FG Finally Releases N739bn Capital Vote To MDAs Ostensibly responding to the National Assembly’s complaint over the low implementation of the capital component of the 2017 Appropriation Act, the Ministry of Finance Wednesday finally released N739 billion to the ministries, departments and agencies (MDAs) of...

The Ministry of Finance has said that the $500 million loan it seeks the Senate’s approval to access will be used in empowering the poor in the country. The Permanent Secretary of the Ministry, Mahmoud Isa-Dutse, while appearing before the Senate Committee on Local and...

The Minister of Finance, Mrs. Kemi Adeosun, has called for global support towards addressing the issue of illicit financial flows in Africa. She added that this would help drive accelerated revenue growth and improve government’s efficiency. The minister stated this while addressing senior representatives of the...

Hopes of unanimity of positions and harmony of fiscal and monetary policies appear dim following an alleged demand for a review of the powers of the Central Bank of Nigeria, CBN, by the Ministry of Finance. Minister of Finance, Mrs. Kemi Adeosun and Governor...

President Muhammadu Buhari on Thursday directed the Ministry of Finance and the Central Bank of Nigeria to act with dispatch in releasing the second tranche of the London-Paris Club refunds to states. A statement by the president’s Senior Special Assistant on Media and Publicity, Malam...

The Senate mandated its Committee on Customs, Excise and Tariff to carry out a holistic investigation into the activities of the Nigeria Customs Service (NCS) with a view to identifying the reasons for its declining revenue, leakages and irregularities in its operations. The recommendations of...