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FG Eyes Extra $1.5bn Revenue From Equipment Leasing

FG Eyes Extra $1.5bn Revenue From Equipment Leasing The federal government has revealed that it is targeting an estimated $1.5 billion in additional revenue from investments in equipment globally as it set to unveil the Equipment Leasing Registration Authority. The Chairman of ELRA, Saidu Njidda, who...

FG Approves $3.45bn W’Bank loan to Finance Five Projects

FG Approves $3.45bn W’Bank loan to Finance Five Projects The Federal Executive Council had approved the application for a $3.45bn loan to finance five projects. They include projects in the power sector, renewable energy, states’ resource mobilisation programme, adolescent girls’ initiative for learning and empowerment and...

JUST IN: Finance Minister, Wale Edun, to Chair World Bank’s Africa Governors’ Forum

JUST IN: Finance Minister, Wale Edun, to Chair World Bank's Africa Governors' Forum The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has been appointed by the World Bank to chair the Africa Governors’ Forum of the global financial institution. Edun is the...

We Met a Very Bad Economy – Wale Edun

We Met a Very Bad Economy - Wale Edun The Federal Government, on Monday, said it inherited a bad economy with an unacceptable high rate of unemployment. The government also assured Nigerians that the administration of President Bola Tinubu will not rely on borrowing and that...

FAAC: Federal, States, LGCs Shares N966bn for July

FAAC: Federal, States, LGCs Shares N966bn for July The Federation Account Allocation Committee (FAAC) has shared a total sum of N966. 110 billion July 2023 Federation Account Revenue to the Federal Government, States and Local Government Councils. This was contained in a communiqué issued at the...