
Ten Nigerian states have significantly increased their domestic debt by N417.7 billion in the past year, defying a surge in federal revenue allocations and sparking concerns...

Nigerian state governments and the Federal Capital Territory have received a staggering ₦1.6 trillion from the Federal Government over the past 15 months, channeled through a...

The narrative in Nigeria often paints the federal government, currently led by President Bola Ahmed Tinubu, as the source of the nation’s woes. However, a closer...

The Federation Accounts Allocation Committee (FAAC) has announced the distribution of N1.15 trillion in revenue to the three tiers of government in February 2024, marking an...

Two agencies of the Federal Government, the National Bureau of Statistics (NBS) and the Federation Account Allocation Committee (FAAC) have issued conflicting figures on the revenue...

By DANLADI BATURE THE Bureau De Change (BDC) segment of the foreign exchange market(BDC) is expected to enjoy some level of calmness following the refund of...