A total sum of N1.969 trillion, being the December 2025 Federation Account revenue, has been shared among the Federal Government, states and local government councils. This...
The Federal Government has directed all banks and fintechs to collect and remit 7.5 per cent value-added tax on certain electronic banking services, effective Monday, January...
Following the implementation of the Tax Act, banks will start charging senders a N50 stamp duty on electronic transfers of N10,000 and above from January 1,...
The federation account allocation committee (FAAC) shared a sum of N1.92 trillion in November to the federal government, states and the local government councils. According to...
The Federation Account Allocation Committee (FAAC) has allocated a total of N2.094 trillion to the Federal Government, state governments, and local councils as revenue for October...
The Federation Account Allocation Committee (FAAC) has distributed a total of N2.103 trillion among the Federal Government, States, and Local Government Councils as revenue for September 2025. The allocation was finalized...
The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.818 trillion in revenue for June to the Federal Government, state governments, and Local Government Councils. This was disclosed in...
The Federation Account Allocation Committee (FAAC) has distributed a total of N1.681 trillion among the federal, states, and local governments for the month of April 2025....
More than nine months after the Supreme Court directed that local government allocations be paid directly to their accounts, the Federal Government has continued to channel...
The Federation Account Allocation Committee (FAAC) has announced the disbursement of N1.578 trillion to the Federal Government, states, and Local Government Councils (LGCs) as revenue for...
