Budget: Finance Ministers Defend Tinubu’s Borrowing Plan Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and his counterpart in the Ministry of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, yesterday, defended the borrowing plan of the President Bola Ahmed Tinubu...

President Tinubu Seeks Fresh $8.699bn, €100m Loans   Barely one month after seeking approval for $7.8 billion and €100 million loans from the National Assembly, President Bola Ahmed Tinubu, again yesterday, asked for fresh foreign loans of $8.699 billion and €100 million. This was revealed in separate...

At COP28 Summit, Tinubu to Remind World Leaders of $100bn Pledge to Nigeria, Others President Bola Tinubu will, on Wednesday, depart Abuja for Dubai, United Arab Emirates, to attend the COP28 Climate Summit, also known as the 28th United Nations Climate Change Conference, or Conference...

2024 Budget: FEC Approves N27.5trn Appropriation Bill The Federal Executive Council (FEC) has approved the 2024 Appropriation Bill with aggregate expenditure of N27.5 trillion. The Minister of Budget and Economic Planning, Alhaji Atiku Bagudu, announced this on Monday after the Federal Executive Council meeting presided over...

Tinubu Reappoints Kyari As NNPCL Boss, Names Perm Secs for Petroleum, Finance   President Bola Tinubu has reappointed Malam Mele Kyari as the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL). This was announced in a statement issued by Presidential spokesman, Ajuri Ngelale,...

At IMO General Assembly, Oyetola Restates FG's Commitment to Reposition Maritime Sector   Nigeria's Minister of Marine and Blue Economy, Adegboyega Oyetola, has restated the commitment of President Bola Ahmed Tinubu's administration to reposition the nation's maritime sector in line with its agenda for economic growth...