Updates

2020 Fiscal Sustainability Index: : Rivers Tops Ranking, Anambra, Ogun, Lagos Others Follow

September 24, 2020/BudgIT BudgIT, a civic advocacy society that uses technology to intersect citizen-engagement with  improved governance has launched the 2020 edition of its annual States of States report titled Fiscal Sustainability and Epidemic Preparedness Financing at the State level. This report is BudgIT’s signature analysis that provides policy makers […]

FAAC Says N676.41 Billion Disbursed in August 2020-NBS

September 23, 2020/NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N676.41bn to the three tiers of government in August 2020 from the revenue generated in July 2020. The amount disbursed comprised of N543.79bn from the Statutory Account and N132.62bn from Valued Added Tax (VAT). Federal Government received […]

SEC Adopts Amendments to Modernize Shareholder Proposal Rule

September 23, 2020/US SEC The Securities and Exchange Commission today voted to adopt amendments to modernize its shareholder proposal rule, which governs the process for a shareholder to have its proposal included in a company’s proxy statement for consideration by all of the company’s shareholders.  The principal requirements for: (1) […]