The Federal Inland Revenue Service (FIRS) say it remains commitment to building stronger ties with the media to foster improved public awareness and accountability around tax administration and reforms in Nigeria. This position was made known during a media
Following a successful first phase that supported over 150,000 beneficiaries, including under-five children, pregnant and breastfeeding women and girls, out-of-school children, and food-insecure households in Northeast Nigeria, the launch of a second phase of the resilience and peacebuilding project in
The World Bank’s annual Country Policy and Institutional Assessment (CPIA) report for Sub-Saharan Africa, released today, reveals that despite a stable average CPIA score for the region, there is an urgent need for governments in Africa to improve the delivery
Deutsche Bank has led a $747 million syndicated loan to finance Phase 1 Section 1 (from Victoria Island to Eleko Village 47+47km) of the Lagos-Calabar Coastal Highway, a flagship project under Nigeria’s Renewed Hope Infrastructure Development Agenda. This marks the
The Federal Government of Nigeria says it has taken a significant step in advancing its economic diplomacy efforts in Brazil, with the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun participated in the Ogun State Investment Forum
President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to transparency and accountability in public finance management, declaring that funds saved from the removal of fuel subsidy will be channeled into critical infrastructure, social safety nets, and targeted economic reforms.
The World Bank has announced the appointment of Mathew Verghis as its new Country Director for Nigeria, effective July 1, 2025. He succeeds Dr. Ndiame Diop, who has transitioned to a new role within the institution. Mr. Verghis, an Indian
The shareholders of the African Export-Import Bank (Afreximbank) have appointed Dr. George Elombi as the next President and Chairman of the Board of Directors of the continental financial institution. He becomes the fourth President to lead the Bank since its
Leah Katung-Babatunde, Abuja President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Professor Benedict Oramah has been awarded the Grand Commander of the Order of the Nigeria (GCON), Nigeria’s second-highest national honour, by
Barbara Bako and Leah Katung-Babatunde, Abuja Former President Olusegun Obasanjo has warned that the continent’s leading economies often referred to as its lions are stagnating and once they don’t move, the continent will lag. Speaking at the
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