Rising FAAC inflow seen improving fiscal deficit
Inflow into the Federal Account Allocation Committee (FAAC) account has increased from about N800 billion monthly to over N1.7 trillion...
Inflow into the Federal Account Allocation Committee (FAAC) account has increased from about N800 billion monthly to over N1.7 trillion...
Nigeria recorded a fiscal deficit of N7.5 trillion in 2022, according to the latest data from the nation’s budget office....
Nigeria’s federal government spent N5.24 trillion on debt service between January and November 2022, compared with a capital expenditure of...
The “potential fiscal timebomb” the World Bank warned Nigeria of six months ago has become a reality, with reforms urgently...
The Federal Government of Nigeria spent N6.17 trillion more than it earned in 2020, leaving its fiscal deficit at 4...