Economic Confidential

FAAC: FG, States LGs Share N581.566bn for February 2020

FAAC: FG, States LGs Share N581.566bn for February 2020 The Federation Accounts Allocation Committee (FAAC) has shared a total of N581.566 billion February 2020 Federation Account Revenue to the Federal, States and Local Governments in the country. This was announced after...

N8.5trn Collection Target would be achieved- FIRS workers

N8.5trn Collection Target would be achieved- FIRS workers The Domestic Tax Operation Group (DTOG) of the Federal Inland Revenue Service (FIRS) has assured the Management and Board of the Service that it will work to “enable the Service to...

COVID-19 takes its toll on FIRS Collection Target for Jan ’20

COVID-19 takes its toll on FIRS Collection Target for Jan '20 The COVID 19 pandemic has taken its toll on the revenue target for January 2020 as the Federal Inland Revenue Service (FIRS ) collected tax revenue of N338.1 billion against...

NNPC Posts N5.28bn Trading Surplus in December 2019

NNPC Posts N5.28bn Trading Surplus in December 2019 ...As  Downstream Subsidiary, Records ₦337.63billion Products Sales The Nigerian National Petroleum Corporation (NNPC) has announced an increased trading surplus of ₦5.28billion in its December 2019 operations compared to the ₦3.95billion surplus posted in November...

CBN Economy stimulus up to N3.5trn

CBN Economy stimulus up toN3.5tr The Central Bank of Nigeria (CBN) has raised the COVID stimulus  to N3.5 trillion . Godwin Emefiele, governor of the CBN weekend  disclosed  this in Lagos adding that slthe exchange rate of N380 per dollar at...

COVID-19 No FIRS Staff Positive on Coronavirus

COVID-19 No FIRS Staff Positive on Coronavirus The  Federal Inland Revenue Service (FIRS), has denied reports insinuating some staff have tested  positive to COVID-19. Mr. Muhammad Nami, Executive Chairman of FIRS in a statement made available to Economic Confidential  in Abuja...
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