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The federal government, states, and local government councils have shared a total of ₦1.969 trillion as revenue from the December 2025 Federation Account. The sharing was done at the January 2026 meeting of the Federation Account Allocation Committee (FAAC) in Abuja, according to a statement on Monday by the Director of Press and Public Relations in …

FAAC Allocation to FG, States, LGCs Rises to N2.22trn in August

Governor Dauda Lawal on Thursday presented a proposed N861.337 billion budget for the 2026 fiscal year before the Zamfara State House of Assembly. Presenting the document, Governor Lawal described the proposal as a roadmap for transformation and a decisive step toward strengthening governance and driving development across the state. The 2026 estimate sets out N714 …

The Central Bank of Nigeria (CBN) has limited weekly cash withdrawals for individuals to ₦500,000 and corporates to ₦5 million. It gave the directive to banks in a new revised set of rules, stating that the order will take effect from January 2026. This ends the previous special authorisation permitting individuals to withdraw ₦5 million …

CBN Headquarters, Abuja

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