Ministries, Departments and Agencies (MDAs) have been charged to ensure that the 2025 budget aligns with their mandates as authorities seek to deliver an acceptable budget. The charge was given by Tanimu Yakubu, Director General of the Budget Office of
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has met with a high-level delegation from the African Development Ba The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has met
A total sum of N 1.203 trillion August 2024 Federation Accounts Revenue is what was shared to the Federal Government, States and Local Government Councils in the country. The revenue distribution was announced at the September 2024 meeting of the
The Office of the Accountant General of the Federation (OAGF) has reiterated the Federal Government’s determination to maintain and operate a secure and efficient personnel and payroll system. Following safety concerns, the OAGF ia statement in Abuja, maintained that the
The Federal Government  says it has successfully initiated the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira in a bid to reduce pressure on the local currency, eliminate unnecessary transaction costs, and improve availability of petroleum products. Minister
Nigeria has successfully launched its first domestic dollar-denominated bond, shattering records and signaling a new era of financial innovation and economic growth. With over $900 million raised, this milestone marks a significant turning point in the country’s financial strategy, bolstering
The new Board of Directors of the Nigeria Incentive -Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc has been inaugurated following the reconstitution of the Board on Friday, 30th August, 2024. The new Board members were inaugurated at the
Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, on Monday, debunked reports making the rounds that the rate for Value-Added Tax (VAT) has been upwardly adjusted to 10% from 7.5%. The Minister, in a statement he
The Nigerian Consumer Credit Corporation (CREDICORP) has kicked off disbursement of consumer credit to economically active Nigerians nationwide, through its growing list of participating financial institutions (PFIs). At a signing event, CREDICORP announced its partnership with Credit Direct a subsidiary
The Civil Society Legislative Advocacy Centre (CISLAC) has strongly condemned the recent extravagant spending by the leadership of the Central Bank of Nigeria (CBN), including its governor, Yemi Cardoso, and his four deputies. While observing that Nigerians continues to struggle
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