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The increased revenue led to rise in FAAC allocation with more resources available for capital and recurrent expenditures.
BUSINESSThe economy will grow and expand from 2026 within the next three years, the World Bank has declared
BUSINESSThe increase showed greater confidence in the Nigerian economy by local and foreign inventors.
BUSINESSThe Federal Government has approved the comprehensive modernisation and upgrade of Onne, Rivers, Delta and Calabar ports.
BUSINESSNigeria has more money in foreign reserves for the first in almost 20 years.
BUSINESSNigeria’s current account surplus rose by 67.9% to $7.54 billion in the second quarter of 2026 from $4.49 billion in the preceding quarter.
BUSINESSNigeria's foreign reserves keep rising leading to increased foreign exchange liquidity.
BUSINESSPHCN retirees heaved a sigh of relief with the final settlement of their pension arrears.
