Budget and Revenue

Adamawa Revises 2025 Budget to Fund NYSC Camp, Infrastructure, and Other Projects Amid Rising Costs

Adamawa Revises 2025 Budget to Fund NYSC Camp, Infrastructure, and Other Projects Amid Rising Costs

Adamawa State has revised its 2025 budget, reallocating ₦22.8 billion within the existing ₦486.2 billion envelope to fund emerging priority… Read More

1 week ago

Oando to Seek Shareholder Permission to Raise Additional N500m Capital at 46th AGM

Oando Plc is expected to seek shareholders' authorisation to raise additional capital of up to N500billion or its foreign currency equivalent… Read More

2 weeks ago

British Chancellor Rachel Reeves Shelves Changes to Cash Individual Savings Accounts Taxation Rules Amid Backlash

British Chancellor of the Exchequer, Rachel Reeves, has decided to temporarily shelve changes to the rules surrounding cash Individual Savings… Read More

3 weeks ago

Kenya Revenue Authority Collects Record KES 2.57 Trillion Tax in 2024/25 Fiscal Year

The Kenya Revenue Authority (KRA) has reported a record collection of  KES 2.571 trillion for the 2024/25 fiscal year. This… Read More

3 weeks ago

Nigeria’s FAAC Allocations Hit N1.79 trillion in Q1 2025

Nigeria’s Federation Account Allocation Committee (FAAC) disbursements in Q1 2025 showcased significant growth, with total FAAC allocation reaching N1,796.5 billion,… Read More

4 weeks ago

Macroeconomic Watch: Current Account Surplus Slips 1.8% as Remittances and Income Inflows Falter

Nigeria recorded a current account (CA) surplus of $3.7 billion in Q1 2025, a 1.8% drop quarter-on-quarter despite a modest… Read More

4 weeks ago

Multichoice Revenue Declines by 9% in 24/25 FY Following Massive Subscriber Loss

South African pay television company MultiChoice Group has recorded a 9% decline in YoY revenue for the Financial year ending… Read More

2 months ago

Airtel Africa Delivers 21.1% Constant Currency Revenue Growth Despite Currency Headwinds

Airtel Africa has reported a 21.1% year-on-year increase in revenue in constant currency terms for the financial year ending March… Read More

2 months ago

Chad Agrees New $630m Financing Deal With IMF

Chad has reached an agreement with the International Monetary Fund (IMF) on terms for a four-year financial support programme worth… Read More

2 months ago

Joint Tax Board Hikes Fees for Driver’s Licences and Number Plates from June 8

In a move set to impact millions of road users across Nigeria, the Joint Tax Board (JTB) has announced a… Read More

3 months ago