NNPCL Cancels N4.01 Trillion Subsidy Debt
The Nigerian National Petroleum Company Limited has cleared N4.01 trillion in subsidy arrears owed by the FG after FAAC reconciliation. Discover the details and implications for Nigeria's economy.
Category : Search result: FAAC reconciliation
FG Cancels N5.57 Trillion, $1.42 Billion NNPC Debt
President Tinubu approves massive debt write-off for NNPC after reconciliation, aiming for a clean financial slate. Discover the details and ongoing revenue challenges.
Tinubu cancels $1.42bn NNPC debt to Federation Account
President Bola Tinubu has approved the cancellation of $1.42 billion in legacy debts owed by NNPC Ltd to the Federation Account. Learn the details and implications of this major financial decision.
State Debt Rises by N94.79bn in Three Months
Nigeria's 36 states and FCT saw domestic debt rise to N3.96tn in Q2 2025. Experts warn of a structural crisis as debt servicing eats into funds for health and education. Read the full analysis.
SERAP Sues Governors Over ₦14trn Subsidy Funds
SERAP drags Nigeria's 36 governors and FCT Minister Wike to court, demanding transparency on ₦14 trillion fuel subsidy savings. Will justice prevail?
King Charles's Christmas Message Urges Global Reconciliation
King Charles III's 2025 Christmas speech highlights global division, praises interfaith peace efforts and heroes of violence. Read his full message of hope.
Tinubu sets up APC committee to resolve party conflicts
President Bola Tinubu inaugurates a strategy and reconciliation committee to unify the APC ahead of 2027. Meanwhile, opposition warns that mass defections threaten Nigeria's democratic balance.
Toyin Abraham, Wumi Toriola End 7-Year Nollywood Feud
Nollywood stars Toyin Abraham and Wumi Toriola have publicly reconciled after a rumoured seven-year rift. Their emotional hug at a Lagos cinema signals the end of a long-standing dispute that divided fans.
Radda: Don't blame only govs for economic hardship
Katsina Governor Dikko Radda urges Nigerians to scrutinise Federal Government's use of 52% revenue share. He argues states, LGAs bear public anger despite limited funds. Read his full interview.
MC Oluomo, Iyabo Ojo Reconcile on Her 48th Birthday
Former NURTW boss MC Oluomo publicly reconciles with Nollywood star Iyabo Ojo in a touching birthday tribute. See the heartfelt message and fan reactions.
Saraki Assures PDP Factions Will Unite in Months
Former Senate President Bukola Saraki announces ongoing talks to reconcile PDP's warring factions, promising a single, strong party within months. Read the latest.
UMC Nigeria Signs Reconciliation Deed, Ends Years of Conflict
The United Methodist Church in Nigeria signs a landmark Deed of Reconciliation in Jalingo, ending a 13-year dispute. The pact restores unity, withdraws all lawsuits, and creates new administrative areas.
Northern Leaders Initiate Christian-Muslim Reconciliation
Northern elders, led by Hakeem Baba-Ahmed and Prof. Yusuf Usman, have visited CAN and JNI offices across 19 northern states to foster peace amid rising tensions. Read the full story.
FG, States, LGs Share N1.9trn as FAAC Allocation Drops
The Federation Account Allocation Committee (FAAC) distributed N1.928 trillion for November 2025, a significant drop from October. See the full breakdown for FG, states, and LGs.
Lamido: PDP Will Form Alliances if Reconciliation Fails
Former Jigawa Governor Sule Lamido warns that the PDP must reconcile or seek alliances for 2027. He criticises defections and tribal politics. Read the full details.
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.
Femi Adebayo, Dayo Amusa Reconcile After Bobrisky Award Saga
A new video shows Nollywood stars Femi Adebayo and Dayo Amusa hugging, hinting at reconciliation months after their public fallout over the Bobrisky 'Best Dressed Female' award. See details and fan reactions.
Faithia Balogun, Funke Akindele End Feud with Movie Support
Nollywood stars Faithia Balogun and Funke Akindele appear to have reconciled as Faithia promotes Funke's new movie 'Behind the Scene'. See the heartwarming unboxing and fan reactions.
Annie Idibia Adds Husband's Surname Back on Instagram
A social media user's observation about Annie Idibia's Instagram name change has sparked online debate. Did she revert to 'Idibia'? See the reactions and what it means for 2Baba's situation.
Fresh Concern Over Femi Adebayo's Wife After Instagram Update
A new video update about Iyan Aladuke, Femi Adebayo's wife, has stirred Nollywood concerns. Her reconciliation post was removed, and a woman claims she's not in control of her phone. Details inside.
Tinubu Celebrates Metuh's 60th Birthday Milestone
President Bola Tinubu congratulates former PDP spokesman Olisa Metuh on his 60th birthday, praising his role as bridge-builder in Nigerian politics. Read more about this political tribute.
Senate rejects ethnic reconciliation commission bill
Nigerian Senate rejects bill for National Ethnic and Reconciliation Commission, citing redundancy, naming conflicts, and financial burden. Read the full details.
Wumi Toriola Kneels to End Feud with Afeez Owo
Nollywood stars Wumi Toriola and Afeez Owo reconcile publicly as Toriola kneels to apologize at Odunlade Adekola's movie premiere. Fans celebrate the end of their months-long conflict.
Ebonyi Projects N469.9bn FAAC Revenue in 2026 Budget
Governor Francis Nwifuru presents Ebonyi's largest-ever budget of N884.86bn, with 84.7% for capital projects. Strategic focus on industrialization and infrastructure development for economic growth.
Ebonyi Governor Proposes N884.86bn Budget for 2026
Governor Francis Nwifuru presents a historic N884.86 billion budget for Ebonyi State in 2026, focusing on infrastructure and human capital. Read the full breakdown of capital projects and revenue sources.
Oyo APC Reconciliation: Folarin, Adelabu Mend Fences
Oyo APC initiates reconciliation between Teslim Folarin and Adebayo Adelabu to unite fractured party, target 2027 governorship victory and maximum votes for Tinubu. Aggrieved Ondo APC aspirants also pledge support.
APC Chieftain Questions Abia's N49bn Monthly Revenue
APC chieftain Obinna Oriaku challenges Governor Alex Otti to provide transparency on Abia's N49bn monthly revenue and questionable expenditures. Read full details.
Ebonyi Governor Presents ₦884.86bn Budget for 2026
Governor Francis Nwifuru presents Ebonyi's largest-ever ₦884.86bn budget for 2026, focusing on infrastructure and human capital development. Read details of the 'Budget of Actualisation and Hope'.
ADC: Atiku's Party Registration Invalid
African Democratic Congress declares Atiku Abubakar's membership registration invalid. Party urges former VP to regularize status with authentic ward executives. Details on the constitutional violation.
MGK's F1 Joke Sparks Megan Fox Reconciliation Talk
Machine Gun Kelly's cheeky bedroom joke at Las Vegas F1 comes amid growing rumors he's reconnecting with Megan Fox after their breakup. Get the latest updates on their co-parenting journey.
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