Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has downplayed the potential impact of the recent 14 per cent tariff imposed by...
The Ministry of Finance has announced a strategic collaboration with the Organisation for Economic Co-operation and Development (OECD) to curb illicit financial flows and strengthen Nigeria’s...
The three tiers of government shared the sum of N1.68 trillion as revenue allocation for February on Friday. The Director of Press and Publications, Office of...
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has emphasized the urgent need for aggressive economic diversification, calling for a shift...
The Federal Executive Council (FEC) has approved a N758 billion bond to address the backlog of pension arrears owed to retirees under the Defined Benefit Scheme....
The Federal Government has issued a stern warning to Ministries, Departments, and Agencies (MDAs) that failure to comply with the revised Bottom-Up Cash Planning Policy could...
The three tiers of government on Friday shared the sum of N1.424 trillion as revenue allocation for December last year. The Director of Press and Public...
The Federal Government of Nigeria’s funding of the capital project in the 2024 budget has been severely criticized by the National Assembly. This is even as...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said on Friday the country would need an extra $20 billion to achieve the...
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has expressed optimism about the country’s ongoing economic reforms, citing sustainability and signs...
Indications have emerged that the Nigerian National Petroleum Company (NNPC) Limited has commenced the process of paying the $6.8 billion debt owed to suppliers. Wale Edun,...
The prices of various energy products, including diesel, Liquefied Natural Gas (LNG), Compressed Natural Gas (CNG), and electric vehicles, among others are expected to crash following...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said on Thursday that Nigeria’s foreign reserves recorded a net inflow of $2.35 billion...
Following the dashed hope of a lower price of the premium motor Spirit (PMS), popularly called petrol from Dangote Refinery, the Minister of Finance and Coordinating...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Board of the Nigeria Customs Service (NCS) has met on implementation of...
The Minister of Finance and the Coordinating Minister of the Economy, Wale Edun, said on Monday the Federal Government has not increased the Value-Added- Tax (VAT)...
Wale Edun, the minister of finance and the coordinating Minister of the economy, has inaugurated a new board for the Nigeria Sovereign Investment Authority (NSIA). This...
The Federal Government has announced that it will begin selling crude oil to local refineries, including the Dangote Refinery, in naira starting from October 1, 2024....
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said on Thursday the Federal Government has raised the country’s foreign reserves by $4...
The Federal Government has reiterated its tough stance on financial institutions failing to comply with the windfall tax on foreign exchange profits made in 2023. This...
Nigeria’s Minister of Finance, Wale Edun, has reaffirmed the country’s commitment to implementing the Economic Community of West African States (ECOWAS) single currency, the ECO. This...
Worrying signs have emerged as Nigeria’s debt-to-Gross Domestic Product (GDP) ratio crossed 50% for the first time ever last week. The Debt Management Office (DMO) revealed...
Nigeria has received the approval of two major “financial support packages” from the World Bank totalling $2.25 billion, Wale Edun, the Minister of Finance and Coordinating...
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the government of president Bola Tinubu “over the failure to publish spending details of the...
The Minister of Finance, Wale Edu, on Thursday met with President Bola Tinubu on the new minimum wage for workers in the country. Edun, who addressed...
Wale Edun, Minister Of Finance And Coordinating Minister Of The Economy, has submitted the new national minimum wage template and projected cost implications to President Bola...
Despite constant denials that it was no longer subsidizing fuel, the Nigerian government has finally admitted that fuel subsidy will gulp N5trillion in 2024. This figure...
President Bola Tinubu has directed the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, to present a template for the new minimum wage...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said on Sunday the Federal Government is willing to provide up to N1 billion...
Amidst the crippling inflation driven by rising cost of food items across the country, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun,...
Wale Edun, Minister Of Finance And Coordinating Minister Of The Economy, has blamed the shutdown of about 800 companies in 2023 to foreign exchange market instability,...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said on Tuesday that President Bola Tinubu`s economic reforms have substantially improved the Federal...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has disclosed that President Bola Tinubu’s government has not borrowed money from the Central...
Nigeria’s government-owned enterprises, ministries, departments, and agencies (MDAs) witnessed a significant boost in revenue collection, remitting a staggering N835.7 billion to the federal government in February...
Again, two critical government components, the National Bureau of Statistics (NBS) and the Federation Account Allocation Committee (FAAC) have released conflicting reports on the actual amount...
Unemployed Nigerian youths may have something to cheer as the Federal Government, on Monday, said it would extend its social security payments net to graduates with...
The Nigerian government has taken steps to address its mounting debt burden, announcing an audit of the N23 trillion Ways and Means debt and a planned...
The Minister of Finance and Coordinating Minister of the Economy, Olawale Edun on Tuesday, February 6, 2024 lamented that Nigeria’s tax to Gross Domestic Product (GDP)...
The House of Representatives on Monday night, announced the commencement of the second edition of its sectoral debates/dialogue as part of its periodic policy brief series....
Nigeria is seeking a fresh $1.5bn loan from the World Bank to tackle the severe dollar shortage contributing to the decline of the naira and to...
Wale Edun, the Minister of Finance and the Coordinating Minister of the Economy, has moved to allay the fears in many quarters that the Federal Government...
The Minister Of Finance And Coordinating Minister Of Economy, Wale Edun has dropped a hint that there’s a possibility that the country might return to the...
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has emphasised the need for Nigeria to take advantage of cheap concessionary loans, and...
The three tiers of government on Wednesday shared the sum of N906.955 billion as revenue allocation for October. This is contained in a communiqué issued at...
The Federal Executive Council (FEC), on Monday, approved a $3.45 billion World Bank loan facility that would be used to provide concessionary finance for infrastructure projects...
The Federal Government said on Monday that it has obtained two loans to finance various projects in important economic sectors, one from the African Development Bank...
The Federal Government is about securing another $1.5 billion loan from the World Bank, despite mounting debt pressure hanging on the country. The new $1.5 billion...
Positive response to the economic reform measures undertaken by the administration of President Bola Tinubu has turned Nigeria into the first consideration for Foreign Direct Investment...
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has bagged a prestigious appointment with the World Bank after he was appointed as the...
President Bola Tinubu’s adviser on monetary policies, Wale Edun, said the N860/$1 exchange rate between the naira and the dollar is not backed by the fundamentals...
