Minister of finance and coordinating minister of the economy Mr Wale Edun has laid to rest the controversy surrounding the 5% petroleum surcharge which has stirred negative reactions across the country. Mr Edun in a brief session with members of
Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji, on Monday, challenged global leaders to tackle the rising cross-border crimes that have disrupted revenue mobilisation and economic growth. Adedeji threw the challenge while delivering a keynote address at
China Chengxin International Credit Rating Co., Ltd (CCXI) has affirmed African Export-Import Bank’s (Afreximbank) AAA issuer credit rating with a stable outlook. The high rating reflects CCXI’s assessment of Afreximbank’s strengths including high strategic positioning, sound risk management system, flexibility
The Federation Account Allocation Committee (FAAC) has shared a total sum of N2.001 trillion, being July 2025 Federation Account Revenue to the Federal Government, States and the Local Government Councils. The revenue was shared at the August 2025 FAAC meeting
The Infrastructure Concession Regulatory Commission (ICRC) has issued a set of guidelines that will govern the development and implementation of all PPP projects in Nigeria. It describes it as a decisive move to overhaul Nigeria’s infrastructure delivery processes through Public-Private
The Federal Government say it has taken a significant step towards accelerating economic growth and development by refining the implementation of its 2025 capital budget. Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, today in Abuja,Â
The World Bank has approved on August 7, $300 million in financing for the Solutions for the Internally Displaced and Host Communities Project (SOLID). The bank in a statement said this initiative will enhance access to essential services and economic
The Federal Government has reaffirmed its commitment to open governance, accountability and youth inclusion in the Open Government Partnership (OGP). Â The Minister of Youth Development and Global OGP Co-Chair, Ayodele Olawande, gave the assurance during a dinner by the OGP
The Nigeria Sovereign Investment Authority (NSIA) has announced the winners of the third edition of the NSIA Prize for Innovation (NPI 3.0) — an initiative designed to support early-stage Nigerian innovators developing transformative solutions to address some of the country’s
The International Monetary Fund on Tuesday projected global growth at 3.0 per cent in 2025 and 3.1 per cent in 2026, as significant policy shifts continue to unfold worldwide. This projection is contained in the IMF’s latest World Economic Outlook
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