FAAC shares N673.137bn August revenue to FG, States, LGs

FAAC shares N673.137bn August revenue to FG, States, LGs

The Federation Account Allocation Committee (FAAC) has shared a total sum of N673.137 billion August 2022 Federation Account Revenue to the Federal Government, States and Local Government Councils.

36 states grow IGR by N360b in 2 years

36 states grow IGR by N360b in 2 years

The 36 states of the federation grew their combined Internally Generated Revenue (IGR) by N360 billion in two years.

Equity market rebounds by 29bn

Equity market rebounds by 29bn

Bullish sentiment returned to the equity market on Thursday, following investors’ interest in Union Bank and United Bank for Africa (UBA) and the first gain of the week.

Retail price for petrol stood at N189.46 in August 2022 - NBS

Retail price for petrol stood at N189.46 in August 2022 - NBS

The National Bureau of Statistics (NBS), says the average retail price paid by consumers for Premium Motor Spirit (Petrol) for August 2022 was N189.46.

VAT for Q2 stood at N600.15bn - NBS

VAT for Q2 stood at N600.15bn - NBS

The National Bureau of Statistics (NBS), says the aggregate Value Added Tax (VAT) was reported at N600.15 billion for Q2 2022.
This is according to the VAT Q2 2022 Report released in Abuja on Saturday.

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