…the judiciary has generated a total of N437,451,035.35 in the 2025/2026 legal year as revenue, exceeding the N97.5m budgetary estimate. Justice Obot, who disclosed this in Uyo on Tuesday while declaring the 2026/2027 Legal Year open, reported that the returns for the year exceeded 90 per cent across all courts. She als…

…sovereign borrowing.The Federal Government has maintained that no crude oil revenues or strategic national assets were pledged as collateral for the facility.Tinubu's government borrows more as Nigeria's 2026 budget carries a N31.46trn deficit. Photo: DMOpublic debt crosses N166 trillionThe rise in external borrowing h…

…laments poor remuneration Lizzy explained that creators receive about 80 per cent of the revenue while the platform takes the remaining 20 per cent.PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!She also pointed out that premium platforms such as OnlyFans and AllAccess offer opportunit…

…borrowing would finance productive investments capable of generating jobs, increasing revenue and supporting sustainable economic growth. “The proposed additional $1.5 billion should be assessed against its purpose, cost, repayment terms and, most importantly, whether it will finance productive investments that generat…

…meant to close that gap, unlock commercial and industrial demand, and strengthen DisCos’ revenue and collections. He also expressed the Federal Government’s commitment to building up infrastructure in high-demand areas to ensure that supply keeps pace with estimated demand in the growing economy. In attendance were the…

…The opposition political party slammed the continued borrowing despite increased revenues following the removal of petrol subsidy, arguing that the policy had instead coincided with a weaker naira, declining purchasing power and pressure on the productive sector. According to the APM, Nigerians had endured rising taxes…

…a 33 per cent increase in profit after tax, to N7.2tn in 2025, despite a decline in revenue amid falling crude oil prices and reduced product volumes. The Group Chief Executive Officer of NNPC Limited, Bayo Ojulari, disclosed this on Tuesday in Abuja during a media interaction to present the company’s 2025 audited fina…

…earnings and essential imports. Economic resilience means stronger production, broader revenue, and less vulnerability to shocks beyond its control. Diplomatic credibility is built from these domestic choices. A country confronting insecurity, poverty, and a punishing cost of living can still argue for a fairer world,…

…and tender fees, which the audit report said was not remitted to the Consolidated Revenue Fund as required by government regulations. According to the report, “the sum of N2,771,731,464.25, being proceeds from the sale of bid documents and tender fees during the bidding process, was not remitted to the CRF, as required…

…of God and love for all.” Oyebamiji also commended Oyetola for boosting the nation’s revenue profile and turning around the financial fortunes of Nigeria in the maritime sector, describing the astronomical transformation as unprecedented in the history of the country.See more Punch stories on Google.Add Punch on Google…

…and development needs. Bagudu, who called for a broader national conversation on revenue mobilisation, said the country must consider how to expand its fiscal space to fund development and achieve its long-term economic aspirations. He spoke at the Senate Press Corps Capacity-Building Workshop in Abuja, organised with…

…during the visist that the conglomerate generated approximately $17 billion in revenue during the first half of 2026 and is on course to achieve a record $36 billion in revenue for the full year, representing a 100 per cent increase over the $18 billion recorded in 2025. “The revenues of the Group have grown significan…

…effectively. “If it’s concessionary and tied to viable projects with medium-term revenue prospects, I don’t think it’s a bad idea,” Abimbola explained. “Borrowing isn’t bad; what matters is utilisation.” He stressed that the economic impact of such loans depends on how well they are channelled into projects that can ge…

…him, the bond programme cannot succeed on its own without improvements in market policy, revenue assurance, reduction in technical and commercial losses, efficiency and accountability across the electricity ecosystem. The Minister also said the transaction demonstrated the ability of the Federal Government to use Niger…

…Nigeria's maritime and riverine areas, which have continued to drain the nation's oil revenue and damage the environment in host communities," the security source said. by Linda Ikeji at 15/09/2026 5:42 AM | Share this Story

…for human captivity can be disrupted. Borno: where captivity is a source of enormous revenue In Borno State, the scale of mass abductions shows how kidnapping can move from individual extortion to organised financing for armed groups. About 360 of the 416 residents of Ngoshe in Gwoza Local Government Area, mostly women…

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has reaffirmed its commitment to strengthening integrity, transparency, accountability and ethical conduct in the discharge of its constitutional responsibilities. The Chairman of the Commission, Dr Mohammed Bello Shehu, stated this at the opening of a f…

…intervened with direct financial support until the agency could generate sufficient revenue to sustain its operations. He noted that Tinubu signed the Nigeria Data Protection Act shortly after assuming office in 2023, providing the commission with the legal authority to protect the privacy and personal data of Nigerian…

…from whether to restore subsidies to how governments at all levels are deploying the revenues freed by their removal.He said:"The issue is increasingly one of fiscal accountability and expenditure quality. Federal, state and local governments must demonstrate transparently how the additional fiscal resources arising fr…

THE Joint Revenue Board (JRB) has urged states yet to enact the Model Harmonised Taxes and Levies Law to expedite action, saying a more uniform tax system is critical to eliminating multiple taxes and levies. The post JRB calls on states to streamline tax administration appeared first on Tribune Online.

NASD Plc is repositioning its business beyond traditional securities trading as it seeks to convert a sharp expansion in market activity into stronger earnings and sustainable long-term value for shareholders. The post NASD eyes new revenue streams as trading surges 371 percent appeared first on Tribune Online.

…and propaganda. It has become imperative to state clearly that increased federal revenue does not automatically translate into unlimited resources for state governments. During Ortom’s administration, many of his fellow governors who were willing to perform had to make the most of what they received from the Federation…

…a federal university problem. It exposes a wider contradiction between the enormous revenues government celebrates and the deteriorating public services Nigerians actually experience. You cannot boast about record allocations while students sit at home because lecturers are on strike. You cannot celebrate higher revenu…

…Nigeria’s oil production has remained a major focus of government efforts to increase revenue, improve foreign exchange earnings and strengthen the country’s ability to meet its OPEC production quota.

…taxes would work,” he said. Amaeshi argued that efforts by government to increase tax revenues would remain limited unless citizens were convinced that their contributions were being used responsibly. He said Nigeria was facing both low tax morale and low tax compliance, stressing that aggressive enforcement alone coul…