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“Govt Agencies remit N14.38 trillion to Federation Account in 2 years”...

The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that revenue generated by federal government agencies from the extractive sector amounted to ₦14.38 trillion,...

FCT Administration Introduces new Regulations to Ensure Tax Compliance

NEWS DIGEST- The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has mandated the demand and verification of Tax Clearance Certificate (TCC) as...

FIRS generates N6.4trn revenue in 2021, highest ever

FIRS generates N6.4trn revenue in 2021, highest ever NEWS DIGEST - The Federal Inland Revenue Service (FIRS) has generated a record N6.4 trillion as revenue...

Revenue Formula: FG proposes 50.65%, 25.62%, 23.73% for FG, states and...

The Federal Government has proposed a revenue allocation formula of 50.65%; 25.62 %; and 23.73% for Federal States and Local Governments in the...

Revenue is Nigeria’s problem, not debt – Finance Minister

Revenue is Nigeria’s problem, not debt - Finance Minister NEWS DIGEST - The Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, says lack...

Nigerian Economy Takes a Hit as Crude Prices Drop

The coronavirus pandemic has not only caused fear among us, but a decline in revenue from sources of income. The Nigerian economy is currently taking...

MTN Nigeria records N1.2trn revenue as subscribers hit 64 million –...

MTN Nigeria records N1.2trn revenue as subscribers hit 64 million – Report NEWS DIGEST - MTN Nigeria says it realised N1.2 trillion from voice call,...
President Muhammadu Buhari

FG to review revenue sharing formula —RMAFC

FG to review revenue sharing formula —RMAFC NEWS DIGEST - The Federal Government has said it will set up a committee in the coming week...
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