Saturday, June 20, 2026

Tag: nigeria-economy

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FAAC Shares ₦2.30 Trillion May 2026 Revenue to Federal, State and Local Governments  ‎
News

FAAC Shares ₦2.30 Trillion May 2026 Revenue to Federal, State and Local Governments ‎

‎The Federation Account Allocation Committee (FAAC) has distributed ₦2.30 trillion to the Federal Government, states and local governments from May 2026 rev...

Uchenwoke Mbonu Ekperechi • 2 days ago • 145
Dangote Refinery Cuts Petrol Ex-Gantry Price by ₦75 Amid Declining Global Crude Costs  ‎
Business

Dangote Refinery Cuts Petrol Ex-Gantry Price by ₦75 Amid Declining Global Crude Costs ‎

‎Dangote Petroleum Refinery has reduced its petrol ex-gantry price from ₦1,250 to ₦1,175 per litre, effective June 16, 2026, with analysts expecting the m...

Uchenwoke Mbonu Ekperechi • 4 days ago • 162
Senate Sets Up Committee to Engage Finance Ministry on Outstanding Payments to Contractors ‎
News

Senate Sets Up Committee to Engage Finance Ministry on Outstanding Payments to Contractors ‎

‎The Senate has inaugurated a six-member committee led by Senator Sani Musa to liaise with the Federal Ministry of Finance and facilitate the payment of verif...

Uchenwoke Mbonu Ekperechi • 17 days ago • 342
‎Tinubu Defends Economic Reforms, Says Nigeria Gradually Recovering After Three Years
Politics

‎Tinubu Defends Economic Reforms, Says Nigeria Gradually Recovering After Three Years

‎President Bola Ahmed Tinubu has defended his administration’s economic reforms, insisting that difficult decisions such as fuel subsidy removal and forex u...

Uchenwoke Mbonu Ekperechi • 22 days ago • 840
‎Capital Importation Surges 182% to $3.37bn in January, Driven by Portfolio Investments — CBN
Business

‎Capital Importation Surges 182% to $3.37bn in January, Driven by Portfolio Investments — CBN

‎Nigeria recorded a 182% surge in capital importation to $3.37 billion in January 2026, with foreign portfolio investments accounting for 95.7% of inflows, ac...

Uchenwoke Mbonu Ekperechi • 25 days ago • 124
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