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The Journal

The Journal

The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview

Trending News
  • Home
  • News & Issues
    • News
    • Art and EntertainmentHighlighting outstanding careers in the Arts and Entertainment industry in Nigeria.
    • Food and AgricultureHighlighting outstanding careers in the Food and Agricultural Sector in Nigeria.
    • Health, Science and TechHighlighting outstanding careers in the Health sector in Nigeria.
    • Education
    • GovernanceHighlighting outstanding careers in Governing Offices in Nigeria.
    • Politics
    • Business
    • Economy
    • International AffairsDescription for Category, better for SEO purpose
    • Features
    • SportsHighlighting outstanding careers in the field of Sports in Nigeria.
  • People
    • Biography
    • Profiles and eBooksFeatured posts
    • In Memoriam
    • HERstory
  • Brands, Culture and Lifestyle
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Federation Account

  • Latest

Adebutu: All Governors Divert LG Funds

Daniel Otera2 months ago06 mins

  An accusation that every governor in Nigeria is misappropriating local government allocations has thrust the country’s stalled fiscal autonomy reform back into public debate, after the Peoples Democratic Party (PDP) governorship candidate in Ogun State, Oladipupo Adebutu, told traditional rulers in Abeokuta that the diversion of council money cuts across party lines. Adebutu made…

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  • Business

N2.55trn June Windfall Extends Nigeria’s Longest FAAC Rally In 2026

Daniel Otera2 months ago06 mins

  The N2.550 trillion that landed in the coffers of Nigeria’s three tiers of government for June carries a headline that is easy to read and a subplot that is far more consequential. The distributable sum, shared at the July meeting of the Federation Account Allocation Committee (FAAC) in Abuja, marks the highest monthly payout…

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NNPC Remits 19 Trillion Naira in 14 Months
  • News

NNPC Remits 19 Trillion Naira in 14 Months

Ebenezer Chukwudi3 months ago3 months ago02 mins

The NNPC Limited has remitted N19.5 trillion to the Federation Account over fourteen months following a series of structural operational overhauls. Bayo Ojulari, the group chief executive officer, announced the figures during an energy conference in Abuja. The state-backed energy firm also clawed back $3.4 billion in expenses through aggressive contract restructuring and procurement adjustments….

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  • Business

N462bn: NNPC Profit Falls As Revenue Sheds N636bn

Daniel Otera3 months ago03 mins

  Higher crude flows failed to lift the bottom line for the Nigerian National Petroleum Company Limited in May 2026, as the state oil firm recorded a profit after tax of N462 billion, down from the N481 billion posted in April, despite pumping its most crude in nearly a year. The company’s Monthly Report Summary…

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  • Features

Medical Treatment: Okowa Asks EFCC To Release Held Passport

Daniel Otera3 months ago03 mins

  Former Delta State governor Ifeanyi Okowa has moved to retrieve his international passport from the Economic and Financial Crimes Commission, seeking to travel abroad for medical treatment even as the agency presses on with its investigation into the alleged diversion of N1.3 trillion in state funds. Sources within the anti-graft agency said the former…

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Why Inter-Agency Oil Audit Battles Never Produce Refunds
  • Nation

Senate Rejects NNPCL Explanation on N210trn Discrepancy

Muhummad Musa7 months ago7 months ago03 mins

The Senate Committee on Public Accounts has rejected the financial explanations provided by the Nigerian National Petroleum Company Limited (NNPCL) regarding ₦210 trillion in unaccounted funds. Committee Chairman Aliyu Wadada announced on Sunday Politics that the current leadership, led by Group CEO Bayo Ojulari, failed to substantiate two massive entries in the company’s 2017–2023 audited…

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  • Features

“Executive Orders Carry Force of Law, But Not Above National Assembly” — SAN

Daniel Otera7 months ago07 mins

  Legal experts and stakeholders are weighing in on President Bola Tinubu’s recent executive order that halts revenue deductions by the Nigerian National Petroleum Company Limited and other agencies, highlighting tensions between presidential authority and legislative supremacy under Nigeria’s 1999 Constitution. The directive, aimed at curbing what the administration views as excessive deductions from oil…

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