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•As oil producing states receive N1.6 trn By Elizabeth Adegbesan The Federal Government (FG), 36 states and 774 local governments shared N26 trillion from   Federation Account Allocation Committee (FAAC) revenue    in 2025. This represents an 84.2 percent year-on-year (YoY) increase when compared to N14.11 trillion shared in 2024.   Vanguard analysis of data in the FAAC […] The post FG, States, LGAs share N26.5trn in 2025 appeared first on Vanguard News.

Says  Unpaid Work gap persists across urban, rural Nigeria By Babajide Komolafe Women in Nigeria spend 21 per cent of their day  nearly five hours  on unpaid domestic and care work, compared to just 4.1 per cent, or about one hour, spent by men, according to the Nigeria Time Use Survey (NTUS) 2024 released by the National […] The post Women spend 21% of day on Unpaid Care, men 4% — NBS appeared first on Vanguard News.

By Bashir Bello KANO — The Nigeria Deposit Insurance Corporation, NDIC, said it has settled or reimbursed depositors of defunct banks within 72 hours of their closure. The affected banks include, Heritage Bank Limited, Union Homes Plc and Aso Savings and Loans Plc. Speaking during a one day stakeholders meeting held in Kano, the NDIC Executive […] The post NDIC pays depositors of defunct banks within 72 hours via BVN —Executive Director appeared first on Vanguard News.

By Peter Egwuatu UAC of Nigeria Plc, has announced its unaudited financial results for the fourth quarter and year ended 31 December 2025, recording a 74% increase in revenue to N343.4 billion from    N196.9 billion in the corresponding period 2024 following the successful completion of its transformational acquisition of C.H.I. Limited alongside continued contributions from […] The post UAC records 74% revenue surge, amid one-off acquisition related costs appeared first on Vanguard News.

By Sebastine Obasi The Chairman of Kaduna Electricity Distribution Company, KAEDECO, Mr. Aminu Suleiman, and the Managing Director of Niger Delta Power Holding Company, NDPHC, Engr. Jennifer Adighije, have agreed to a sustainable collaboration that would translate into tangible improvements in electricity generation and distribution efficiency in KAEDECO areas of operation. The collaboration was agreed upon […] The post NDPHC, KAEDCO deepen partnership to boost power supply in Kaduna appeared first on Vanguard News.

…as Commission holds seminar for judges By Obas Esiedesa, Abuja The Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr. Musiliu Oseni, has admitted that the recurring collapse of the national power grid has become a national embarrassment. Oseni made the remark in Abuja on Monday at the opening of the 2026 NERC Seminar for Judges, […] The post Recurring grid collapses a ‘national embarrassment’— NERC Chairman appeared first on Vanguard News.

Create dashboard to track complaints, reversals By Babajide Komolafe, Economy Editor, In a major regulatory intervention aimed at protecting consumers, the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have proposed a 30-minutes timeline for refund to subscribers in the event of failed airtime and data purchase transactions. The proposal is contained in the  […] The post CBN, NCC propose 30mins timeline for refund on failed airtime, data purchases appeared first on Vanguard News.

Legend Internet Plc has won the Market Debut Excellence Award at the 2025 NGX Made of Africa Awards, hosted by the Nigerian Exchange (NGX) Group. The post Legend makes history, wins NGX Market Debut Excellence Award appeared first on Vanguard News.

Network Capital Ltd. has been named Nigerian Exchange Ltd.’s Most Compliant Firm for 2025, securing the recognition for the second consecutive year in a sign of strengthened governance standards in Nigeria’s capital market. The post Network Capital wins NGX Compliance Award for second straight year appeared first on Vanguard News.

Rebels backed by the Islamic State group killed at least 20 people in an attack over the weekend on a village in eastern Congo, the military said Monday.