Nigeria was unable to obtain any revenue from oil exports throughout the month of October, despite recording an average daily oil production of 1.4 million barrels...
Data from the National Bureau of Statistics (NBS) shows that the 36 states in the country and the Federal Capital Territory (FCT) earned N2.33 Trillion from...
The World Bank has said the Federal Government of Nigeria will earn an estimated N462 billion from electronic money transfer levy in 2021. The leading multilateral...
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) Monday said a total sum of N1.54 trillion was generated by revenue agencies into the federation account in...
The increasing cost of servicing debt continues to weigh on the Federal Government’s revenue profile, a PwC report has said. This report was titled ‘Nigeria Economic...
Lagos State contributed N428.98 or 32.08 percent of the total N1.3 trillion Internally Generated Revenue (IGR) realised by the Federal Government in 2020, according to Sam...
As revenue from oil nosedives following incessant global price fluctuations, the Federal Government is now channeling efforts to the development of minerals in the mines and...
The Nigeria Sovereign Investment Authority (NSIA) generated revenue of N160.06 billion in 2020, according to the latest audited financial reports announced by the Managing Director of...
The Nigeria Customs Service (NCS) realised N466.1 billion in revenue in the first quarter (Q1) of 2021, according to the latest data from the Public Relations...
States Jerk up Deficit Spending by 90% to N800bn The 36 state governments are set to incur about N800 billion budget deficit in 2021, representing a...