The Nigerian National Petroleum Company Limited has revealed that it is now in the final stages of preparing for its highly anticipated listing on the capital market, by the provisions of the Petroleum Industry Act 2021. The NNPCL Chief Corporate Communications Officer NNPC Ltd, Olufemi Soneye, made the announcement in a statement released tod...
The Lagos State Special Offences Court, Ikeja, has ordered the forfeiture of 6.3 billion units of ordinary shares of Keystone Bank Limited, valued at N1.00 each, to the federal government. Justice Hakeem Oshodi on Tuesday gave the order after Sigma Golf Nigeria Limited, represented by its Chairman, Umaru Hamidu Modibbo, pleaded guilty to the f...
•Naira notes The Federation Account Allocation Committee (FAAC) on Friday shared a total sum of N1.123 trillion March 2024 Federation Account Revenue to the three tiers of government after its April meeting in Abuja. A statement by the Director of Press and Public Relations at the Office of the Accountant General of the Federation Bawa [&helli...
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,088.783 trillion November 2023 Federation Account Revenue to the Federal, States and Local Governments. As contained in a communique issued by the FAAC at its December, 2023 meeting, the N1,088.783 trillion total distributable revenue comprised distributable statut...
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