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FAAC: FG, States, LGs share N3 trn 

FAAC: FG, States, LGs share N3 trn 

By Emma Ujah, Abuja Bureau Chief The three tiers of government have shared N3.007 trillion as July 2026 revenue. The revenue was shared at the Federation Account Allocation Committee, FAAC, meeting held, yesterday,  on the sidelines of the ongoing National Council on Federation and Economic Development, NACOFED, jn Owerri, Imo State. This moth’s shared revenue was  […]

AFRACA-NIRSAL targets climate-resilient agric finance

AFRACA-NIRSAL targets climate-resilient agric finance

By Juliet Umeh LAGOS — Financial institutions across Africa have been urged to deploy innovative financing models, climate-risk tools and artificial intelligence (AI) to expand investment in agriculture and strengthen the continent’s food security.The call was made at the opening of the week-long African Rural and Agricultural Credit Association, AFRACA, Masterclass on Inclusive Finance for […]

Dangote Refinery IPO gets $1bn underwriting backing from Marob, Lilium

Dangote Refinery IPO gets $1bn underwriting backing from Marob, Lilium

By Udeme Akpan  Dangote Petroleum Refinery & Petrochemicals FZE, DPRP, has secured $1 billion in underwriting backing from Marob Strategies and Consulting DIFC Ltd and Lilium Capital Group ahead of its planned initial public offering, IPO. The $1 billion programme comprises a completed and funded $600 million private placement and a $400 million underwriting commitment for […]

Tinubu: Stronger corporate governance key to unlocking capital for African businesses

Tinubu: Stronger corporate governance key to unlocking capital for African businesses

By Adesina Wahab The Group Chief Executive, Oando Plc; Jubril Adewale Tinubu, has that African businesses must strengthen corporate governance, transparency and institutional structures if they are to attract the long-term capital required to scale globally. Tinubu, who spoke during a discussion organised by the Royal African Society in London on the future of mining, […]

Accesstech urges JAMB Registra to reintroduce computer-based testing for blind

Accesstech urges JAMB Registra to reintroduce computer-based testing for blind

Mr. Opeolu Stephen Akinola, CEO and co-founder of Accesstech Innovation and Research Centre GTE Ltd., today congratulated Professor Segun Aina on his appointment as the new Registrar and Chief Executive of the Joint Admissions and Matriculation Board (JAMB). In a statement issued in Lagos, Akinola expressed his enthusiasm that the new JAMB boss belongs to […]

Dollar to Naira exchange rate today, August 19, 2026

Dollar to Naira exchange rate today, August 19, 2026

The Nigerian naira remained relatively firm against the United States dollar on Wednesday, August 19, 2026, with the currency trading around the N1,350 per dollar level at the official Nigerian Foreign Exchange Market (NFEM), while the parallel market maintained a wider spread.

As elections campaign kicks off Our Will puts last touches to mobilisation

As elections campaign kicks off Our Will puts last touches to mobilisation

By Lawani Mikairu As the Presidential election campaign officially started today, Wednesday 19th August, Our Will, a support group for the election of Hon Kingsley Chinda, the All Progressives Congress, APC, governorship candidate in the coming governorship election in Rivers State, is putting finishing touches to its strategies to mobilize supporters and votes for the […]

Don’t dismiss US 2026 Fiscal Transparency Report, BudgIT tells FG

Don’t dismiss US 2026 Fiscal Transparency Report, BudgIT tells FG

By Emma Ujah, Abuja Bureau Chief BudgIT, a civic-tech organisation promoting transparency and accountability in Nigeria’s public finance, has urged the Federal Government not to dismiss the United States Department of State’s 2026 Fiscal Transparency Report, which scored Nigeria low for the second consecutive year. The organisation made the call in a statement by its Country […]