Browsing: FAAC
Federal, States, Local Govts. Share N1.7trn Revenue The Federation Accounts Allocation Committee (FAAC), has shared N1.727 trillion among the Federal…
Interbank Rates Slow as Remita, FAAC Credits Boost Liquidity Interbank rates slowed down, trended around 27% in the money market,…
FAAC: FG, States, LGs Share N1.411 Trillion for October The Federation Accounts Allocation Committee (FAAC), has shared N1.411 trillion among…
Money market rates, the overnight lending and open repo rates dropped further after inflows from the Federal Accounts Allocation Committee
The Federal Accounts Allocation Committee (FAAC), has shared N1.298 trillion among the Federal Government, states, and the Local Government Councils
The Federation Accounts Allocation Committee (FAAC), has shared N1.203 trillion revenue among the Federal Government, states and Local Government Councils
Rates Crash as FAAC Credit, Coupon Payment Boost Liquidity The short term benchmark interest rates nosedived in the money market…
Money Market Rates Dip as Liquidity Pressures Ease Money market rates decline as liquidity level in the financial system improved…
Money Market Rates Crash as FAAC Credit Boosts Liquidity Pressure in the money market eased as inflows boosted the total…
The three tiers of government—federal, 36 states, and 774 local government authorities—shared a total sum of N1.354 trillion in June 2024 Federation Accounts Revenue, an official statement said.