Senate Scores FG Low on Implementation of 2024 Budget The Senate has scored the executive low in the implementation of the capital component of the 2024 budget, saying there is a need for the government to get Ministries, Department and Agencies of the Federal Government...

FG to Install 90,000 km Terrestrial Fibre-optic Infrastructure, Says Edun The Federal Government has announced its readiness to establish Nigeria as the third-largest terrestrial fibre-optic infrastructure nation in Africa, with the proposed installation spanning 90,000 km. The Minister of Finance and Coordinating Minister of the Economy,...

Standard Chartered Bank Pledges $3bn to Finance NLNG Dividend Initiative The Standard Chartered Bank has indicated interest to finance key infrastructure projects in Nigeria, including the Lagos-Calabar coastal highway, Port Harcourt-Maiduguri rail line rehabilitation, as well as the provision of $3 billion in innovative financing...

W'Bank Says Cash Transfer Scheme Shows Low Impact on Households  The World Bank says the conditional cash transfer scheme of the Federal Government had little impact on household consumption, financial inclusion or employment of beneficiaries. The scheme was also noted to have had minimal impact on...

N22tn Printed Notes Under Buhari Fueled Inflation, Says Edun The Minister of Finance and Coordinating Minister of Economy, Wale Edun, has said the N22.7tn printed by the Central Bank of Nigeria through Ways and Means overdraft for the Federal Government from 2015 to 2023, under...

N100bn Gas Project: Senate Orders Edun to Give Implication Details in Seven Days  Senate Committee on Gas has given the Finance Minister, Wale Edun, a-seven-day ultimatum to provide details of the award and disbursement of over N100bn to companies engaged in the handling of the...