Revenue

Suez Canal

Suez Canal Revenues Hit All-Time Record At $6.3 Billion

By AP Egypt’s Suez Canal said Sunday its annual revenues reached $6.3 billion last year, the highest in the crucial waterway’s history. Admiral Ossama Rabei, head of the Suez Canal Authority, said last year’s revenues…


Nigeria

Nigerian States’ IGR Earning Is Pitiful

By E.E. Okpa According to a recent Economic Confidential study, Nigerian states plus the Federal Capital Territory, Abuja generated N1.3tn in Internally Generated Revenue. Or, an equivalent of about $2.5bn. The IGR is a statutory…