Category : Search result: Federation Account revenue loss


Clarifying FG Revenue vs Federation Account Funds

Public debate on Nigeria's finances is clouded by confusion. We break down the key distinction between total government revenue and the Federal Government's actual share. Understand the facts behind the recent statements.

Veekee James Weeps Over Loss of Newborn Puppy

Fashion designer Veekee James started 2026 in tears after her dog Ava's tragic birth. One puppy died, another lost a limb. Her public grief sparked mixed reactions online. Read the full story.

NNPC remits N12.1trn, reports N502bn profit in 2025

NNPC Limited remitted N12.117 trillion to the Federation Account in ten months, reporting strong revenue and profit growth. Oil production held steady as key gas pipeline projects near completion.

Chioma Shares Adorable 2025 Recap Video with Davido

Davido's wife, Chioma Adeleke, shared a heartwarming video recap of her 2025, featuring wedding moments, weight loss journey, and playful clips with her husband. Fans gush over the couple's love.

Wike: Governors Blindfolded by Subsidy Cash

FCT Minister Nyesom Wike criticizes state governors for financial mismanagement post-subsidy removal. He reveals his own fiscal record and warns against money-driven politics. Read his full analysis.

NNPC Debt Waiver: Only Penalties Forgiven

Clarification emerges that NNPC's $1.42bn and N5.57tr debt waiver covered only interest and penalties, not core royalties. CHRICED slams the move as reckless and opaque.

FIRS Transforms to Nigeria Revenue Service in 2026

Nigeria's FIRS transitions to the Nigeria Revenue Service in January 2026, driven by four new laws. The reform promises streamlined tax processes, stronger oversight, and integrated revenue collection for better public finance management.

Nigerian Lady Seeks Help for Blind Twin Sister

A Nigerian chef appeals for help as her twin sister loses her sight. Fearing depression, she shares a heartfelt video online, sparking an outpouring of support and medical advice from netizens.

Woman Gives Birth 11 Days After Husband's Death

A Nigerian woman shares her heartbreaking story of losing her husband while heavily pregnant and giving birth just 11 days later. Read her emotional tribute and the supportive reactions from netizens.

Suleja Hotel Owner Saved from Harm After Devastating Fire

A devastating fire destroyed the popular Abagbo Garden and Hotel in Suleja, Niger State. Owner Sunday Agbo, facing massive losses, was prevented from self-harm by neighbours. Read the full story of the tragedy and community intervention.

Fire Destroys Sabuwar Lale Furniture Market in Kano

A devastating fire has razed the Sabuwar Lale furniture market in Kano, destroying dozens of shops and goods worth millions of naira. Traders are counting losses and pleading for government assistance. Read the full report.

Drake loses N296m bet on Jake Paul vs Joshua

Canadian rapper Drake lost a massive N296 million bet after Anthony Joshua knocked out Jake Paul in Miami. Netizens react to the infamous 'Drake Curse' striking again.

Frank: No Quick Fix for Spurs' Struggles

Tottenham boss Thomas Frank insists he retains board support but admits there's no quick solution to the team's poor form. Spurs sit 11th ahead of Liverpool's visit.

Pfizer Shares Fall on Weak 2026 Profit Outlook

Pfizer shares tumbled after the drugmaker projected flat revenues and lower profits for 2026, citing declining Covid-19 sales and heavy investment in new products like weight-loss drugs.

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