Category : Search result: Federation Account revenue loss

Federation Account Hits N23.06 Trillion in 10 Months, RMAFC Reports

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.

Lagos Loses N3.8 Trillion Yearly to Traffic: Can Tech Save the Day?

N3.8tr Loss: Lagos Traffic Crisis and Tech Solutions

Lagos traffic costs the economy N3.8 trillion yearly. As Yuletide approaches, experts push for tech-driven solutions like e-Call-Up systems and mass transit to salvage the situation. Read more.

FAAC Revenue Drops by N428bn in November, FG, States, LGs Share N1.93trn

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.

Federation Account Receives N66.42 Trillion Inflows in 3 Years, RMAFC Reveals

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.

Supreme Court Dismisses Osun's Suit on LG Funds, Criticizes FG's Inaction

Supreme Court Dismisses Osun Suit on LG Funds

The Supreme Court has struck out Osun State's suit to compel FG to release LG funds, citing lack of locus standi. Read the full details and implications of the judgment.

11 DStv Channels Face Removal by 2026 as MultiChoice, Warner Bros Deal Expires

11 DStv Channels May Vanish in 2026 Over Deal

MultiChoice confirms 11 channels, including CNN and Cartoon Network, could be removed from DStv by Dec 31, 2025, if a new deal with Warner Bros. isn't reached. Learn the full list and alternatives.

How to Block Your Union Bank Account Fast: USSD, App & Customer Care

Fast Ways to Block Your Union Bank Account

Learn the quickest methods to block your Union Bank account using USSD *826*6#, the UnionMobile app, or customer care. Protect your funds instantly during emergencies.

Nigeria Loses $363m Yearly to EU Beans Ban: Pesticide Crisis Exposed

Nigeria loses $363m yearly to EU beans ban

Nigeria loses over $360m annually due to the EU ban on dried beans exports, caused by dangerous pesticide levels. Stakeholders demand urgent agricultural reforms and seed preservation.

Nigerian Barber's Dream Shop Demolished After Huge Investment:

Barber's Shop Demolished After Huge Investment

A Nigerian businessman's fully-equipped barbing salon was demolished after months of work, leaving him devastated. He blames a terrible access road and a difficult landlord.

Fitness Coach, 30, Dies After Extreme 10,000-Calorie Daily Challenge

Fitness Coach Dies After Extreme Eating Challenge

Russian fitness coach Dmitry Nuyanzin, 30, tragically passed away after cardiac arrest following extreme binge-eating challenge to promote weight-loss program. Health experts warn about dangers.

Nigeria's Digital Crackdown: 28M Fraud Accounts Removed

Nigeria, Tech Giants Remove 28M Fraud Accounts

Federal Government collaboration with Google, LinkedIn, TikTok results in removal of 28 million Nigerian accounts and 58.9 million contents in anti-fraud campaign. Learn about the digital security partnership.

Owen Goodman Chooses Canada Over Nigeria in International Football Decision

Goodman Picks Canada Over Nigeria National Team

Nigeria-eligible goalkeeper Owen Goodman rejects NFF invitation, accepts Canadian national team call-up. Crystal Palace star reveals his dream to represent Canada at senior level.

Atiku Demands Suspension of FIRS TSA Payment Provider, Alleges Cartel Model

Atiku and FIRS Clash Over New TSA Payment Provider

Former VP Atiku Abubakar demands suspension of Xpress Payment Solutions as TSA collecting agent, while FIRS defends multi-provider framework. Key political clash over revenue collection.

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