Nigeria has posted its strongest federation account inflows in recent years in Q3 2025 as cash to governments surged, while ...

Nigeria posted its strongest Federation Account inflows in recent years in Q3 2025, with cash transfers to governments ...

The Federation Account Allocation Committee has shared a total of N1.928 trillion as federation allocation for November 2025 among the ...

In Nigeria, the Federal Account Allocation Committee (FAAC) disburses funds to support local government activities and drive development in areas with high revenue potential. Over the past three ...

The Nigerian National Petroleum Corporation has warned that it would not make any remittance to the Federation Account Allocation Committee in the month of May after spending N111.966 billion to ...

The face-off between the Nigeria National Petroleum Corporation (NNPC) and other members of the Federation Account Allocation Committee (FAAC) has taken an ominous twist as the monthly FAAC meeting ...

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has raised concerns over the inflationary risks posed by rising liquidity levels in the banking system, warning that increasing statutory ...

The Federation Account Allocation Committee (FAAC) has disbursed N2.225 trillion as federation revenue for August 2025 — the highest ever allocation to the three tiers of government and other ...

The Federal Government, states and local government councils have shared N639.901 billion for the month of September, Mr Aliyu Ahmed, Permanent Secretary, Ministry of Finance, Budget and National ...