Category : Search result: Federation Account revenue loss

Hotel Owner Saved from Suicide After Fire Destroys Naira Multi-Million Investment in Suleja

Suleja Hotel Owner Saved from Harm After Devastating Fire

A devastating fire destroyed the popular Abagbo Garden and Hotel in Suleja, Niger State. Owner Sunday Agbo, facing massive losses, was prevented from self-harm by neighbours. Read the full story of the tragedy and community intervention.

Kano Furniture Market Fire: Traders Lose Millions in Sabuwar Lale Blaze

Fire Destroys Sabuwar Lale Furniture Market in Kano

A devastating fire has razed the Sabuwar Lale furniture market in Kano, destroying dozens of shops and goods worth millions of naira. Traders are counting losses and pleading for government assistance. Read the full report.

Drake Loses N296 Million Bet on Jake Paul vs Anthony Joshua Fight

Drake loses N296m bet on Jake Paul vs Joshua

Canadian rapper Drake lost a massive N296 million bet after Anthony Joshua knocked out Jake Paul in Miami. Netizens react to the infamous 'Drake Curse' striking again.

Nigerian Mother Empties Bank Account for Daughter's Flight Over Kidnapping Fears

Mother Spends All Savings to Fly Daughter Over Kidnapping

A Nigerian mother made the ultimate sacrifice, draining her bank account to buy a flight ticket for her daughter, fearing road travel due to rampant kidnappings. Her story highlights the daily terror many face. Read her emotional plea for safety.

Tottenham's Thomas Frank Admits 'No Quick Fix' After Forest Loss

Frank: No Quick Fix for Spurs' Struggles

Tottenham boss Thomas Frank insists he retains board support but admits there's no quick solution to the team's poor form. Spurs sit 11th ahead of Liverpool's visit.

EKIRS Debunks Rumours: No Bank Account Freeze Over TIN from Jan 1, 2026

EKIRS: No Account Freeze Over TIN in New Tax Reform

The Ekiti State Internal Revenue Service clarifies that the new tax reforms will not freeze accounts without TIN. Chairman Olaniran Olatona urges calm, stating the goal is fair taxation, not hardship. Read more.

Pfizer Shares Drop 3.8% as Tepid 2026 Outlook Signals Challenging Transition

Pfizer Shares Fall on Weak 2026 Profit Outlook

Pfizer shares tumbled after the drugmaker projected flat revenues and lower profits for 2026, citing declining Covid-19 sales and heavy investment in new products like weight-loss drugs.

Federation Account Hits N23.06 Trillion in 10 Months, RMAFC Reports

Federation Account Hits N23trn in 10 Months

Revenue inflows into Nigeria's Federation Account surged to N23.06 trillion in the first ten months of 2025, driven by fiscal reforms and digital tracking. Learn about the growth and the new tax law.

Lagos Loses N3.8 Trillion Yearly to Traffic: Can Tech Save the Day?

N3.8tr Loss: Lagos Traffic Crisis and Tech Solutions

Lagos traffic costs the economy N3.8 trillion yearly. As Yuletide approaches, experts push for tech-driven solutions like e-Call-Up systems and mass transit to salvage the situation. Read more.

FAAC Revenue Drops by N428bn in November, FG, States, LGs Share N1.93trn

FAAC Revenue Falls by N428bn, N1.93trn Shared

FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.

Federation Account Receives N66.42 Trillion Inflows in 3 Years, RMAFC Reveals

N66.42tr Hits Federation Account in 3 Years

Nigeria's Federation Account gross inflows hit N66.42 trillion from 2023 to Oct 2025, driven by fiscal reforms. RMAFC Chairman cites economic progress despite citizens' concerns. Read full analysis.

Nigerian Man Exposes N10M in VeryDarkMan's NGO Account, Defends Him Against Harrison Gwamnishu

Man Reveals VDM's NGO Balance Amid Harrison Gwamnishu Feud

A Nigerian man, Charles Obinwanne Don, shares the N10 million balance in VeryDarkMan's NGO account, defending the activist against claims of jealousy towards Harrison Gwamnishu. Get the full story on the social media drama.

Supreme Court Dismisses Osun's Suit on LG Funds, Criticizes FG's Inaction

Supreme Court Dismisses Osun Suit on LG Funds

The Supreme Court has struck out Osun State's suit to compel FG to release LG funds, citing lack of locus standi. Read the full details and implications of the judgment.

11 DStv Channels Face Removal by 2026 as MultiChoice, Warner Bros Deal Expires

11 DStv Channels May Vanish in 2026 Over Deal

MultiChoice confirms 11 channels, including CNN and Cartoon Network, could be removed from DStv by Dec 31, 2025, if a new deal with Warner Bros. isn't reached. Learn the full list and alternatives.

How to Block Your Union Bank Account Fast: USSD, App & Customer Care

Fast Ways to Block Your Union Bank Account

Learn the quickest methods to block your Union Bank account using USSD *826*6#, the UnionMobile app, or customer care. Protect your funds instantly during emergencies.

Nigeria Loses $363m Yearly to EU Beans Ban: Pesticide Crisis Exposed

Nigeria loses $363m yearly to EU beans ban

Nigeria loses over $360m annually due to the EU ban on dried beans exports, caused by dangerous pesticide levels. Stakeholders demand urgent agricultural reforms and seed preservation.

Nigerian Govt Clarifies TIN Rules: Personal Bank Accounts Not Affected Unless Used for Business

TIN Not Mandatory for Personal Bank Accounts - FG

The Federal Government clarifies that Tax Identification Numbers are only required for personal bank accounts used for business transactions. Learn the new rules before the January 2026 deadline.

Nigerian Barber's Dream Shop Demolished After Huge Investment:

Barber's Shop Demolished After Huge Investment

A Nigerian businessman's fully-equipped barbing salon was demolished after months of work, leaving him devastated. He blames a terrible access road and a difficult landlord.

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