At least 12 of Nigeria's 36 states are said to owe their workers more than $550m in salaries and allowances.
Some workers have not been paid for seven months.
The government revenue, which depends largely on crude oil exports, has fallen sharply in recent months because of a fall in global oil prices.
Last month, Mr Buhari said the treasury was "virtually empty".
He has vowed to recover billions of dollars "stolen" under previous administrations.
The president won elections in March on a promise to tackle corruption, seen as one of the country's biggest problems.
Nigeria is Africa's biggest oil producer but much of the revenue is said to be stolen.
A government statement said the money would come through soft loans from the central bank, and dividends paid by the state-owned natural gas agency.
BBC
Tuesday, July 7, 2015
25 confirmed dead in bomb blast in Zaria, Nigeria
A suspected suicide bomber targeted civil servants at a government building in the city, witnesses said.
Emergency workers have rushed to the scene to help evacuate the wounded.
Militant Islamist group Boko Haram, which often targets northern Nigeria, has stepped up attacks since President Muhammudu Buhari took office in May.
The group has not yet commented on the latest attack.
It came a day after police chief Solomon Arase announced new measures to curb the rise in bombings. They include:
. banning street trading and hawking in the capital, Abuja
. strengthening security at all mosques and churches countrywide.
Latest African news updates
Witnesses in Zaria said people including primary school teachers had been queuing up seeking employment under Mr Buhari's administration when the bomb detonated in Zaria's Sabon Gari district.
"We call on our citizens to be vigilant and avoid crowded places like markets, mosques, churches and motor parks in the next few weeks," Kaduna state governor Nasir El-Rufa'i said on his Twitter account.
Mr El-Rufa'i said the government was working with the security agencies to end the wave of militant attacks in the country.
Buhari blamed
More than 200 people were killed in attacks blamed on Boko Haram last week.
On Sunday two bombings in Jos, Plateau state, left at least 44 people dead.
On Monday, a young girl believed to be just 13 was killed when explosives strapped to her body detonated near a mosque in Kano city, the biggest in northern Nigeria.
Some analysts link the upsurge in bombings to Mr Buhari's decision to remove military checkpoints countrywide on the grounds that internal security was the responsibility of police, reports the BBC's Bashir Sa'ad Abdullahi from Abuja.
Plateau state governor Simon Lalong has called on Mr Buhari to reverse his decision, saying checkpoints made it more difficult for militants to move around.
Meanwhile, military spokesman Colonel Sani Usman told the BBC that 100 men, 24 women and dozens of children accused of links to Boko Haram had been freed.
Some has spent months in custody but investigations revealed that they were innocent, Col Usman added.
Regional forces have been battling Boko Haram in north-eastern Nigeria, and have recaptured all major cities and towns from the group.
BBC
Emergency workers have rushed to the scene to help evacuate the wounded.
Militant Islamist group Boko Haram, which often targets northern Nigeria, has stepped up attacks since President Muhammudu Buhari took office in May.
The group has not yet commented on the latest attack.
It came a day after police chief Solomon Arase announced new measures to curb the rise in bombings. They include:
. banning street trading and hawking in the capital, Abuja
. strengthening security at all mosques and churches countrywide.
Latest African news updates
Witnesses in Zaria said people including primary school teachers had been queuing up seeking employment under Mr Buhari's administration when the bomb detonated in Zaria's Sabon Gari district.
"We call on our citizens to be vigilant and avoid crowded places like markets, mosques, churches and motor parks in the next few weeks," Kaduna state governor Nasir El-Rufa'i said on his Twitter account.
Mr El-Rufa'i said the government was working with the security agencies to end the wave of militant attacks in the country.
Buhari blamed
More than 200 people were killed in attacks blamed on Boko Haram last week.
On Sunday two bombings in Jos, Plateau state, left at least 44 people dead.
On Monday, a young girl believed to be just 13 was killed when explosives strapped to her body detonated near a mosque in Kano city, the biggest in northern Nigeria.
Some analysts link the upsurge in bombings to Mr Buhari's decision to remove military checkpoints countrywide on the grounds that internal security was the responsibility of police, reports the BBC's Bashir Sa'ad Abdullahi from Abuja.
Plateau state governor Simon Lalong has called on Mr Buhari to reverse his decision, saying checkpoints made it more difficult for militants to move around.
Meanwhile, military spokesman Colonel Sani Usman told the BBC that 100 men, 24 women and dozens of children accused of links to Boko Haram had been freed.
Some has spent months in custody but investigations revealed that they were innocent, Col Usman added.
Regional forces have been battling Boko Haram in north-eastern Nigeria, and have recaptured all major cities and towns from the group.
BBC
Video - Nigeria to receive $75m to reduce child birth mortality
The United Nation's population agency is giving $75m to boost reproductive health services in Nigeria. Some of the funds will be used to improve access to family planning to help reduce the high number of deaths during pregnancy and childbirth.
Teenage girl attempts suicide bomb attack in Kano, Nigeria
A teenager blew herself up near a mosque on Monday night in an apparent suicide attack attempt in Kano, Nigeria's second-largest city, police said.
Police spokesman Magaji Majiya said the girl's target was likely the Umar Ibn Al-Khattab mosque and that she was the only casualty.
The attempted attack bore the hallmarks of the Islamist militant group, Boko Haram, that was behind a wave of violence last week that killed 200 people. On Sunday, at least 44 people died in two attacks in the central city of Jos.
Kano has not been attacked since February this year when two suicide bombers struck a bus station killing at least 10 people.
On Monday in Kano, two witnesses said they saw the girl crossing a road before they heard a loud bang.
Boko Haram has been waging an insurgency since 2009 to establish a state in Nigeria's northeast adhering to strict sharia law. Boko Haram took over large swathes of territory last year but have since been repelled from most parts by Nigerian forces with the help of Chad, Niger and Cameroon.
Reuters
Police spokesman Magaji Majiya said the girl's target was likely the Umar Ibn Al-Khattab mosque and that she was the only casualty.
The attempted attack bore the hallmarks of the Islamist militant group, Boko Haram, that was behind a wave of violence last week that killed 200 people. On Sunday, at least 44 people died in two attacks in the central city of Jos.
Kano has not been attacked since February this year when two suicide bombers struck a bus station killing at least 10 people.
On Monday in Kano, two witnesses said they saw the girl crossing a road before they heard a loud bang.
Boko Haram has been waging an insurgency since 2009 to establish a state in Nigeria's northeast adhering to strict sharia law. Boko Haram took over large swathes of territory last year but have since been repelled from most parts by Nigerian forces with the help of Chad, Niger and Cameroon.
Reuters
Another Bitcoin service BitX launches in Nigeria
The announcement comes roughly six months after the emerging markets-focused bitcoin services provider launched in Indonesia. Both countries had been on BitX's list of planned markets since April 2014.
BitX CEO Marcus Swanepoel expressed his optimism that Nigeria would soon become one of the company's leading markets due to its "fast-growing" and "highly entrepreneurial economy".
Swanepoel said:
"We’ve been inundated with requests for bitcoin products and services from consumers, developers and Nigerian businesses. The business aspect is particularly interesting and we’re currently working with a number of these businesses to bring some exciting new products to the market."
Nigeria notably became the largest economy in Africa in April 2013, surpassing South Africa with a gross domestic product (GDP) of $509.9bn compared to South Africa's $350.6bn. However, with a population of 170 million (compared to South Africa's 52.98 million), economists have argued the country's economy is still underperforming.
One factor that may hold back the utility of bitcoin, though, is the relative lack of smartphone penetration, which mobile operator interest group the GSM Association estimates at just 10-15% of mobile subscribers.
The announcement will nonetheless find BitX joining ICE3x as the latest exchange to try and galvanize bitcoin user interest in the Nigerian market.
ICE3x launched its services in January and now offers an order-book exchange that allows Nigerian naira to be exchanged for digital currencies such as bitcoin and litecoin.
Coindesk
Related stories: Bitcoin interest grows in Nigeria
Bitcoin exchange market coming to Nigeria
Local Bitcoin Remittance service Bitstake launches in Nigeria
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