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: revenue mobilization
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.
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.
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.
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.
Women Group Backs Tinubu's Second Term Bid
APC women's group declares President Tinubu's economic revival and women inclusion will guarantee 2027 victory. Massive mobilization begins across Ondo State.
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.
Venezuela Mobilizes 200K Troops Amid US Navy Buildup
Venezuela launches massive military mobilization of 200,000 soldiers in response to US aircraft carrier deployment near Latin America. Tensions escalate as both nations prepare for potential conflict.
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.
Osun Christians Mobilize for APC in 2026 Election
A prominent Christian forum in Osun State announces strategic mobilization of Christian voters to support APC in the 2026 gubernatorial election, signaling potential political realignment.
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.
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.
NYSC War on Certificate Fraud Exposes Fake Graduates
The National Youth Service Corps cracks down on data manipulation in graduate mobilization with enhanced verification systems targeting fraudulent credentials.
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.
Ohanaeze Fights Voter Apathy in Anambra 2025
Ohanaeze Ndigbo launches groundbreaking campaign to mobilize Southeast voters for Anambra 2025 elections. Discover their youth-focused strategy to combat political disengagement.
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.
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.
Airtel Africa Profit Soars to $376M on Data Surge
Airtel Africa reports impressive 11% subscriber growth and $376 million profit, driven by massive data consumption increases across its African markets.
NB Hits ₦1.04 Trillion Revenue in 9 Months
Nigerian Breweries Plc achieves unprecedented financial performance with ₦1.04 trillion revenue in nine months, showcasing remarkable growth despite economic challenges.
21 Nigerian States Rely on FAAC for 70%+ Revenue
New fiscal data reveals alarming dependency on FAAC allocations across 21 Nigerian states, raising concerns about economic sustainability and governance.
PSG posts record €871M turnover in Champions League win
Paris Saint-Germain announces unprecedented €871M revenue while clinching Champions League glory, marking their most successful campaign financially and competitively.
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