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Tag: faac

president tinubu

No more loans for states
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21 states seek N1.65trn loans despite 40% rise in FAAC revenues
Central Bank of Nigeria (CBN)
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Interest rate hike: In whose interest?

The latest interest rate hike by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) surprised many people, including economists and other…


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  • July 3, 2023
    FAAC disbursements to hit record N1tr following Fx unification
  • June 22, 2023
    FAAC shares N786bn May revenue to FG, states, LGCs
    FAAC
  • May 3, 2022
    Despite non-remittance by NNPC, FAAC shares N1.9trn in 3months
    Minister of Finance, Budget and Planning, Mrs Zainab Ahmed has been trying to explain the news policy
  • March 23, 2022
    FAAC: FG, states, LGs share N695bn for February
    revenue
  • August 21, 2021
    Nigeria records revenue shortage as FG, states share N760.7 bn for July