Many companies incur expenses that provide benefits in future years. A business must capitalize most of these expenditures. However, some of the expenses are annual, recurring items. The Seventh ...

County governments spent most of their budgets on personal emoluments in the first nine months of the last financial year. This was at the expense of development, according to a new report by the ...

State House overshot its full-year recurrent budget by Sh2.7 billion within the first seven months of the current financial year, intensifying scrutiny over spending controls within government.

The Lagos Chamber of Commerce & Industry (LCCI) has rejected plans by the Federal Government to make provision of N4.79 trillion (inclusive of N750.04 billion for Government-Owned Enterprises (GOEs) ...

Katsina State commissioner for budget and economic planning, Malik Anas, has disclosed that receipts from the Federation Accounts Allocation Committee (FAAC) accounted for over 87 per cent of the ...

The Kano State Government’s 2026 budget has been approved at N1.477 trillion, a 7.42 per cent increase from the initial ...

The National Treasury reported that KSh 1.77 trillion spent in first five months of financial year 2025/26 Public debt service dominated recurrent expenditure with KSh 865.8 billion spent, while ...

The Treasury is seeking MPs’ approval for an extra Sh8.4 billion, largely to cater for increased travel, hospitality, and other operational expenses linked to President William Ruto’s office in ...