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NigeriaBusiness

FAAC Revenue Hits ₦31.46tn in Nine Months, Exceeds Four Previous Annual Totals

Nigeria’s gross revenue shared through the Federation Account Allocation Committee (FAAC) reached ₦31.46 trillion in the first nine months of 2026, exceeding the...

EconomyPolitics

Obasanjo, Diri Demand More Oil Revenue for Niger Delta

Former President Olusegun Obasanjo and Bayelsa State Governor Douye Diri have called for increased oil revenue allocation to the Niger Delta region, highlighting...

Delta, Bayelsa, Akwa Ibom Receive 75% of N321.9bn Q1 2026 Derivation Funds
BusinessNigeria

Delta, Bayelsa, Akwa Ibom Receive 75% of N321.9bn Q1 2026 Derivation Funds

By Benson Daniel Delta, Bayelsa and Akwa Ibom states accounted for about 75 percent of the N321.9 billion distributed as 13 percent derivation...