FG's FX Windfall Crashes by 73% to N589bn in Six Months   Revenue from foreign exchange rate gains crashed by 73 per cent in the first half of 2025, falling to N589.45bn from N2.199tn recorded in the same period of 2024, signalling a major shift in...

From Farm to Foreign: Nigeria's Economic Missteps By Shamsudeen Ibrahim When former President Muhammadu Buhari and his late Chief of Staff, Abba Kyari, championed the mantra "We must eat what we produce," critics dismissed them as out of touch. The administration enforced border controls, restricted food...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed concern over the inflationary implications of rising liquidity levels in the banking system.

FAAC Disburses N1.818 Trillion Allocation for June 2025 The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.818 trillion to the Federal, State, and Local Governments as revenue generated in June 2025, marking the highest monthly allocation so far this year. The record allocation...

FAAC: FG, States, LGs Share N1.659tn Revenue for May The Federation Account Allocation Committee (FAAC) has distributed a total of N1.659 trillion among the three tiers of government for May 2025. This was disclosed in a communiqué issued on Wednesday after the June meeting chaired by...

The Federal Government, 36 states, and 774 local government councils have shared a total of N1.681tn as Federation Account revenue for April 2025, representing a 6.5 per cent increase compared to the N1.578tn shared for March.