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N22tn Printed Notes Under Buhari Fueled Inflation, Says Edun

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 

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...

FG Assures Intervention Funds for Agricultural Sector to Curb Food Inflation

FG Assures Intervention Funds for Agricultural Sector to Curb Food Inflation The Minister of Finance, Mr. Wale Edun, has assured Nigerians that there would be substantial intervention for the agricultural sector that would enhance increased production of rice, maize, wheat and cassava to stem the...

FG Eyes World Bank’s $1.5bn Loan to Stabilise Naira – Edun

FG Eyes World Bank's $1.5bn Loan to Stabilise Naira - Edun The federal government has said it is in discussion with the World Bank for a $1.5 billion loan to support the budget and also provide liquidity in the forex market. The Minister of Finance and...

External Reserves Fall $77m in December

External Reserves Fall $77m in December The external reserves of Africa’s largest economy recorded a drop to the tune of about $77.23m or 0.23 per cent in December 2023 due to the lingering foreign exchange instability in the country. As of December 28, 2023, according to...

Tinubu Meets Governors, Wants End to Federal, State Classification of Roads 

Tinubu Meets Governors, Wants End to Federal, State Classification of Roads  President Bola Tinubu has urged government officials to discard the classification of highways as federal, state and rural roads. The President made this suggestion in a meeting with governors in Lagos on Tuesday. On the 2024...