ASUU rejects FG's claim on education funding shortage
ASUU's Bauchi zone refutes Federal Government's paucity of funds claim, revealing 70% revenue increase. Union demands urgent action to avert university crises. Read full details.
Category : Search result: mining sector revenue
FIRS Boss Urges Revenue Diversification for Nigeria
FIRS Chairman Dr. Zacch Adedeji declares revenue diversification a national imperative, calling for broad-based, tech-enabled tax system. Read his vision for economic resilience.
BHP liable for Brazil mine disaster: UK court
British court rules BHP responsible for 2015 Brazil dam collapse that killed 19, unleashed toxic mud. Mining giant faces potential £36 billion compensation claim. Full details on the landmark environmental case.
Senate Orders NNPCL to Refund N210 Trillion
Nigerian Senate demands NNPCL refund N210 trillion in unaccounted funds after CEO snubs hearing. Auditor-General's report reveals massive financial discrepancies from 2017-2023 operations.
Mining Marshals Boost Capacity to Crush Illegal Mining
Minister Alake reveals plans to enhance Mining Marshals' logistics to combat illegal mining nationwide, reclaim 90 sites, and boost revenue to N26bn. Read more.
Guinea launches massive Simandou iron ore mine
Guinea officially launches production at Simandou, one of the world's largest iron ore mines. The $20 billion project promises economic transformation and thousands of jobs for the West African nation.
Nollywood's Money Secrets: How Films Really Profit
Discover the surprising business models and revenue streams that power Africa's largest film industry beyond just cinema tickets and streaming deals.
FG to Sell Nigeria's Dormant Refineries After Years of Losses
The Federal Government announces historic decision to sell Nigeria's dormant refineries, marking a major shift in the nation's energy sector after decades of operational failures and financial losses.
Nigeria Lost $300B to Oil Theft - Senate Probe
Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.
Benue Discovers Gold & Aluminum Deposits in Kwande
Benue State confirms discovery of substantial gold and aluminum deposits in Kwande's riverine regions, promising economic transformation and industrial growth for Nigeria.
FG Plans Refinery Sale to Boost Competition
The Federal Government is considering selling the country's struggling refineries to private investors as part of a comprehensive strategy to revitalize Nigeria's oil and gas sector, increase competition, and achieve energy self-sufficiency.
FG Appoints Nwabueze as Nigeria's Tax Ombudsman
Federal Government appoints Dr. Nwabueze as Tax Ombudsman to resolve taxpayer grievances and improve tax administration in Nigeria.
Transcorp Records 39% Revenue Growth in Nine Months
Transnational Corporation of Nigeria (Transcorp) has announced impressive financial results, recording a massive 39% revenue growth to N123 billion in the first nine months of 2023, signaling strong recovery and strategic success.
Tinubu appoints new FIRS chairman for tax reform
President Bola Tinubu appoints Dr. Oluwatoyin Madein as new FIRS chairman in major tax administration overhaul to boost revenue generation.
Spotify Hits 713M Users, Revenue Reaches €4.3B
Music streaming giant Spotify continues its impressive growth streak, adding 10 million premium subscribers and reaching new revenue milestones despite market challenges.
Apapa Customs Hits ₦304bn Revenue Record in October
Nigeria Customs Service, Apapa Command achieves historic revenue milestone, collecting over ₦304 billion in October 2023 - the highest monthly collection in its history.
California's New Gold Rush: Soaring Prices Spark Frenzy
As gold prices hit unprecedented heights, a new generation of fortune seekers is flooding California's historic mining regions, creating a modern-day gold rush phenomenon.
FG Pays ₦12B Health Workers Arrears in 72 Hours
Federal Government commits to settling ₦11.995 billion in withheld salaries for doctors and healthcare professionals, promising payment within three days to resolve lingering industrial disputes.
SROL Champions Community Impact at Nigerian Mining Week
Strategic Resources Orthopaedics Limited (SROL) made waves at Nigerian Mining Week 2025, unveiling groundbreaking initiatives that promise to transform mining communities through sustainable development and local empowerment.
Petrol May Hit ₦1,163/Litre in New FG Plan
Nigerians brace for tougher times as the Federal Government's new petrol tariff could push pump prices to unprecedented levels while aiming to generate massive revenue.
Segilola Resources Wins Second CIPM HR Award
Segilola Resources Operating Limited continues to set new standards in human resource management, securing its second consecutive CIPM award while transforming Nigeria's mining sector through exceptional workforce development.
G7 Moves to Counter China's Critical Minerals Dominance
World's wealthiest economies unite to counter China's dominance in essential minerals powering electric vehicles and clean energy technologies. Discover how this global shift could create new opportunities for Nigeria's mining sector.
Nigeria loses N6tr yearly to opaque oil deals - NEITI
Shocking revelations emerge as transparency watchdogs warn Nigeria is bleeding trillions through opaque oil incentives and questionable subsidy payments that lack proper documentation.
Alphabet Hits $100B Quarter as AI Fuels Record Growth
Alphabet Inc., Google's parent company, has achieved a historic milestone by generating over $100 billion in quarterly revenue for the first time, driven by massive AI integration across its services.
Gold for Guns: How Mining Funds Terror in Northwest
Exclusive investigation reveals how bandits trade stolen gold for sophisticated weapons, creating a dangerous cycle of violence and terror across Nigeria's northwestern states.
FIRS Deepens Stakeholder Collaboration on Tax Reforms
Federal Inland Revenue Service intensifies collaboration with key stakeholders to drive comprehensive tax reforms, enhance revenue generation and boost economic development across Nigeria.
Airtel Africa Profit Soars to $376M on Data Surge
Airtel Africa reports impressive 11% subscriber growth and $376 million profit, driven by massive data consumption increases across its African markets.
NB Hits ₦1.04 Trillion Revenue in 9 Months
Nigerian Breweries Plc achieves unprecedented financial performance with ₦1.04 trillion revenue in nine months, showcasing remarkable growth despite economic challenges.
21 Nigerian States Rely on FAAC for 70%+ Revenue
New fiscal data reveals alarming dependency on FAAC allocations across 21 Nigerian states, raising concerns about economic sustainability and governance.
PSG posts record €871M turnover in Champions League win
Paris Saint-Germain announces unprecedented €871M revenue while clinching Champions League glory, marking their most successful campaign financially and competitively.
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