Tag: Airlines, Covid-19, IATA, revenue
COVID-19: IATA projects US$23bn revenue loss by airlines
The International Air Transport Association (IATA), on Thursday, projected a potential revenue loss by airlines in Africa and the Middle East to have reached...
Reps to investigate CBN, others over $30bn revenue leakages
The House of Representatives is to investigate an alleged loss of over $30 billion annually as a result of revenue leakages arising from tax evasion,...
Coronavirus impairs shipping lines’ revenue by USD1.9bn
The impact of the of the coronavirus disease (COVID-19) on container shipping continues to grow, albeit at a slower pace. Copenhagen-based Sea Intelligence said...
Customs eyes N140.2bn revenue at Onne
The Customs Area Controller of Port Harcourt Area 11 Command, Onne, Aliyu Saidu, has said the command was given a revenue target of N140,202,000,000 for the year...
FIRS targets N8.5tr revenue in 2020
The Federal Inland Revenue Service (FIRS) says it is targeting N8.5 trillion revenue for the country in 2020. The Executive Chairman of FIRS, Muhammad Nami,...
Customs collects 1.3trn revenue, seizes N62bn contraband in 2019
The Nigeria Customs Service said it generated the sum of N1.341 trillion in 2019 even as it disclosed that 30,906 various contraband items with a duty paid value...
Customs collects N143bn revenue at PTML
The PTML Area Command of the Nigeria Customs Service said it collected N143.6 billion into the Federal Government coffers between January and November 2019,...
Customs revenue hits N1trillion in nine months
The Nigeria Custom Service (NCS) said it realised revenue of N1.002 trillion between January and September 2019. The revenue was generated from import duty, levy,...
NEITI: Nigeria earned N28.6trn revenue in 5 years
The Nigeria Extractive Industries Transparency Initiative (NEITI) said that N28.58 trillion was remitted to the Federation Account between 2012 and 2016, from mineral...
FG to review revenue sharing formula
The Federal Government has said it will set up a committee in the coming week to review the revenue sharing formula for Federal, States and Local Governments due to...
Apapa Customs collects N203.2bn revenue in 6 months
The Apapa Area Command of Nigeria Customs Service (NCS) has raked in over N203.2 billion revenue. This figure represents 54.5 percent of its 2019 revenue target. The...
NIMASA revenue dropped by N6bn in 2018 — Dakuku
The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, on Tuesday blamed high rate of crime for a N6 billion revenue...
