Oil Remittances Collapse: NNPC Delivers 14%
Nigeria’s oil-dependent economy faced a sobering reality in 2025 as the country’s hallmark revenue earner, the Nigerian National Petroleum Company ...
Tag: FAAC
Despite IGR Gains, 32 States Rely on FAAC for Over 60% of Their Revenue
Despite recurring calls for fiscal federalism and economic diversification, most Nigerian states remain tethered to monthly allocations from the Federation ...
Despite N17 Trillion Revenue Surge, Poverty Deepens Across States–Oyedele Warns of Fiscal Paradox
Despite a sharp uptick in revenues and reforms at the sub-national level, poverty remains a stubborn problem in Nigeria. Taiwo ...
World Bank Raises Alarm Over Nigeria’s Soaring Cost of Revenue Collection
The World Bank has warned that Nigeria’s cost of collecting revenue has more than doubled within a year, a trend ...
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Fraudsters Steal N134 Billion From Banks and Customers, CBN Reports
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Nigerian Marketers Import Dangote Fuel Through Lome Trading Hub
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Nigeria Fixed Income Market Records Strong Activity as Treasury Bills Dominate ₦1.85 Trillion Turnover
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Lagos Secures €170 Million EIB Funding to Transform Water Transportation System
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Nigeria’s reserves have already reached around $50 billion and are approaching the CBN’s projected $51 billion year-end level
