Attempts by some states in the federation to hide the exact amounts they received as refunds on over-deduction on London-Paris Club loans may have been thwarted....
Preparations are in top gear for another visit to Nigeria by a delegation of the African Development Bank (AfDB) before the end of January 2017. The...
Emerging reports say the Central Bank of Nigeria (CBN) is working out strategies to do away with the foreign exchange black market that has remained a...
Some officials of the Budget Office, who were indicted and sanctioned for their roles in the padding of the 2016 budget, have surreptitiously found their ways...
Nigeria’s hope of successfully borrowing from major credit outfits, will depend on the its ratings by international agencies, so says officials of one of the institutions...
The federal government on Saturday lined out a 10-point fiscal plan in its efforts to get Nigeria out of the recession it has landed itself. The...
The Minister of Fnance, Kemi Adeosun and about 33 government agencies and parastatals are presently on a war path over N450 billion said to have been...
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday, at the MPC confirmed that there will be no downward review of the high...
A new twist has been added to the face-off between the CBN Governor, Godwin Emefiele and the Minister of Finance, Kemi Adeosun, on how interest rate...
Apparent failure of Nigeria to meet certain criteria set aside by international financial institutions before they would fund the proposed Development Bank of Nigeria (DBN) has...
Today marks exactly one year that President Muhammadu Buhari swore in his ministers, months after he assumed office as President of the Federal Republic of Nigeria....
The Minister of Finance, Mrs Kemi Adeosun and the Governor of Central Bank of Nigeria, Godwin Emefiele, have incurred the wrath of members of the House...
There is a strong suspicion among senior officials that the ongoing Senate probes into the activities of the Nigeria Customs service (NCS) was instigated by the...
In an effort to diversify the nation’s revenue profile, the National Economic Council (NEC) on Tuesday endorsed a plan to increase the contribution of the solid...
Nigeria’s debt profile has risen to $13.5 billion in September, from $11.26bn in June 2016, recording an increase of 20.5 per cent within four months. According...
The annual inflation rate in Nigeria increased to 17.9 per cent in September, the highest in more than 11 years, from 15.5 per cent in February...
The Federal Government would soon issue a new template on approved expenses for state-owned enterprises as efforts are intensified to control the nation’s recurrent expenditure. According...
Tension has taken hold of officials of both the Nigerian Customs and Federal Inland Revenue Services (FIRS) following indications that the two federal establishments are to be merged before the end of 2016 fourth...
Nigeria’s Minister of Finance, Mrs Kemi Adeosun, has accused western powers of frustrating efforts by the nation in addressing its power challenges. Adeosun, who spoke in...
By Prince Charles Dickson… The greatest lesson in life is to know that sometimes even fools are right—Winston Churchill So, that the country is in recession...
The All Progressives Congress (APC) -led Federal Government has cancelled its earlier plan to build 10,000 primary health care centres. The government had promised it would...
Despite widespread cries in the land, state governors in the country have said they have confidence in the Minister of Finance, Mrs Kemi Adeosun and her...
Deputy Senate President Ike Ekweremadu has urged President Muhammadu Buhari to relocate Kemi Adeosun and Udoma Udo Udoma, ministers of Finance and Budget and planning respectively....
Africa’s richest man, Aliko Dangote has suggested that the Federal Government sell assets to remain afloat and get back to better times, instead of going for...
The Peoples Democratic Party (PDP), has asked President Muhammadu Buhari to resign for what it said is his crass incompetence and tepid attitude is no longer...
By Reuben Abati… There have been interesting arguments over Minister of Finance, Kemi Adeosun’s observation that “recession is just a word”, and NAN MD, Bayo Onanuga claiming that...
By Gimba Kakanda… We do not know the exact starting date of this historic festival,nor are we in the know of its end date. I mean this...
An All Progressives Congress ( APC ) senator, Dino Melaye, has called President Muhammadu Buhari to stop barking and start acting. Melaye, who made the call...
Nigeria may be compelled by the prevailing economic recession to review some capital projects, as listed in the 2016 budget. This is in preference to railways projects, estimated to cost $5.13 billion according to an investigation....
The Minister of Finance, Kemi Adeosun, has voiced what may be the official position of the Federal Government over the current economic crisis the nation is...
Jolted by the outcry over slow implementation of the 2016 budget, Nigeria’s government is said to have intensified search for funds with which to executive a...
Nigeria’s main opposition party, the Peoples Democratic Party, PDP, has queried the claims made by the Vice President, Prof. Yemi Osinbajo, over improved receipts by the...
Nigeria Minister of Finance, Kemi Adeosun, has stated that the economic crisis in the country has got to a point she has no option but must...
By Joseph Edgar… I have just finished reading Simon Kolawole’s piece in Thisday. As usual he simply just painted a true picture of our present predicament...
After months of dwindling revenue from the Federation Account, states and local government areas in the country have some good reason to cheer, as their monthly...
Fears that Nigeria’s economy has hit recession are real, so says the Finance Minister, Kemi Adeosun. She has, however, reassured Nigerians that the much talked-about economic recession...
The Presidential Initiative on Continuous Audit says that its activities are saving the country about N6.4bn every month from ghost workers. It also claims to have...
Apparently determined to shore up government’s revenue, the Minister of Finance, Mrs. Kemi Adeosun, has revoked the reduction of withholding tax for construction related activities. The...
The Federal Government of Nigeria through its finance ministry has announced plans to inject N350 billion into the system to salvage the current dwindling economy of...
The face-off between the Minister of Finance, Mrs. Kemi Adeosun and the ministry of finance workers persisted as the minister Thursday, said the ministry cannot afford...
In light of dwindling proceeds from crude oil sales, government revenue has been shored up by non-oil revenues, which hitherto took a backseat. The Federal Accounts Allocation...
The Federal Ministry of Finance, Abuja, was on Monday shut down by staff of the ministry over what they called poor welfare since the current Minister...
The federal government may have concluded plans to relocate some of its offices to buildings seized from alleged looters. This was disclosed by the Minister of...
The renewed unrest in the Niger Delta area has begun to take its toll on the nation’s revenue as the amount shared by the tree tiers...
The end may not yet be in sight in the crisis rocking the downstream subsector of the oil industry, as oil marketers, on Friday in Abuja,...
The Federal Government has paid the outstanding N48. 2 billion subsidy arrears owed oil marketers in 2015. The Minister of Finance, Mrs. Kemi Adeosun, stated this...
Minister of Finance, Mrs. Kemi Adeosun, has directed an investigation into the payrolls of the Air Force, the Navy and the Army by the Continuous Audit...
The Minister of Finance, Mrs. Kemi Adeosun has disclosed that the Federal Government plans to inject N350 billion into the economy on quarterly basis so as...
The Economic and Financial Crimes Commission, EFCC, has arrested the suspended Director General of the Pension Transitional Arrangement Directorate (PTAD), Mrs Nelly Mayshak over an alleged...
The Federal Government has rejected the International Monetary Fund (IMF) offer to loan Nigeria money. A statement from the federal ministry of finance stated that Finance...