Economy
NERC orders DisCos to refund ₦20.33bn to metered customers
The Nigerian Electricity Regulatory Commission (NERC) has ordered all electricity distribution companies to pay ₦20.33 billion in outstanding meter reimbursements to customers under the...
FAAC: VAT revenue jumps to ₦1.08tn
Total Value Added Tax (VAT) earnings rose to ₦1.08 trillion in January as a new sharing formula commenced, altering how the proceeds are split...
Money laundering: Court acquits ex-NDDC director, others in ₦3.6bn EFCC case
A Federal High Court sitting in Lagos on Tuesday discharged and acquitted a former Executive Director of Projects, Niger Delta Development Commission (NDDC), Tuoyo...
Nigeria’s net reserves surge to $34.8bn in two years: CBN gov
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said Nigeria’s net foreign exchange reserves rose sharply to $34.80 billion at...
FG begins direct remittance of oil revenues to FAAC
Image idea: Wale Edun
The Federal Government has commenced the implementation of Executive Order 9 of 2026, which mandates the direct remittance of oil revenues...
