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DisCo loses N1.6bn revenue to energy theft

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The Jos Electricity Distribution Company (JEDC) says it lost the sum of N1.6 billion of its revenue to energy theft in the second quarter...

NRC generates N1.42bn revenue in Q1 2024

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The Nigerian Railway Corporation (NRC) has generated N1.42 billion as revenue from passengers in the first quarter (Q1) of 2024. The National Bureau of Statistics...

Oando’s revenue hits N3.4trn

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Oando Plc has posted a revenue of N3.4 trillion in its 2023 full-year-end unaudited financials. The figure represents an increase of 71 per cent when...

NASCON revenue hits N80.8bn as coy assures continuous growth

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NASCON Allied Industries Plc has announced that its turnover for the 2023 financial year increased by 37 per cent to N80.8 billion. NASCON noted that...

Nigeria’s cinemas generate N2.25bn revenue in Q1 2024

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Nigeria’s cinemas have generated revenue of N2.25 billion from tickets sold in the first quarter of 2024. FilmOne Entertainment, an independent film distribution and production...

Transcorp Power records N142bn revenue, N23.46bn dividend

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Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), has recorded gross earnings of N142.1 billion in 2023. Transcorp Power said its gross...

Sanwo-Olu, Zulum, others seek transparent tax system to boost revenue

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Lagos State Governor Babajide Sanwo-Olu and his counterparts from Sokoto and Borno States, Babagana Zulum and Ahmad Aliyu Sokoto, respectively, have emphasised the need...

Transcorp revenue hits N88.6bn in Q1 2024

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Transnational Corporation Plc (Transcorp) has recorded N88.6 billion revenue in the first quarter of 2024 which ended on March 31. The Group Company Secretary of...

Dangote Cement records N817.bn revenue, N112bn profit in 3 months

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Dangote Cement has recorded a revenue of N817.4 billion while the profit after tax inched up by 2.9 per cent to N112.7 billion. Earnings per...

Transcorp Power revenue hits N67.86bn in Q1 2024

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Transcorp Power Plc has declared revenue of N67.86 billion in the first quarter of 2024 which ended on March 31. The figure, when compared to...
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