government finance

Federal Government, States, and Partners Share Massive N2.225 Trillion August Revenue Windfall
During the September 2025 session of the Federation Account Allocation Committee (FAAC), led by the Minister of Finance and Coordinating Minister of the Economy, Mr....

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Politics Today
5 days ago5 days ago

During the September 2025 session of the Federation Account Allocation Committee (FAAC), led by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, a total of N2.225 trillion was distributed among the federal, state, and local governments as the federation allocation for August 2025. This allocation was derived from an overall...

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FG Reveals Nigerian Embassies Grappling with Unpaid Rent, Salary Arrears, and More
Financial Strains Impacting Nigerian Diplomatic Missions Overseas On September 1, 2025, the Ministry of Foreign Affairs publicly acknowledged that numerous Nigerian embassies and consulates worldwide...

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Business Updates
3 weeks ago3 weeks ago

Financial Strains Impacting Nigerian Diplomatic Missions Overseas On September 1, 2025, the Ministry of Foreign Affairs publicly acknowledged that numerous Nigerian embassies and consulates worldwide are currently grappling with significant financial difficulties. According to spokesperson Kimiebi Imomotimi Ebienfa, these diplomatic outposts are burdened by outstanding rental payments, delayed salaries for locally employed staff, and other...

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