Finance
FAAC: FG, states, LGs share N954bn
The Federation Account Allocation Committee (FAAC) has shared N954.085 billion Federation Account Revenue to the Federal Government, States and Local...
Nigeria must jack up revenue to reduce debt
Nigeria needs to earn higher revenue to manage its debt profile more efficiently. The Director-General, Debt Management Office (DMO), Mrs...
Nigeria’s inflation rate increases to 19.64% in July 2022 — NBS
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 19.64 per cent on a year-on-year basis...
Naira gains against dollar by 0.52%
The Naira on Tuesday appreciated against the dollar at the Investors and Exporters window, exchanging at N428.75. The figure represented...
Nigeria now 4th on top World Bank debtors list
Nigeria now occupies the 4th position on the World Bank's top 10 borrowers' list. Data from the global bank's newly...
70 CSOs seek Emefiele’s sack, reject 5% telecoms tax
A coalition of over 70 Civil Society Organisations (CSOs), the Nigeria Civil Society Situation Room, has called for the immediate...
DMO lists FGN savings bonds for subscription
The Debt Management Office (DMO) has announced two additional Federal Government of Nigeria (FGN) savings bonds for offer for the...
Why EFCC raided Abuja bureau de change hub
Operatives of the Economic and Financial Crimes Commission (EFCC) on Friday, raided a Bureau De Change (BDC) hub at Wuse...
N612bn Sukuk financing has improved economy – DMO
The Debt Management Office (DMO) says the financing of infrastructural projects with Sukuk, to the tune of N612 billion from...
Money in Excess Crude Account used for security -Minister
Minister of finance, budget and national planning, Zainab Ahmed, has said money from the country's Excess Crude Account (ECA) was...