Federal Account Allocation Committee (FAAC)
FG, states, 779 councils share N1.678trn February revenue out of N2.344trn collected
The Federal Account Allocation Committee (FAAC) has distributed a total of N1.678 trillion as revenue for February 2025 to the three tiers –...
FG, states, LGs share whopping N1.727trn at November FAAC meeting
The Federal Accounts Allocation Committee (FAAC) has distributed a massive N1.727 trillion to the federal government, states, and local government councils for November....
Naira Plummets to N1,658.48 After Central Bank Raises Interest Rates
The Nigerian naira suffered a significant decline on Tuesday, dropping by 5.8% to N1,658.48 against the US dollar on the official foreign exchange...
