FG, States, LGs share N619.3bn for December 2020

The Federal, States and Local Governments have shared N619.343 billion as federation allocation for December, 2020,…

FAAC shares N619.343bn among FG, states, LGCs for December, 2020

The Federation Accounts Allocation Committee (FAAC), Wednesday, shared a total of N619.343 billion as federation allocation…

NNPC Records $120.49m Crude Oil Receipt in September

The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and…

Ekiti earmarks N1.4bn for Amotekun in 2021 budget

The Ekiti Government has allocated N1.4billion for the State Security Network, codenamed Amotekun Corps, in its…

Tony Elumelu’s Heirs Holdings acquires 45% OML 17 from Shell, Total, ENI

Tony Elumelu’s company, Heirs Holdings, HH, has acquired 45 per cent participating interest in Nigerian’s oil…

NNPC Restates Commitment to OPEC+ Agreement

…TO FOCUS MORE ON GAS, CONDENSATES FOR REVENUE GROWTH The Nigerian National Petroleum Corporation (NNPC) has…

Downstream Infrastructure Rehab: NNPC Harvests Bids from 96 Reputable Firms from Various Jurisdictions for Contract

Buoyed up by the culture of Transparency, Accountability and Performance Excellence (TAPE) of the current NNPC…

Nigeria loses ₦5.4trn from tax evasion by multinational companies, says FIRS

• CREATES ADDITIONAL AUDIT UNITS TO TACKLE LEAKAGES The Federal Inland Revenue Service (FIRS), Monday, January…

SERAP warns Buhari against borrowing from dormant accounts in banks, unclaimed dividends

• POOH-POOHS GOVERNMENT’s UNWILLINGNESS TO STOP SYSTEMIC CORRUPTION IN MINISTRIES, DEPARTMENTS AND AGENCIES, CUT WASTES, AND…

Despite Covid-19 restrictions: Customs surpasses 2020 revenue target by N182bn

…SEIZES ARMS, AMMUNITION WITH DUTY PAID VALUE OF N28 BILLION Despite the restrictions occasioned by the…

Kwara wins $16.9m in SFTAS achievements for 2019/2020

…gets N795m PAYE refunds; explains review of budget figure By Wole Adedeji, Ilorin The Kwara State…

Atiku sells off shares in Intels

…blames President Buhari’s economic policy for decision Former Vice President Atiku Abubakar and co-founder of Integrated…

Kwara Reviews 2021 Budget Upward By N11 billion

…sends letter to the House By Wole Adedeji, Ilorin The Kwara state government has increased its…

Makinde signs Oyo’s N268.8bn 2021 Budget into law

…says state targets 70 per cent performance …’budget will consolidate our infrastructure development’ …synergy among arms…

BREAKING: National Assembly passes 2021 budget

By Demola Abimboye The National Assembly, NASS, today passed the N13.588trillion 2021 budget, an increase of…

Why pool of deposits in closed banks remain unclaimed – NDIC

The Nigeria Deposit Insurance Corporation (NDIC) has stated that a limited understanding and the widespread misconception…

NNPC Set to Deepen Compliance with EITI Standards

…Appoints EITI Implementation Programme Manager In keeping with its resolve to deepen its compliance with the…

Senate pegs oil benchmark at $40 per barrel, passes 2021-2023 medium term expenditure framework, fiscal strategy paper

Fixes exchange rate at N379/1USD   The Senate, today, December 17, passed the 2021-2023 Medium Term…

Update/FAAC shares N601.110bn among FG, states, LGCs for November 2020

The Federation Accounts Allocation Committee (FAAC), Wednesday at its meeting chaired by the Permanent Secretary, Federal…

SIM cards not harmonized with NIN to be blocked by December 30, says FG

No registration of new SIMs after blockage, it insists The Federal Government has ordered the immediate…