HomeTagsWale Edun

Tag: Wale Edun

FG Paid N152bn to Contractors Amidst Protests

FG Paid N152bn to Contractors Amidst Protests   The Federal Government has said it disbursed N152bn to contractors for what it described as verified contracts, amid lingering protests over outstanding payments. In a statement on Thursday, the Minister of State for Finance, Doris Uzoka-Anite, said the payments...

Nigeria Removed from EU’s Financial Crime High-Risk List

Nigeria Removed from EU's Financial Crime High-Risk List   The European Union has officially removed Nigeria from its list of high-risk jurisdictions for money laundering and terrorism financing, a decision expected to ease cross-border transactions and improve investor confidence. The update was published on the European Commission’s...

FG Allocates N1.7trn for Outstanding Contractor Payments in 2026 Budget

FG Allocates N1.7trn for Outstanding Contractor Payments in 2026 Budget   The Federal Government has budgeted the sum of N1.7tn in the 2026 Appropriation Bill to settle outstanding debts owed to contractors for capital projects executed in 2024. A breakdown of the proposed 2026 national budget shows...

Nigeria’s Economy on Path to Stability, Growth ‐ Edun

The Minister of Finance and Coordinating Minister of Economy, Wale Edun, says Nigeria's economy made significant strides in 2025, despite global challenges.

US Strike: Nigeria Remains Safe for Business, Edun Tells Investors

The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has reassured investors that the country's recent joint security operation with the US in Sokoto would not destabilise markets. 

Oil Revenue Falls N16.2tn Short of 2025 Target

Nigeria's oil revenue fell short by N16.2 trillion in the first half of 2025, accounting for only 36.51% of the projected N25.52 trillion.