FAAC Sub-Committee Recovers ₦2.36tn, $7.87m in Unremitted Revenue
The Federation Account Allocation Committee Post-Mortem Sub-Committee has recovered N2.36tn and $7.87m in outstanding revenue arrears collected by revenue-generating agencies but not remitted into the Federation Account, according to findings from the committee’s latest reconciliation released on Wednesday.
The amount reconciled and paid...
FAAC Sub-Committee Recovers ₦2.36tn, $7.87m in Unremitted Revenue
The Federation Account Allocation Committee Post-Mortem Sub-Committee has recovered N2.36tn and $7.87m...
Sugar Project Financing: NSDC Strikes Partnership Agreement with NEXIM Bank
The National Sugar Development Council (NSDC) and the Nigerian Export-Import...
Baze University Lecture: Prof. Ogwo Warns Nigerian Women’s Potential Remains Underutilised
Nigerian women continue to demonstrate resilience and excellence across...
Nigeria’s external reserves have risen above $47 billion, their highest level since 2018, signaling renewed strength in the country’s external position and boosting confidence in the Central Bank of Nigeria’s (CBN) outlook.
In markets, offices, WhatsApp groups and banking halls across Nigeria, one narrative has travelled faster than the reforms themselves, that the new tax laws introduced a fresh tax on electronic transfers and that government is now dipping directly into citizens’ money each time they send funds.