The sum of ₦2.036 trillion, being the March 2026 Federation Account Revenue, has been shared among the federal, state, and local governments.
The gross statutory revenue rose to N1.7 trillion in March, about nine per cent or N138 billion higher than the N1.56 ...
Dear readers, Let me tell you about Chidi. Chidi works for a logistics company in Lagos. Last month, his manager sent him a ...
Nigeria has approved billions to clear power sector debts. Analysts say the move may stabilise electricity supply, but deeper ...
President Tinubu dismissed Finance Minister Wale Edun amid controversial economic reforms, sparking public frustration as ...
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FAAC: More revenue, more obligations

FOR Nigeria, rising revenues have come with rising obligations. The latest World Bank Nigeria Development Update underscores this paradox. Even as macroeconomic reforms gather pace under President ...
Nigeria has approved billions to clear power sector debts. Analysts say the move may stabilize electricity supply, but deeper structural problems remain unresolved.
The Nigerian entertainment industry is famous for wealth and style, and spending on luxury cars, which has reached a new high ...
Nigeria’s domestic debt has reached ₦80.49 trillion following the Federal Government’s ₦100 billion borrowing from the ...
Nigeria’s domestic debt has reached ₦80.49 trillion following the Federal Government’s ₦100 billion borrowing from the ...