Nigeria Records Historic N6 Trillion FAAC Disbursement in Q3 2025 — NEITI
Nigeria recorded a historic N6.0 trillion in Federation Account Allocation Committee (FAAC) disbursements in the third quarter (Q3) of 2025, ...
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Tag: #PublicFinance
FG Defends Re-enactment of 2024, 2025 Budgets Amid Illegality Claims
The Federal Government has defended the re-enactment of the 2024 and 2025 Appropriation Acts, dismissing allegations of constitutional breach and ...
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NDIC Reiterates Compliance with Fiscal Responsibility Act, Assures Federal Government of Statutory Remittances
The Nigeria Deposit Insurance Corporation (NDIC) has restated its unwavering commitment to fiscal discipline, accountability, and transparency, reaffirming that it ...
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FG spends nearly 72% of revenue on debt servicing in seven months
The Federal Government devoted nearly three-quarters of its total revenue to debt servicing in the first seven months of 2025, ...
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RMAFC: Federation Account Accrues N56.42trn in Three Years
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has disclosed that Nigeria’s federation accounts recorded total gross accruals of N56.42 ...
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Nigeria Losing Billions to Failed Projects, CIPMN Warns as Enforcement Begins
The Chartered Institute of Project Managers of Nigeria (CIPMN) has warned of the growing financial threat posed by failed and ...
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Auditor-General Uncovers N61.1bn Financial Irregularities Linked to NNPCL
The Office of the Auditor-General for the Federation has identified 28 major financial irregularities linked to the Nigerian National Petroleum ...
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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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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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