Category : Search result: Nigeria federation account


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.

World Athletics Queries AFN Over 17 Athletes' Ages

The Athletics Federation of Nigeria faces a fresh integrity crisis as World Athletics demands explanations for multiple birth dates of 17 athletes. Read the full investigation and potential consequences.

Tax Chief: No Auto-Debit from Accounts in New Law

Taiwo Oyedele assures Nigerians the new tax reforms will not lead to automatic bank debits. The system is based on self-declaration, targeting high-income individuals. Read details.

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.

Nigeria's Q3 Current Account Surplus Falls 41%

Nigeria's current account surplus dropped sharply to $3.42bn in Q3 2025, a 41% decline. Explore the CBN data on oil exports, remittances, and rising external obligations shaping the nation's balance of payments.

NFF: FIFA Has Not Thrown Out Our DR Congo Petition

The Nigeria Football Federation insists its petition against DR Congo over player eligibility is still active with FIFA. Get the latest details on the case that could revive Nigeria's World Cup hopes.

Gmail Users Can Now Change Their Email Address

Google has introduced a long-awaited feature allowing users to change their @gmail.com address while keeping all data. The global rollout appears to have started in India.

Pamodzi Criticises Report on NBBF Partnership

Pamodzi Sports Marketing has dismissed a media report questioning the NBBF's partnership with a national institution as misleading and harmful to basketball's growth in Nigeria.

Trader Recounts Balogun Market Fire Start at 4 PM

A trader shares her eyewitness account of the Balogun Market fire, revealing it began with smoke around 4 PM. She criticizes the initial response and explains how her mother's warning saved her goods.

NFF to receive ₦1.5bn yearly from CAF from 2026

The Nigeria Football Federation will receive $1 million (₦1.5bn) annually from CAF's new financial plan. This boost comes as the NFF faces financial scrutiny and unpaid allowances.

Mother Spends All Savings to Fly Daughter Over Kidnapping

A Nigerian mother made the ultimate sacrifice, draining her bank account to buy a flight ticket for her daughter, fearing road travel due to rampant kidnappings. Her story highlights the daily terror many face. Read her emotional plea for safety.

EKIRS: No Account Freeze Over TIN in New Tax Reform

The Ekiti State Internal Revenue Service clarifies that the new tax reforms will not freeze accounts without TIN. Chairman Olaniran Olatona urges calm, stating the goal is fair taxation, not hardship. Read more.

Federation Account Hits N23trn in 10 Months

Revenue inflows into Nigeria's Federation Account surged to N23.06 trillion in the first ten months of 2025, driven by fiscal reforms and digital tracking. Learn about the growth and the new tax law.

FAAC Revenue Falls by N428bn, N1.93trn Shared

FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.

N66.42tr Hits Federation Account in 3 Years

Nigeria's Federation Account gross inflows hit N66.42 trillion from 2023 to Oct 2025, driven by fiscal reforms. RMAFC Chairman cites economic progress despite citizens' concerns. Read full analysis.

Man Reveals VDM's NGO Balance Amid Harrison Gwamnishu Feud

A Nigerian man, Charles Obinwanne Don, shares the N10 million balance in VeryDarkMan's NGO account, defending the activist against claims of jealousy towards Harrison Gwamnishu. Get the full story on the social media drama.

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