30 results
- 15 Apr 2014
Customs Miss N322.1Bn Revenue Target in 1Q2014
Nigeria Customs Service (NCS) collected a mere N77.9 billion as against N400 billion, losing N322.1 billion, a huge drop in its first quarter revenue 2014. The revenue represented Customs…
- 1 Dec 2016
Dell EMC XtremIO Shatters Customer, Revenue Growth Records
Dell EMC said that the XtremIOAll-Flash Array (AFA) has surpassed another set of customer and revenue milestones, with EMC (now part of Dell EMC) further solidifying its position as the All-Flash…
- 16 Jan 2018
Customs Targets N1.5 trillion Revenue in 2018
The Nigeria Customs Service has set a revenue target of N1.5 trillion for 2018. Hammed Ali, Comptroller-General of Customs, , disclosed this at the first management meeting for 2018 held in Abuja. A…
- 9 Feb 2013
Firms Lose 20% Revenue To Poor Customer Experiences-Oracle
Oracle has announced the results of its “Global Insights on Succeeding in the Customer Experience Era” report, noting that brands could lose up to 20 per cent of their revenue following poor customer…
- 18 Dec 2025
Customs Slam 3 Percent Surcharge on Banks over Delayed Revenue Remittance
Nigeria Customs Service (NCS) has imposed a three per cent surcharge on Deposit Money Banks (DMBs) over delays in the remittance of Customs revenue by designated banks. The development was disclosed…
- 3 May 2017
Wema Bank Launches alat.ng, Targets 3m Customers & N200Bn Revenue by 2020
Wema Bank Plc, has geared up its innovative banking solutions with the launch of ‘ALAT’, the first fully Digital Bank in Nigeria. This announcement was made by Mr. Segun Oloketuyi, managing director,…
- 1 Jun 2009
Customs Generates N89 Billion Revenue in First Quarter
Nigeria Customs Service has generated N89.695 billion in the first quarter of this year which fall short by N76.98 billion of government targeted revenue of N166.67 billion for the same period. Dr.…
- 16 Apr 2026
Nigeria Customs Deploys AI to Cover Revenue Leaks
The Nigeria Customs Service (NCS) has rolled out an artificial intelligence (AI) driven capacity-building programme to improve revenue generation and reconciliation across its operations. The…
- 30 Mar 2012
Customs E-Clearance Structure Spurs Revenue Generation-Feteh
Customs automation and the use of Information and Communications Technologies in trade procedures have over the years attracted considerable attention in trade facilitation and revenue generation…
- 24 Jul 2025
Airtel Africa Grew Customer Base to 169m as Q1 Revenue Hits $1.4 Billion
Airtel Africa has grown its customer base by 9.0% to 169.4 million, with data customers increasing 17.4% to 75.6 million with focus on bridging the digital divide across her markets continues.…
- 30 Apr 2014
Customs to Seize Bank Bonds, Publish Names of Revenue Defaulters
The Nigeria Customs Service (NCS) has said threaten that it will henceforth publish the list of beneficiaries of duty payment concessions who default in honouring their obligations. Dikko Inde…
- 6 Jun 2013
NCS Partners Heritage Bank for Improved Revenue Drive
The Nigerian Customs Service (NCS) has appointed Heritage Bank as a designated Customs Duty Collecting Bank in a move designed to further strengthen the Services’ renewed drive for improved revenue…
- 22 Dec 2017
NCS Hits N1trn Highest Revenue Collection Ever
The Nigeria Customs Service (NCS) has recorded its highest revenue collection ever of over N1 trillion as against N770 billion target set for 2017. The Service Public Relations Officer, Mr Joseph…
- 17 Mar 2012
SNFFIEC Utters Discontent with Customs Benchmark
The self imposed revenue target for year 2012 by the Nigeria Customs Service running in trillions of naira has continued to pitch it against stakeholders in the sector. Nigeria CommunicationsWeek…
- 26 Sept 2024
How Delayed Payments Notifications Hurt Your Business
What’s a surefire way of frustrating your customers, hindering business efficiency and losing massive revenue? Delayed payment notifications. With technological advancement, customers expect…
- 1 Sept 2017
IFRS 15: The New Revenue Framework: What Corporates Need To Know
The financial reporting landscape will witness significant changes in 2018 as the two major standards on Revenue and Financial instruments (IFRS 15 Revenue from contracts with customers and IFRS 9…
- 30 Sept 2013
MEA Security Appliance Market Records Growth in 2Q 2013
International Data Corporation (IDC) in its EMEA Quarterly Security Appliance Tracker has revealed that customer revenues were up 13.8% on Q2 2012 to total $83.52 million, while shipments increased…
- 11 Sept 2018
FIRS, Customs Distance Selves from MTN Issue
Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service (NCS) have indicated that they would rather not get involved in the Federal Government’s current battle with MTN Nigeria. …
- 5 Jun 2024
Wix Payment Integration as Revenue Booster for Online Businesses
As online transactions increase year-on-year, the need for businesses to retain customers, reduce cart abandonment and grow their revenue becomes paramount. One solution for businesses looking to…
- 30 Jan 2025
Airtel Africa Records 7.9% Subscriber Growth, $3.6B Revenue in Nine-month Results
Airtel Africa reports strong revenue and customer growth, bolstered by data, mobile money, and network investments despite currency fluctuations. Airtel Africa plc has announced its results for the…
- 11 Apr 2015
Digital Marketing Now Become Critical to Businesses- Asehinde
Digital Marketing is a system that businesses cannot ignore any more, said Mr. Tobi Asehinde, Tobi Asehinde, founder of Vibe Web Solutions Limited. Asehinde told Nigeria CommunicationsWeek that…
- 9 May 2024
Airtel Africa Records Loss as Revenue Falls on Naira Devaluation
Airtel Africa Plc released its full-year financial statement for the year ending March 31, 2024. The company posted a loss after tax of $89 million during the fiscal year, a significant decline from…
- 19 Oct 2021
FG Plans Aggressive VAT, Other Tax Regime
Amidst on-going controversy over its rights to collection of Value Added Tax, VAT, across the country, the Federal Government is set to implement an aggressive VAT revenue drive which it expects to…
- 24 Jun 2019
Our Involvement in Tax Monitoring, Verification by RMAFC
Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has said that the on-going monitoring and verification exercise on tax collections by Deposit Money Banks appointed by FIRS and Customs…
- 21 Oct 2024
To realise the promise of AI in Africa, we need to make AI work for workers
By Zuko Mdwaba, Just as generative AI continues to open opportunities for businesses in Africa to change customer experiences and increase revenue, the benefits for workforce strategies and employees…
- 5 Mar 2012
Customs, Agents in Crossroad over N1 Trillion Targets
With the urge to meet the 2012 self imposed revenue target of N1 trillion, the Nigeria Customs Service (NCS) may have found itself at crossroads with the licensed customs agents who are critical of…
- 24 Apr 2014
Why Confab Committee Summoned Customs, NPA, Others
The Public Finance and Revenue Committee at the ongoing National Conference on Tuesday summoned some top government functionaries associated with port operations in Nigeria to give explanations on…
- 3 May 2021
MTN Nigeria Reports N385Bn Revenue for Q1 2021
MTN Nigeria Communications Plc (MTN Nigeria) has announced its unaudited results for the quarter ended 31 March 2021, showing service revenue up by 17.2 per cent to N385.2 billion. Karl Toriola,…
- 14 Dec 2022
Clickatell Predicts Mobile Messaging to be the Next Big Channel for Digital Commerce in 2023
Clickatell, a Chat Commerce and business messaging leader, conducted research on customer service trends and preferences for travel and retail and identified that brands that personalize both their…
- 27 Jul 2019
MTN Nigeria releases unaudited results, posts 566.95bn revenue in six months
MTN Nigeria Communications Plc has released its unaudited result for the six months ended June 30 and announced an interim dividend of N2.95 per share to its shareholders. The company disclosed this…