Search Results for "Revenue"
312 results found
TechCrunch Mobility: A new robotaxi scorecard shows China's dominance

…public exchanges, and other data. The system weighs the company's operations, scale, revenue, commercial partnerships, manufacturing, and safety record based on that data and provides an update every 12 hours. There are four indices that rank robotaxis, autonomous driving licensing companies, autonomous trucks, and del…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 38 views
Reps threaten sanctions over poor PIA implementation

…implementation is crucial as Nigeria gradually transitions away from oil-dependent revenues. Meanwhile, the Chairman of the House of Representatives Committee on Host Communities, Hon. Dumnamene Dekor, expressed concern over what he described as the slow pace of implementation despite funding of about 140 trusts across…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 35 views
North-Eastern govts inaugurate electric tricycles in Adamawa

…only provide jobs for the teeming youths but will also improve the internally generated revenue of the area and the state at large. The first-class monarch commended the initiatives of P-GAT Industries Limited, which, through its Affordable Transport Solutions scheme (ATRas), deployed 300 electric tricycles for commerc…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 28 views
SAHCO targets UAE expansion after posting N12 billion pre-tax profit

…is aimed at strengthening our regional and international footprint, diversifying revenue streams, and leveraging opportunities in the growing aviation industry," he said. The chairman noted that SAHCO's ambition is to build on its dominant domestic position and extend its operational capabilities beyond Nigeria's borde…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 32 views
Katsina govt to end raw livestock exports, focus on meat processing

…of modern abattoirs and meat processing facilities will create jobs, increase revenue generation, and stimulate growth across several related industries," the minister said. He also advocated the transformation of the Mai'adua International Livestock Market which borders Niger Republic into a modern and digitally drive…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 36 views
Nigerians, other foreigners hit by 400% Japan visa fee increase

…of funding needs for immigration administration and related services. Officials said revenue generated from the higher fees would be used to strengthen immigration management systems, support Japanese language education programmes and tackle visa overstays and other compliance challenges. Japan is also considering rais…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 30 views
Nigerians, other foreign nationals to pay more as Japan hikes visa fees

…House in April. Japanese authorities said the move is aimed at generating additional revenue to cover the administrative costs associated with the country's growing foreign population. Before the revision, the maximum fee for changing residency status or extending a stay was ¥10,000, while permanent residency applicati…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 36 views
Aftermath presidential primaries: As the season of election promises beckons...

…and some documented outcomes, but Nigeria's food import bill and its broader oil revenue dependence remained structural features of the economy when he left office in 2023. In 2023, all three major candidates included agricultural development and economic diversification in their manifestos. Tinubu, in office, has poin…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 46 views
Being a traditionalist has affected how people see me - Alhassan Aisha

…always show uncertainty because people depend on your confidence. Many people celebrate revenue numbers but do not see cash flow challenges. A business can make millions in sales and still struggle because customers owe money. The pressure is real because your identity can become connected to your business. When things…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 33 views
Passenger, cargo traffic boost SAHCO revenue

By Dickson Omobola Skyway Aviation Handling Company, SAHCO PLC, has recorded a revenue of N44.459,365 billion for the year ended December 31, 2025, reflecting growth driven by increased passenger and cargo handling activities, improved operational efficiency, and continued investments in modern Ground Support Equipment…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 37 views
FG's 36,000 AI training plan too small for Nigeria - Abel Aboh

…in artificial intelligence should be assessed based on their ability to generate revenue, reduce costs or minimise risks. "We need a national GPT strategy, a General Purpose Technology strategy. The world has moved on. Nigeria is not just some country. It is the biggest black nation in the world. One in five black peop…

Entertainment by nigerianewsfeedofficial · 3 mons ago · 0 comments · 28 views
Japan raises visa fees by 400%, first hike in 48 years

…administration and related services. Japanese officials noted that the additional revenue generated from the higher fees will support immigration management systems, Japanese language education programmes, and measures aimed at addressing visa overstays and other compliance issues. More insight Beyond visa applications…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 28 views
Kidnapped Schoolchildren: Rage over terrorists' toxic demand

…ones in kidnappers' den. Terrorists raked in billions as this became a source of huge revenue to finance their nefarious activities. But this was not without its controversy as critics said it only encouraged more kidnappings and there was even a move in the National Assembly to impose punishment on families who paid r…

Crime by nigerianewsfeedofficial · 3 mons ago · 0 comments · 39 views
The People's Republic: How they came

…within its juris- diction. These imposts were levied with the stated object of raising revenue for civil and military administration, but they were not in- 10 THE PEOPLE'S REPUBLIC HOW THEY CAME II frequently used as a monopoly weapon by means of which rival firms were completely excluded from buying and selling in the…

Entertainment by nigerianewsfeedofficial · 3 mons ago · 0 comments · 38 views
Interrogating Tinubu's Democracy Day 2026 address...

…transmitted less than it generated, distributed less than it transmitted and collected revenue far below what it needed to sustain itself." Whaaoh! He continued: "To address the problems besetting the sector, I signed the Electricity Act, which grants states authority to generate, transmit, and distribute power. The Pr…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 37 views
IMG strengthens balance sheet, equity grows 100%As shareholders get N365.5m dividend

…strategic and financial management. For the year ended December 31, 2025, IMG recorded revenue of N8.45 billion, up slightly from N8.38 billion in the previous year. Profit After Tax stood at N990 million, compared with N1.62 billion in 2024, as economic headwinds weighed on earnings. Nevertheless, the company continue…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 30 views
Aradel reports N835 billion pre-tax profit in 2025, announces N23 final dividend

"a defining year," adding that Aradel delivered "record revenue and profitability" while executing its most transformational expansion. He also noted that the full earnings contribution from NDW and Renaissance will be reflected from 2026 onwards. Driving the numbers Aradel's revenue growth was supported by all three o…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 29 views
Rivers govt assures support as RMAFC begins fiscal data verification exercise

The Rivers State Government has assured the Revenue Mobilisation, Allocation and Fiscal Commission, RMAFC, of its full support as the Commission commences a national data verification exercise in the state. Governor Siminalayi Fubara gave the assurance on Friday night while hosting an RMAFC delegation at Government Hou…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 24 views
NDPC to review Data Protection Act to address AI, robotics, big data

…Nigeria's digital governance framework, despite the agency's primary mandate not being revenue generation.

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 20 views
Group drags Ogun guber aspirant to ICPC over alleged N2bn fraud

…office remains clear and verifiable. Under my leadership, OGWAMA's Internally Generated Revenue (IGR) grew from approximately ₦600 million to ₦2.8 billion through revenue diversion blockage, reforms, innovation, and improved efficiency. "The fact that these allegations are being publicly circulated through press before…

Crime by nigerianewsfeedofficial · 3 mons ago · 0 comments · 19 views
Tinubu extends Customs CG, Adewale Adeiniyi's tenure again by six months

…in trade into a unified digital platform, reducing cargo clearance delays, improving revenue collection and enhancing Nigeria's ease of doing business. What you should know Adeniyi is one of the most experienced officers in the history of the Nigeria Customs Service, having spent more than three decades within the orga…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 22 views
Why Nigerian banking stocks are in blood bath

…once new shares are issued. HoldCos traditionally increases value through intra-group revenue streams and charging fees for support, tech, and legal services across their banking franchises. CBN's new draft tightens restrictions on inter-group transactions and closes loopholes around shared services to prevent liquidit…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 19 views
Every fusion startup that has raised over $100M

…who has expertise in the fission industry. Zap claims the move will help it bring in revenue earlier than fusion alone. The Everett, Washington-based company has raised $327 million, according to PitchBook. Backers include Bill Gates' Breakthrough Energy Ventures, DCVC, Lowercarbon, Energy Impact Partners, Chevron Tech…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 36 views
Benue probe uncovers N139.8bn missing funds, recommends recovery

…the period under review. "Records showed that the state generated over N826.5 billion in revenue, while expenditure stood at about N683.4 billion, leaving an unaccounted balance of approximately N139.8 billion," he said. Justice Idrisu explained that the commission, inaugurated in June 2025, was tasked with examining t…

Entertainment by nigerianewsfeedofficial · 3 mons ago · 0 comments · 20 views
Why M-KOPA is using smartphone repayments to expand digital lending

…value-added services over time," Kutadzaushe said. "An increasing proportion of our revenue on a month-by-month basis is coming from our digital financial services and not necessarily through acquisition." Nigeria, which became M-KOPA’s fastest market to reach one million customers, has emerged as one of its strongest…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 21 views
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