…Nigeria’s macroeconomic now stable — Minister By Seun Ibiyemi The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has announced that the federal government in the next 3-4 weeks will begin the first issuance of its dollar-denominated…
The Federal Government has threatened jail term for Local Government Area chairmen tampering with the Federation Accounts Allocation Committee funds. This was made known by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), on Thursday.…
…No one is going to sleep, we are all working for Nigeria – Minister …APC urges protesters to shelve plans, says Tinubu not cause of economic hardship …Uzodimma warns against protests, says it’s too early to judge Tinubu’s Govt…
The family of the late military head of state, General Sani Abacha, on Tuesday approached the Court of Appeal, Abuja division, to void and set aside Justice Peter Lifu’s judgment dismissing a property suit the family brought before the lower…
The Federal Government has called on experts from legal profession, financial and other stakeholders to work collectively to strengthen capital market regulations and the Investments and Securities Tribunal for greater effectiveness. The Minister of Finance and Coordinating Minister of the…
By Esther Agbo The federal government secured N225.714 billion from the July 2024 bond auction, achieving approximately 75 percent of its target amid decreased demand for short-term bonds. This represents a 24 percent decline compared to the N297.006 billion raised…
By Esther Agbo The Federal Government has proposed imprisonment for top bank executives who fail to comply with a one-time windfall tax on banks’ foreign exchange profits in 2023. Additionally, a 10 percent penalty on the withheld or unremitted levy…
On the sidelines of the 6th AU Mid-Year Coordination Meeting of the African Union, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun held bilateral talks with President of Afreximbank, Dr. Benedict Okey Oramah. The…
In the first quarter of 2024, Nigeria faced a substantial financial challenge as debt servicing consumed a staggering 74 percent of the federal government’s retained revenue, amounting to N1.31 trillion out of N1.76 trillion. This revelation comes from the Central…
The recent revelations from the Universal Basic Education Commission (UBEC) are a projection of the daunting challenges facing our basic education sector. The alarming shortage of qualified teachers, inadequate classrooms, and neglect of teachers’ professional development are issues that demand…
