Twenty-eight Nigerian states received a combined N2.64 trillion from the Federation Account Allocation Committee between January and May 2026, an amount 90.5 per cent higher than the N1.387 trillion they generated internally throughout 2025, according to a BudgIT report. The figures, reported by Leadership newspaper, highlight state governments' continued reliance on federal allocations rather than internally generated revenue to fund their operations and budgets.

Nigeria's Federal Government on Monday set up a high-powered inter-agency committee to harmonise macroeconomic assumptions underpinning national budgeting and economic planning, according to Vanguard. The move aims to eliminate conflicting economic projections produced by Ministries, Departments and Agencies, creating a unified basis for fiscal planning across government bodies.

FCT FA chairman Adam Mohammed has expressed appreciation for the N1 billion prize money for the NPFL but emphasized that meaningful and lasting change in Nigerian football necessitates broader structural reforms, according to Punch.

Human rights lawyer Femi Falana has called on the Economic and Financial Crimes Commission to recover N33.75 billion allegedly stolen from Nigeria's National Social Investment Programme Agency and prosecute the officials responsible. The call relates to the agency, which was transformed into a statutory body under the National Social Investment Programme Agency Act 2022, enacted during the Muhammadu Buhari administration.

The Tanzania Private Sector Federation (TPSF) and the Confederation of Tanzania Industries (CTI) have expressed support for the business and tax reforms included in Tanzania's 2026/27 Budget, which feature faster VAT refunds, investment incentives, and regulatory simplification. However, they emphasized that to meet the Tanzania Development Vision 2050 goal of becoming a USD 1 trillion economy, the country's economic growth must exceed the projected 6.3% in 2026, reaching over 10% annually.

The Central Bank of Nigeria (CBN) has announced that the Federal Government (FG) plans to raise N5.8 trillion through Treasury Bills in the third quarter of 2026, marking a 241 percent increase compared to N1.76 trillion sold in the same period in 2025. This increase is part of the government's borrowing strategy for the 2026 budget, according to Vanguard Business.