FAAC Disburses N2.094trn Allocation for October 2025
The Federation Account Allocation Committee (FAAC) has distributed a total of N2.094 trillion to the federal, state and local governments ...
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Tag: #PublicFinance
Nigeria Moves to Introduce Travel Insurance to Cut Billions Spent on Repatriation
The National Insurance Commission (NAICOM) and the Ministry of Interior have begun a strategic collaboration to develop a comprehensive travel ...
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Nigeria Spends $2.93bn Servicing Eurobonds in Two Years Under Tinubu
Nigeria has spent approximately $2.93bn servicing its Eurobond obligations across eight quarters under President Bola Tinubu, according to external debt-service ...
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FG Borrowed ₦17.36trn in 10 Months — 80% Above 2025 Budget Limit
The Federal Government (FG) has borrowed a total of ₦17.36 trillion from both domestic and external sources within the first ...
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National Assembly Approves Tinubu’s Request to Raise $2.35bn for Budget Deficit and Eurobond Refinancing
The National Assembly has approved President Bola Tinubu’s request to raise a total of $2.347 billion from the international capital ...
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DMO : Nigeria’s Public Debt Rises to N152.4 Trillion in Q2 2025
Nigeria’s total public debt climbed to N152.40 trillion as of June 30, 2025, up from N149.39 trillion recorded at the ...
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Budget Office Says 2025 Budget Implementation to Begin September End
The Director-General of the Budget Office of the Federation (BoF), Mr. Tanimu Yakubu, has assured that the implementation of the ...
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Nigeria Unveils 2024–2027 Debt Strategy to Cut FX Exposure
Nigeria has introduced a new policy framework to strengthen the management of its growing public debt, with the Debt Management ...
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FG Targets September 2025 for Submission of 2026 National Budget
The Federal Government has announced plans to submit the 2026 national budget to the National Assembly by September 2025, according ...
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FAAC Reports N1.49 Trillion Arrears Inflow into Federation Account in H1 2025
Nigeria’s Federation Account recorded a significant inflow of ₦1.49 trillion in the first half of 2025 from arrears reconciled and ...
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