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FAAC: FG Is Owed Over N3trn By Several Revenue-Generating Agencies

It is highly likely that the Federal Government could face a potential loss of N2.97tn and $36.33m if revenue-generating agencies in the country do not reconcile unremitted earnings collected. 

For Nigeria to Progress, Citizens must Stop Economic Sabotage, Unpatriotic Acts – Tinubu 

President Bola Tinubu has said it is imperative for Nigerians to have a change of value system if the nation is to make progress. 

FIRS, NCS, NUPRC Experience 131% Surge in costs of Revenue Collection

FIRS, NCS, NUPRC Experience 131% Surge in costs of Revenue Collection .The Federal Inland Revenue Service (FIRS), Nigeria Customs Service (NCS), and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have experienced a 131% increase in their cost of revenue collection for the first quarter of...

Naira Depreciates by 215% in One Year

Naira Depreciates by 215% in One Year Since the harmonisation of the foreign currency market segments in Nigeria one year ago, the naira has depreciated by about 214.64 per cent against the dollar. At the close of trade on Friday, the naira stood at N1482.72 to...

Dangote Sugar Refinery Issues N42.79bn Commercial Notes

Dangote Sugar Refinery Issues N42.79bn Commercial Notes Dangote Sugar Refinery has announced that it has issued Series 4 and 5 Commercial Paper notes to raise N42.79bn. According to a release filed with the Nigerian Exchange Limited and signed by the Company Secretary, Temitope Hassan, the latest...

Keyamo: Nigerian Airlines To Fly Direct To US, S’America

According to Festus Keyamo, the Minister of Aviation and Aerospace Development, the Federal Government has commenced the process of empowering Nigerian airlines to have direct access to International routes to the United States and South American countries.