Monetary

FG Saved Over $10bn From Stoppage Of Illegal Maritime Activities

FG Saved Over $10bn From Stoppage Of Illegal Maritime Activities   The Federal Government saved over $10billion on illegal maritime activities between September 2021 and January, this year, a senior official of the Federal Ministry of Finance (FMoF) has said. The source, who craved anonymity, told The...

Cash Transfer: Minister Says Some Nigerians Haven’t Seen N5,000 Before

Cash Transfer: Minister Says Some Nigerians Haven’t Seen N5,000 Before The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouk, has dismissed as “elitist assertion” comments that the regime’s N5,000 monthly national conditional cash transfer to some poor and vulnerable people is insufficient...

Reps Grill Fire Service Chief Over N1bn Recruitment, Logistics Cash

Reps Grill Fire Service Chief Over N1bn Recruitment, Logistics Cash   The House of Representatives Committee on Public Accounts on Tuesday grilled the Commandant General of the Federal Fire Service (FFS), Ibrahim Liman over expenditure of over N1 billion on recruitment and logistics between 2017 to...

N3.07 Billion Property Lost to FG in Anti-Graft War

 A top military officer's 20 properties valued at over N3 billion and seven million have been forfeited to the Economic and Financial Crimes Commission, EFCC, on Monday. Aflac Plastics, Marhaba Events Place, and Atlasfield Gas Plant Limited were some of the companies that controlled the...

FIRS Digital Taxation: Redefining Revenue Collection in Nigeria

By Kabir Abdulsalam Over the last few years, concerns have been raised by stakeholders that the existing international tax system does not properly capture or take into consideration the digitalization of business transactions. Undoubtedly, the world economies are quickly moving from physical...

FAAN Remits 16.7bn To FG, Proposes N188bn 2022 Budget

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...