FAAC: FG, states, LGs share N1.578trn for March

The Federation Account Allocation Committee (FAAC), on Monday, shared N1.578 trillion among the Federal Government, states and the Local Government Councils (LGCs) for the month of March. A communiqué issued by Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant-General of the Federation (OAGF), said the revenue …

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FG declares Friday, Monday as public holidays

The Federal Government has declared Friday, April 18, and Monday, April 21, as public holidays to mark this year’s Easter celebrations. The announcement was contained in a statement issued on Tuesday in Abuja by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani. According to the statement, the …

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Bauchi approves N872m to boost primary healthcare

The Bauchi State Governor Bala Mohammed has granted approval for the release of N872m as the state’s counterpart funding to its primary healthcare sector. Bala disclosed this on Tuesday at the meeting of the state task force on primary healthcare and the award presentation held at the banquet hall, government …

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Interpol joins EFCC in N1.3tn CBEX probe

The Economic and Financial Crimes Commission has launched an investigation into the alleged N1.3tn frauds perpetrated through a digital investment platform, CryptoBank Exchange. CBEX, operated by a group of foreign nationals in collaboration with their Nigerian partners, reportedly collapsed on Monday, leaving thousands of investors stranded and unable to access …

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Stanbic IBTC Bank unveils “There Is More” campaign: A rallying call for CEOs across Nigeria

Stanbic IBTC Bank ignites a nationwide conversation with the launch of its latest thematic campaign, ‘There is Possible, Then There is More.’ Anchored by a compelling open letter to Nigeria’s CEOs, the initiative challenges business leaders and innovators to transcend current horizons, fostering a mindset of amplified possibility, sustained growth, and …

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Dangote Cement is the Platinum winner of ICAN, NGX’s Corporate Reporting Award

For its excellence in corporate transparency and governance, Dangote Cement Plc has been honoured as the Platinum winner of the Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Limited (NGX REGCO)’s Corporate Reporting Award for the financial year ending 2023. Organised by ICAN-NGX REGCO, the event was meant to celebrate excellence in corporate transparency and governance. It was …

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NUJ COMMENDS DANGOTE FOR CRASHING PETROL PRICE

  The Nigeria Union of Journalists (NUJ), Lagos State Council has commended Dangote Refinery for its consistency in the price reduction of Premium Motor Spirit (PMS) otherwise known as petrol. Reacting to the latest reduction in the ex-gantry loading cost of PMS from ₦880 per litre to ₦865, the Chairman, …

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