FAAC: FG, STATES, LGAs SHARE N1.681 TRILLION IN APRIL
By: Sefiu Ajape The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.681 trillion as revenue generated in April 2025 to the Federal...
ECONOMY: FG TO LAUNCH $1.1B NAPM INITIATIVE TO STABILIZE FOOD PRICES
The Federal Government is set to launch the National Agribusiness Policy Mechanism (NAPM) to strengthen agricultural productivity, stabilise food prices, and drive economic growth. ...
FG, STATES, LGs SHARE N1.578 TRILLION FAAC ALLOCATION FOR MARCH
The Federation Account Allocation Committee (FAAC) has distributed a total of ₦1.578 trillion to the federal, state, and local governments for March 2025, marking the...
FG TO ROLL OUT 77,400 HOUSING UNITS ACROSS 774 LGAS NATIONWIDE
The Minister of Housing and Urban Development, Ahmed Dangiwa, has announced that the Renewed Hope Social Housing Programme will soon be rolled out across all...
JUST IN: CRUDE OIL RESERVES REACH 37BN BARRELS, GAS RISES TO 210.54TCF – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission has revealed the country’s current petroleum reserves, reporting a remarkable 37.28 billion barrels of crude oil and condensate, along...
NIGERIA’S PUBLIC DEBT RISES TO N144.67TN
Nigeria’s total public debt surged to N144.67 trillion ($94.23 billion) as of December 31, 2024, marking a 48.58%increase from N97.34 trillion ($108.23 billion) recorded at...
OJULARI TAKES OVER FROM KYARI AS NEW NNPCL BOSS (PHOTOS)
Bayo Ojulari, the newly appointed Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), has officially taken over from his predecessor, Mele...
CENTRAL BANK OF NIGERIA DEBUNKS FAKE N5,000 AND N10,000 BANKNOTES CIRCULATION CLAIMS
The Central Bank of Nigeria (CBN) has officially discredited viral claims suggesting the introduction of new N5,000 and N10,000 banknotes. The apex bank, through its...
NAIRA APPRECIATES AGAINST DOLLAR IN OFFICIAL MARKET, TRADES AT N1,536.82
The Naira appreciated on Friday in the official market, trading at N1,536.82 to a dollar. Data from the Central Bank of Nigeria website showed that...
ECONOMY: COMPLETE CASH TRANSFERS TO VULNERABLE NIGERIANS, IMF TELLS FG
In light of ongoing economic changes, the International Monetary Fund has urged the federal government to speed the implementation of its cash transfer program to...