FEC Approves N885bn for Road Projects The federal executive council (FEC), presided over by President Bola Tinubu, has approved N885 billion for the execution of 10 road projects. Speaking after the FEC meeting on Monday in Abuja, David Umahi, minister of works, said the projects are...

FEC Approves 2025 Budget Proposal as Tinubu Prepares to Present   The Federal Government on Monday approved the 2025 budget proposal. This follows the Senate’s endorsement of the Medium-Term Expenditure Framework 2025 – 2027 on November 22. President Bola Tinubu will present the proposed N47.96tn budget to...

FEC Approves $2.2bn External Borrowing Plan The Federal Executive Council on Thursday approved a $2.2bn external borrowing plan. This is part of the Federal Government’s external borrowing programme for the 2024 Appropriation Act, the Finance Minister, Mr Wale Edun, told State House Correspondents after the Federal...

As the debate continues, Adedeji’s true intentions and the broader impact of these reforms on Nigeria’s economy remain in question. The outcome will undoubtedly shape the nation's economic trajectory.

Nigeria to Establish Creative Economy Development Fund The federal executive council (FEC) has approved the establishment of the creative economy development fund (CEDF) and the implementation of the intellectual property (IP) monetisation pilot. The CEDF aims to provide funding to creative activities through various financial instruments. The...

Finally, Nigeria Begins Crude Oil Sales in Naira Nigeria has officially commenced the sales of crude oil and refined petroleum products in naira, the Federal Government has announced. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Saturday said that in line...