Author: InvestAdvocate

FAAC Disbursed N581.57 Billion in March 2020-NBS

May 29, 2020/NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N581.57bn to the three tiers of government in March 2020 from the revenue generated in February 2020. The amount disbursed comprised of N466.06bn from the Statutory Account, N15.20bn from FOREX Equalisation Account, N99.55bn from Valued Added Tax (VAT) and N757.94m from Exchange Gain […]

Viability of Crowdfunding as a Source of Capital

Culled—Proshare May 29, 2020 by NASD Plc In our newsletter last week, we continued our series on Crowdfunding and highlighted the benefits of Crowdfunding as a means of funding. Crowdfunding platforms have gained popularity in recent years as an alternative capital source-both for debt and equity; however, the major challenge […]