Oyedele: States Control 85% of Nigeria’s Resources, FG Gets 15%
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said state and local governments collectively receive
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Breaking:
- Sokoto Puts Health Workers on Alert Over Ebola Threat
- Dasuki Seeks Integration of Research Findings into Nigeria’s Policy Formulation
- Dasuki Seeks Integration of Research Findings into Nigeria’s Policy Formulation
- Sokoto Lawmakers Approve Bill for State Police Establishment
- Atiku Accuses Tinubu of Seeking $21.5bn Loans for Campaign Financing
October 27, 2026
October 27, 2026
Finance
Comprehensive coverage of the Nigerian banking sector, stock market (NGX), personal finance tips, and investment opportunities.
CBN: Banks’ Stronger Capital Base Must Expand Access to Finance
By Nafiu Muhammad Lema The Central Bank of Nigeria (CBN) has said the success of the banking sector recapitalisation programme
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We have done well at CBN – Cardoso
By Agency Report The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, says the current management of
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CBN, finance ministry sign MoU for improved fiscal-monetary policy coordination
By Agency Report The Central of Nigeria (CBN) and the Federal Ministry of Finance, on Friday in Abuja signed a
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FAAC: Federal, state, local govts share N2.550trn for June
The Federation Account Allocation Committee, FAAC, has shared N2.550 trillion among the Federal Government, States and the Local Government Councils
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FG Denies Spending ₦8tn Outside Budget, Says IMF Report Misinterpreted
By Nafiu Muhammad Lema The Federal Government has dismissed claims that it spent more than ₦8 trillion outside the 2026
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FG Rejects Claims of Hidden Spending, Revenue Diversion
The Federal Ministry of Finance has dismissed recent allegations suggesting that large portions of Nigeria’s federation revenue are being secretly
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Banking Recapitalization: 20 Banks Hit Target Ahead of Deadline
The Nigerian banking sector is on the cusp of a new era. The Central Bank of Nigeria (CBN) confirmed today
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