FAAC Shares N1.818 Trillion To FG, States, LGs For June 2025 As Revenue Surges 

The Federation Account Allocation Committee (FAAC) has distributed a total sum of N1.818 trillion to the Federal Government, State Governments, and Local Government Councils as Federation Account revenue for the month of June 2025. This represents a 9.6% increase—equivalent to N159 billion—when compared to the N1.659 trillion shared in May 2025. This was disclosed in…

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Astronomer CEO ‘Caught Cheating’ In Viral Video At Coldplay Concert; Wife Deletes Surname On Facebook

Megan Kerrigan Bryon, the wife of Andy Bryon, the CEO of Astronomer, a US software company, appears to have deleted her surname on Facebook and her account after footage of her husband allegedly cheating at a Coldplay concert went viral. During Wednesday night’s show at Gillette Stadium, Massachusetts, Coldplay frontman Chris Martin directed the jumbotron’s…

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FLASH: First HoldCo Denies Otedola, FG Involvement In N323.4bn Share Sale

First HoldCo Plc has officially denied reports linking its chairman, Femi Otedola, to the recent N323.4bn block sale of its shares, clarifying the actual parties involved in the transaction. In a statement signed by the First HoldCo’s Company Secretary, Adewale Arogundade, on Friday, the company addressed rumours circulating in the print and digital media about…

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Nigeria Exceeds OPEC Quota By Four Percent In June

With a record of 104%, Nigeria exceeded the Organisation of Petroleum Exporting Countries (OPEC) crude oil production quota in June 2025 by four percent. In the month under review, the country’s crude oil output was 1.505million barrels of oil per day, surpassing the 1.5mopd, the cartel allowed it to produce. The Nigerian Upstream Petroleum Regulatory…

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