FG, states, local govts share N1.42trn in January 2025

The Federation Account Allocation Committee (FAAC) has disbursed a total sum of N 1.424 trillion to federal, state and local governments. The total amount is derived from the federation account revenue generated in December 2024. The disbursement, which was made at the January 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja on Friday […] More

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Mercy Chinwo’s manager faces arrest over alleged $345,000 fraud

A Federal High Court in Lagos, presided over by Justice Alexander Owoeye, has issued an arrest warrant for Ezekiel Onyedikachukwu, the manager of renowned gospel singer Mercy Chinwo. The warrant comes in response to allegations of financial misconduct involving $345,000. The Economic and Financial Crimes Commission (EFCC) sought the warrant following a motion ex parte. […] More

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