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FG, States, LGs Shared N697bn Revenue In August – FAAC

FG, States, LGs Shared N697bn Revenue In August – FAAC             The Federation Accounts Allocation Committee on Wednesday said it shared a total of N696.965bn as August 2021 revenue to the Federal, States and Local Governments as well as other relevant agencies in Nigeria. The Office of...

Kerosene, Petrol Prices Rose In August – NBS

Kerosene, Petrol Prices Rose In August – NBS             Two reports from the National Bureau of Statistics have revealed that the prices of kerosene and Premium Motor Spirit, popularly known as petrol, increased year-on-year in August. The National Household Kerosene Price Watch report for August 2021 by...

DMO Offers August Savings Bonds For Subscription To Investors

DMO Offers August Savings Bonds For Subscription To Investors       The Debt Management Office has opened the August savings bond offer to investors. The DMO said in a circular on Monday that it is offering the Federal Government’s two-year and three-year savings bonds. The circular posted on its...

OPEC+ Crude Oil Production Raise Begins August

OPEC+ Crude Oil Production Raise Begins August       The Organisation of Petroleum Exporting Countries and its allies known as OPEC+ have upwardly adjusted their overall production by 0.4 million barrels per day (mbd). The decision was taken at the end of the 19th OPEC and non-OPEC Ministerial...

Fed Govt Recorded N409.39bn Fiscal Deficit In August – CBN

Fed Govt Recorded N409.39bn Fiscal Deficit In August – CBN       The Federal Government recorded a fiscal deficit of N409.39bn in August, even as its total federally collected revenue rose by 2.7 per cent to N767.55bn. The federally collected revenue generated in August was, however, below the...

68% Households Experienced Food Insecurity In August – NBS

68% Households Experienced Food Insecurity In August – NBS       Sixty-eight per cent of households experienced food insecurity in August as COVID-19 continued to have its impact on different sectors, the National Bureau of Statistics stated on Monday. Part of the report read, “The food security situation...