Economy

Katsina Records ₦2 Billion Revenue for September – Officials

The Katsina State government has announced that it generated ₦2.024 billion in Internal Generated Revenue (IGR) for the month of…

6 hours ago

Tinubu Moves to Centralize Revenue Collection, Bars Customs, NPA, Others

President Bola Tinubu is considering barring revenue-generating agencies from collecting government revenues directly, proposing the creation of a single agency,…

17 hours ago

Naira Depreciates to ₦1,700 in Informal Market

The Naira continued its decline on Friday, falling to ₦1,700 per dollar in the parallel market, down from ₦1,675 per…

1 week ago

Buhari’s Policies Blamed for Nigeria’s Economic Hardship – CBN

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has attributed the current economic challenges to the poor…

1 week ago

FAAC Allocates ₦1.2 Trillion to FG, States, LGs for August

The Federal Accounts Allocation Committee (FAAC) has announced the disbursement of ₦1.2 trillion in revenue for August 2024, distributed among…

2 weeks ago

Nigerian Banks Hit by ₦42.6bn Fraud Losses in Three Months – Report

Nigerian commercial banks experienced a staggering loss of ₦42.6 billion to fraud and forgeries between April and June 2024, according…

3 weeks ago

FAAC Allocations Surge 149% to ₦13.7 Trillion in Seven Months

Disbursements from the Federation Account Allocations Committee (FAAC) to the Federal Government, 36 states, and 774 local governments surged by…

4 weeks ago

Aminu Dantata Appointed Non-Executive Director at Jaiz Bank

Jaiz Bank Plc, a prominent financial institution in Nigeria, has announced the appointment of Tajudeen Aminu Dantata as its new…

1 month ago

Nasarawa State’s Monthly IGR Hits ₦2.5 Billion, Official Reveals

The Nasarawa State Internal Revenue Service (NSIRS) has announced that the state currently generates over ₦2.5 billion monthly in internally…

1 month ago

Nigeria’s ₦70k M’Wage Diminished by Inflation: Real Value Drops to ₦52,473.76

Despite a recent boost in Nigeria’s minimum wage to ₦70,000, inflation has significantly eroded its purchasing power, reducing its real…

1 month ago