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Essential Nigeria News

Monday, September 14, 2026 Volume XXIII Breaking News & Latest Updates
FAAC Revenue Hits ₦47tn as Governors Face Spending Questions Business

FAAC Revenue Hits ₦47tn As Governors Face Spending Questions

 Nigeria’s 36 state governors are facing renewed scrutiny over the use of funds shared through the Federation Account Allocation Committee (FAAC) after about ₦47.25 trillion was distributed to the three tiers of government between 2023 and 2025.Data from the Federal Ministry of Finance showed t...

By Esther August 24, 2026
Banks Account for 92% of NFIU Suspicious Transaction Reports Business

Banks Account For 92% Of NFIU Suspicious Transaction Reports

 Nigerian banks accounted for about 92 per cent of suspicious transaction reports submitted to the Nigerian Financial Intelligence Unit (NFIU) in...

2 0
2 weeks ago
Dangote Refinery Expands Free Fuel Delivery to Four States Business

Dangote Refinery Expands Free Fuel Delivery To Four States

 The Dangote Petroleum Refinery has expanded its free petroleum products delivery initiative to Kano, Imo, Anambra, and Nasarawa states, in a mov...

2 0
2 weeks ago
FG Spends ₦6.47tn on Infrastructure, Highways Take Centre Stage Business

FG Spends ₦6.47tn On Infrastructure, Highways Take Centre Stage

 The Federal Government spent ₦6.47 trillion on strategic infrastructure development between June 2023 and December 2025, with major highway proj...

2 0
2 weeks ago
Five Firms Drive Nigeria’s $120m Non-Oil Export Earnings Business

Five Firms Drive Nigeria’s $120m Non-Oil Export Earnings

 Five companies accounted for about $120 million, or 29.51 per cent, of the earnings generated by Nigeria’s top 100 non-oil exporters in April 20...

2 0
2 weeks ago