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Nigeria disburses record N2.036 trillion as oil revenue surges in March

FAAC shared N2.036 trillion among three tiers of government for March 2026

The Federal Government received N789.159 billion as its primary monthly statutory share

State governments were allocated N657.596 billion to fund regional development and infrastructure

Strong statutory revenue drove the total pool past the N2 trillion threshold

Nigeria disburses record N2.036 trillion as oil revenue surges in March

Asiwaju-Bola-Ahmed-Tinubu-president-of-Nigeria.

FAAC shared N2.036 trillion among three tiers of government for March 2026

The Federal Government received N789.159 billion as its primary monthly statutory share

State governments were allocated N657.596 billion to fund regional development and infrastructure

Strong statutory revenue drove the total pool past the N2 trillion threshold

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Google Names 15 AI-Driven Startups for 10th Google for Startups Accelerator Africa

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South Africa March inflation nudges upward to 3.1% amid rising school fees

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Wale Edun  shows appreciation, steps aside as Nigeria’s finance minister after three-year reform push

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Morocco’s inflation rebounds to 0.9% as four-month deflationary streak ends

Asiwaju-Bola-Ahmed-Tinubu-president-of-Nigeria.
  • Finance

Nigerian president overhauls economic team changes finance minister in minor cabinet reshuffle

  • Business

Middle East conflict and weak Rand push South Africa’s business confidence to five- month low

photo of Aliko Dangote
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Dangote refinery partners with Honeywell to boost petrochemical production

raw gold
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Uganda’s central bank begins domestic gold purchase to bolster reserves

Commentary

Beyond the Red Carpet: The UK State Visit is an Investment in Nigeria’s Future

24 March 2026

South Africa to scrap its prime lending rate with central bank policy rate

18 February 2026

Nigeria Industrial Giant BUA Partners Abu Dhabi’s AD Ports to Revolutionize West African Logistics

17 February 2026

Nigerian Breweries Swings Back to Profitability in 2025 After 2 years losing streak

13 February 2026

AU Summit: Nigeria Secures Permanent Seat on African Central Bank Board

13 February 2026

Nigerian Naira anchors as foreign reserves hit 8-year peak of $47b

10 February 2026
ThinkBusiness Africa TV
Economy
Left to right: Governor of the Central Bank of Nigeria, Olayemi Cardoso; President of the World Bank, Ajay Banga; and Nigeria’s Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, during a meeting between the Nigerian delegation and World Bank leadership at the 2026 IMF/World Bank Spring Meetings in Washington, D.C.
  • Economy

Nigeria’s economic chiefs meet World Bank president to bolster reform support

Asiwaju-Bola-Ahmed-Tinubu-president-of-Nigeria.
  • Economy

Nigeria’s public debt hits N159.28 trillion in Q4 2025 DMO

filling station
  • Economy

Kenya raises fuel price by 24% as Middle East Conflict enters 46th day

PHOTO OF G24 MINISTERS
  • Economy

Wale Edun leads G24 call for global financial reform amid middle east tensions

Collage of flags of IMF member countries
  • Economy

4.1%:IMF cuts Sub-Saharan Africa growth outlook amid geopolitical tensions and debt Strain

image of cars being imported
  • Business

Nigeria slashes vehicle import tariffs to 40% to combat inflation

  • Economy

Africa Invest Brief: The Strait of Hormuz and the Markets of Africa

Lagos urban area
  • Economy

Nigeria records $6.44bn capital inflow amid concerns over investment quality

Business
Standard Bank branch
  • Business

Standard Bank targets 12% annual profit growth in new 2026–2028 Strategy

ngozi-okonjo-iweala-WTO
  • Business

WTO Faces “Disorderly Collapse” as Reform Deadline Looms in Cameroon

central bank of Nigeria
  • Business

Nigeria scraps FX limits, grants oil firms 100% access to export proceeds

kenya airways
  • Business

Kenya Airways reverses profit with 17.93 billion Shilling pre-tax loss in 2025

nigeria- seaport
  • Business

Nigeria Launches Digital Portal to Slash Port Delays by 60%

photo of SEC tower
  • Business

Nigeria’s stock regulator issues 6-Week ultimatum for broker recapitalization plans

BoG GOVERNOR
  • Business

Ghana’s central bank eases policy rate to 4-year low on favorable macro conditions

central bank of Nigeria
  • Business

Nigerian businesses signal resilient optimism amid high operational costs

Book Review
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The Oil Curse: How Petroleum Wealth Shapes the Development of Nations

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Reforming the Unreformable – Lessons from Nigeria

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Why Growth Matters – How Economic Growth in India reduced poverty and the lessons for other developing countries

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Cobalt Red – How the blood of the Congo Powers Our Lives

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Rule Breaker: Rebellious Leadership for the Future of Work

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Collapse and Recovery: How the Covid – 19 pandemic eroded human capital and what to do about it.

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