Category : Search result: empty bank account


Governors Resist LG Autonomy Despite Supreme Court Order

Over 19 months after the Supreme Court granted financial autonomy to Nigeria's 774 LGAs, state governors exploit constitutional gaps to resist full implementation, stalling grassroots development. Read the full investigation.

Clarifying FG Revenue vs Federation Account Funds

Public debate on Nigeria's finances is clouded by confusion. We break down the key distinction between total government revenue and the Federal Government's actual share. Understand the facts behind the recent statements.

Lady Shows N265.8M Balance in VeryDarkMan's NGO Account

A Nigerian lady, Anita Chinwe Ihebinike, has sparked online debate by sharing the real-time statement of VeryDarkMan's NGO, showing N265.8 million left. She questions the lack of scrutiny on activist Harrison Gwamnishu's NGO finances. Read the full story

CBN Issues New Cash Directive to Banks for 2026

The Central Bank of Nigeria has directed commercial banks to guarantee steady cash flow in ATMs and branches nationwide. This follows a successful festive season with minimal scarcity.

APC's Igbokwe Slams Igbo 'Empty Lagos' Claims as 'Stupidity'

APC chieftain Joe Igbokwe condemns social media posts by some Igbos claiming Lagos was left 'empty' after their Christmas travel. He calls it petty, ignorant, and urges his people to focus on rebuilding Igboland. Read his full open letter.

Nigeria's Fuel Exports Jump 44%, Hits $3.42bn Surplus

Nigeria's current account surplus reached $3.42bn in Q3 2025, driven by a 44% surge in refined fuel exports. This marks a pivotal shift as domestic refining capacity grows, reducing import dependency. Discover the details and what it means for the economy

NNPC remits N12.1trn, reports N502bn profit in 2025

NNPC Limited remitted N12.117 trillion to the Federation Account in ten months, reporting strong revenue and profit growth. Oil production held steady as key gas pipeline projects near completion.

Man Cries Out as N100k Bank Transfer Becomes N63k

A Nigerian man raises alarm after transferring N100,000 to his Zenith Bank account, only to find a balance of N63,000. The incident sparks online reactions and tax deduction theories. Read full details.

Tax Chief: No Auto-Debit from Accounts in New Law

Taiwo Oyedele assures Nigerians the new tax reforms will not lead to automatic bank debits. The system is based on self-declaration, targeting high-income individuals. Read details.

Wike: Governors Blindfolded by Subsidy Cash

FCT Minister Nyesom Wike criticizes state governors for financial mismanagement post-subsidy removal. He reveals his own fiscal record and warns against money-driven politics. Read his full analysis.

NNPC Debt Waiver: Only Penalties Forgiven

Clarification emerges that NNPC's $1.42bn and N5.57tr debt waiver covered only interest and penalties, not core royalties. CHRICED slams the move as reckless and opaque.

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