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Edun Seeks Increased Credit Access for SMEs

Minister of Finance and Coordinating Minister of the Economy, Olawale Edun has tasked deposit money banks to expand credit access to small and medium enterprises (SMEs).

Nigeria Assumes G-24 Chairmanship, Vows to Drive Global Economic Reforms

Nigeria Assumes G-24 Chairmanship, Vows to Drive Global Economic Reforms   Nigeria has taken over the chairmanship of the Intergovernmental Group of Twenty Four (G-24), with a promise to drive inclusive global economic reforms. The announcement was made on Wednesday, October 15, through a series of posts...

FG Denies Stopping Revenue Agencies from Deducting Cost of Collection at Source

FG Denies Stopping Revenue Agencies from Deducting Cost of Collection at Source The Federal Ministry of Finance has debunked media reports claiming that the Federal Government has stopped revenue-generating agencies from deducting their cost of collection at source. In a statement issued on Tuesday by the...

FG Reaffirms AfCFTA Commitment at Intra-African Trade Fair 2025

FG Reaffirms AfCFTA Commitment at Intra-African Trade Fair 2025 Nigeria has restated its commitment to advancing the African Continental Free Trade Area (AfCFTA) agreement, with the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, joining global leaders at the ongoing Intra-African...

FG, States, LGs Share N2.001trn for July, Says FAAC

FG, States, LGs Share N2.001trn for July, Says FAAC   The Federation Account Allocation Committee (FAAC) has shared a total of N2.001 trillion among the three tiers of government as federation allocation for July 2025. The allocation was announced at FAAC’s August 2025 meeting, which was chaired...

FG Clears N2trn Contractor Debt, Plans 2025 Capital Budget

FG Clears N2trn Contractor Debt, Plans 2025 Capital Budget   The Federal Government has cleared over N2tn in outstanding capital budget obligations from the 2024 fiscal year, with a pledge to prioritise the timely release of 2025 capital funds. The Minister of Finance and Coordinating Minister of...