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Finance & Markets

Copper Set for Weekly Gain as Chinese Buyers Return to the Fore

Copper headed for a weekly gain, as signs of a rebound in Chinese demand helped to offset hawkish messaging from the Federal Reserve about the likelihood of more interest rate rises.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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FG, States, Local Governments Share N2.338 Trillion as August Allocations

Ndubuisi Francis in Abuja The Federation Account Allocation Committee (FAAC), at its September 2026 meeting chaired by the Accountant-General of the Federation, Mr.

  • Federal government receives N804.897 billion as August allocation
  • States get N794.313 billion, local councils N555.142 billion
  • VAT revenues up N40.875 billion, with N733.233 billion distributed

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