FG Raked In N1.25bn IGR In 2021   The Accountant General of the Federation (AGF), Ahmed Idris, has said the deployment of Treasury Revenue Directors to 10 Federal Government Owned Enterprises (FGOEs) is yielding results as Internally Generated Revenue (IGR) has improved. While giving an assessment of...

Fed Govt’s New Borrowings Rise By 278.03% In Six Years     The Federal Government’s thirst for debts appears to have deepened as new borrowing allocations rose by 278.03 per cent or N4.03tn between 2015 and 2021. This was disclosed in the presentation of the public debt data...

Telecom Operators Threaten Tariff Hike Over Cost of Doing Business Telecoms operators have threatened upward review of their tariff over rising cost of doing business and safety of telecommunications infrastructure in the country. The Association of Licensed Telecommunication Operators of Nigeria (ALTON) also says it is...

 Governors Protest Low FAAC Revenue Low revenue accruing to state governments monthly from the Federation Account Allocation Committee (FAAC)  is forcing the sub nationals to renew their calls for the removal of fuel subsidy. They are also introducing strategies to increase their Internally Generated Revenue. For instance,...

JUST IN $9.8m Money Laundering: Andrew Yakubu’s Acquittal Unacceptable - EFCC By Abdulrahman Abdulraheem The Economic and Financial Crimes Commission (EFCC) has vowed to appeal the ruling by Justice Ahmed Mohammed of the Federal High Court, Abuja, quashing the money laundering charges preferred by the...

Court acquits Former NNPC GMD of Money Laundering Charges The Federal High Court has discharged and acquitted Andrew Yakubu, a former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) on a money laundering case. against him. The Economic and Financial Crimes Commission (EFCC)...