Search Results for "revenue"
327 results found
Unilever Nigeria appoints Femi-Okunbanjo as Director

…Nigeria Limited, where she established control frameworks from the ground up, eliminated revenue leakages, digitised operations, and instilled financial discipline. She holds a bachelor's degree in Accounting from Lagos State University and an MBA specialising in Strategy from the Edinburgh Business School at Heriot-Wa…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 33 views
👨🏿‍🚀TechCabal Daily - Takealot finally delivers

…million adjusted operating loss to an $11 million profit in the year ended March 2026. Revenue rose 18% to $1 billion, while the value of goods sold on its platform (gross merchandise value) hit $2 billion. The irony: Takealot’s best result has come amid intensified e-commerce competition. Amazon, which expanded to Sou…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 34 views
DisCos earn N801bn despite persistent blackouts

…N196.68bn in February, N196.13bn in March and N203.61bn in April, bringing total revenue for the four-month period to N801.16bn. The collections came even as households and businesses endured months of unstable electricity supply caused largely by gas shortages that crippled power generation and forced widespread load…

Crime by nigerianewsfeed · 3 mons ago · 1 comment · 39 views
Paga turns to tokenised investments in latest infrastructure push

…real-world assets. The model could appeal to deposit-taking fintechs seeking new revenue sources beyond transaction fees, creating another way to monetise customer balances while allowing users to earn investment returns. While Paga’s core payments business operates under a Mobile Money Operator (MMO) licence, Oviosu t…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 32 views
Airtel Kenya appoints new managing director as rivalry with Safaricom intensifies

…of the challenge that remains in Kenya’s payments market. Airtel Kenya says it doubled revenue during Malhotra’s tenure and expanded its subscriber base from 16 million to more than 24 million customers. The operator does not disclose financial figures for its Kenyan unit. True scale demands moving beyond surface-level…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 35 views
Nigeria's fintechs built payments. Now they're becoming banks.

…BULLETPROOF MOBILE-FIRST CSS ========================================= */ #tc-revenue-armoured { all: unset !important; display: block !important; font-family: 'Open Sans', -apple-system, BlinkMacSystemFont, Roboto, sans-serif !important; background-color: #F6F6F6 !important; padding: 16px !important; border-radius: 12…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 32 views
Corporate Nigeria races to beat June 30 e-invoicing deadline as sanctions loom

Corporate Nigeria is on a 24-hour countdown as the National Revenue Service (NRS) prepares to enforce its mandatory electronic invoicing

Business by nigerianewsfeed · 3 mons ago · 0 comments · 36 views
Ohanaeze rejects Peter Obi's call for Tinubu's resignation

…billion, attributed to fiscal reforms, enhanced diaspora remittances, and improved oil revenue performance. “Ohanaeze Ndigbo Worldwide notes that such indicators, if sustained, may strengthen macroeconomic stability, support currency performance, and enhance investor confidence. “Ohanaeze recognizes relative improvemen…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 36 views
Oil Sector: Reps threatens sanctions over poor PIA implementation

…host communities to maximise the opportunities provided by the trust funds, as future revenues from oil might decline. Chairman of the House of Representatives Committee on Host Communities, Dumnamene Dekor, expressed worries over the slow pace of implementation, despite the funding of about 140 trusts across the Niger…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 30 views
Bayelsa spends N26.1bn for salaries in April, May

…(FAAC) inflow of N42.33 billion in April. The major contributors were derivation revenue of N27.27 billion, statutory allocation of N7.48 billion, Value Added Tax (VAT) of N6.33 billion and non-oil revenue of N1.24 billion. For May, the state recorded a gross FAAC inflow of N52.81 billion, comprising N34.41 billion fro…

Jobs/Vacancies by nigerianewsfeed · 3 mons ago · 0 comments · 41 views
PenCom moves to enroll transport workers into PPP

…of an automated daily pension contribution system linked to existing transport revenue collection platforms, and a mobility enhancement programme designed to facilitate access to modern mass-transit vehicles through structured financing arrangements. Akinsanya said the union's extensive nationwide structure presents a…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 29 views
Tinubu's support is helping us to do more for our people - Gov Mbah 

…these high value, high capital investments in your smart school drive if your internal revenue slows down? We imagine that the operating costs won't be as high because in the last two and a half years, we've been able to do more than 7000 classrooms, built as of today 267 smart learning schools and equipped them with a…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 33 views
ICPC tasks customs officers on integrity, transparency in revenue collection

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has charged officers of the Nigeria Customs Service (NCS) to uphold the highest standards of integrity and accountability in their operations. This is contained in a statement on Sunday in Abuja, by the ICPC Spokesperson, Mr Okor Odey. Odey …

Crime by nigerianewsfeed · 3 mons ago · 0 comments · 31 views
Oyedele, Wike meet to finetune taxation in FCT

…FCT.” The harmonisation, he said, would eliminate “multiple taxation while optimising revenue generation in line with the new tax reform law, to accelerate development across the Territory.” The Finance Minister noted that the meeting between him and Barr. Wike “centred on strengthening collaboration to advance the FCT…

Investment by nigerianewsfeedofficial · 3 mons ago · 0 comments · 47 views
Cult killing: Edo security squad arrests 14 suspects, demolishes parks

…criminality, stressing that the demolished parks were allegedly being used for illegal revenue collection despite a statewide ban. He warned that the Auchi Sector Commander of the Edo State Security Corps had been directed to produce the two fleeing suspects within 24 hours, insisting that anyone found aiding criminal…

Crime by nigerianewsfeedofficial · 3 mons ago · 0 comments · 40 views
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 · 40 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 · 36 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 · 30 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 · 34 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 · 33 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 · 37 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 · 48 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 · 34 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 · 40 views
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