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The Federation Accounts Allocation Committee (FAAC) has distributed a total of N1,894tn as revenue to the Federal, state and local governments in the country for the month of February 2026. The February figures were contained in a communiqué issued at the end of the March 2026 FAAC meeting held in Abuja on Friday. A communiqué signed by FAAC Director of …

Born with visual impairment, Azeez Olajumoke stood quietly in a queue to withdraw cash at a local bank in Ekiti State, southwest Nigeria.  As her turn to use the Automated Teller Machine (ATM) got closer, Olajumoke’s unhappiness surfaced, not for her disability or the lack of an ATM card, but for one thing: “The ATMs are not user-friendly to people …

Investors in the Nigerian equity market earned N962 billion at the close of trading on Friday. This follows a surge in the prices of shares such as UPL, Guinness and Royalex on the stock exchange floor. The benchmark All-Share Index (ASI) increased to 198,407.3 points from 196,908.76 points recorded the previous day. After five hours of trading on the capital …

Peter Obi, former Labor Party (Nigeria) presidential candidate in the 2023 elections, has denied accusations of trying to recruit Daniel Bwala into his campaign team. Bwala, who is currently Special Adviser on Policy Communications to President Bola Ahmed Tinubu, claimed that Obi sought his involvement in the campaign through an approach allegedly facilitated by former president Olusegun Obasanjo. Responding to …

Governor of the Central Bank of Nigeria, Olayemi Cardoso, said Nigeria’s ongoing economic reforms have strengthened the country’s capacity to deal with possible shocks resulting from rising tensions in the Middle East. Cardoso made the remarks on Thursday while delivering the Distinguished Alumni Lecture at the Founders Day celebrations of St Gregory’s College Lagos in Lagos. He noted that the …

Investors in the Nigerian equity market earned N541 billion at the close of trading on Thursday. This follows a surge in the prices of shares such as Presco, UACN, and Morison, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 196,908.76 point of 125,857.53 points recorded on the previous trading day. After five hours …

There were multiple defections in the National Assembly on Thursday when a total of 21 federal lawmakers dumped their various political parties for other parties. In the Senate, nine lawmakers from various political parties defected to the African Democratic Congress (ADC), while 12 lawmakers in the lower house also left their respective parties for different parties. Their defection letters were …

Here are the top ten stories from across the country 1. Senate confirms Oyedele as junior finance minister The Senate on Wednesday confirmed the appointment of Taiwo Oyedele as Minister of State for Finance.Read more 2. ADC launches platform to mobilize Nigerians against APC by 2027 The African Democratic Congress (ADC) has launched a platform to mobilize Nigerians at all …

Fresh divisions have emerged within the Peoples Democratic Party (PDP) after a faction allied to Federal Capital Territory Minister, Nyesom Wike set terms for reconciliation with a rival group led by Taminu Turaki, even as tensions continue to rock the opposition party. The interim committee controlling the party structure, headed by Abdulrahaman Muhammed with Samuel Anyanwu as secretary, is widely …

The Federal Government of Nigeria has warned that the escalating crisis in the Middle East could trigger a new economic shock for Nigeria through rising energy prices, disruptions in global supply chains and shifting capital flows. Authorities said they were monitoring developments closely and were ready to adjust economic policies if necessary to limit potential disruption, maintain investor confidence and …