The Nigerian government at the federal level, states, and local government councils have received a total of N1.727 trillion, according to the November 2024 Federation Accounts…
Browsing: revenue
A total of ₦1.411 trillion, representing the October 2024 Federation Accounts Revenue, has been distributed among the Nigerian government’s three tiers. In a statement released on…
The International Monetary Fund (IMF) has highlighted Nigeria’s heavy debt-servicing obligations, urging the country to adopt innovative revenue mobilisation strategies to alleviate financial strain. Davide Furceri,…
Nigeria’s Minister of Finance, Wale Edun, has stated that the country is spending its increased revenue on social investments, including providing cash transfers to its citizens.…
Nigeria’s Minister of Transportation, Senator Said Ahmed Alkali, has revealed that the nation’s railway system has the potential to overtake the oil sector as the country’s…
According to the National Bureau of Statistics (NBS), the total value of domestic products traded in the second quarter of 2024 reached ₦31,892.46 billion. This marks…
The House of Representatives Public Accounts Committee has directed the Joint Admission and Matriculation Board (JAMB) to remit N3,602,605,277 to the federal government’s Consolidated Revenue Fund…
Muhammed Bello Shehu, Chairman of Nigeria’s Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has underscored the Commission’s dedication to discovering new revenue streams for the Federation…
BudgIT, a tech-civic and social accountability organisation, has reported that the Nigerian Government spent 225% more than its revenue for the 2023 fiscal year. According to…
Real Madrid has become the first football team to generate more than €1 billion in income. The Real Madrid Board of Directors announced this exceptional financial…