A SEISMIC SHIFT: President Orders Direct Remittance of Oil, Gas Revenues to Federation Account
Nigeria's president has mandated direct remittance of oil and gas revenues to the Federation Account, addressing inefficient spending by the Nigerian National Petroleum Corporation Limited.
Nigeria: When the President Makes the Law - Executive Order 9, the PIA, and the Question of Who Can Stop It
The article discusses President Bola Tinubu's Executive Order No. 9, which undermines the Petroleum Industry Act by allowing direct revenue remittance from the NNPCL to the Federation Account, raising constitutional crisis questions regarding executive power in Nigeria.
Bad news for migrants in Utah: the bill seeking to impose taxes on remittance sending
A proposed bill in Utah aims to impose a 2% tax on international money transfers, raising concerns among migrants and their families regarding the impact on financial support.
RMAFC backs Tinubu’s order on oil revenue remittance
The Revenue Mobilisation Allocation and Fiscal Commission has endorsed President Bola Tinubu's executive order mandating direct remittance of oil and gas revenues to the federation account, citing it will enhance revenue inflows and reduce leakages.
Tinubu’s executive order will curb leakages, boost Federation Account inflows — RMAFC
The Revenue Mobilisation Allocation and Fiscal Commission has stated that President Bola Tinubu’s Executive Order on oil and gas revenue remittance will enhance funds to the Federation Account and reduce revenue leakages.
Prosecutors Appeal Court's Ruling to Dismiss Charges Against Kim Sung-tae in North Korean Remittance Case
The prosecution has appealed a court ruling that dismissed charges against Kim Sung-tae regarding remittances to North Korea, asserting it constitutes both a violation of foreign exchange laws and a bribery offense.
Remittance of 1% Nigerian content levy still mandatory – NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB) has reiterated the obligation for oil and gas operators to remit a 1% levy to the Nigerian Content Development Fund.
Arrested for unregistered exchange of cryptocurrency using online casino remittance function, suspected money laundering
A man in Fukuoka has been arrested for allegedly exchanging cryptocurrency without registration by utilizing a remittance function of an online casino.
Kim Seong-tae's indictment for 'third-party bribery related to remittance to North Korea' dismissed in the first trial
Former Ssangbangwool Group chairman Kim Seong-tae had his indictment for allegedly providing third-party bribes to President Lee Jae-myung through remittances to North Korea dismissed in court.
Competition Commission: Investigating Possible Unfair Practices and Violations in the Remittance Sector
The Greek Competition Commission is prioritizing an investigation into potential illegal practices within the remittance services market, prompted by complaints and proactive inquiries.
Lee Seong-yoon: ‘Jeon Jun-cheol, a principled lawyer persecuted by the Yoon administration’
Lee Seong-yoon, a member of the Democratic Party, expresses regret over the controversy surrounding his recommendation of lawyer Jeon Jun-cheol for a special prosecutor position amid allegations of false claims related to a North Korean fund remittance scandal.
Migrants form groups to invest in housing in the United States: this is how they try to maintain remittance sending despite work complications
Ecuadorian migrants are forming collectives to invest in housing in the U.S. in an effort to sustain remittance flows amid job challenges under U.S. immigration policies.
Afternoon recap: US condemns Kwara killings, FHA remits N2.9bn to FG, Ezekwesili calls for real-time result upload, other top stories
Multiple significant developments emerged in Nigeria, including condemnation of Kwara State killings by the US, a N2.9bn remittance from the FHA to the Federal Government, and a call for real-time election result uploads from former vice-presidential candidate Oby Ezekwesili.
Remittances at risk due to economic slowdown in the United States and strength of the peso: BBVA Mexico
In 2026, remittance flows to Mexico will face major risks from a potential economic slowdown in the United States, strict immigration policies, and the appreciation of the Mexican peso, according to BBVA Mexico.
K-Bank collaborates with Thailand's Kasikornbank for blockchain remittance and payment
K-Bank is partnering with Thailand's Kasikornbank and others to promote international remittance and payment services using blockchain technology.