FAAC Sub-Committee Recovers ₦2.36tn, $7.87m in Unremitted Revenue The Federation Account Allocation Committee Post-Mortem Sub-Committee has recovered N2.36tn and $7.87m in outstanding revenue arrears collected by revenue-generating agencies but not remitted into the Federation Account, according to findings from the committee’s latest reconciliation released on...

Investors Gain ₦4.14tn as NGX Market Cap Hits ₦114.38tn Investors raked in about ₦4.14tn in three trading sessions this week on the Nigerian Exchange Limited, pushing market capitalisation to ₦114.38tn by the close of trading on Wednesday. Over the three days of trading, the All-Share Index...

FG to Prioritise Non-Oil Export Expansion in 2026 — Oduwole The Federal Government will prioritise the expansion of non-oil exports in 2026 as part of efforts to deepen economic diversification, the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has said. Oduwole made this known...

Dangote Refinery Reaches 650,000bpd Full Capacity - MD The Dangote Petroleum Refinery has reached its full nameplate capacity of 650,000 barrels per day following the restoration and optimisation of its Crude Distillation Unit and Motor Spirit production block, marking what the company describes as a...

NDIC Targets ₦1.5tn Debt Recovery from 150 Liquidated Banks The Nigeria Deposit Insurance Corporation (NDIC) has intensified efforts to recover an estimated N1.5 trillion in outstanding debts and assets trapped in failed financial institutions by strengthening the capacity of debt recovery agents and deploying new...

Tinubu Appoints Ambassador Yusuf as NAHCON Chairman   President Bola Tinubu has nominated Ambassador Ismail Abba Yusuf as the new Chairman and Chief Executive Officer of the National Hajj Commission of Nigeria (NAHCON). The nomination was disclosed in a statement issued on Wednesday by the Special Adviser...