•As oil producing states receive N1.6 trn By Elizabeth Adegbesan The Federal Government (FG), 36 states and 774 local governments shared N26 trillion from   Federation Account Allocation Committee (FAAC) revenue    in 2025. This represents an 84.2 percent year-on-year (YoY) increase when compared to N14.11 trillion shared in 2024.   Vanguard analysis of data in the FAAC […]

By Obas Esiedesa The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Saidu Mohammed, has blamed the persistent electricity supply challenge in Nigeria on weak commercial arrangements in the gas-to-power segment, rather than lack of gas resources or generation capacity. Mohammed noted that while Nigeria currently produces about eight billion standard […]

Says  Unpaid Work gap persists across urban, rural Nigeria By Babajide Komolafe Women in Nigeria spend 21 per cent of their day  nearly five hours  on unpaid domestic and care work, compared to just 4.1 per cent, or about one hour, spent by men, according to the Nigeria Time Use Survey (NTUS) 2024 released by the National […]

By Bashir Bello KANO — The Nigeria Deposit Insurance Corporation, NDIC, said it has settled or reimbursed depositors of defunct banks within 72 hours of their closure. The affected banks include, Heritage Bank Limited, Union Homes Plc and Aso Savings and Loans Plc. Speaking during a one day stakeholders meeting held in Kano, the NDIC Executive […]

The United States Department of Homeland Security (DHS) has announced plans to deport an additional 18 Nigerians listed on its “worst-of-the-worst” criminal register, bringing the total number of Nigerians slated for removal to 97. The DHS website on Monday showed that 18 more names had been added, indicating an expansion of the ongoing enforcement exercise […]