The Federation Account Allocation Committee (FAAC) has distributed a total of N2.036 trillion among the Federal Government, state governments and local government councils as revenue allocation for March 2026.
Data from the National Bureau of Statistics (NBS) showed imports remained significant across all quarters, with values of ₦125bn in Q1, ₦117bn in Q2, ₦92bn in Q3, and ₦101bn in Q4.
Foreign investment in Nigeria’s manufacturing sector fell 54.11% in the first nine months of 2025, despite a sharp rebound in overall capital inflows, according to National Bureau of Statistics (NBS) data.
Capital Importation Surges 380% to $6bn in Q3 2025
Nigeria recorded a sharp rise in capital inflows in the third quarter of 2025, with total importation hitting $6.01 billion, according to the National Bureau of Statistics (NBS).
The figure represents a 380% increase compared to $1.25...
PRNigeria Factcheck Debunks Viral Video Claiming Atiku’s Wife Insulted ObasanjoÂ
A viral Facebook video purporting to show , wife of former Vice President , verbally attacking former President has been debunked as misleading following investigations by PRNigeria.
The video, widely circulated on Facebook between January 21...
The Monetary Policy Committee of the Central Bank of Nigeria has retained the benchmark interest rate at 27 per cent, extending its pause on monetary tightening.
