…wealth stems primarily from her role as CEO of Key Influencer Agency, which generates revenue through talent management contracts and brand partnerships, alongside income from Molliebird's swimwear sales.Note: this figure comes from a single source and should be treated as an estimate. No verified figures from Forbes o…
…harness its legitimate medicinal and industrial potential, create jobs, generate revenue, and build an industry Nigerians can benefit from.You cannot burn your way out of poverty, foolish people!'' by Linda Ikeji at 18/08/2026 7:25 AM | Share this Story
…he added. The Governor further said, “I must also confess that we are generating more revenue during this period of governance, and we are ensuring that the revenue trickles down to the local Councils to enable them function and meet the yearnings and aspirations of the people.” He said, “My last word is gratitude to G…
…Governor Alex Otti>The APC acknowledged that Abia had recorded notable growth in monthly revenue and argued that the state had sufficient resources to address both pension liabilities and wage shortfalls without sacrificing infrastructure development.The party said:"Public resources must be made to serve the public"It…
…also stretches into repairs, accessories, trade-ins and refurbishment, creating several revenue streams around the same customer base, according to a BusinessDay report.5. Budget supermarketsInflation has fundamentally changed how Nigerians shop. Consumers are increasingly comparing prices, switching brands and purchas…
…standards of fairness, transparency and accountability they should expect from tax and revenue authorities. According to him, the document would be made available through the OTO’s digital platforms and other public channels. He said: “We believe this will strengthen taxpayer awareness, encourage voluntary compliance,…
…conditions and pushed the naira to about N3,500 to the dollar, chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has said. The post Fuel subsidy could have cost Nigeria N53trn, pushed naira to N3,500/$ — NRS chair appeared first on Tribune Online.
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has reaffirmed its commitment to ensuring fair wages for fair work, saying remuneration must reflect the responsibilities and demands of public offices. The post RMAFC’s reforms and “fair wage for fair work philosophy” appeared first on Tribune Online.
The Revenue Mobilisation Allocation and Fiscal Commission has completed the review of Nigeria’s Revenue Allocation Formula, paving the way for a new framework for sharing revenues among the Federal, state and local governments. The commission also said it had concluded the review of remuneration for judicial office hol…
…budgetary procedures, noting that national spending frameworks remain vague regarding revenue streams and allocations. The Department of State highlighted that federal disclosures failed to offer a comprehensive accounting of national finances. "Budget documents did not provide a substantially complete picture of the g…
Aircraft maker, Embraer has posted US$2.2 billion in revenue for the second quarter of 2026, setting a new all time record for the April–June period and marking a 23 per cent increase over 2Q25. On a consolidated basis, the company posted adjusted EBIT of US$296.9 million, with a 13.3 per cent margin. Adjusted free cas…
…in NEITI’s audit reports, which examine the management of Nigeria’s oil and gas revenues and compliance with financial obligations by companies operating in the extractive sector. Dubri defends $`3.025m royalty, gas flare debt Meanwhile, Dubri Oil Company Limited appeared before the committee and rejected a `$3.025m ro…
…its domestic refining capacity to strengthen energy security and boost national revenue.The NMDPRA told the publication that Nigeria's current domestic refining capacity stands at about 1.12 million barrels per day. The authority said it has also engaged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to…
…said the customs modernisation project had already contributed to higher customs revenue since its implementation, arguing that the experience demonstrated that PPPs could strengthen government finances rather than become a drain on public resources. “Every naira of private investment that goes into infrastructure like…
…25.8 per cent. The higher allocation was driven significantly by VAT and other improved revenue inflows following reforms to the country’s tax and revenue-sharing system. FAAC data showed that states received N651.53bn from January revenue but shared in February 2026 allocation and N657.60bn from the March allocation.…
The Executive Chairman of the Nigeria Revenue Service, Zacch Adedeji, has dismissed concerns over the alleged lavish lifestyles of public officials. Adedeji said President Bola Tinubu does not live extravagantly despite his position. He stated this during an interview with Channels Television, on Sunday, where he was q…
•Expert says NRS trying to prevent payment on fictitious naira gains The Nigeria Revenue Service (NRS) and the Joint Revenue Board (JRB) have issued comprehensive guidelines on the regulation and taxation of virtual asset peer-to-peer (P2P) marketplaces, ending years of regulatory ambiguity for Nigeria’s cryptocurrency…
…than three years, rising from N12.3tn in 2023 to N27.1tn as of July 2026, the Nigeria Revenue Service has said. The revenue authority attributed the sharp increase to the digitisation of the tax system, the enactment of four new tax reform laws, the transformation of the revenue service and an executive order aimed at…
X announced it will stop accepting new applications for its Revenue Sharing programme from Friday, July 25, 2026The platform introduced the Original Content Rewards Programme, which pays creators based on qualified impressions from Premium usersExisting Revenue Sharing participants will receive three final payouts befo…
…create jobs, improve sanitation, provide a conducive business environment, and enhance revenue generation for the local government. “Let me urge transport unions, market associations, business owners, and other users of the facilities to take responsibility for maintaining cleanliness, preventing vandalism, complying w…
…budget implementation reports, full disclosure of capital releases, reconciliation of revenues against expenditure authorised by the National Assembly, and appropriate constitutional action where deliberate non-implementation is established,” they said. On allegations of off-budget spending, the lawmakers expressed con…
…of the extractive industries between 2021 and 2023.Meanwhile, the Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mohammed Shehu, disclosed that Nigeria spent ₦1.16 trillion on fuel subsidy in 2021, while another ₦1.20 trillion was deducted from the Federation's crude oil sales proceeds d…
…the National Assembly to increase its share of the statutory five per cent aviation revenue pool from the current 22 per cent to 56 per cent, warning that the rising cost of maintaining safety-critical infrastructure is putting increasing pressure on the country’s air navigation system. Managing Director of NAMA, Engr.…
…subsidy, the unification of the foreign exchange market, efforts to improve government revenue, increased infrastructure investment, policies aimed at attracting local and foreign investors, the expansion of the student loan programme, renewed emphasis on agriculture and food security, as well as the ongoing implementa…
…as Mr P, accused his twin brother Paul and elder brother Jude Okoye of misappropriating revenue generated from the Psquare music catalog.Peter had alleged that Jude secretly created a company through which funds belonging to the iconic music group were diverted. Jude has consistently denied the claims.Rudeboy says it w…