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Salaries, Overheads, Gulped Huge Chunk Of Our 2024 Budget- Finance Ministry

The Federal Ministry of Finance has pledged strategic resource allocation in the implementation of the 2025 budget.The ministry disclosed that it spent most of...
Business

‘Naira Is Undervalued’— CBN Gov Unveils Forex Initiatives For 2024

The Central Bank of Nigeria has unveiled some of the policy directives that will boost foreign exchange inflow and improve naira valuation against the...
Business

FG Discards Old Treasury Accounts, Directs MDAs To Remit 100% Revenue To New Account

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has mandated all Ministries, Departments, and Agencies (MDAs) to remit 100 per...
Business

Former Minister Of Finance, Aganga Canvasses Investments Of Pension Fund Assets In Offshore Instruments

A former Minister of Finance and Minister for industry, trade and investment, Mr Olusegun Aganga, has canvassed for Nigerian pension funds be able to...
Business

IMF Warns Nigeria, Others Against Borrowing From China, Saudi As Global Public Debt Hit 92% Of GDP

The International Monetary Fund (IMF) has called on governments and finance ministers of member states to use fiscal policy tools to curb the rate...
News

Nigeria lost huge forex trying to defend naira – FG

According to the government, it took the right step by instituting forex reforms and freeing forex previously used to defend the naira.Minister of Finance...
Business

FG, States, LGs Get More Revenue As FAAC Shares N1.1trn From Federation Account

The Federation Account Allocation Committee (FAAC) has shared a total sum of N1.1trn from the federation account as allocation to the three tiers of...
Business

INTERVIEW: What Newly Appointed Agric Minister, Abubakar Kyari, Must Do To Stop Rising Prices Of Food — Muda Yusuf

President Bola Tinubu last Wednesday assigned portfolios to his ministers and Abubakar Kyari, a former senator representing Borno North Senatorial District, Borno State was...
Business

High Food Prices Caused By Insecurity, Climate Change —FG

The Federal Government has revealed that the constant spike in food cost in the country is a result of malnutrition, climate change, and insecurity.The...

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