Finance

First Bank named Nigeria’s strongest brand in 2026 by Brand Finance

First Bank named Nigeria’s strongest brand in 2026 by Brand Finance

First Bank, West Africa’s premier financial institution and financial inclusion service provider, has been recognised as the strongest brand in Nigeria in the “Nigeria 25 2026” ranking by Brand Finance, a leading independent brand valuation and strategy consultancy. The Bank achieved an AAA+ rating, the highest possible distinction, underscoring its unmatched brand strength and leadership […]
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North central zone stakeholders propose 35% revenue allocation to states

North central zone stakeholders propose 35% revenue allocation to states

Majority of the states in the North central zone, on Thursday, proposed a 39: 35: 26 per cent revenue sharing formula for the three tiers of government in the country. The States made their positions known at a one-day North Central Zonal public hearing on the review of the current Revenue Allocation Formula (RAF), organised […]

2022 budget: Kaduna Govt targets N24.9 bn VAT, N67bn IGR

2022 budget: Kaduna Govt targets N24.9 bn VAT, N67bn IGR

Governor Nasir El-Rufai of Kaduna State, says the state expects an internally generated revenue of N67.26 billion and N24.9 billion Value Added Tax (VAT) which will be used to partly finance the state’s 2022 budget of N233 billion. The governor made the disclosure while presenting the 2022 draft budget to the State House of Assembly […]

FG generates 73% of its targeted revenue for 2021

FG generates 73% of its targeted revenue for 2021

Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the Federal Government has generated N3.93 trillion, being 73 per cent of its targeted N7.9 trillion revenue for 2021. She made the disclosure on Friday in Abuja, at the Public Presentation and Breakdown of the Federal Government 2022 Appropriation Bill. The News Agency […]