FAAC shares N733.095bn June 2021 revenue to FG, States, LGs

FAAC shares N733.095bn June 2021 revenue to FG, States, LGs

The Federation Accounts Allocation Committee (FAAC) has shared a total of N733.095 billion as June 2021 Federation Account Revenue to the Federal, States and Local Governments Councils.

Lagos govt invests N103bn to boost MSMEs

Lagos govt invests N103bn to boost MSMEs

The Lagos State Government has invested N103 billon into the provision of infrastructure to provide downstream contracts for Micro, Small and Medium Enterprises (MSMEs), Gov Babajide Sanwo-Olu said on Tuesday.

Rail transport generates N5.79bn from 2019 – NBS

Rail transport generates N5.79bn from 2019 – NBS

Rail transportation in Nigeria generated N5.79 billion between 2019 and Quarter One of 2021 (Q1, 2021), the National Bureau of Statistics (NBS) has said.

We’ve raised state IGR by N15bn in 2 years - Makinde

We’ve raised state IGR by N15bn in 2 years - Makinde

Gov. Seyi Makinde of Oyo says his government has increased the state’s Internally Generated Revenue (IGR) by close to N15 billion without raising taxes in the first two years.

NGX Equities market rebounds with N30bn gain

NGX Equities market rebounds with N30bn gain

Transactions on the equities market of the Nigerian Exchange Group (NGX) closed in the positive territory on Wednesday as investors gained N30 billion, making the market capitalization close at N20.099 trillion as against N20.069 trillion on Tuesday. 

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