Updates

Resilience in FAAC Payouts

November 11, 2022/Coronation Research The gross monthly distribution by the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to N760.23bn in October (from September revenue). This shows an increase of 12.9% m/m or N87.1bn from the previous payout. Based on data from the […]

Mending Africa’s Digital Infrastructure Gaps: inq. Fabric is the first African-developed automated provisioning and routing solution

November 11, 2022/Edelman To help stitch together the gaps in Africa’s digital infrastructure landscape, leading edge solutions provider inq., has launched Fabric, the first African-developed cloud connectivity, Network as a Service software for automated provisioning and routing.   Following an 18-month development cycle, inq. Fabric has emerged as an optimised […]

United Capital Weekly Pan African Monitor Friday 11th November 2022

November 11, 2022/United Capital Research Anglophone West Africa Nigeria The Federal Government has increased the compulsory contributions of revenue-generating agencies to the Federation Account to 40.0% from 25.0%. This implies that 40.0% of Internally Generated Revenues (IGRs) by all government agencies are now meant for the Federal Government to execute […]