Local News
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349States Account for 48% of Public Spending –FG
The Federal Government has said state governments account for about 48 per cent of total public expenditure in Nigeria, stressing that stronger...
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229Cash Outside Banks Falls by ₦198b, Money Supply Dips
Cash held outside Nigeria’s banking system fell by N197.68bn in one month to N5.21tn in January 2026, even as the amount of...
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369M’East Conflict May Worsen Living Conditions –FG
The Federal Government has warned that the escalating geopolitical tensions in the Middle East could worsen the cost of living in Nigeria...
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268
FAAC: All Revenue-Generating Agencies Posted Sub 40% Performance in December
All the federal government’s major revenue-generating agencies fell short of their expected contributions to the Federation Account in December 2025, according to...
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386Power Firms Install 677,942 Meters in One Year
Nigeria’s electricity distribution companies ended 2025 with a modest improvement in customer metering, closing December with 6,966,584 metered customers and a national...
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273REA Confirms Progress on $750m Solar Projects
The Managing Director and Chief Executive Officer of the Rural Electrification Agency, Abba Aliyu, has said steady progress is being recorded under...
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264
NESG Advocates Fiscal Reforms to Cut States’ Dependence on FAAC
A new policy brief by the Nigerian Economic Summit Group (NESG) said rising fiscal deficits and heavy dependence on federal allocations continue...
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315All Revenue Assets Up for Concession –Edun
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this while giving an update on the country’s economy on...
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389FAAN’s Cash Transactions Cessation Starting February 29
The Federal Airports Authority of Nigeria has announced the cessation of all cash transactions across its operations nationwide, in compliance with the...
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420FG, IEA Seal Pact on Methane Reduction, Clean Cooking Expansion
The federal government has signed a Memorandum of Understanding (MoU) with the International Energy Agency (IEA) to strengthen cooperation on methane emissions...
