Dangote refinery may not reduce the price of petrol significantly when it begins operations as it will be selling the product at the international price, Minister...
The Minister of Finance, Zainab Ahmed, on Monday, in what appeared a contradicting to the presidency, said prices of food products in the country were going...
Local contractors on Monday embarked on a protest at the headquarters of the Federal Ministry of Finance, Budget and National Planning to protest against the non-payment...
The Federation Accounts Allocation Committee (FAAC) has distributed the sum of N676.407 billion for July 2020 federation account revenue to the federal, states and local government...
The Nigerian government hopes to amass income of between N13 and N18 trillion through oil and non-oil means with a view to bolstering its revenue to...
Nigeria’s Excess Crude Account, which contains surplus cash from extra crude sales above budget benchmark, plunged from $324.54 million to $72.41 million in the roughly 8-month...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Thursday presented the draft 2021 to 2023 Medium Term Expenditure Framework(MTEF) and the Fiscal Strategy...
The Federal Executive Council (FEC) on Wednesday approved N2.3 trillion stimulus package to support the Nigerian economy in the face of the disruptions and challenges of...
A restructuring and rationalization of federal government parastatals, commissions and agencies has been ordered by the Federal Government of Nigeria. The directive issued by the presidency...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, said Wednesday the Federal Government had disbursed the sum of N43,416,000,000.00 ($120.6 million) to 24 states...
Minister of Finance, Budget and National Development, Zainab Ahmed has explained why Nigeria was excluded from the debt relief granted to 25 countries by the Executive...
Rallying from the immediate dip that happened after the historic production cut deal between the Organisation of Petroleum Exporting Companies (OPEC) and its Russia-led allies, oil prices inched...
In a move to further tackle the spread of the dreaded COVID-19 pandemic, President Muhammadu Buhari has approved the withdrawal of $150 million for distribution to...
Zainab Ahmed, Minister of Finance, Budget and National Planning Friday said the Nigerian economy might slip into recession in six months, the same day Kristalina Georgieva,...
After more than three and a half hours of intense deliberations Wednesday, the monthly Federal Account Allocation Committee (FAAC) meeting came to a halt without resolution...
The Federal Government on Wednesday cut the 2020 Budget by N1.5 trillion. President Muhammadu Buhari presented the 2020 budget of N10. 59 trillion to the National...
The Minister of Finance, Zainab Ahmed, said on Monday the Federal Government may suspend its $22.7 billion external borrowing plans due to current realities in the...
Popular 80′s/90′s singer Daniel Wilson has expressed his thoughts over the outbreak of the deadly coronavirus also known as COVID-19 which has quickly spread across the...
The Minister of Finance, Mrs. Zainab Ahmed has declared that the country’s budget will suffer severe strain due to the impact that the outbreak of the...
President Muhammadu Buhari on Monday summoned an emergency meeting of some government officials over the sudden crash of oil price. Those at the meeting included Godwin...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
The Nigerian Government said it had so far released a total of N984 million for the fight against the dreaded disease from China, coronavirus. The government...
Zainab Ahmed, the Minister of Finance and Budget Planning, Wednesday said the Federal Government intended to review Nigeria’s 2020 budget in the light of shrinking oil...
The Federal Government on Tuesday unveiled its plan to take a $17 billion credit line from China-Exim Bank. Zainab Ahmed, the Finance Minister, made the disclosure...
These 10 top stories from Nigerian newspapers will interest you this Friday morning, January 17 2020 PDP wants CJN Tanko to step down from office, gives...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Thursday contradicted the position of the Accountant General of the Federation, Ahmed Idris, saying the...
The Federal Government has reiterated its promise to lift at least 100 million Nigerians, out of the estimated 200 million of Nigeria’s population out of poverty...
A face-off may be in the offing between the Minister of Communications and Digital Economy, Issa Pantami and his counterpart at the Ministry of Finance, Zainab...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, said Monday the Federal Government was studying the decision of the Francophone West African countries to...
Workers of the Nigeria Postal Service (NIPOST) on Thursday protested plans by the Federal Government to stop them from collecting stamp duty. The Federal Government is...
The Federal Government has so far generated a revenue of N4.25 trillion in 2019, the Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed said...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, said on Sunday the Dangote Refinery would save the country over $10 billion spent on crude...
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning over a failed Abuja Closed-Circuit...
Hello and welcome to the Business Roundup this week. In case you missed out on details, here are the top highlights of events that happened during the week. Headlines: Chevron...
The recently passed Finance bill will come into operation on the 2nd of January, 2020, the Minister of Finance, Budget and National Planning, Zainab Ahmed has...
Minister of Finance, Budget and National Planning, Zainab Ahmed, Wednesday disclosed that the closure of the country’s land borders was contributing to rising inflation. Figures from...
Globally, gone are the days when the female gender only takes up jobs as secretaries, office assistants or storekeepers -when all they could aspire for are...
Nigerian governors have reportedly requested a further extension of the 30-year plan for the monthly repayment of the Federal Government’s budget support facility. Minister of Finance,...
Minister of Finance, Budget and National Planning, Zainab Ahmed, has stated that her instruction to the Academic Staff Union of Universities (ASUU) on migration to the...
Minister of Finance, Budget and National Planning, Zainab Ahmed, has confirmed that a total of N654 billion has so far been released for the implementation of...
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Wednesday said that fears being expressed over Nigeria’s debt portfolio were not necessary. According...
The Minister of Finance, Zainab Ahmed, said on Sunday that the International Monetary Fund (IMF) backed the Federal Government’s decision to close Nigeria’s borders because it...
Emerging reports say that the World Bank has approved a $3 billion loan for Nigeria. The facility is intended to assist the country deal with its...
Hello, the last 7 days have been quite eventful. Welcome to another serving of Business Wrap, a featured post highlighting some of the major events that unfolded...
Minister for Finance, Budget and National Planning, Zainab Ahmed, has revealed that the under-recovery of Premium Motor Spirit, popularly referred to as fuel subsidy, would gulp...
The Independent Corrupt Practices and Other Related Offences Commission (ICPC), the Bureau of Public Procurement (BPP) has been directed to step up moves to recover over...
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday said the planned increase of Value Added Tax (VAT) in the country will...
Nigeria’s Minister of Finance, Mrs Zainab Ahmed on Thursday said the Federal Government would suspend employment as a means to sustain the 2020 budget. She also...
If the plan sails through legislative scrutiny, the Federal Government will be borrowing a fresh N4.6tn within the next three years, covering 2020 to 2022 to...
Human Rights Lawyer, Femi Falana, has kicked against any increase in Value Added Tax (VAT) until the National Assembly carry out an amendment into the VAT...