The Minister of Finance, Mrs Kemi Adeosun has sought approval from the Federal Executive Council (FEC) for the issuance of the USD1.00 Billion Eurobond in the International Capital Market (ICM) and the appointment of Transaction Parties responsible for the execution of the Programme. The Minister...

The Bank of Industry has kicked against the current move by the Senate to scrap it and establish the National Development Bank in its place. The Acting Managing Director, BoI, Mr. Waheed Olagunju, made this known at a public hearing organised by the Senate Committee...

The Federal Government has approved the sum of N522.74bn to be paid to the 36 state of the federation as part of the reimbursement for the over-deduction on the Paris Club loan. The development was confirmed in a statement issued by the Federal Ministry of...

The news conference by the Honourable Minister of Finance, Mrs. Kemi Adeosun on Thursday, December 1, 2016, an outcome of an audit exercise carried out and that a committee in the Office of the Accountant General of the Federation has been set up, in...

The Federal Government has said that the Central Bank of Nigeria and sixteen other government agencies are to refund the sum of N450 billion which represents outstanding and recoverable operating surpluses in line with the Fiscal Responsibility Act (FRA). Finance Minister, Kemi Adeosun disclosed this...

The Minister of Finance, Mrs. Kemi Adeosun has emphasised the importance of critical infrastructure projects, especially in the areas of Rail and Power to the country’s economic development. She spoke during the visit of the Chinese Ambassador to Nigeria, Mr. Zhou Pingjian, to her office...