The Federation Account Allocation Committee (FAAC) shared the sum of N510.27 billion among the three tiers of government in September this year, being the statutory allocations for the month of August. The distributable monthly allocation slightly increased above the N493.8 billion shared in the month...

...World Bank, others set to release $1.3bn funding for Nigeria’s Devt Bank ...Japan Agency to invest in Nigeria’s agro fisheries sector As the curtains were drawn on the 2016 annual meeting of the International Monetary Fund (IMF)/World Bank, in Washington DC, United States of America on...

The Federal Government has reached an agreement with the World Bank Group and other development partners for the release of $1.3bn for the take-off of the Development Bank of Nigeria. The Minister of Finance, Mrs. Kemi Adeosun, said thisin Washington DC, United States of America...

The International Monetary Fund has warned that the current economic crisis in Nigeria may spill over to the rest of West Africa with negative consequences. It also raised the alarm that Nigeria was spending too much of her revenue to service debts, noting that this...

Plans by the Federal Government to borrow billions of dollars from the World Bank to plug its budget deficit have run into delays as the international lender is demanding for further reforms from the government as a condition for any loan. This came barely one...

The Nigeria's Minister of Finance, Mrs. Kemi Adeosun, has said the country is already getting out of the economic recession, given the pragmatic approaches the Federal Government is taking to reverse the trend. Speaking at the end of a two-day National Council of Finance and...