Despite a Supreme Court judgement mandating the direct payment of allocation to local governments, the Federal Government disbursed N1.232tn to councils in the first quarter of 2025 through state ...

A group of former members of county assemblies (MCAs) has launched a push to have national revenue allocation to devolved units increased from the current 15 percent to 40 percent.Under the Kenya ...

Nonprofits can lose their tax exemptions if the IRS determines they are engaging in political campaign activity or earning ...

For example: if you take out $1,000 a month from your RRIF, $300 goes to the CRA and $700 goes to your bank account ...

The new agreement gradually ramps up to the full allocation approved by voters, cutting the city's mammoth $320 million projected budget deficit by one-third.

The hearing in the suit filed by the Association of Local Governments of Nigeria  against the federal and state governments ...

The Federation Account Allocation Committee (FAAC) has disbursed a total of ₦1.578 trillion as revenue generated in March ...

The Federal High Court in Abuja has adjourned a suit filed by the Association of Local Governments of Nigeria against the ...

The subsidy allocation for the power sector is not going down anytime soon as the interim government does not plan to increase electricity prices on inflationary fears.

The distribution of prize money in Formula 1 is a meticulously structured process that rewards teams based on their performance and participation. The revenue generated from broadcasting rights, ...

U.S. business is expected to perform well despite recent changes to the global trade environment. Read why I remain bullish ...

The International Monetary Fund (IMF) has recommended that the National Board of Revenue (NBR) increase the supplementary duty on luxury items. It has also set conditions for achieving an ambitious ...