1. FULL LIST: Internally Generated Revenue by states, FCT in 2022
The National Bureau of Statistics, on Monday, said a total of N1.93 trillion was generated across the 36 states in Nigeria, including the Federal Capital Territory in 2022 Internally Generated Revenue… Read more
Source: https://punchng.com/full-list-internally-generated-revenue-by-states-fct-in-2022/
2. FX Pressure: $10bn inflow coming in weeks-Finance Minister
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun yesterday said that the economy will receive $10 billion in foreign exchange inflows in the next few weeks to ease liquidity pressure in the foreign exchange market… Read more
Source: https://www.vanguardngr.com/2023/10/fx-pressure-10bn-inflow-coming-in-weeks-finance-minister/
3. Africa’s millionaires to hit 195,000 by 2032 – Report
The population of Africa’s millionaires is estimated to hit a significant growth of 195,000 by 2032… Read more
Source: https://www.vanguardngr.com/2023/10/africas-millionaires-to-hit-195000-by-2032-report/
4. Fuel price rises 226.75% to N626.21 per litre — Report
The price of Premium Motor Spirit, otherwise known as petrol increased year-on-year, YoY, by 226.75 per cent to N626.21 per litre in September 2023, from N191.65 per litre, recorded in the corresponding period of 2022… Read more
Source: https://www.vanguardngr.com/2023/10/fuel-price-rises-226-75-to-n626-21-per-litre-report/
5. Fidelity Bank to hold trade expo in Texas
Fidelity Bank Plc has said the second edition of the Fidelity International Trade and Creative Connect tagged, FITCC Houston, will hold in Houston, Texas in the United States of America… Read more
Source: https://punchng.com/fidelity-bank-to-hold-trade-expo-in-texas/
6. FRC advocates improvement in Governance, Risk, Compliance activities
The Financial Reporting Council, FRC has called on firms to improve integrated Governance Risk and Compliance activities in the operations… Read more
7. TAXES: Wike reads riot act to Abuja residents, companies
Nyesom Wike, Minister of the Federal Capital Territory FCT, on Monday, ordered the enactment of the 2015 Personal Income Tax and FCT Internal income Service Acts as part of measures to increase the territory’s income profile… Read more
Source: https://www.ripplesnigeria.com/taxes-wike-reads-riot-act-to-abuja-residents-companies/
8. States, FCT grow IGR by 1.6% to N1.9 trn in 2022
The National Bureau of Statistics, NBS, said the 36 states and the Federal Capital Territory (FCT) recorded a 1.6 per cent year-on-year growth in Internal Generated Revenue, IGR, to N1.92 trillion 2022 from N1.89 trillion in 2021… Read more
Source: https://www.vanguardngr.com/2023/10/states-fct-grow-igr-by-1-6-to-n1-9-trn-in-2022-2/
9. Bankers, regulators advocate blacklisting of financial criminals
Stakeholders in the financial sector have released a communique that will ensure the blacklisting of criminals in the financial sector… Read more
Source: https://punchng.com/bankers-regulators-advocate-blacklisting-of-financial-criminals/
10. Nigeria records 33.58% reduction in fuel consumption, says NMDPRA boss
THE Chief Executive Officer of Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, Farouk Ahmed, yesterday, said that industry deregulation has actually seen a 33.58 per cent reduction in fuel consumption of Nigerians… Read more
