…airline seeks to reduce its Cost per Available Seat Kilometre (CASK) while improving Revenue per Available Seat Kilometre (RASK). However, those objectives can only be achieved when aircraft capacity aligns with passenger demand. Deploying oversized aircraft on thin routes often leads to high fuel burn, excessive maint…

Guinness Nigeria PLC has reported a top-line revenue growth of 11.8 per cent to N265.04bn for the six months ended 30 June 2026, up from N237.00bn recorded in the corresponding period of 2025. The performance was detailed in the company’s unaudited condensed financial statements submitted to the Nigerian Exchange Group…

…be accountable to their host communities and partner with the government to eliminate revenue leakages”. “We are making it mandatory for all Community Development Agreements to incorporate pit reclamation. There have been cases where people and even vehicles unknowingly fell into abandoned mining pits. Human lives are…

…towards a digital tax administration system driven by electronic invoicing, the Nigeria Revenue Service has said. The e-invoicing framework, which is being introduced through a phased rollout, is designed to improve transaction visibility, reduce revenue leakages and strengthen compliance by enabling tax authorities to…

…Army said the operation dealt another blow to Boko Haram/ISWAP's logistics and illicit revenue networks, stressing that intelligence-led offensives would continue to deny terrorist groups freedom of movement and access to funding. Operation HADIN KAI reaffirmed its commitment to sustaining pressure on terrorist element…

…cross-referenced against each idol's verified income streams — music royalties, concert revenue, brand endorsements, real estate, and company equity. Net worth figures for K-pop artists are not publicly disclosed and should be treated as estimates; where sources varied, we used a credible mid-range figure. Rankings ref…

…increase funding to the hospital or allow it to utilise more of its internally generated revenue to meet operational needs. The resident doctors also appealed to the Coordinating Minister of Health and Social Welfare, Prof Muhammad Pate, and other relevant authorities to intervene urgently to avert a prolonged disrupti…

…debt and strict financial rules requiring him to balance government spending against tax revenue. Starmer led Labour to a landslide election victory in July 2024 after 14 years of Conservative rule, but his premiership became characterised by a string of scandals, missteps and policy U-turns. Burnham, the ex-mayor of G…

…Executive Secretary of the National Lottery Trust Fund (NLTF), has now been moved to the Revenue Mobilisation and Fiscal Commission as Secretary. President Tinubu also appointed Dr Abuh Mohammed as Director-General of the National Population Commission, Dr Akinola Odeyemi as Managing Director of the Nigerian Bulk Elect…

This woman has used submission and silence to change me - Akwa Ibom Revenue Board director says as he praises his wife Executive Director of the Akwa Ibom State Internal Revenue Service (AKIRS) Leo Umana, has praised his wife, saying she used submission and silence to change him. "This woman has used submission and sil…

…saying the Nigerian Airspace Management Agency, NAMA, required a larger share of the revenue to upgrade air navigation infrastructure. This development comes as the NCAA expressed fears over the issue and warned that any reduction in its statutory allocation could weaken aviation safety oversight and regulatory effecti…

…we must ask the serious question of whether conducting exams is a national service or a revenue generating business. The issue, therefore, is larger than the fee increase itself, regardless of any merits for it. I did not know that WAEC already costs as much as N27,500 per candidate, and now I think even that amount is…

…The three pillars she established on her first day — production optimisation and revenue growth, regulatory predictability and speed, and safe, well-governed, sustainable operations — have continued to guide the commission’s actions over the past six months. The CCE-Operators Leadership Forum, announced on her first da…

…the Sugar Backward Integration Programme. Bakrin made the disclosure during the 2026 revenue monitoring exercise organised by the House of Representatives Committee on Finance, chaired by Hon. Abiodun James Faleke. The lawmakers expressed dissatisfaction with what they described as the NSDC management’s lackadaisical a…

…a related story, Legit.ng reported that Nigerian discos had generated N801 billion in revenue in four months despite the worsening power supply crisis in the country.TCN announces power outage in 6 statesMeanwhile, Legit.ng previously reported that TCN had announced power outage in six Nigerian states for two days.The…

…in the area said this was the height of the illicit trade that causes government to lose revenue and discourages local production of rice. The disruption got to a head on Friday when the smugglers blocked Goro section of Atan-Ota on the highway for about six hours. While the disruption lasted, children heading to schoo…

…Approved Budget Analysis 2026, the organisation said the approved budget projects revenue of N36.87tn against total expenditure of N68.32tn, left a financing gap of N31.45tn, equivalent to 6.41 per cent of the country’s Gross Domestic Product. According to the report obtained by Sunday PUNCH, the projected deficit is m…

…of the world have intervened in a period like this, and for us to have additional revenue due to the hike, or the rise, in crude oil prices, being that our budget benchmark was lower, I think part of it is supposed to be ploughed back into making sure that the price at the pump is reduced. Despite increased domestic re…

…laundering, terrorism financing, cybersecurity and data privacy threats, fraud, and revenue losses. “Too often, unregistered and fraudulent operators have exploited these gaps to prey on unsuspecting Nigerians, costing families their savings,” the statement read. To address this, the Presidency said the order establish…

…move is aimed at addressing criticism of the reform programme suggesting that gains in revenue, foreign exchange liquidity and investor confidence have yet to translate into meaningful relief for households facing high food, transport and living costs. Speaking at a ‘ conference organised by BusinessDay newspaper, in L…

…“improving productivity through industrialisation and value addition; optimising public revenue through tax reforms and simplified compliance; and promoting inclusion through investments in education, vocational training, women, youths, persons living with disabilities, and small businesses.” Oyedele disclosed that the…

…office has verified. A new OHCHR report described gum arabic and gold sales as “a major revenue source” for the Sudanese Armed Forces (SAF) and paramilitary Rapid Support Forces (RSF). The authors decry how the wealth of the embattled nation has become a tool to undermine human rights and exacerbate conflict, causing p…

…for issuing a divorce certificate on June 26, 2026, bypassed the Kwara State Internal Revenue Service payment process and appended his signature to the certificate without the authority to do so. It added that although Philips admitted some of the allegations during his appearance before the investigative committee on…

…the huge funds that passed through the companies operated by her were not disclosed as revenue of the companies in their financial statements filed at the Federal Inland Revenue Services (FIRS).'The EFCC said the forfeited assets were recovered during executed searches at her residence.''While being interrogated, she w…

…further sanctioned two state-owned Sudanese mining companies accused of generating gold revenues for the Sudanese Armed Forces. A third state-owned company, Ariab Mining Company, was also designated over allegations that it was "channelling revenue from conflict gold to both the SAF and RSF."Announcing the measures, Br…