After weeks of foot-dragging, the Federal Government, last week, designated bandits as terrorists in order to ramp up the war against the mass murderers across the...
The Federal Government has debunked reports about an imminent disengagement of civil servants due to the economic cash crunch. This refutal was made by the Minister...
The Federal Government has reiterated its decision to ensure the total removal of subsidy on Premium Motor Spirit, commonly known as petrol. This was disclosed on...
The federal , states, and local governments shared N675.94 billion from the federation account in November. This was disclosed by Olajide Oshundun, Acting Director, Information, Ministry...
The Federal Government has suggested additional taxes, tariffs, and levies to be introduced in 2022 in order to boost revenue. Zainab Ahmed, Minister of Finance, Budget,...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The minister of finance, budget and national planning, Zainab Ahmed, has put a price on the amount Nigerians will receive as transport allowance after the removal...
President Muhammadu Buhari on Thursday approved a fresh N656.112 billion Bridge Financing Facility to the 36 states in the country. The Minister of Finance, Budget, and...
The Administration of President Muhammadu Buhari has promised to pay Nigerians transport allowance after fuel subsidy removal in 2022. Zainab Ahmed, minister of finance, disclosed this...
The Federal Executive Council (FEC) on Wednesday approved the 2021 to 2025 National Development Plan (NDP) to succeed the Economic Recovery and Growth Plan (ERGP) which...
The Federal High Court sitting in Abuja has halted the Federal Government’s plans to deduct $418 million from the bank account of the 36 states of...
The Federation Accounts Allocation Committee (FAAC) has shared to the three tiers of government, N739.965 billion as federation allocation for September. According to a statement from...
The Federal High Court in Abuja will on November 2, 2021, deliver judgement in the suit filed by the Centre for Social Justice (CSJ) against the...
The Federal Government has revealed budget performance for the first eight months of 2021 as the country recorded a fiscal deficit of N4.61 trillion. Zainab Ahmed,...
The Federation Accounts and Allocation Committee (FAAC) on Thursday shared N696.9 billion among the three tiers of government as revenue allocation for August. The Director of...
Minister of Justice and Attorney General of the Federation, Abubakar Malami (SAN) and the Minister of Finance, Budget and National Planning, Zainab Ahmed, have weighed in...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The federal government has set October 11, as the date to shop for new creditors to help finance the 2021 budget deficit. This is according to...
The Minister of Finance, Mrs Zainab Ahmed, on Monday, appeared before the House of Representatives Committee on Finance to give an overview of the 2021 fiscal...
Nigeria’s Minister of Finance, Budget, and National Planning, Zainab Ahmed, has described the country as the hub of stolen vehicles in the world. Ahmed said most...
The Nigerian government has approved the total sum of N81.3 billion for the procurement and distribution of Vaccines across the country. The amount was contained in...
A Federal High Court in Abeokuta has issued an interim order barring the federal government from accessing unclaimed dividends of capital market shareholders worth more than...
The federal and state governments borrowed at least N107.1 billion from Nigerian banks in the first five months of this year to make up for revenue...
The Federal Government has received applications for tax relief from 24 Nigerian businesses in the first three months of the year, with 10 rejected. The Nigerian...
The Federal Government has explained why the Nigerian currency was devalued again, the third time in just a year. According to Zainab Ahmed, Minister of Finance,...
Nigeria’s dwindling finances came under intense pressure again in the first five months of the year, as the federal government borrowed at least N1.3 trillion to...
The Federal Government of Nigeria recorded a fiscal deficit of N3.01 trillion in first five months of 2021, reflecting the country’s worsening finances. Figures obtained from...
The Nigerian government is currently negotiating a fresh $14.4 billion loan which is about N5.9 trillion to finance two rail lines in the country. Minister of...
The House of Representatives was thrown into a rowdy session after top government functionaries invited to appear before the Ad Hoc Committee investigating the status of...
The Ministry of Finance, Budget, and National Planning is to interface with the Nigerian Army on improved funding for security operations in the country. This was...
The Minister of Finance, Zainab Ahmed has revealed plans by President Muhammadu Buhari to cut the salaries of Federal civil servants. The minister disclosed this on...
The Federal Government has warned that the country may experience some difficult period in the future due to its ailing revenues and finances. This was contained...
Nigerians are now expected to pay more for petrol after the Federal Government resolved to end fuel subsidy in a bid to secure the World Bank’s...
Governor of Edo State, Godwin Obaseki, has asked the Federal Government to find a solution to Nigeria’s economic challenges, instead of playing the ‘Ostrich’. Obaseki was...
The federal government has criticised the Governor of Edo State, Godwin Obaseki, over allegations that N60 billion was printed in March to fund federal allocation to...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, said on Wednesday Federal Government would spend N296 billion on COVID-19 vaccinations in two years. The...
Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed has raised the alarm that the food situation in Nigeria and other African countries were unsustainable,...
The National Bureau of Statistics (NBS) has revealed that 61 percent of Nigeria’s public debt portfolio of N32.92 trillon is domestic. This was revealed in its...
The Federal Government on Monday announced another currency reform as Naira falls across foreign exchange markets in the country. The Minister of Finance, Budget and National...
On Thursday, The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, disclosed that the nation’s excess crude account (ECA) balance as at March 16,...
The Securities and Exchange Commission (SEC) said Nigeria’s rising debt is a threat, but the Finance Minister of Nigeria, Zainab Ahmed, said the borrowing will continue...
Minister of Finance and Budget, Zainab Ahmed, has told the Nigerian Stock Exchange (NSE) to improve its retail investment, to position the capital market as an...
The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, has stated that the Finance Bill 2020, was designed to reduce import duties on some...
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Monday said the federal government had released a total sum of N1.74 trillion to...
Nigeria’s minister of finance, budget and national planning, Zainab Ahmed, said the Federal Government is drafting a Strategic Growth Revenue Initiative (SGRI) 2.0 to improve Nigeria’s...
In 2020, Nigeria spent N3.2 trillion paying its debt. The Minister for Finance, Zainab Ahmed disclosed this during a public presentation of the 2021 FGN approved...
Expectedly, the Aso Rock Villa was a beehive of activities in the past week. President Muhammadu Buhari and his team spent most of their time bearing...
The Nigerian government has met the precedent conditions for a $1.5 billion budget-support credit from the World Bank and, in so doing, approaches the consummation of...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, said on Wednesday Nigeria land borders with other neighbouring countries in West Africa would be reopened...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, expressed optimism on Monday that Nigeria would exit recession soon, raising hopes that Africa’s biggest economy...
