Tag Archives: revenue

Two d!e as Truck fleeing from revenue collector suffers brake failure and rams into several cars

Two d!e as Truck fleeing from revenue collector suffers brake failure and rams into several cars

Two persons have been confirmed de@d after a truck suffered brake failure and rammed into several vehicles at Powerline by Cele Bus Stop, Ita-Oluwo, Ikorodu in Lagos state on Sunday, December 15.   In a statement released, the Public Affairs and Enlightenment Department, Lagos State Traffic Management Authority (LASTMA), Adebayo Taofiq, says the tragic incident led to the rescue of …

Read More »

Strong US demand helps Watches of Switzerland clock up revenue

Strong US demand helps Watches of Switzerland clock up revenue

Although luxury watch revenues saw a slight dip, mainly because of one-time rises in showroom stocks, the company reported an increase in demand from the US. ADVERTISEMENT Watches of Switzerland Group has revealed its first half financial year 2025 (H1 FY25) results, for the 26 weeks ended 27 October 2024.  Group revenue for H1 FY25 came in at £785m (€948.61m), …

Read More »

Two Anambra revenue collectors set ablaze by irate mob for causing de@th of innocent bystander

Two Anambra revenue collectors set ablaze by irate mob for causing de@th of innocent bystander

An irate mob on Friday, November 22, set ablaze two men believed to be revenue collectors working with the Anambra State government.    The gruesome incident occurred at Old Market Road along Venn Road by Egerton in Onitsha, Anambra State, following the death of an innocent bystander.   The bystander was killed instantly when a tipper driver, reportedly being queried …

Read More »

Containerized truck crushes revenue collector to d3ath on Lagos-Ibadan expressway

Containerized truck crushes revenue collector to d3ath on Lagos-Ibadan expressway

A revenue collector was crushed to death by a containerized truck along the Lagos-Ibadan Expressway.      The incident occurred on Sunday, November 17, 2024, when the deceased was attempting to collect dues from the truck driver.      The Lagos State Traffic Management Authority (LASTMA) confirmed the incident in a statement signed by its spokesperson, Adebayo Taofiq.    “In …

Read More »

Revenue collector crushed to death in Lagos

Revenue collector crushed to death in Lagos

The Lagos State Police Command has initiated a manhunt for a truck driver who fled after allegedly running over a revenue collector on the Lagos-Ibadan Expressway on Sunday. The tragic incident occurred near New Garage, inbound Lagos, involving a containerized truck with registration number FST 887 XD.   According to Mr. Olalekan Bakare-Oki, General Manager of the Lagos State Traffic …

Read More »

Governor Okpebholo suspends revenue collection in Edo

Governor Okpebholo suspends revenue collection in Edo

Newly inaugurated Edo State Governor, Monday Okpebholo, has issued an immediate and indefinite suspension on all revenue collection across the state, particularly in motor parks and similar areas. The directive, which aims to address ongoing concerns around revenue processes, will remain in place until further notice.   The announcement was made through a statement by Hon. Fred Itua, Chief Press …

Read More »

Stellantis revenue plunges as falling EU and US sales hit car giant

Stellantis revenue plunges as falling EU and US sales hit car giant

Europe’s second-largest car maker, Stellantis, reported that its net revenues slumped by 27% in its latest earnings update as it aims to slim down its inventory and launch new products. ADVERTISEMENT Troubled carmaker Stellantis reported net revenues of €33bn for the three months to 30 October, which equates to 27% less compared with last year’s €45bn. The company, which owns …

Read More »

China’s BYD overtakes Tesla revenue for first time

China's BYD overtakes Tesla revenue for first time

The Chinese electric vehicle giant BYD has seen its quarterly revenues soar, beating Tesla’s for the first time. It posted more than 200bn yuan ($28.2bn, £21.8bn) in revenues between July and September. This is a 24% jump from the same period last year, and more than Elon Musk’s company whose quarterly revenue was $25.2bn. However, Tesla still sold more electric …

Read More »

Barclays reports strong earnings on robust investment bank revenue

Barclays reports strong earnings on robust investment bank revenue

Barclays shares surged to a nine-year high on the NYSE following strong third-quarter earnings, primarily driven by growth in its investment bank. CEO Venkatakrishnan expressed confidence in meeting the three-year targets set earlier this year. ADVERTISEMENT British bank Barclays posted strong third-quarter earnings, lifting its shares by more than 4% in after-hours trading on the New York Stock Exchange, reaching …

Read More »

Bandits k!ll two travelers, abduct Zamfara revenue commission coordinator and others

Bandits k!ll two travelers, abduct Zamfara revenue commission coordinator and others

Bandits have killed two travelers and abducted the Zamfara State Coordinator of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Alhaji Bashir Abara Gummi alongside several others along the Funtua-Gusau Road.   It was gathered that the bandits were said to have blocked the busy Funtua-Gusau Road on Sunday, October 20, 2024 and attacked several vehicles including the car in …

Read More »