The Federation Account Allocation Committee (FAAC) disbursements are the lifeblood of state economies in Nigeria.
As of April 2026, the gap between the highest and lowest earners remains vast, primarily driven by oil production (derivation) and massive internal commerce (VAT).
Here are the Top 10...
The Federation Account Allocation Committee (FAAC) allocations are a critical source of revenue for Nigeria's 36 states.
As of April 2026, there is a massive gap between the highest-earning states (like Lagos and the oil-producing states)...
As of April 2026, the disparity in power allocation across the federation remains a significant hurdle for many regions.
While industrial hubs like Lagos and Ogun, along with the FCT, receive the bulk of the available...
As of April 2026, the disparity in power allocation across the federation remains a significant hurdle for many regions.
While industrial hubs like Lagos and Ogun, along with the FCT, receive the bulk of the available...
The Federation Account Allocation Committee (FAAC) allocations are a critical source of revenue for Nigeria's 36 states.
As of April 2026, there is a massive...
Former Kogi State Governor Yahaya Bello has pleaded not guilty to the 16-count charge brought against him by the Economic and Financial Crimes Commission...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has highlighted a price disparity in Premium Motor Spirit (PMS) produced by the newly...
The Central Bank of Nigeria (CBN) has established a minimum transaction value of $100,000 for interbank foreign exchange trading through the Electronic Foreign Exchange...
Israeli Prime Minister Benjamin Netanyahu announced that he would present a US-brokered proposal for a ceasefire with Hezbollah in Lebanon to his cabinet for...
China and Mexico reacted sharply on Tuesday after Donald Trump threatened to start his presidency with an immediate trade war against the United States'...
