Kano Bans Cash Tax Payments from January 2026
Kano State will enforce digital-only tax payments from 2026 to curb revenue leakages. Experts urge public embrace of reforms for economic growth. Learn more.
Category : Search result: mining sector revenue
Segilola Resources Celebrates Christmas with Host Communities
Segilola Resources, operator of Nigeria's first commercial gold mine, capped an impactful year with a festive celebration for over 2000 children in Osun State. The event highlights the company's commitment to sustainable community development and social w
Northern Governors' Bold Security Plan for Regional Recovery
Northern Governors and traditional rulers have launched a unified security plan, suspending mining for 6 months and creating a N1bn monthly fund. Can this bring lasting peace?
Lawal Seeks Security Collaboration, Chinese Firms Deny Illegality
Zamfara Governor Dauda Lawal urges stronger federal security collaboration to tackle insecurity. Meanwhile, Chinese mining companies deny involvement in illegal activities and fueling terrorism.
Why Insecurity Persists in Northcentral, Northwest — Experts
New research reveals how illegal mining, weak governance, and community exclusion drive violence in North-Central and North-West Nigeria. Experts warn blanket bans may worsen the crisis. Discover the evidence-based solutions.
Tin Can Customs Revenue Hits N1.57tr, Exceeds Target
Tin Can Island Port Customs generated N1.57 trillion, exceeding its annual target by N51.8 billion, driven by a surge in used vehicle imports. Read the full report on the revenue feat.
Chinese Miners Deny Funding Terrorism in Nigeria
The China Mining Federation of Nigeria refutes allegations of funding terrorism, stating Chinese firms are victims of insecurity. Experts call for urgent action on illegal mining in Zamfara.
FIRS Hits ₦22.59tn Revenue, New Tax Laws Reshape System
Nigeria's FIRS closes 2025 with a record ₦22.59tn collection, driven by landmark tax reforms and technology. Discover how new laws and digital systems are redefining revenue generation for 2026.
Security Experts Urge Tinubu to Halt Zamfara Illegal Mining
Nigerian security experts call on President Tinubu to take immediate action against illegal mining in Zamfara, warning it fuels banditry and funds armed groups. Read the full report.
Experts: Curb Illegal Mining to End Banditry in North
Security experts call on President Tinubu to urgently stop illegal mining in Zamfara, citing it as a major source of funding for bandits and a cause of insecurity.
12 Christians Killed in Plateau Mining Site Attack
Pastor Ezekiel Dachomo releases names of 12 Christians murdered by terrorists in Plateau State mining attack. Details on the victims and urgent calls for justice.
China's Rare Earths Mining Boom in Jiangxi Province
Explore how China's secretive rare earth mining in Jiangxi fuels global tech and defense, shaping trade wars and forcing EU and US to seek alternatives. Discover the strategic power buried in red soil.
Beetles Block Europe's Biggest Rare Earths Mine
Plans to mine Europe's largest rare earth deposit in Norway face delays over environmental fears for endangered beetles and mosses. Discover the clash between green energy goals and conservation.
Customs Slaps Banks with Penalty for Late Revenue Remittance
The Nigeria Customs Service warns designated banks over delayed remittance of collected revenue. Defaulters face a penalty interest of 3% above NIBOR. Details inside.
Nigeria's Debt, Salaries Exceed Revenue in 2025
Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.
Tax Reforms, Revenue Crisis Threaten Nigeria's 2026 Fiscal Plan
President Tinubu's N43.56tr spending plan and 2026 budget face hurdles amid legislative disagreements over oil benchmarks and mounting opposition to new tax reforms. Will Nigeria miss another budget?
Wike Reinstates FCT Education Secretary, IRS Chairman
FCT Minister Nyesom Wike has reinstated Danlami Hayyo and Michael Ango. The move follows suspensions linked to a disputed school closure memo and undisciplinary acts. Read the full details.
12 Killed in Plateau Mining Site Attack
Suspected herdsmen killed 12 artisanal miners and abducted three in Barkin Ladi, Plateau State. Community leaders urge security action amid Christmas season warnings.
Edun Contradicts Tinubu on 2025 Revenue Figures
Finance Minister Wale Edun reveals a N30 trillion revenue shortfall, contradicting President Tinubu's claim of meeting the 2025 target. Details on the budget deficit and borrowing plans inside.
12 Killed in Plateau Mining Site Attack
Gunmen attacked a mining site in Plateau State's Barkin Ladi LGA, killing 12. Many are missing as security concerns rise. Governor Mutfwang pledges action.
Nigeria's 2025 Revenue Shortfall Hits N30 Trillion
Finance Minister Wale Edun reveals the Federal Government may fall short of its 2025 revenue target by N30 trillion. Discover the causes and government's response. Read more.
Pfizer Shares Fall on Weak 2026 Profit Outlook
Pfizer shares tumbled after the drugmaker projected flat revenues and lower profits for 2026, citing declining Covid-19 sales and heavy investment in new products like weight-loss drugs.
FG, States, LGs Share N1.9trn as FAAC Allocation Drops
The Federation Account Allocation Committee (FAAC) distributed N1.928 trillion for November 2025, a significant drop from October. See the full breakdown for FG, states, and LGs.
Federation Account Hits N23trn in 10 Months
Revenue inflows into Nigeria's Federation Account surged to N23.06 trillion in the first ten months of 2025, driven by fiscal reforms and digital tracking. Learn about the growth and the new tax law.
FAAC Revenue Falls by N428bn, N1.93trn Shared
FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.
Senate Condemns Multiple Budgets, Raises FIRS Target
Nigerian Senate criticizes multiple budgets in one year, pushes FIRS revenue target to N35 trillion for 2026. Details on the N30tr shortfall and fiscal reforms.
N66.42tr Hits Federation Account in 3 Years
Nigeria's Federation Account gross inflows hit N66.42 trillion from 2023 to Oct 2025, driven by fiscal reforms. RMAFC Chairman cites economic progress despite citizens' concerns. Read full analysis.
House of Reps Intervenes in Dangote, NMDPRA Dispute
The House of Representatives has stepped in to mediate the escalating conflict between Dangote Refinery and the NMDPRA. Both parties have been summoned to present their cases. Read the full story.
Wike Sacks FCT-IRS Acting Chairman, Senior Official Takes Over
FCT Minister Nyesom Wike has removed Michael Ango as acting chairman of the FCT Internal Revenue Service. The reason remains undisclosed. Read the full details and implications here.
Mining Marshals Chief Calls for Law-Backed Security Teamwork
Mining Marshals Commander John Onoja Attah demands legislated inter-agency cooperation to combat evolving threats like illegal mining and terrorism. Read his full speech from the RazorNews Awards.
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