…with the Nigerian Exchange Limited on Thursday. According to the telecom operator, data revenue rose to “₦1.699tn during the six-month period, up from ₦1.229tn recorded in the corresponding period of 2025, representing an increase of about 38.3 per cent.” The company said data remained its largest revenue stream, a…

Nigeria's three largest listed cement makers all reported higher revenue and profit in the first half of 2026HBM Nigeria recorded the fastest earnings growth, with net profit jumping 57% on the back of volume and efficiency gainsAll three companies are expanding production capacity simultaneously, signalling confidence…

…that higher international crude oil prices had generated an estimated N7.98tn oil revenue windfall for the Federal Government, arguing that increased earnings should ordinarily have reduced the country’s dependence on borrowing. “A government earning windfalls while borrowing recklessly is not suffering from lack of re…

…most capitalised industrial firm on the Nigerian Exchange Limited, has reported a group revenue of N2.514tn for the half-year ended 30 June 2026. According to unaudited financial statements submitted to the NGX on Wednesday, the figure represents a 21.35 per cent increase compared to the N2.072tn recorded in the corres…

…their heavy dependence on aeronautical charges by embracing a diversified commercial revenue model capable of transforming airport facilities into self-sustaining economic hubs. The call comes amid growing concerns that relying primarily on aeronautical service charges is insufficient to finance the infrastructure, saf…

…Command.” Miko added that the selection reflects PTML’s strategic importance in national revenue generation and trade facilitation. “The deployment forms part of the ongoing reform and modernisation agenda of the NCS under the leadership of Comptroller-General of Customs, Adewale Adeniyi, aimed at building a technology…

…cash transactions must be held accountable. He said the goal of the policy is to reduce revenue leakage and protect the sustainability of Lagos’ regulated public transport system. Meanwhile, Managing Director of Touch and Pay Technologies, Olamide Afolabi, said measures had been introduced to address complaints about i…

…July 6 and has focused on vessels transporting oil, grain and other cargo that generate revenue for Russia's war effort. Recent footage reportedly shows multiple vessels being hit during the campaign, with one sustaining damage, another catching fire, two abandoned and a fifth being towed away after an attack.Among the…

…around £48 million.The plan could increase commercial pressure on FIFA to generate more revenue, with suggestions that it could eventually lead to further expansion of the World Cup beyond 48 teams, more commercially driven host selections and even more frequent tournaments.FIFA's current World Cup cycle between 2022 a…

…states charge passing vessels for specific maritime services. Alternatively, collected revenues could be directed into a joint fund overseen with participation from the International Maritime Organization.Looking ahead, Trump is scheduled to host Israeli Prime Minister Benjamin Netanyahu at the White House. Outlining h…

…economic reforms were beginning to yield positive results through increased government revenue and investments in infrastructure, job creation and poverty reduction. Senator Dafinone thanked party leaders and stakeholders for their support and pledged to facilitate more employment and empowerment opportunities for yout…

…leadership committed to policy consistency, continuity and the expansion of gains in revenue generation and infrastructure development, rather than political rhetoric. Arodiogbu urged Nigerians to evaluate political actors based on governance records, verifiable facts and their ability to sustain economic progress. He…

…Africa's most regulated online gambling market in 2025Africa's total online gambling revenue hit $23 billion in 2025, but unlicensed platforms captured the vast majority of that figureGCI found that illegal gambling operators across Africa cost governments an estimated $3.55 billion in lost tax revenue in 2025Find it f…

…one that enacts budgets it has no intention of implementing, increases taxes and revenues while poverty deepens, and treats the ordinary Nigerian as nothing more than a beast of burden to be milked dry. Oyedele’s central argument, that the apparent explosion in Nigeria’s debt stock from N75 trillion to N159 trillion is…

…risks as persistent budget overlaps, chronic deficits, soaring public debt, weak revenue generation and heavy expenditure pressures threaten to undermine recent economic stabilisation gains The post Current fiscal status threat to reform gains — Experts appeared first on Tribune Online.

…IMF representative contributed significantly to discussions on fiscal reforms, domestic revenue mobilisation, public debt management, foreign exchange reforms and other key government priorities. The statement noted, “He added that his commitment to dialogue, mutual respect and practical problem-solving further strengt…

…suspects as it commenced a statewide crackdown on illegal roadblocks and unauthorised revenue collection along highways in compliance with the Federal Government’s directive to eliminate extortion and criminal activities on Nigerian roads. The suspects were apprehended at strategic locations, including the River Niger…

…both men to deliver on 2024 campaign promises around jobs, corruption, and oil and gas revenuesFind it fast with our new search feature at Legit.ng! Senegalese President Bassirou Diomaye Faye launched the Republican Patriots party on Saturday, formally ending his political alliance with Ousmane Sonko and triggering wha…

…fertiliser after natural gas was priced as an industrial input rather than solely as a revenue source. “The whole lesson is in one sentence: ‘When a country prices inputs as if it wants industry to live, industry lives,'” Bakrin said. To improve industrial competitiveness, he outlined four key targets. “Mr Bakrin attac…

…Company Limited (NNPCL) for its failure to clarify and account for ₦211 trillion in oil revenue recorded in its 2023 audited financial statements under the categories of “Sundry Receivables” and “Accrued Expenses.” According to reports, NNPCL listed over ₦211 […] The post SERAP asks Court to compel NNPCL to explain N21…

…commissioned Hajaj-ZOEC Digital Market in Kano is expected to generate about N50bn in revenue and create more than 100,000 direct and indirect jobs, the Chief Executive Officer of Hajaj ZOEC Real Estate Limited, Alhaji Jamilu Abdussalam, has said. The market, commissioned on Saturday at the former Luxurious Bus Park, a…

…statement carried by its official website. “This covers more than 60 percent of the oil revenues forecast in the year’s budget in the midst of the crisis,” it added. In late June, however, Iran’s parliament speaker and chief negotiator Mohammad Bagher Ghalibaf had said that Iran was unable to export any oil during the…

…a comprehensive schedule of VAT-exempt and zero-rated supplies, taking into account revenue implications, social impact, Nigeria’s treaty obligations and regional integration commitments.In addition, the committee is expected to prepare a practical VAT Modification Order that aligns with the provisions of the Nigeria T…

…considered before taking such decisions. Patronage may also have declined over time. If revenue is no longer sufficient, the institution may have to take difficult decisions to survive,” he said. Legal experts demand due process Speaking on the matter, a former Vice-President of the Nigerian Bar Association, Dr Monday…

…reaffirmed MAN’s support for tax reforms that modernise tax administration and improve revenue generation but opposed the retroactive application of the 2025 Nigeria Tax Laws, noting, “Our position remains unchanged. We support reforms that modernise tax administration, improve revenue mobilisation, and strengthen fisc…