FG to Commence Informal Sector Taxes as it Frowns at Unfair Global Tax Rules The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has demanded an end to the unfair international tax rules skewed against developing countries. This is just as the federal government...

FG to Disburse $1bn World Bank Grant to States The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed has disclosed that $1 billion will soon be distributed to states as part the last tranche of the $1.5 billion grants under the World Bank...

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...

FG Approves N30trn Govt Assets for Investment, Restructuring of MOFI The President, Major General Muhammadu Buhari (retd.) has approved the process of restructuring the Ministry of Finance Incorporated (MOFI), the federal government’s investment vehicle, as part of overall measures to boost government revenue and revive...

IMF, World Bank to Assess Nigeria’s Debt Sustainability The President of the World Bank Group, David Malpass, has said that the bank will work with the International Monetary Fund to assess Nigeria’s debt sustainability. Malpass said this during the 2022 annual meetings opening press conference in...

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,...