The Federation Account Allocation Committee (FAAC), has shared N1.659 trillion, being May 2025 revenue among the Federal Government, States and the Local Government Councils (LGCs). The revenue was shared at the June meeting of FAAC in Abuja on Wednesday. This is according to a communiqué issued at the[Read More…]
Dangote Group aims to strengthen naira with $30bn revenue target The President of Dangote Group, Aliko Dangote, has said that his businesses’ $30bn revenue target by the end of 2025 will boost the naira. Dangote said this on Sunday during a tour of Dangote Petroleum Refinery & Petrochemicals[Read More…]
International airlines eye $803bn revenue, 4.5 billion passengers The International Air Transport Association announced an expected strengthening of airline industry profitability in an upgrade of its outlook for 2023. According to the Director-General, IATA, Willie Walsh, airline industry net profits are expected to reach $9.8bn in 2023. This represents over[Read More…]
The Chairman of Board, Seplat Energy, Mr Basil Omiyi, said the company’s total revenue rose by 29.8 per cent to $951.8 million as at financial year ended Dec. 31, 2022. Omoyi said this during his address at the company’s 10th Annual General Meeting (AGM) held virtually on Wednesday with shareholders,[Read More…]
