FAAC Disburses N1.818 Trillion Allocation for June 2025 The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.818 trillion to the Federal, State, and Local Governments as revenue generated in June 2025, marking the highest monthly allocation so far this year. The record allocation...

Tinubu Appoints Muhammad Babangida, Sanusi Musa to Head Key Federal Institutions President Bola Ahmed Tinubu has approved the appointment of Muhammad Babangida, son of former military President Ibrahim Babangida, and Sunusi Musa, a prominent lawyer and Senior Advocate of Nigeria (SAN), as chairmen of two...

ADG Celebrates 50th Anniversaries of Northern Universities The Arewa Discussion Group (ADG) is celebrating the golden jubilee of four major universities in Northern Nigeria, praising them as key drivers of regional development and national unity. In a statement released today, the Chairman of the group, Alhaji...

Dangote Fuel Discount Scheme Halted Over Fraud Claims   The Dangote Petroleum Refinery and Petrochemicals has uncovered a fresh racket involving some of its affiliate marketers and strategic partners who have been diverting subsidised refined petroleum products for profit, prompting the suspension of the refinery’s discounted...

Cement Stocks Drive NGX to N833bn Gain   The Nigerian Exchange Limited (NGX) gained momentum on Thursday as cement stocks pushed the market capitalisation higher by N833bn, buoyed by strong investor interest. The benchmark All-Share Index rose by 1.02 per cent or 1,316.76 points, closing at 130,283.84,...

‎Obi’s SABMiller Claim as Anambra’s Highest Tax Earner False - Official  ‎The Anambra State Internal Revenue Service (AiRS) has debunked recent public claims credited to former Governor Peter Obi suggesting that SABMiller Breweries is the highest taxpayer in the state. In a detailed statement seen by...