Two million People’ll Start Receiving N20bn Monthly From June, Says FG   Two million people will start receiving about N20bn from June this year as basic cash transfers and conditional cash transfers under the National Cash Transfer Programme, the Federal Government has said. It was gathered that...

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...