Anambra eyes N160bn annual revenue from palm oil, coconut investments
By Onome Amuge The Anambra State government is expected to generate over N160 billion annually from palm oil and coconut
DisCos generate N454bn billing revenue in Q3,Q4 2022
By Business A.M. The eleven electricity distribution companies (DisCos) operating in Nigeria generated an estimated N454.3 billion as
Airtel sees 11.5% revenue growth to $5.26bn in ‘23
By Onome Amuge Airtel Africa has reported a revenue of $5.255 billion for the financial year ended March 31, 2023, representing 11.5
Wema Bank earns N6.1 billion revenue from electronic banking in 2022
By Olivia Nnorom Wema Bank recorded a boom in its electronic banking channels in 2022 as it generated N6.1 billion from digital
Union Bank delivers 19% revenue growth to N208.2 billion in 2022
By Cynthia Ezekwe Union Bank of Nigeria posted a revenue growth of N208.2 billion for the year ended December 31, 2022, as its gross
FAAC shares N714bn March revenue to federal, state, local govts
By Business A.M. The Federation Account Allocation Committee (FAAC) says it shared a total sum of N714.629 billion as March 2023
Nigeria grows VAT revenue 23% to N697bn in Q4 2022
By Cynthia Ezekwe Nigeria generated N697.38 billion as value-added tax (VAT) aggregate revenue in the fourth quarter (Q4) of 2022 as
Transcorp Hotels grows revenue 47% to N31.4bn in FY 2022
By Onome Amuge Transcorp Hotels Plc recorded N31.4 billion revenue in its financial results for full year 2022, reflecting a 47 per
Nestlé Nigeria grows revenue 27% in 2022
By Cynthia Ezekwe Nestlé Nigeria Plc posted a revenue growth of N446.8 billion in 2022, a 27.0 per cent growth against N351.8 in 2021
MTN Nigeria grows revenue to N2trn in 2022
By Cynthia Ezekwe MTN Nigeria, one of Africa’s largest providers of communications services, generated N2 trillion revenue in