revenue

FAAC: FG, States, LGs share N966bn 

FAAC: FG, States, LGs share N966bn 

The Federation Account Allocation Committee (FAAC) has shared the sum of N966.110 billion July  Federation Account Revenue to the Federal Government, States and Local Councils.   
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Twitter sees surge in users; revenue slides amid turmoil

Twitter sees surge in users; revenue slides amid turmoil

Twitter said Thursday user growth soared in the past quarter even as ad revenues took a hit amid civil unrest in the United States. The short-messaging service reported a net loss of $1.2 billion in the quarter, most of that coming from setting aside funds for income taxes. Revenue slumped 19 percent from a year […]

Reps begin investigation to identify, block $30bn annual revenue leakage

Reps begin investigation to identify, block $30bn annual revenue leakage

The House of Representatives has commenced investigations to identify and block revenue leakages that cost Nigeria in excess of $30 billion annually. The investigative hearing which began on Monday in Abuja, was organized by the joint house committees on Finance, Banking and Currency. The Speaker of the house, Rep. Femi Gbajabimila, said that Nigeria is […]

How  Ex-warlord, Tompolo’s maritime security contract boosted NIMASA’s revenue – Jamoh

How Ex-warlord, Tompolo’s maritime security contract boosted NIMASA’s revenue – Jamoh

More than five years after the termination by the Nigerian Maritime and Safety Agency (NIMASA), of maritime security contract it entered with Global West Specialist Vessels Limited, a company said to be sponsored by ex-warlord, Chief  Government Ekpemupolo, ( aka Tompolo),  the agency’s new Director General,  Dr. Bashir Jamoh, has testified that the contract actually […]

Bayelsa IGR rises to N1.2bn in March

Bayelsa IGR rises to N1.2bn in March

The Bayelsa Government on Saturday said it generated N1.2 billion as Internally Generated Revenue (IGR) in the month of March 2020, highest in the last one year, up from N848.9 million generated in February 2020, Mr Timipre Seipulou, the Technical Assistant to the Governor on Treasury, Account and Revenue, gave the figure in Yenagoa, during […]