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Elizabeth Williams

FG, States, LGS Share N715B, Allocation Drops – FAAC

Federation Account Allocation Committee says it shared N714.63bn among the three tiers of government in March 2023. The figure represents a decrease of N8.05bn...

Africa Fintech Summit 2023: US Recognize Nigerian’s Fintech

Accelerex, a fintech, has won the prestigious Excellence in Commerce Enablement Award at the Africa Fintech Summit 2023. The event was held at the Walter...

Governorship Polls: INEC Begin Results Upload To IReV portal

 Independent National Electoral Commission has uploaded some election results from the governorship and State Houses of Assembly elections. Recall that opposition parties and some Nigerians...

Israeli Government Vows To Develop West Bank Tourism

The tourism minister of Israel’s new hardline government has promised to invest in developing the West Bank, calling the area “our local Tuscany.”Haim Katz...

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FG, States, LGs Receive ₦1.928trn From FAAC Allocation

The Federal Government, states and local government councils have shared a total of ₦1.928 trillion as Federation Account revenue for November 2025. The Federation Account Allocation Committee (FAAC) disclosed this in a statement after its December 2025 meeting held in Abuja. The ₦1.928 trillion shared comprised ₦1.403 trillion in...

CBN Withdraws Operating Licences Of Two Mortgage Banks

The Central Bank of Nigeria (CBN) has withdrawn the operating licences of two mortgage banks. The apex bank explained that the move is part of renewed efforts to clean up the mortgage sub-sector and ensure strict adherence to banking laws and regulatory standards. The two banks affected are Aso...

Dangote Refinery Slashes Petrol Price as MRS Sells At ₦739/Litre

Barring any last-minute changes, MRS Oil and other partners of the Dangote Petroleum Refinery are set to begin selling petrol at ₦739 per litre from Tuesday, following a major reduction in the refinery’s ex-depot price. The Dangote Petroleum Refinery recently slashed its gantry price for Premium Motor Spirit...