N2.94 Trillion Shared by FG, States, LGs in October
FAAC disbursed N2.94 trillion to federal, state, and local governments in October 2025, marking a slight decrease from September. Discover the full revenue breakdown and its implications.
Category : Search result: FG revenue collection
NEM Insurance Assets Reach N165.46bn in Q3 2025
NEM Insurance Plc strengthens market leadership with N165.46bn assets in Q3 2025. Insurance revenue surges 55% to N107.44bn. Discover how they achieved this remarkable growth.
Lagos trains health workers on SGBV forensic care
Lagos State Ministry of Health has trained senior doctors and health workers on forensic evidence collection and timely clinical management for SGBV survivors to strengthen justice delivery and survivor-centred care.
FIRS Offers Partnership Opportunities to Universities
FIRS Chairman Dr Zacch Adedeji proposes collaboration with Nigerian universities to drive innovation and economic resilience. Discover how academia can bridge the tax gap.
Top DisCos Collect ₦565bn in Electricity Bills
NERC report reveals Eko, Ikeja, and Abuja DisCos recorded highest bill collection rates in Q2 2025. Customers paid ₦565 billion amid metering challenges.
FIRS Names Xpress Payment as Official TSA Agent
Federal Inland Revenue Service appoints Xpress Payment Solutions as TSA collecting agent. Taxpayers can now remit Company Income Tax, VAT via TaxPro Max platform. Read more.
Reps Probe Billions Lost in Oil, Agriculture, Properties
The House of Representatives launches a major investigation into massive revenue leakages in Nigeria's oil sector, Anchor Borrowers' Programme, and over 11,000 abandoned federal properties valued at N20 trillion.
Reps Panel Vows to End Oil Revenue Leakages
House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.
Ex-Commissioner Questions Abia's N30bn Monthly Revenue
Former Abia finance commissioner Obinna Oriaku demands transparency from Governor Alex Otti over N30bn monthly allocations. Read the full financial controversy.
Ebonyi ranks lowest in 2025 FAAC payouts
Ebonyi State received the lowest FAAC allocation of ₦112.19B between January-August 2025, highlighting Nigeria's revenue imbalance. Discover the states that got the most and least.
Lagos residents protest irregular PSP waste collection
Lagos residents raise alarm over irregular PSP waste collection, forcing households to burn refuse or dump in gutters. Health and environmental concerns mount across communities.
ASUU rejects FG's claim on education funding shortage
ASUU's Bauchi zone refutes Federal Government's paucity of funds claim, revealing 70% revenue increase. Union demands urgent action to avert university crises. Read full details.
FIRS Boss Urges Revenue Diversification for Nigeria
FIRS Chairman Dr. Zacch Adedeji declares revenue diversification a national imperative, calling for broad-based, tech-enabled tax system. Read his vision for economic resilience.
Lanre DaSilva Celebrates 20 Years of Fashion Excellence
Lanre DaSilva Ajayi celebrates two decades in fashion with her SS26 Anniversary Collection showcase in Lagos on November 16th. Discover the fusion of African heritage and vintage glamour.
Senate Orders NNPCL to Refund N210 Trillion
Nigerian Senate demands NNPCL refund N210 trillion in unaccounted funds after CEO snubs hearing. Auditor-General's report reveals massive financial discrepancies from 2017-2023 operations.
98.8% PVCs Collected for Anambra Election - INEC
INEC reveals impressive 98.8% PVC collection in Anambra as voters prepare for crucial governorship election. Get the latest updates on election preparedness.
Nollywood's Money Secrets: How Films Really Profit
Discover the surprising business models and revenue streams that power Africa's largest film industry beyond just cinema tickets and streaming deals.
Nigeria Lost $300B to Oil Theft - Senate Probe
Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.
FG Appoints Nwabueze as Nigeria's Tax Ombudsman
Federal Government appoints Dr. Nwabueze as Tax Ombudsman to resolve taxpayer grievances and improve tax administration in Nigeria.
INEC Meets Parties as Anambra PVC Collection Hits 63.9%
INEC Chairman Prof. Mahmood Yakubu engages Anambra political stakeholders ahead of governorship election with significant PVC collection progress reported across the state.
Transcorp Records 39% Revenue Growth in Nine Months
Transnational Corporation of Nigeria (Transcorp) has announced impressive financial results, recording a massive 39% revenue growth to N123 billion in the first nine months of 2023, signaling strong recovery and strategic success.
Tinubu appoints new FIRS chairman for tax reform
President Bola Tinubu appoints Dr. Oluwatoyin Madein as new FIRS chairman in major tax administration overhaul to boost revenue generation.
Spotify Hits 713M Users, Revenue Reaches €4.3B
Music streaming giant Spotify continues its impressive growth streak, adding 10 million premium subscribers and reaching new revenue milestones despite market challenges.
Apapa Customs Hits ₦304bn Revenue Record in October
Nigeria Customs Service, Apapa Command achieves historic revenue milestone, collecting over ₦304 billion in October 2023 - the highest monthly collection in its history.
Petrol May Hit ₦1,163/Litre in New FG Plan
Nigerians brace for tougher times as the Federal Government's new petrol tariff could push pump prices to unprecedented levels while aiming to generate massive revenue.
Desiree Iyama's 2025 Holiday Fashion Collection Revealed
Nigerian fashion designer Desiree Iyama unveils stunning 2025 holiday collection featuring luxurious fabrics, intricate embroidery, and vibrant colors perfect for the festive season.
Nigeria loses N6tr yearly to opaque oil deals - NEITI
Shocking revelations emerge as transparency watchdogs warn Nigeria is bleeding trillions through opaque oil incentives and questionable subsidy payments that lack proper documentation.
Alphabet Hits $100B Quarter as AI Fuels Record Growth
Alphabet Inc., Google's parent company, has achieved a historic milestone by generating over $100 billion in quarterly revenue for the first time, driven by massive AI integration across its services.
FIRS Deepens Stakeholder Collaboration on Tax Reforms
Federal Inland Revenue Service intensifies collaboration with key stakeholders to drive comprehensive tax reforms, enhance revenue generation and boost economic development across Nigeria.
Gombe School Census Targets Education Reform
Gombe State government initiates comprehensive school census to identify and solve critical educational challenges, from infrastructure gaps to teacher shortages.
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