The Niger Delta Power Holding Company (NDPHC) has disclosed that the Central Bank of Nigeria (CBN), the Nigerian Bulk Electricity Trading Plc (NBET), and the Nigerian...
The Nigeria Extractive Industries Transparency Initiative (NEITI) disclosed that federal government revenue-generating agencies remitted approximately N14.4tn to the Federation Account from the extractive sector between January...
The Nigerian federal government has reported significant fiscal gains amounting to approximately N1.45 trillion between June and September due to the removal of the subsidy on...
In a bid to address the persistent problem of ticket racketeering and enhance revenue generation, the Federal Government of Nigeria officially unveiled the E-ticketing platform for...
The Federal Government has unveiled ambitious plans to bolster Value-Added Tax (VAT) collection by hiring more tax agents in five key sectors. This initiative aligned with...
The newly appointed Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, unveiled that approximately ₦2.9 trillion earmarked for government projects vanished into the...
CBN's COVID-19 Forbearance Leads to Loan Repricing
The Federation Account Allocation Committee (FAAC) has disbursed ₦1.134 trillion to Nigeria’s three tiers of government in June 2023. This financial windfall, revealed in the latest...
Documents reveal questionable approvals and alleged backdating, raising concerns over financial misconduct
The Oyo/Osun Area Command of the Nigeria Customs Service has reported a better-than-expected achievement in revenue collection, exceeding its targets while also making significant seizures of...