FAAC shares N903.480bn revenue to FG, States, LGs September
The Federation Account Allocation Committee has shared a total of N903.480 billion September 2023 Federation Account Revenue to the Federal
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ECONOMY
FEC to set up $5m annual poverty alleviation trust fund
The Federal Executive Council (FEC) on Monday endorsed the formation of a $5 million annual trust fund dedicated to
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Debt Restructuring: Finance Minister frowns at using Ways and Means for budget funding
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the federal budget cannot be
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South Africa set to overtake Nigeria as Africa’s biggest economy —IMF
The International Monetary Fund (IMF) has predicted that South Africa may overtake Nigeria as Africa’s largest economy, according to its
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BudgIT’s 2023 State of States Report: Rivers reigns again on fiscal performance ranking
Anambra joins Lagos, Kaduna, Ebonyi in top 5; Zamfara, Bayelsa and Benue lead from bottom BudgIT, a prime
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Tinubu secures $1.5bn zero-interest World Bank loan
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun announced at the Federal Executive Council (FEC)
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Breaking News: FG projects N26trn for 2024 budget
The Federal Government has projected a sum of N26 trillion as the estimate for the 2024 appropriation budget,
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Nigeria’s inflation hits 26.72% as food prices rise
food inflation rate in September rose by 7.30% to 30.64 per cent The National Bureau of Statistics (NBS) said
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Nigeria, others ask IMF, World Bank for debt relief
Nigeria and other developing nations are amplifying their request for debt relief within the G-24, an assembly of developing
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CBN defends eNaira, dismisses claims of threat to financial stability
The Central Bank of Nigeria (CBN) has refuted reports by some media outlets claiming that the apex bank’s digital
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