Derivative Fund

Business

H1 2025: Derivative Fund Soars 128.83 percent to N781.83bn as Oil-Producing States Record Zero Foreign Investment in Q1

Sam Diala, THEWILL -
August 17, (THEWILL) — Nigeria’s nine oil-producing states amassed a total of N781.83 billion as statutory13 percent derivative fund from the Federation Account Allocation Committee (FAAC) in the first six months (H1) of 2025, according to data by the...
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HeadlineFelix Ifijeh, THEWILL -

Tinubu Concludes Saudi Arabia Visit, Thanks King Salman For Rare Access to Holy Ka’abah

President Bola Tinubu has concluded his visit to the Kingdom of Saudi Arabia, expressing gratitude to King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman for granting him and members of his delegation the rare privilege of entering the Holy Ka’abah in Makkah to offer prayers.
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