Abia Government Publishes 2024 Financial Report
A Burial for Abia as the 2024 Financial Report is Published. The more things change, the worse they become. Yesterday, the Abia State Government published…
Category: ECONOMY
FG, States, LGAs Share ₦1.424tn FAAC Revenue In December 2024
A total sum of ₦1.424 trillion, being December 2024 Federation Accounts Revenue, has been shared among the Federal Government, States and Local Government Councils. The…
CBN Imposes N150m Fine On Banks Releasing New Notes To Hawkers
The Central Bank of Nigeria has announced a fine of ₦150 million on Deposit Money Banks found guilty of giving out illegal flow of mint…
Abia Records 35th Position in VAT Revenue Generation Across Nigeria in August 2024
Abia State has been ranked 35th in Value Added Tax (VAT) revenue generation among Nigeria’s 36 states and the Federal Capital Territory (FCT), according to…
UPGRADE: ” We assure our customers of service delivery following infrastructure upgrade – GMD/CE, Zenith Bank, Dr. Adaora Umeoji
Zenith Bank Plc has assured its teeming customers of exceptional service delivery and improved customer experience following the successful completion of its Information Technology infrastructure…
Petrol Price War: Marketers battle Dangote, set to import cheaper products
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, on Monday insisted that the price of premium motor spirit, also known as petrol, it…
NNPCL, DANGOTE IN FRESH WAR: NNPC claim Dangote fails to meet 1.065b litres supply • Plant supplied 317m litres in 35 days
Controversy over the supply of petrol from Dangote Refinery to the Nigerian National Petroleum Company Limited (NNPCL) deepened yesterday. In a new twist, a document…
Transcorp Hotel generates N14.9 billion from food & beverage sale in 9 months
Transcorp Hotels has reported N14.9 billion in revenue from food and beverage sales between January and September 2024, marking an impressive 82% increase from N8.19…
Breaking: CBN penalizes 10 banks over forex violations
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have sanctioned 10 banks for violations of foreign exchange guidelines and other…
FAAC: FG, STATES, LGCs SHARE N1.289 TRILLION FROM A GROSS TOTAL OF N2.258 TRILLION FOR THE MONTH OF SEPTEMBER 2024
The Federation Account Allocation Committee (FAAC), at its October 2024 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale…