The Minister of Finance, Mrs. Kemi Adeosun has disclosed that the Development Bank of Nigeria (DBN) is being positioned to galvanise the Small and Medium Scale Enterprises sector for the overall development of the nation’s economy. The Minister, who spoke during a Board/Management/Development partners' retreat...

The Federation Account Allocation Committee shared the sum of N299.7 billion among the three tiers of government in April this year, being the statutory allocation for the month of March.   The distributable monthly revenue allocation gain marginally dropped for the second consecutive month after it...

The Minister of Finance, Mrs. Kemi Adeosun, has  reiterated the resolve of the Federal Government to redefine spending in order to get maximum impact. The Minister, who was a guest at the Ogun State Investors’ Forum, holding in the state capital, said during a panel discussion...

• FG may resort to Chinese Panda bonds to fund 2016 budget CBN sells $189m to banks, GTB leads in forex allocation The Minister of Finance, Mrs. Kemi Adeosun, has said the government plans to reset Nigeria’s economy with structured borrowing, targeted investment and diversified...

Ghost workers are a drain on any economy. This is because these “workers” reap where they did not sow. The ghost workers syndrome is a situation whereby some persons collect salaries and allowances without the corresponding work to justify that salary. These persons, who...

Substantial evidence from developed economies of the world shows that borrowing is not a sin, but the reality is in servicing and ultimately repaying it. Nigeria has had its bitter experiences from Structural Adjustment Programme (SAP) and those lessons usually elicit criticisms and/or reactions each...