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$120m Due: Nigeria To Exit 90 International Bodies

The Federal Government has begun the process of pulling out of 90 international organisations out of the 310 organisations it belongs to. The decision is coming after accumulating a backlog of $120m in membership dues and other financial commitments which costs the nation an average...

Senate Summons Finance, Budget Ministers

The Senate has summoned the Minister of Finance, Mrs Kemi Adeosun and her Budget and National Planning counterpart, Sen. Udo Udoma, to brief Nigerians on the state of the economy. The Chairman, Senate Committee on Media and Public Affairs, Sen. Sabi Abdullahi, made this known...

Sukuk Bond Not To Islamise Nigeria- Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, has said that there is no plan to Islamise the country with the recent issuance of its N100bn Sukuk bond. Adeosun made this known on the sidelines of an investor conference organised by Stanbic IBTC Bank in Lagos. Offer...

Adeosun Now Chairperson Board of Governors ECOWAS Investment Bank

Finance Minister, Mrs Kemi Adeosun, has emerged the Chairperson of the Board of Governors of the Economic Community of West African States (ECOWAS) Bank for Investment and Development (EBID). She was named the new chairperson of EBID at the end of the 15th Ordinary Meeting...

FG Generates 55% of VAT from Lagos –Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, has said that 55 per cent of the revenue generated by the Federal Government from Value Added Tax receipts was being collected from Lagos State. Adeosun, according to an online publication, TheCable, said this during a meeting with...

Nigeria Can’t Borrow Anymore- Adeosun

The Minister of Finance, Mrs. Kemi Adeosun has said that Nigeria must not borrow more to fund its budget and should instead raise money internally to fund the budget. This is just as Acting President Yemi Osinbajo also solicited the co-operation of the private sector...