Revenue

The Lagos State Government has recovered  over N1.2 billion from excess bank charges. The State Commissioner for Finance, Dr. Rabiu Olowo, disclosed this during the ongoing inter-ministerial briefing organized to commemorate the second-year…

The 36 states and the Federal Capital Territory (FCT) generated N1.31 trillion as Internally Generated Revenue (IGR) in 2020 compared to N1.33 trillion recorded in 2019, the National Bureau of Statistics (NBS) says. NBS made this known…

African banks need to improve operating efficiencies and mitigate other risks quickly to avoid a revenue slump of as much as $48 billion over the next three years, says McKinsey & Company, a global management consulting firm that serves…