FG seeks Senate’s approval for fresh $7.8bn, €100m loans
Barely 24 hours after seeking approval of the supplementary budget, President Bola Tinubu has approached the Senate for the approval of another $ and €100m loans. The request of the…
BudgIT’s 2023 State of States Report: Rivers Reigns Again on Fiscal Performance Ranking As Anambra Joins Lagos, Kaduna, Ebonyi in Top 5; Zamfara, Bayelsa, Benue Lead from Bottom
BudgIT, a prime civic-tech organization leading the advocacy for fiscal transparency and accountability in Nigeria, has launched the 2023 edition of its annual States of States report themed Subnational Healthcare…
Headline inflation rate ascended to 26.72% in September
Kayoed Ogunwale In the financial landscape of September 2023, the headline inflation rate ascended to per cent, surpassing its August 2023 counterpart at per cent. This shift underscores a…
FG, States, LGs shares N1.1trn from federation account
Nigeria flag The Federation Account Allocation Committee (FAAC) has shared a total sum of from the federation account as allocation to the three tiers of government for the month of…
Tinubu ring closing bell at Nasdaq; woos large scale investment at the Nigeria-U.S executive business roundtable
In honour of President Bola Tinubu's determined global push to aggressively attract foreign direct investment into Nigeria, the world's second largest stock exchange, the National Association of Securities Dealers Automatic…
NCC harps on Collaboration to strengthen payment system
L-R: Director, Communication & Public Affairs, Nigeria Deposit Insurance Corporation (NDIC), Bashir A. Nuhu, National Chairman, Finance Correspondents Association of Nigeria ( FICAN), Chima Titus Nwokoji, Head, Digital Banking, United…
Osinbajo at climate summit calls for quick global financial architecture reforms so Africa can access resources
Prof. Yemi Osinbajo Africa requires the reform of global financial architecture as that would position countries in the continent to access Climate Change action funding, resources and ensure long-term…
Nigeria’s Infrastructure Agenda Encompasses Roads, Rail, Aviation, Ports, Energy, Digital, and Social Development – Dr. Lazarus Angbazo
In the heart of New Delhi, Dr. Lazarus Angbazo, the Chief Executive Officer and Managing Director of the Infrastructure Corporation of Nigeria, passionately made the case that Nigeria, with its…
Subsidy Palliative: BudgIT calls for transparency and accountability in funds distribution
BudgIT, a civic-tech organization leading the advocacy for transparency, accountability, and effective service delivery in Nigeria, calls for openness and accountability concerning the distribution of the five billion naira relief…
FG, States Share N966b For July
For the Month of July 2023, the Federation Account Allocation Committee (FAAC), has shared billion revenue to the Federal Government, States and Local Government Councils (LGCs). The amount is higher…