19 States Lack Automated IGR Collection System – Fed Govt       Only 17 states out of the 36 states of the federation have fully automated their Internally Generated Revenue collection systems, the Federal Government said on Thursday. This implies that 19 states lack automated IGR collection systems. The...

Lagos, Rivers, FCT, Delta Generate Nigeria’s 52.67% IGR In 2020       With the generation of 32.08 per cent, 8.97 per cent, 7.05 per cent and 4.57 per cent share of the 2020 Internally Generated Revenue (IGR) Lagos, Rivers, Federal Capital Territory (FCT) and Delta States respectively...

SON Assesses KAM Holding facilities In Ilorin     Standard Organisation of Nigeria, (SON) on Monday commended the heavy investments of the Group Managing Director of KAM Holding Ltd, Dr. Kamoru Yusuf, thereby impacting positively on the lives of numerous Nigerians and expatriates. SON Director General of Mallam...

Customs Intercept N1.9bn Drugs, Goods In Port, Others     The Nigeria Customs Service (NCS) has seized drugs and smuggled goods worth N1.9 billion at Apapa port and areas around its Kaduna zone. The Apapa Area Command yesterday, said it intercepted 28 container loads of pharmaceuticals valued at...

FAAC Allocation In 2020 Not Bad         Federation Accounts Allocation Committee (FAAC) revenue to the Federal Government, 36 states and 774 local governments fell by just five percent to N7.14 trillion in eleven months (January to November) from N7.46 trillion in the same period of 2019. Going...

Banks’ Non-performing Loans Now N1.17trn – NBS         Non-performing loans in the Nigerian banking sector fell by N42.4bn in three months, latest figures from the National Bureau of Statistics have shown. According to figures obtained from the NBS’ latest Selected Banking Sector Data Report on Sunday, the...