Economy

Kaduna Refinery to be Back Online by December, Says MD

The Managing Director of Kaduna Refining and Petrochemical Company (KRPC), Dr. Mustafa Sugungun, has announced that the ongoing Quick Fix…

2 hours ago

FAAC Distributes ₦1.411 Trillion October Revenue Among Govt Tiers

The Federation Accounts Allocation Committee (FAAC) has shared a total of ₦1.411 trillion as revenue for October 2024 among the…

6 days ago

Report Reveals ₦45 Billion Poverty Alleviation Spending in 15 Northern States

Amid soaring inflation, 15 northern states collectively spent approximately ₦45 billion on poverty alleviation programs in the first half of…

1 week ago

VAT Derivation Plan: Why Governors at Odds with FG – Finance Commissioner

The Gombe State Commissioner for Finance and Economic Development, Gambo Magaji, has shed light on the apprehension among state governors…

1 week ago

₦419 Billion Grant Disbursed to 20 States as Salary Expenses Reach ₦296 Billion

At least 20 states in Nigeria received grants totaling approximately ₦419 billion in the first half of 2024, while their…

1 week ago

Tinubu to Present Record-Breaking ₦47.9tn Budget to Lawmakers today

The Federal Government, on Thursday, approved the Medium-Term Expenditure Framework (MTEF) for 2025–2027, alongside the Fiscal Strategy Paper (FSP). According…

2 weeks ago

Revenue: Customs Collects ₦5.7 Trillion, Surpasses 2024 Target

The Nigeria Customs Service (NCS) announced that it collected ₦5.7 trillion in revenue as of Tuesday, November 12, 2024. Comptroller-General…

2 weeks ago

Nigeria Joins BRICS: A Giant Leap Towards Global Equity

The 2024 BRICS summit, themed “Strengthening Multilateralism for Fair Global Development and Security,” became a landmark event in the quest…

3 weeks ago

Zamfara Tops 2024 Revenue Collection Rankings in Nigeria – Report

Zamfara State has emerged as the leading state in internal revenue generation (IGR) growth in Nigeria, according to the 2024…

3 weeks ago

Nigeria Suffers ₦300bn Loss Due to End Bad Governance Protests – Shettima

Vice President Kashim Shettima revealed on Tuesday that Nigeria incurred losses of over ₦300 billion during the nationwide #EndBadGovernance protests…

3 weeks ago