Finally, FG Receives $2.25bn Afrexim Bank Loan By Nafisat Bello The Federal Government on Friday received a $2.25b foreign exchange support facility from the African Import-Export Bank. The Minister of Finance, Wale Edun, who confirmed this to Arise TV, said it is the first tranche of the...

FG To Review Criteria For MSME Loans The federal government on Thursday said it would review the criteria being used by the Nigerian development banks to disburse loans to Medium and Small-Scale Enterprises (MSMEs) to ensure geographical spread. The Minister of Finance, Budget and National Planning,...

NSIA Total Assets now $4bn, Core Assets $2.2bn - FG The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has announced that as at the end of 2021, the Nigeria Sovereign Investment Authority (NSIA) had a core asset of $2.2 billion while the...

Finance Minister: 5,000 Debtors Owe FG N5.2tr The Federal Government of Nigeria has disclosed that 5,000 debtors are currently owing its ministries, departments and agencies a total sum of N5.2trn which is worrisome considering the dwindling revenue challenges. The Minister of Finance, Budget and National Planning,...

We Are Working On Incremental Fuel Subsidy Removal - FG The minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has hinted that the executive arm of government is proposing an incremental removal of fuel subsidy, as she stated that subsidy is a problem...

UN Appoints Adeosun Into Pension Fund’s Investments Committee The United Nations, has appointed Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, into the Investments Committee of the United Nations Joint Staff Pension Fund (UNJSPF). The Under-Secretary-General of United Nations, Jan Beagle, who confirmed Adeosun’s appointment, disclosed that...