FAAN Remits 16.7bn To FG, Proposes N188bn 2022 Budget   The Federal Airports Authority of Nigeria (FAAN) has remitted N16.7 billion into the consolidated revenue fund of the Federation Account for the year 2021, the authority has disclosed. The Managing Director of FAAN, Capt Rabiu Yadudu, said...

Insecurity: Private Sector Raises Fresh N100bn To Support FG   The Coalition Against COVID-19 has disclosed plans to provide N100bn to the Federal Government to assist security agencies tackle the current spate of insecurity in the country. The Chairman of the United Bank for Africa, Tony Elumelu...

The Federal Capital Territory Internal Revenue Service (FCT-IRS), has said funding FCT budget entirely from Internally Generated Revenue (IGR) sources was possible, with the collaboration of other revenue generating agencies. This is contained in a statement issued on Sunday, in Abuja, signed by Mustapha Sumaila,...

The Federal Government has said the N621 billion Nigerian National Petroleum Corporation (NNPC) tax intervention for road construction, is ensuring speedy realisation of the completion of the Suleja-Bida and Lambata -Bida roads. The Director, Highways Construction and Rehabilitation, Folorunso Esan, said this at the inspection...

CBN to Stop Sale of Forex to Banks as Naira Falls Against Dollar ECONOMIC CONFIDENTIAL- Naira fell massively at the black market on Thursday after traders learned that the Central Bank of Nigeria (CBN) was planning to halt dollar sales to commercial banks. Although CBN said...

For ten years, the Tertiary Education Trust Fund (TETFund) provided 15 billion Nigerian naira to the Abubakar Tafawa Balewa University (ATBU) Bauchi State for projects. In an interview with the News Agency of Nigeria (NAN) in Bauchi on Thursday, Vice Chancellor, Prof. Ahmed Abdulaziz, stated...