Category: Finance

Budget office clarifies ₦246bn NEDC budget controversy

The Budget Office of the Federation has dismissed claims suggesting that the North East Development...

Insecurity: States spent N525bn on security votes in three years

States across Nigeria earmarked a combined N525.23bn for security votes and related operations between 2023...

Naira holds steady amid pressure at FX market

The Naira remained largely stable but continued to face pressure against the United States Dollar...

FG, states, LGs shared N6trn FAAC in Q3 2025

The Nigerian Extractive Industries Transparency Initiativ has disclosed that the Federal Government, states and local...

TETFund to disburse N6.452bn to tertiary institutions

The Tertiary Education Trust Fund has announced plans to disburse a total of N6.452 billion...

Nigeria cuts fuel import spending by 54% — CBN

Nigeria’s spending on the importation of refined petroleum products has declined sharply by 54 per...

Pound trades near ₦1,918 as naira stabilises against dollar

The British Pound recorded a marginal gain in the Nigerian Foreign Exchange Market on Tuesday,...

FG allocates N10bn to maintain Shettima’s aircraft

The Federal Government has earmarked a cumulative sum of N10.61bn for the overhaul of engines...

Naira steadies officially, weakens at parallel market

The naira began the second week of January 2026 on a mixed note against the...

2026 budget: MDAs introduce N3.5tn projects despite rollover order

At least N3.50tn worth of new projects have been identified in the proposed 2026 budget,...

2026 budget: NCCE focuses on personnel, operations

Within the education sector, the National Commission for Colleges of Education has unveiled its budget...

Naira records first weekly gain as FX liquidity improves

The naira recorded its first weekly gain of the year on Friday at the official...