Multiple Blows to a Reactive North: Emilokan na your mate? by Shettima Dan'azumi Northern States are gradually losing significant portion of their shares of FAAC allocation, which is undoubtedly the biggest source of their revenue. From Local Government Funds, Fiscal...

Senate Confirms Omolola Oloworaran's Appointment as PenCom DG   The Senate has confirmed the appointment of Ms Omolola Oloworaran as the Director General of the National Pension Commission (PenCom). This was disclosed by PenCom in a statement made available to the media...

The Federation Account Allocation Committee (FAAC) has distributed N1.411 trillion among the three tiers of government for October 2024. 

According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country's oil reserves have declined by 50 billion barrels over the past 14 years.  

Lafarge WAPCO, a key stock, led a positive performance on Tuesday, lifting the Nigerian equity market to a gain of N136bn. 

According to the Nigerian Maritime Administration and Safety Agency (NIMASA), the $350m accumulated under the Cabotage Vessel Financing Fund is intact and currently in the Single Treasury Account of the Central Bank of Nigeria.