The NUT has expressed pessimism that the local governments in Nigeria may not be able to pay primary school teachers once the ...

An analysis of data from the public debt reports released by the Debt Management Office, said the rise was 14.57 per cent higher than the N10.01tn recorded in December 2023.

The revenue of the Federation Account earnings (FAAC) rose to N6.28 trillion in the second quarter of 2024, driven by ...

Governors have been accused of stiffening the local governments financially. However, the challenge of local governments is ...

Buoyed by the healthy IGR profile, Governor Fubara recently boasted that a court decision stopping the release of federal ...

The Federation Account Allocation Committee (FAAC), Thursday, disbursed a total of N1.298 trillion to the federal, state, and local governments from a gross revenue of N2.298 trillion for September.

The Federal Accounts Allocation Committee (FAAC) has shared N1.298 trillion among the federal government, states, and local government councils (LGCs) for September. This is according to a ...

BudgIT, a civic tech organisation, has said that only Lagos and Rivers states can take care of their operating costs without ...

Office says Nigeria’s external debt has hit record levels at $42 billion as of June 2024The DMO data shows that in the 36 states, including the FCT, 11% of Nigeria’s external debt stockDMO said that ...

The highest monthly debt servicing payment in 2024 occurred in May, amounting to $854.37m, the highest monthly expenditure in 2023 was $641.70m, recorded in July.

In the second quarter of 2024, the Federation Account earnings (FAAC) generated N6.28 trillion in income, primarily due to substantial collections from excise taxes, customs, and value-added tax (VAT) ...