FAAC: FG, States, LGs share N1.659trn May 2025 revenue
From Kayemo News The Federation Account Allocation Committee (FAAC) has shared a total sum of N1.659 trillion, being May…
Category: Business
FG, States, LGs Shared ₦1.5tn In March – FAAC
From Editor The Federation Account Allocation Committee (FAAC) has shared ₦1.578 trillion among the Federal Government, states and local governments…
Ekiti State engages facility manager for Airport ….As Oyebanji restates commitment to international standards
From News Editor Ekiti state Governor, Mr Biodun Oyebanji, has restated the commitment of the state government to ensuring…
South-West contributed N3.11trn — received N849.7bn from VAT pool in 2024 …. S/East contributed N101.09bn, received N341.45bn
From News Editor The six Southwestern states in Nigeria collectively contributed N3.11 trillion to the country’s Value Added Tax…
Banks limit PoS withdrawal of N100k daily, N500k weekly, commence implementation
From News Editor Indications has emerged that banks have begun the implementation of a daily withdrawal limit of N100,000 and…
Nigerian Governors reject increase in VAT, back Tinubu’s tax reform bills
From News Editor The Nigeria Governors’ Forum, NGF, has rejected moves by the Federal Government to increase Value Added…
CBN fines Fidelity Bank, First Bank Plc, UBA, six others N1.35bn for ATM cash scarcity
From News Editor The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for…
Fuel prices may rise in coming days as crude nears $80/barrel
From News Editor The prices of refined petroleum products may rise in the coming days following the increase in…
NAMA commences calibration of landing equipment at Ekiti Airport … EKSG says airport set for commercial operations
From News Editor The Nigeria Airspace Management Agency (NAMA) on Friday commenced the calibration of landing system at…
Nigeria gets W’Bank $1.5bn for implementing subsidy removal, tax bills
From News Editor The World Bank has fully disbursed a $1.5bn loan to Nigeria following the Federal Government’s implementation…