How 23 States Grew Foreign Loans By 64%   Twenty-Three Nigerian states grew bilateral loans by 64.26 per cent in six months to $462.81m as of the end of June. Most of the loans were taken from China, India, France and other countries. This was despite the persistent...

In Six Months, States Receive N1.51trn FAAC Allocation – NEITI The 36 states of the federation received about N1.51tn, or 34.5 per cent of the total N4.37tn shared by the three tiers of the government between January and June 2023, the Nigeria Extractive Industries Transparency...

FAAC: Federal, States, LGs Share N4.37trn In Six Months - NEITI The three tiers of government – the Federal, States and Local Government Councils, LGs, shared a total of N4.37 trillion from the Federation Account as statutory revenue allocations between January and June 2023. This is...

FAAC: States, Local Govts Get N2.59trn As Economic Hardship Worsens   States and local governments got N2.59tn from the federation account in the first six months of 2023 amid worsening economic hardship in their respective states. This is a 27.62 per cent increase from the N2.03tn that...

28 States Attracted No Foreign Investment In Q1 - NBS   28 states failed to attract capital importation in the first quarter of 2023, according to the new Foreign Direct Investment data released by the National Bureau of Statistics (NBS). Out of the 36 states and the...

FAAC: FG, States, LGAs share N786bn in May   The Federation Account Allocation Committee (FAAC) says it shared N786.16bn among the three tiers of government in May 2023. The figure represents an increase of N130.23bn compared to the N655.93bn shared in April 2023, and it is the...