The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has begun work on a new revenue formula. The commission said the remuneration of political and public office holders would be reviewed ...

THE Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, has revealed that a new Revenue Allocation Formula among the three tiers of government (federal, states and local governments) would ...

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has said the new revenue allocation formula will be presented to President Muhammadu Buhari by the end of 2021. Chairman, Revenue ...

The Formula 1 Group and owners Liberty Media Corporation have posted the financial results from 2020, showing a major drop in revenue for the championship. Canceled races cost Formula 1 significantly ...

Some 18 counties from marginalised areas are likely to lose close to Sh18 billion in a compromised formula for sharing of revenue among the 47 devolved units. The new formula for sharing revenue has ...