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FG, States, LGs share N1.358 trillion for July

by Ron Morgan
FG, States, LGs share N1.358 trillion for July

The Federation Accounts Allocation Committee (FAAC) has shared N1.358 trillion among the federal government, states and local government councils (LGCs) for July. This is contained in a communique issued after …

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UK election 2024: Starmer sets out Labour’s economy-focused campaign manifesto

by Walter Watson
UK election 2024: Starmer sets out Labour’s economy-focused campaign manifesto

Britain’s opposition leader Keir Starmer said voters had the chance to “turn the page decisively” on 14 years of “Conservative chaos” as he set out Labour’s plan for government. Launching …

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Post-Brexit, thousands of shoppers swapped London for Paris, Milan and Madrid for ‘tourist tax’

by Walter Watson
Post-Brexit, thousands of shoppers swapped London for Paris, Milan and Madrid for ‘tourist tax’

The 34,000 tourists who have shifted their tax-free shopping from Britain have also ramped up their spending from an average of €2,900 (US$3,622) per person in 2019 to €3,800 in …

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Reps panel queries Accountant General’s office for payment to Remita

by Ron Morgan
Reps panel queries Accountant General’s office for payment to Remita

The House of Representatives Public Accounts Committee (PAC) has queried the payment of N15 billion to Remita, a payment platform, from the Office of the Accountant General for the Federation …

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Reps panel queries banks over N11.632trn FG revenue

by Ron Morgan
Reps panel queries Accountant General’s office for payment to Remita

The House of Representatives has queried Access Bank, Citi Bank, Ecobank and Fidelity Bank over N11.632 trillion revenue collected on behalf of the federal government through the REMITA platform between …

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