…out of which N160.74bn was deducted as cost of collection, while N1.79tn was recorded as transfers and refunds. The committee reported a sharp increase in statutory revenue during the month. According to the communiqué, gross statutory revenue rose to N3.7tn in June from N2.65tn in May, an increase of N1.05tn. Gross VA…
…Ronaldo's Saudi club, Al Nassr, is reportedly facing a financial crisis that has halted transfers and delayed salary payments. According to a report in Al-Riyadiyah, several first-team players received their June salaries in instalments, while the club's hierarchy has been working to settle the upcoming outstanding amo…
…total capital outflows rose significantly in February, driven largely by higher capital transfers and increased loan repayments. According to the CBN, “Capital outflows increased, mainly on account of higher capital transfers in the review period. Total capital outflow rose to $2.75bn, from $1.63bn in the preceding mon…
…the world. Vanguard News The post I never planned “Here we go” catchphrase for football transfers — Fabrizio Romano appeared first on Vanguard News.
…Putellas, in what is being widely described as one of the biggest and most historic transfers in WSL history. The Spain international signed a three-year contract after leaving FC Barcelona Femení, ending a glittering 14-year spell during which she won 38 major trophies, including 10 league titles and four UEFA Women’s…
…19% of the unbanked population]. Lower remittance costs, cheaper mobile money transfers, and access to more stable stores of value can have a meaningful economic impact. What differentiates us is that institutions do not need to adopt our blockchain specifically to work with us. We can integrate with almost any existin…
…did roll out palliatives to soften the blow. These included conditional cash transfers, compressed-natural-gas buses, grains and fertiliser interventions, food-distribution efforts, student-loan promises, MSME support schemes, business loans and other social-intervention packages. Yet for most citizens, the measures we…
…evidence in support of the claim," he said. Oyedele also clarified that statutory transfers, debt service obligations, first-line charges and intervention mechanisms established by Acts of the National Assembly formed part of Nigeria's public finance framework. He listed statutory allocations to development commissions…
…said. His primary argument rested not on a new revenue mechanism but on existing federal transfers. He pointed to what he described as record levels of federal allocations to states under the Tinubu administration and suggested that governors could redirect part of those funds to policing. "It wouldn't be out of place…
…funding base. Fintechs can earn a transfer fee on customer accounts. At least ₦10 on transfers between ₦5,000 and ₦50,000, and ₦50 on those above ₦50,000, and interest income on loans. /* ========================================= BULLETPROOF MOBILE-FIRST CSS ========================================= */ #tc-revenue-armo…
…also known as Mukhtar Adamu Muhammad, of facilitating financial transactions and money transfers on behalf of the Islamic State West Africa Province (ISWAP), the West African affiliate of the Islamic State terrorist group. OFAC also sanctioned Nine To Nine Exchange Bureau De Change Limited, Generation Currency Bureau D…
…to ten percent (10%) or more of the total share capital, as well as any series of share transfers which in aggregate exceed ten percent (10%) of the total share capital of the Licensee shall require a Letter of No Objection from NCC in order for the changes to be effected and registered with the CAC." "By this measure,…
…telecommunications operators to obtain prior approval before carrying out share transfers involving 10% or more of their total share capital, a move aimed at strengthening oversight of ownership changes in one of Nigeria's most strategic sectors.
The requirement is designed to preserve a fair and competitive market structure within the communications sector.
…can be registered by the CAC. They added that the rule also applies to multiple share transfers which, when combined, exceed the 10 per cent threshold. According to the statement jointly signed by NCC Director of Public Affairs, Nnenna Ukoha, and CAC Head of Public Affairs, Rasheed Mahe, the directive is backed by prov…
…governance for over two decades, witnessed multiple elections, experienced peaceful transfers of power between ruling and opposition parties, and maintained a relatively vibrant civil society and media environment. These are important achievements that should not be overlooked. However, if the benchmark is responsive g…
…already this summer. Madrid brought in Bernardo Silva and Ibrahima Konate on free transfers, and spent 55 million euros on Chelsea defender Marc Cucurella. After going two consecutive seasons without lifting a major trophy, record 15-time Champions League winners Madrid are remodelling their squad. AFP
…loan amounts without adequate documentation. The commission also reported irregular transfers of public funds to certain financial institutions, noting that some transactions lacked sufficient records to establish their legitimacy. Governor Alia had in 2024 established two separate panels to investigate the administrat…
…records. According to the commission chairman, investigators further traced irregular transfers of public funds to certain financial institutions where documentation and proof of legitimacy were either insufficient or unavailable. He said the commission advised that appropriate recoveries be pursued where necessary. Id…
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