Revenue News
Latest articles and news about Revenue on AXL Media.
Latest Articles
- Transcorp Group Reports N50.7 Billion Pre-Tax Profit for Q1 2026 Despite Power Sector Infrastructure Challenges
Published: Apr 25, 2026
Section: Africa
Transnational Corporation Plc (Transcorp Group) has released its unaudited financial results for the first quarter of 2026, showing a 3% increase in Profit Before Tax to N50.7 bill...
- Nigerian Breweries Revenue Climbs to N413 Billion as First Quarter Profits Jump 25 Percent
Published: Apr 24, 2026
Section: Africa
Nigerian Breweries Plc reported a 7.66 percent increase in revenue for the first quarter of 2026, reaching N413.016 billion by March 31. The beverage giant saw its profit after tax...
- Nigerian Breweries Group Revenue Surges 35 Percent to N1.5 Trillion Amid Strategic Price Protection Measures
Published: Apr 20, 2026
Section: Africa
Nigerian Breweries (NB) Plc has reported a significant financial rebound in 2025, with group revenue climbing to N1.5 trillion and operating profit growing by 194 percent. Finance...
- BetMGM Revenue Hits 696 Million Dollars Missing Analyst Estimates Amid Soft Sports Betting Returns
Published: Apr 15, 2026
Section: Online Gambling
BetMGM reported first quarter 2026 revenue of 696 million dollars, a figure that fell 14 percent short of analyst expectations. The joint venture cited unfavorable sports outcomes...
- President Tinubu Proposes Aggressive N9 Trillion Expansion to 2026 Fiscal Year Appropriation Totaling N67.4 Trillion
Published: Apr 1, 2026
Section: Africa
President Bola Tinubu has formally requested the National Assembly to authorize an upward revision of the 2026 budget from N58.4 trillion to N67.4 trillion. The adjustment is desig...
- BUA Foods Reports Record 1.77 Trillion Naira Revenue and Proposes 115 Percent Dividend Increase
Published: Mar 31, 2026
Section: Africa
Nigeria’s leading food manufacturer, BUA Foods Plc, announced a 16 percent revenue surge for the 2025 fiscal year, driven by strong demand in sugar, flour, and pasta. The Board has...
- Nigeria Customs PTML Command Generates N76 Billion Revenue Amid Intense Inter Agency Operations Against Arms Smuggling
Published: Mar 16, 2026
Section: Africa
The Ports and Terminal Multipurpose Service Command recorded a significant revenue surge to N76.17 billion during the first two months of 2026. Under the leadership of Comptroller...
- Nigeria Debt Servicing Outpaces Capital Investment by N3.9 Trillion Amid Severe Macroeconomic Pressures
Published: Mar 9, 2026
Section: Africa
A report from the Federal Ministry of Finance reveals that Nigeria spent N27.2 trillion on debt obligations between 2024 and 2025, significantly exceeding expenditure on infrastruc...
- Proposed twenty percent gambling tax threatens viability of licensed South African bookmakers according to industry leadership
Published: Mar 4, 2026
Section: Business & Economy
The South African Bookmakers Association has warned that a proposed new levy could raise the total tax burden on licensed operators to nearly thirty nine percent. Industry represen...
- Warner Bros Discovery Initiates Strategic Reconstruction of Video Game Pipeline Following Volatile Twenty Twenty Five Fiscal Results
Published: Mar 3, 2026
Section: Online Gaming
Warner Bros. Discovery (WBD) has signaled a "rebuilding" phase for its gaming division following a challenging 2025. Despite a significant drop in gaming revenue during the final q...
- JAMB Projects Record ₦24 Billion Internal Revenue Generation for 2026 Fiscal Year
Published: Feb 26, 2026
Section: Africa
The Joint Admissions and Matriculation Board (JAMB) has set an ambitious Internally Generated Revenue (IGR) target of ₦24 billion for 2026. Registrar Prof. Is-haq Oloyede announced...