Cardoso, Edun, Others Appear Before Senate Committee The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has addressed Senator Adetokunbo Abiru, APC Lagos, East-led Senate Committee on Banking, Insurance, and other Financial Institutions. Edun, who led the economic team, the Governor of the...

Edun, Cardoso Seek Increase In World Bank Support for Nigeria Mr. Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, has called for more support from the World Bank for Nigeria, expressing hope that the multilateral institution will appreciate the reforms conducted...

Naira Slumps To N1,340/$1 At Parallel Market, FX Shortages Persist   Hopes of local and international businesses getting foreign exchange suffered a set-back as the naira slumped to fresh lows against the US dollar at the official and parallel markets at the weekend. This comes as...

Finally, FG Receives $2.25bn Afrexim Bank Loan By Nafisat Bello The Federal Government on Friday received a $2.25b foreign exchange support facility from the African Import-Export Bank. The Minister of Finance, Wale Edun, who confirmed this to Arise TV, said it is the first tranche of the...

We're Targeting $13bn Revenue From National Assets - Finance Minister   Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun yesterday in Lagos unveiled plans to leverage the nation’s assets to generate about $13 billion annual revenue. Edun disclosed this while speaking at the...

FG Targets More Tax Revenue as Global Rates Rise   The Federal Government has said it will focus more on domestic resources mobilisation with a focus on a more efficient collection of taxes, fees and payments that are due to the government. The Minister of Finance and...