…and 2017-18 seasons. The commission concluded that the club had artificially inflated revenue through sponsorship arrangements and used mechanisms to disguise the true extent of certain liabilities. As reported by BBC Sport on Thursday, City have consistently denied wrongdoing and are expected to argue in their appeal…
…foreign exchange market. He also said Nigeria recorded its highest-ever non-oil export revenue in 2025, exceeding $6 billion. The President declared that the administration had moved from what he described as the “age of reform” to an “age of prosperity”, with the priority now being to reduce the cost of living and pro…
…stability in the foreign exchange market. Tinubu said Nigeria recorded its highest revenue from non-oil exports in 2025, exceeding $6 billion. “This is real money being made by real Nigerian businesses,” he said. The President said international observers, journalists, non-governmental organisations and multilateral in…
…getting paid faster, young entrepreneurs accessing digital tools, governments collecting revenue more efficiently, consumers transacting with dignity and convenience. Culture and purpose are competitive advantages.In fast-moving markets, strategy will change, products will pivot, but a clear sense of purpose and a stro…
…reserves had been rebuilt, the foreign exchange market had stabilised and non-oil export revenue exceeded $6 billion in 2025. “These are not idle claims. International observers, journalists, NGOs and multilateral institutions can see the change,” Tinubu said. He said Nigeria had reached a turning point, with the gover…
…the removal of the petrol subsidy, foreign exchange reforms, efforts to improve domestic revenue mobilisation, and monetary and fiscal measures as some of the steps taken by the administration. He acknowledged that the reforms had created significant short-term difficulties for Nigerians but said there were signs of ma…
…attain and preserve investment-grade status. Key themes will include fiscal discipline, revenue mobilisation, debt sustainability, economic diversification, policy credibility, and institutional efficiency, alongside an analysis of rating methodologies, upgrade drivers, and access to international capital. The forum co…
…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…