30 results
- 24 Jul 2014
FIRS Generates N1.45trn Revenue in Second Quarter
Federal Inland Revenue Service (FIRS) yesterday said it generated N1.45 trillion as revenue from tax in the second quarter of 2014. According to FIRS’ report on its operation during the period, which…
- 24 Jun 2014
E-PPAN Summit Raises Concerns over Public Sector Revenue Generation
Government decision makers and industry experts meeting at the “E-Payment for Government Summit ” are set to examine the global and regional developments on how governments are transforming…
- 1 Feb 2018
FIRS Generates N4.03Trillion Revenue
Mr Tunde Fowler, chairman, Federal Inland Revenue Service (FIRS), said the Service collected N4.03 trillion revenue in 2017. A statement by the Head, Communications and Servicom, FIRS, Mr Wahab…
- 30 Jan 2015
FIRS Generates N4.69trn Revenue in 2014
The Federal Inland Revenue Service (FIRS) said yesterday that it generated N4.69 trillion from taxes for the Federal Government in 2014. FIRS said in its Quarterly Revenue Report issued in Abuja that…
- 17 Oct 2022
NITDA, Google Partner to Train MSMEs on Business Improvement and Revenue Generation Skills Using Digital Technologies
The National Information Technology Development Agency (NITDA) in collaboration with Google Nigeria is announcing the launch of a Google Hustle Academy Bootcamp, 2022. The Bootcamp is aimed at…
- 22 Jun 2026
FG Engages Banks on RevOp, New Digital Platform for Revenue Generation
Federal government has engaged the banking community in Abuja to deepen understanding of the Revenue Optimisation Assurance Platform (RevOp), a digital platform designed to improve revenue…
- 16 May 2024
Tax Conference: Sanwo-Olu, Zulum, Amosun, Other Experts Seek Transparent Tax System to Boost Internally Generated Revenues
Lagos State Governor, Mr. Babajide Sanwo-Olu, and his counterparts from Sokoto and Borno States have emphasised the need to make the country’s tax system more transparent and accountable to Nigerians…
- 18 Feb 2022
Digital Economy to Generate more Revenue than Oil — NITDA DG
The National Information Technology Development Agency (NITDA) has said that Nigeria is realising its goal of a digital economy, where the country will generate more revenue from Information and…
- 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…
- 3 Jun 2026
DisCos Generate N597.6bn Revenue in Q1 2026 Amid Ongoing Power Supply Challenges
Electricity Distribution Companies (DisCos) in Nigeria generated a total of N597.55 billion in revenue during the first quarter of 2026 despite persistent power supply challenges and consumer…
- 16 Apr 2015
Okonjo-Iweala Advises GMB on Revenue Generation
Dr. Ngozi Okonjo-Iweala, minister of Finance and coordinating minister for the Economy, has urged the incoming administration of Muhammdu Buhari to take advantage of the rebasing of the economy which…
- 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 Feb 2018
NIPOST Bill Has Capacity To Generate Huge Revenue For Nigeria – Postmaster General
Mr Bisi Adegbuyi, Postmaster General, Nigeria Postal Service (NIPOST), has said that the NIPOST Bill would increase the nation’s revenue. Adegbuyi said when passed into a law, the bill currently…
- 8 Feb 2013
Reps Accuse NNPC, NCC, Others of Diverting N9 Trillion
A House of Representatives’ report has revealed that some revenue generating agencies have short-changed the Federal Government N8.8 trillion and the report listed the agencies to include; Nigerian…
- 13 May 2019
Report Says 17 Nigerian States Bankrupt
Economic Confidential on Sunday released its Annual States Viability Index (ASVI) report. It showed that 17 States are insolvent as their Internally Generated Revenues (IGR) in 2018 were far…
- 7 Sept 2021
Railway Corporation Generates N1.08bn from Passengers in Q2’21
Nigerian Railway Corporation generated N1.08 billion revenue from passengers in the second quarter of the year (Q2’21). This represents a 237 per cent year-on-year (YoY) rise in revenue when compared…
- 17 Mar 2025
KPMG Reveals Africa’s Gaming Industry Recorded $1Bn Revenue in 2024
Africa’s gaming industry generated $1 billion in revenue in 2024, according to the 2025 Africa Games Industry report, published by KPMG in collaboration with Maliyo Games, highlighting efforts to…
- 25 Feb 2022
NCC to Deploy Revenue Assurance Solution to Block Leakages
The Nigerian Communications Commission (NCC) says it will implement the Revenue Assurance Solution (RAS) to monitor revenue generated in a bid to block leaks in its Annual Operating Fee (AOL).…
- 18 Feb 2025
Lagos Lawmakers Commend LIRS on Historic N1 Trillion Revenue Milestone
Legislators in Lagos State have commended the Lagos State Internal Revenue Service (LIRS) for achieving an unprecedented milestone in revenue generation, surpassing ₦1 trillion. This landmark…
- 10 Jun 2025
FG May Forfeits $4m from World Bank Loan over Audit Flop
Federal government may lose $4 million from a World Bank loan after failing to get a pass mark on key audit standards in its revenue-generating agencies, such as the Federal Inland Revenue Service…
- 21 Jul 2022
Debt Servicing Surpassed Nigeria’s Revenue in Q1- Report
Debt servicing surpassed Nigeria’s generated revenue in the first quarter of this year, the Ministry of Finance revealed on Thursday. In the fiscal performance report released by the ministry, the…
- 22 Nov 2022
FIRS Embraces Digital Innovation to Strengthen Operations
The Federal Inland Revenue Service, FIRS, has said that it is deploying emerging technologies to improve taxpayer experience, strengthen the institution, and increase its revenue generation…
- 27 Mar 2013
Mobile Ads to Push Twitter Ad Revenue to $1Bn
Twitter will generate nearly $1 billion in ad revenue next year due to a surge in mobile advertising on its Web microblogging service, according to a report released yesterday. Mobile ads will…
- 13 Nov 2025
Senate Seeks Full Disclosure in Probes Stamp Duty Collections
Senate has requested the Central Bank of Nigeria (CBN) and the Federal Inland Revenue Services (FIRS) to provide detailed information on revenue generated from Stamp Duty payments. Sen. Aliyu Wadada,…
- 23 Mar 2009
Kwara Introduces e-Vehicle Registration
The Kwara State Government has introduced electronic vehicle registration in the State in order to improve revenue generation as part of response to global meltdown. Speaking at the event heralding…
- 1 Aug 2014
Lagos Generates N120Bn from Tax in Six Months
Lagos State Internal Revenue Service (LIRS) said it generated more than N120bn from taxation between January and June this year. Tunde Fowler, executive chairman of the service, said in Lagos that 90…
- 22 Oct 2021
Mobile App Revenue to Soar as Smartphone Adoption Escalates
With roughly 5.3 billion mobile phone users worldwide − or 57% of the world’s population − using smartphones, global mobile app-generated revenue is expected to increase by 55%, reaching $613 billion…
- 3 Oct 2013
Ogun Commends CBN Cashless Initiative
Ogun state government, has said that the cashless policy adopted by the state government has been yielding positive results as the internally generated revenue from higher institutions in the…
- 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…
- 12 May 2014
Competition May Force Microsoft to Unbundle Kinect, Xbox One
A new packaged video game and entertainment console forecast from International Data Corporation (IDC) concludes that competitive pressures will lead Microsoft to unbundle the Kinect sensor from its…