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    The Federation Account Allocation Committee (FAAC) disbursed the sum of N289.04 billion to the Federal Government in May, the National Bureau of Statistics (NBS) has said. The NBS disclosed this in `FAAC May 2018 Disbursement Statistics” posted on its website. According to the bureau, the states received a total of N181.96 billion, while local governments ...
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    The Federal Government has recorded N50.45 billion from its May bonds auction, lower than the N70 billion it targeted to raise, the Debt Management Office (DMO), has said. According to the auction result obtained from the DMO website on Thursday in Abuja, the Federal government made N3.50 billion from a five-year bond at 12.75 per ...