FG, States, Local Govts share N640.310 billion for January, 2021
The Federation Accounts Allocation Committee (FAAC) at the end its meeting on Thursday shared N640.310 billion to the three tiers of government...
BREAKING: Nigeria exits recession with 0.11% growth
Nigeria’s economy grew by 0.11 percent in the fourth of 2020.
This comes after two consecutive quarters of negative...
Bayelsa Assembly express concern over leakages in State IGR …summon Chairman, State Revenue Board
The Bayelsa State House of Assembly has on Tuesday expressed concern over the drastic leakages and drop in the State Internally Generated...
BREAKING: FG Set To Replace BVN With NIN – Minister Reveals
The Federal Government has stated arrangements are ongoing to replace the Bank Verification Numbers (BVN) with the National...
CBN bans Nigerians from buying, selling Bitcoin, Crypto
The Central Bank of Nigeria, CBN, on Friday, instructed Deposit Money Banks (DMBs), other Financial Institutions (OFIs), Non-Bank Financial Institutions (NBFIs) and...
CBN’s move to print currency to finance budget gets backing
The plan by the Central Bank of Nigeria (CBN) to print more local currency to finance the 2021 national budget has attracted...
FG, States and LGAs share N619.343bn for December, 2020
The Federation Accounts Allocation Committee (FAAC) on Wednesday shared to the three tiers of government N619.343 billion as Federation allocation for December,...
Osinbajo flags off N5,000 cash transfer to low-income earners in urban areas
Vice-President Yemi Osinbajo has flagged off the cash transfer of N5,000 to low-income earners in urban areas, as part of efforts to...
Bayelsa, Imo, Rivers, Zamfara lose out as FG disburses N123.348bn performance grants to states...
The Federal Government has disbursed the sum of N123.348 billion (USD324.6 million) to state governments in the second round of performance-based grants.
Nigerian government to borrow unclaimed dividends, dormant accounts’ balances
Despite opposition from stakeholders, the federal government has perfected ways to borrow funds from unclaimed dividends and dormant bank account balances unattended...