The Federation Account Allocation Committee (FAAC) Post-Mortem Sub-Committee has recovered N2.36tn and $7.87m in outstanding revenue arrears from revenue-generating agencies ...
Read moreNigeria’s struggling solid minerals sector recorded a historic fiscal milestone in 2025, generating a total revenue of N68 billion within ...
Read moreThe Federal Government has proposed a total deduction of N3.6 trillion from the Federation Account to fund electricity subsidies between ...
Read moreNigeria recorded a historic N6.0 trillion in Federation Account Allocation Committee (FAAC) disbursements in the third quarter (Q3) of 2025, ...
Read morePresident Bola Ahmed Tinubu has approved the write-off of a substantial portion of debts owed by the Nigerian National Petroleum ...
Read moreThe Federation Account Allocation Committee (FAAC) has distributed a total of N2.094 trillion to the federal, state and local governments ...
Read moreThe Federal Government, through the Federation Account Allocation Committee (FAAC), has extended the ongoing probe and reconciliation of payments made ...
Read moreThe Federation Accounts Allocation Committee (FAAC) has raised fresh concerns over huge unresolved oil revenues, disclosing that more than $42.37 ...
Read moreThe Federation Account Allocation Committee (FAAC) on Wednesday announced that the Federal Government, states, and Local Government Councils shared a ...
Read moreNigeria’s Federation Account recorded a significant inflow of ₦1.49 trillion in the first half of 2025 from arrears reconciled and ...
Read moreBusiness 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.
