company Limited (NNPC) recorded a decline in revenue in May 2026, despite maintaining relatively stable crude oil and natural gas production....

News

DisCos earn N801bn despite persistent blackouts

Alake UriJuly 1, 2026July 1, 2026

by Alake UriJuly 1, 2026July 1, 2026034

Electricity distribution companies collected a total of N801.16bn from electricity consumers between January and April 2026 despite persistent power outages and supply constraints across the...

News

Tax reforms must protect taxpayers – RMAFC

Alake UriJune 11, 2026June 11, 2026

by Alake UriJune 11, 2026June 11, 2026040

The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, Dr Mohammed Shehu, has said ongoing tax and revenue reforms must protect taxpayers while ensuring...

Tag : Revenue

States’ IGR Rises 34% to N2.43tn Despite Economic Hardship

Abia Govt: Tax automation not increase in taxes

NGX Group declares N1.30 interim dividend as half-year profit rises 146%

Oando Records N2.1 Trillion Revenue on Stronger First-Half Production

FG exceeded 2024 borrowing target by N4.79tn as revenue fell short, says Budget Office

Senate clears Customs’ N1.3tn spending, N11tn revenue plan

NNPC revenue falls by N636bn despite stable oil production

DisCos earn N801bn despite persistent blackouts

Tax reforms must protect taxpayers – RMAFC

WASSCE verification fee fixed at N4,000, payable once — JAMB, WAEC

NLC opposes petrol price increase, calls for more crude supply to Dangote Refinery

INEC rejects NDC claims of altering candidate list

Kolo Magazine launches Nigerian edition, targets business and creative economy

2027 Campaigns: Police, Peace Committee step up efforts to prevent political tension

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WASSCE verification fee fixed at N4,000, payable once — JAMB, WAEC

NLC opposes petrol price increase, calls for more crude supply to Dangote Refinery

INEC rejects NDC claims of altering candidate list

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WASSCE verification fee fixed at N4,000, payable once — JAMB, WAEC

NLC opposes petrol price increase, calls for more crude supply to Dangote Refinery

INEC rejects NDC claims of altering candidate list

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WASSCE verification fee fixed at N4,000, payable once — JAMB, WAEC

NLC opposes petrol price increase, calls for more crude supply to Dangote Refinery

INEC rejects NDC claims of altering candidate list

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