A total sum of N1.659 trillion, being May 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils. The revenue was shared at the June 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja. The N1.659 trillion total distributable revenue comprised distributable statutory revenue of N863.895 billion,...
Category: Business
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Dignitaries Grace Launch of Dr. Rabiu Olowo Foundation in Celebration of His 40th Birthday
Prominent figures from Nigeria’s public and private sectors gathered to celebrate the official launch of the Dr. Rabiu Onaolapo Olowo Foundation, an event held to mark the 40th birthday of Dr. Rabiu Olowo, Executive Chairman of the Financial Reporting Council of Nigeria. The high-profile event was attended by notable personalities including Victor Muruako Esq, Executive...
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PRESIDENT TINUBU DECLARES ASIF 2025 OPEN, PLEDGES NIGERIA’S COMMITMENT TO AFRICA’S ECONOMIC TRANSFORMATION
In a strong show of commitment to Africa-led growth, His ExcellencyPresident Bola Ahmed Tinubu has today in Abuja declared the 4th Annual Meeting of the Africa Sovereign Investors Forum (ASIF), emphasizing the need for collective action and regional cooperation among African countries to achieve transformative development. Represented by Vice President Kashim Shettima, President Bola Ahmed...
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EDUN, CARDOSO MEET TO DEEPEN FISCAL-MONETARY POLICY ALIGNMENT
Against the backdrop of inflation easing to 22.97% in May 2025, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has today visited the Central Bank of Nigeria to deepen fiscal–monetary policy alignment. Discussions focused on sustaining and accelerating this momentum, essential to stabilising prices, boosting investor confidence, and empowering...
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RURAL NETWORK CONNECTIVITY CHALLENGES: NCC MOVES TO CORRECT ANOMALIES
The Nigerian Communications Commission (NCC) has reportedly joined forces with the Association for Progressive Communications and other institutional stakeholders towards addressing challenges confronting rural network connectivity in Nigeria. The Executive Vice Chairman of NCC, Dr. Aminu Maida, made this known during a two-day workshop hosted in Abuja from June 3-4, 2025, to explore policy framework...
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NGX Group, SEC pursue capital market diplomacy to deepen Nigeria-China financial ties
In a strategic move to position Nigeria’s capital market as a catalyst for cross-border investments, Nigerian Exchange Group Plc (NGX Group) and the Securities and Exchange Commission (SEC) have reaffirmed their commitment to fostering cross-border capital market partnerships. Their current engagements in China reflect a broader drive to strengthen Nigeria’s connectivity to global financial markets...
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AFRICAN PUBLIC SERVICE DAY: WALSON-JACK ROLLS OUT PLANS AHEAD LEGACY EVENT
His Excellency, President Bola Ahmed Tinubu, GCFR is poised to declare the International Civil Service Conference open as historic event holds in Abuja, Nigeria, 25th, 26th June 2025. This was made known by the Head of the Civil Service of the Federation, Dr. Didi Esther Walson-Jack, OON, mni, during a press briefing in Abuja, says...
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NITDA is the Clearing House for all Government Information Technology, (IT) Projects, Inuwa to the Account General of the Federation.
Boardroom News With NITDA reaffirming its role as the clearinghouse for all government IT projects and in accordance with President Bola Ahmed Tinubu’s Renewed Hope Agenda to improve governance for efficient service delivery, the Agency has launched a campaign to examine IT projects of Federal Public Institutions for the Office of the Accountant General of...
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We shouldn’t treat energy as profit driving commodity, Zulum urges power minister
..Says Borno aligning with national power reforms, power’s social services By Achadu Gabriel, kaduna Borno State Governor, Babagana Umara Zulum, has urged the minister of power, Adebayo Adelabu, to prioritize energy accessibility for vulnerable populations, emphasizing that electricity should not be treated solely as a profit-driven commodity. Speaking at the 6th National Council on Power...
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Walson Jack Extols FIDA, Says it is a Formidable Force Within the Non-Governmental Sector.
The Head of the Civil Service of the Federation (HCSF), Mrs. Didi Esther Walson-Jack, OON, mni, has received a delegation from the International Federation of Women Lawyers (FIDA) Nigeria, led by its Country Vice President/National President, Mrs. Eliana Martins, on a courtesy visit to her office. Welcoming the delegation, Mrs. Walson-Jack, a longstanding and active...