Category : Search result: Federation Account revenue loss


Ebonyi ranks lowest in 2025 FAAC payouts

Ebonyi State received the lowest FAAC allocation of ₦112.19B between January-August 2025, highlighting Nigeria's revenue imbalance. Discover the states that got the most and least.

Nigerian Bank to Close Accounts Under N7.5M Balance

Standard Chartered Bank Nigeria will close customer accounts with less than N7.5 million in February 2026. Learn about the new requirements and branch closures affecting personal banking customers.

Nigeria Lost $300B to Oil Theft - Senate Probe

Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.

Nigeria Stock Crisis: ₦1.3Trn Lost in Day

Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.

NAAPE Unveils Licence Loss Insurance for Aviation Pros

The National Association of Aircraft Pilots and Engineers introduces groundbreaking insurance coverage protecting aviation professionals from career-ending medical conditions and regulatory suspensions.

Southern Kaduna Senator defects from PDP to APC

In a dramatic political shift, Senator Sunday Katung representing Southern Kaduna has officially defected from the Peoples Democratic Party to the ruling All Progressives Congress, citing national interest and progressive governance.

Nissan Projects ₦2.6 Trillion Loss for 2025-26

Japanese automaker Nissan projects massive ¥180 billion operational loss for 2025-26 fiscal year. Company announces aggressive turnaround strategy including new models and cost reduction measures.

Turkish Hair Transplants: Nigerian Guide

Discover why Turkey has become the hair transplant capital for Nigerians. Learn about costs, safety measures, and how to choose the right clinic for your hair restoration journey.

Recover Money Sent to Wrong Bank Account in Nigeria

Sent money to wrong bank account in Nigeria? This comprehensive guide reveals exactly what to do immediately, your legal rights, and how to successfully recover your funds from Nigerian banks.

Equinor's $251M Loss: Nigerian Oil Prices Plunge

Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.

Lady Shows Massive OPay Balance - Goes Viral!

A young Nigerian woman has set social media ablaze after proudly displaying her impressive OPay bank account balance online, sparking massive reactions and financial envy across platforms.

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