Companies Income Tax News

June FAAC Allocation Rises to ₦2.55tn as FG, States, LGs Receive ₦250bn Increase

The June FAAC Allocation climbed to ₦2.55 trillion, with the Federal Government, 36 state governments and the 774 local government ...

by Paul Joseph

October 15, 2026

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Companies Income Tax News

June FAAC Allocation Rises to ₦2.55tn as FG, States, LGs Receive ₦250bn Increase

Stay Connected test

FG’s ₦25,000 HoPE-CT Payments: How Beneficiaries Can Access Their Funds

FG Grants and Loans 2026: Who Qualifies and How to Apply (Live Tracker)

Minimum Wage Update: Salaries, Allowances and New Wage Talks in Nigeria (Live Tracker)

Family Resolves Dispute Over Toluwanisings Burial Controversy

Delta 2027 Governorship Election: Candidates, Parties and Campaign Updates

2027 Presidential Election: Candidates, Running Mates and Campaign Updates (Live Tracker)

Dollar to Naira Exchange Rate Today: Official and Black Market Rates (Live Tracker)

Strike Update Today: ASUU, SSANU, NLC and Other Strikes in Nigeria (Live Tracker)

PSG Hammer Villarreal 6-0 After Scoring 4 Goals In 17 Minutes

Barcelona Thrash Aston Villa 3-0 to End Unbeaten Champions League Run

Man Utd Stun Roma With Dramatic 3-2 Champions League Comeback

Bayern Beat Stubborn Atletico Madrid 2-0 In Madrid

Recent News

PSG Hammer Villarreal 6-0 After Scoring 4 Goals In 17 Minutes

Barcelona Thrash Aston Villa 3-0 to End Unbeaten Champions League Run

Man Utd Stun Roma With Dramatic 3-2 Champions League Comeback

Bayern Beat Stubborn Atletico Madrid 2-0 In Madrid

About The Trumpet

Resources

Recent News

PSG Hammer Villarreal 6-0 After Scoring 4 Goals In 17 Minutes

Barcelona Thrash Aston Villa 3-0 to End Unbeaten Champions League Run