Interbank rates decreased considerably following inflows from the Federal Account Allocation Committee (FAAC), which slammed ...

A report released by the Nigerian Extractive Transparency Initiative (NEITI) has revealed that the Federal Accounts ...

Money market rates fell as the financial system's liquidity balance increased, ending in positive territory on Friday.

Key revenue-generating agencies of the Federal Government, such as the Federal Inland Revenue Service (FIRS), the Nigeria Customs Service (NCS) and the Nigerian Upstream Petroleum Regulatory ...

With the astronomical rise in the revenue allocations to the states, it is really time for Nigerians to focus attention on ...

Following his inauguration as President of Nigeria in May 2023, Bola Tinubu announced in his inaugural address that his ...

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) will arraign Zangina Galadima Zango, the ...

Data from the Nigeria Extractive Industries Transparency Initiative (NEITI) from its latest Quarterly Report on Federation Account Revenue Allocations for Q2, indicated that the federal government ...

NEITI says the federal government’s revenue from the FAAC decreased by N41.44 billion in the second quarter (Q2) of 2024.

The three tires of governments comprising federal, states and local government councils shared the total sum of N1.203 trillion as August revenue from federation purse. The distribution was endorsed ...

The Federation Account Allocation Committee (FAAC), at its September 2024 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum ...

Despite a 40 percent increase in their statutory allocation from the Federation Account, the states collectively borrowed a ...