News & Analysis

Oil-Rich States Dominate FAAC Allocations as Nigeria’s 36 States Share ₦4.43 Trillion in Seven Months

Nigeria’s 36 states collectively received ₦4.43 trillion from the Federation Account Allocation Committee (FAAC) between January and July 2025, according to data released by...

Cameroon Opposition Candidate Declares Victory Ahead of Official Presidential Election Results

Cameroon’s opposition candidate, Issa Tchiroma Bakary, has declared victory in the country’s presidential election held on Sunday, setting the stage for potential political tension...

Ekiti State Disburses ₦2 Billion Gratuity to 800 Retirees, Reaffirms Commitment to Pensioners’ Welfare

The Ekiti State Government has released ₦2 billion for the payment of gratuities to 800 retirees, marking another milestone in its ongoing commitment to...

Nigeria Joins Commonwealth Drive to Unlock $2 Trillion Trade Agenda

Nigeria has joined other Commonwealth nations in advancing a new $2 trillion trade initiative designed to deepen economic integration, strengthen resilience, and foster sustainable...

IMF Warns Nigeria, Emerging Economies Against Rising Illicit Financial Flows

The International Monetary Fund (IMF) has issued a stern warning to Nigeria and other emerging economies to step up efforts in curbing illicit financial...

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