World Bank Yet To Consider FG’s $2.25bn Loan Request – Wale Edun
The World Bank is yet to consider the approval of the federal government’s $2.25 billion loan application, which the government said would provide crucial support to Nigeria’s economic recovery efforts amidst ongoing fiscal...
Nigeria to Receive $2.2bn Loan from World Bank
The Federal Government is looking forward to receiving around $2.2 billion single-digit interest loan from the World bank and another budget support facility from the African Development Bank (AfDB).
Minister of Finance, Wale Edun disclosed this during the...
Rising Inflation Sends 10m Nigerians into Poverty – World Bank
The World Bank in its Macro Poverty Outlook for Nigeria: April 2024 has stated that rising inflation and weak earnings have pushed 10 million Nigerians into poverty in 2023.
Presenting a grim reality where earnings have...
Nigeria Issues N8trn in Treasury Bills to Stabilise Economy – Finance Minister
The Minister of Finance and Coordinating Minister of Economy, Wale Edun, on Thursday said the fiscal authority is complementing the efforts of the Central Bank towards ensuring the stability of the economy through...
FG Pays N4.83tn of Ways and Means Advances – Wale Edun
The federal government used part of the Nigerian Treasury Bills (NTBs) and Bonds issued in 2024 to pay down Ways and Means advances from the Central Bank of Nigeria (CBN) by N4.83 trillion, the...
Nigeria Gets ¥15bn To Boost Agricultural Scheme Projects
The federal government has said it has received the sum of ¥15 billion from the Japanese International Cooperation Agency to support the nation’s National Agricultural scheme project.
The minister of Finance and the coordinating minister of the Economy,...
