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FAAC: FG, States, LGCs Share N1.1trn For August

By Agency Report The Federation Account Allocation Committee (FAAC), has shared the sum of N1.1 trillion to the Federal Government, states and Local Government Councils...

FG, States, Local Govts Share N3.06tn As Naira Dips Further to 990/$1 At Parallel Market

By Louis Achi Nigeria's Naira continues in its weak form on Wednesday as it depreciated to N990 to a dollar at the parallel market as...

July 2023 Allocation: FG, States, LGACs Share N966.110bn From N1746.491 trn Gross Revenue

At its meeting chaired by the Honourable Minister of Finance and the Co-ordinating Minister of the Economy, Mr. Wale Edun, Tuesday, the Federation Account...

Why We Paid N123bn Interim Dividend To FAAC – NNPCL

By Agency Report The Nigerian National Petroleum Company Limited (NNPCL) has given reasons behind the payment of an interim dividend of N123 billion to the...

May Revenue: FAAC Shares N786.161bn To FG, States And LGCs

The Federation Account Allocation Committee (FAAC) has shared a total sum of N786.161 billion May 2023 Federation Account Revenue to the Federal Government, States...

Alleged Missing N34.3bn: Senate Gives Emefiele 72-hr Ultimatum

The Nigerian Senate has given Mr Godwin Emefiele, Governor of Central Bank of Nigeria (CBN) a 72-hour ultimatum to appear before its panel to...

FAAC: FG, States, LGAs Share N640.3bn For January

The Federation Accounts Allocation Committee (FAAC) has shared N640.310 billion to the three tiers of government for January. Mr Hassan Dodo, the Director of Information,...

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