Federal Account Allocation Committee (FAAC) FAAC Shares N1.7trn to FG, States, LGs The Federation Accounts Allocation Committee (FAAC) has distributed a total of N1.727 trillion to the Federal Government, State Governments, and Local Government Councils from November 2024 Federation Accounts Revenue. Mr. Bawa Mokwa, Director of Press and Public Relations at the Office of the

A former Chairman of Emohua Local Government Area of Rivers State, Chukwuemeka Woke, has condemned Governor Siminalayi Fubara over a recent comment he made concerning projects in the state. Naija News understands that Fubara, during a launch of projects in Ahoada and Etche, had mocked some projects constructed by his predecessors. Reacting via a statement

Nigerian forward Kazeem Olaigbe is making waves in the football world as he finds himself in contention for the prestigious UEFA Europa Conference League Goal of the Week award. This recognition comes after an impressive performance where Kazeem Olaigbe scored two goals and provided one assist in Cercle Brugge’s decisive 3-1 victory over Olimpija Ljubljana

The President of the Senate, Godswill Akpabio, has said President Bola Tinubu appointed Nyesom Wike as Minister of the Federal Capital Territory (FCT) because of his capacity. Senator Akpabio said despite Wike being a member of the Peoples Democratic Party (PDP), President Tinubu was pleased with his performance when he was Rivers State Governor. He

The festive season is just around the corner, and it’s time to start planning those special meals for family and friends. Christmas is a time of joy and celebration, meant to be shared with loved ones over delicious food.  Whether you’re cooking for a few close family members or hosting a larger gathering, having a

Saudi Arabia has executed 10 Nigerians and 79 individuals from other countries, predominantly for drug-related offences, in 2024. This marks a significant increase from previous years, with 34 foreigners executed annually in 2023 and 2022. The executed individuals included nationals from Pakistan, Yemen, Syria, Egypt, Jordan, and Ethiopia. The European-Saudi Organisation for Human Rights noted

The Federal High Court in Abuja has granted former Kogi State Governor Alhaji Yahaya Bello N500 million bail with the condition of providing two sureties in the same amount. Justice Emeka Nwite issued the decision, specifying that the sureties must own landed properties within Abuja. They are required to present the property title documents for

As the holiday season gets closer, it’s smart to think about how you manage your money to keep your finances strong into the new year.  Making good financial choices now can help you avoid money worries later and start 2025 well.  Here are 5 smart moves you should think about making before Christmas 2024: Review

The journey of Nigeria’s Super Eagles in their quest to dominate the FIFA World Cup has been nothing short of a rollercoaster ride. It’s a story of ambition, heartbreak, and resilience, marked by decades of near misses and historic triumphs.  From their initial forays into international football to their ongoing struggles, the Super Eagles’ path

Tax Reforms Bill have not Addressed Nigeria’s Regional Uniqueness – Report A recent survey by SBM Intelligence alleges that the federal government’s proposed tax reforms fail to account for the unique characteristics of certain Nigerian regions. The report, however, admits that the reforms aim to reduce the tax burden on citizens and improve the efficiency

PenCom Pension Fund Assets Rise to N21.92tn in October – PenCom The National Pension Commission (PenCom) has disclosed that the total pension fund assets under the Contributory Pension Scheme have risen to N21.92tn as of October 2024, with contributions from 10.53 million registered participants. The commission further anticipates that the assets will surpass N22tn by

Petrol Landing Cost Drops to N900/litre The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores, has seen a considerable reduction of N36, dropping to N900.28 per litre on Thursday. According to the latest data released by the Major Energies Marketers Association of Nigeria, the landing cost dropped from around