The National Council on Finance and Economic Development (NACOFED) 2016 Conference will be opened in Abeokuta, Ogun State on Tuesday to examine options available for government to improve its revenue streams especially in a period of low earnings from crude oil. In a statement from the...

...Economic Mgt Team rolls out new measures including asset sales to revive economy ...N50bn disbursed to states under budget support facility ...Senators: Buhari’s rigid anti-corruption policy scaring investors, killing economy ...House asks FG to revisit policies, TSA, backs cabinet reshuffle The National Economic Council (NEC) has expressed support...

The Federation Account Allocation Committee FAAC distributed the sum of N510.27 billion among the three tiers of government in September 2016. The distributed amount is the statutory allocation for the month of August. Finance Minister Mrs. Kemi Adeosun who chaired the meeting gave the breakdown of...

The Minister of Finance, Kemi Adeosun has stressed that Nigeria must get out of paying cash calls to joint ventures with oil and gas companies to stand a chance of pulling its ailing economy out of recession. Adeosun said on Friday that the Nigerian National...

…plans $1 billion loan for Capital projects The Federal Government plans to release the sum of N350 billion to Ministries, Departments and agencies (MDAs) for their capital projects in the next one week. Finance Minister, Mrs. Kemi Adeosun who spoke to newsmen at the Finance Ministry...

The Federation Account Allocation Committee (FAAC) shared the sum of N493.8 billion among the three tiers of government in August, this year being the statutory allocation for the month of July. The distributable monthly allocation slightly decreased below N559 billion shared in the month of...