FAAC: FG, States, LGs Share N3 trn
The three tiers of government have shared N3.007 trillion as July 2026 revenue. The revenue was shared at the Federation Account Allocation Committee, FAAC, meeting...
Cement Price: FCCPC Uncovers Possible Manipulation After 3-Month Probe
The Federal Competition and Consumer Protection Commission (FCCPC) says it has uncovered possible manipulation of cement prices in the Nigerian market following a three-month...
Tinubu’s Reforms Push FAAC Allocations Above N2trn Monthly – Oyedele
Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele, says the Federal Government’s economic reforms have pushed the monthly Federal Allocation...
The N159 trn Question: When Borrowing Becomes Betrayal
There is a certain tragedy in watching a nation articulate its own contradictions in public. On one hand, the Debt Management Office tells us...
Economists Support U.S. Position, Faults Nigeria’s Lack of Fiscal Transparency
Economists have backed the United States’ assessment that Nigeria failed to meet minimum fiscal transparency requirements, warning that weak budget implementation, poor disclosure of...
Low Import Bill Pushes Nigeria’s Trade Surplus To $3.46b
Driven by an 18.7 percent decline in import bill, Nigeria’s trade surplus rose by 32.06 percent month-on-month (MoM) to $3.46 billion in April 2026...
Dollar To Naira Exchange Rate Today, August 11, 2026
The naira traded around ₦1,368 to the US dollar in the official Nigerian Foreign Exchange Market (NFEM) on Tuesday, August 11, 2026, as the...
Dollar To Naira Exchange Rate Today, August 10, 2026
The naira opened the new week relatively steady against the United States dollar across both the official Nigerian Foreign Exchange Market and the parallel...
Only 6 Banks Pay N1.27trn Dividends Despite Huge Profits
Only six of Nigeria’s biggest listed banks rewarded shareholders with a combined N1.27 trillion dividend for the 2025 financial year, while five other profitable lenders were...
Naira Appreciates To N1,416/$ In Parallel Market
The Naira yesterday appreciated to N1,416 per dollar in the parallel market from N1,420 per dollar on Wednesday. However, the naira depreciated to N1,365.1 per...
