FG to Settle N2trn Debt Owed to GenCos by December   The Minister of Power, Adebayo Adelabu, has announced that the government has outlined plans to offset N2trn out of the N4tn debt owed to power generation companies by the end of the current year. He said...

FG Establishes Sub-Committee to Assess Impact of Trump Tariffs   The Federal Government is reviewing the possible effects of the unfolding international tariff regimes and shifts in global commodity prices. The Economic Management Team (EMT) chaired by the Minister of Finance and Coordinating Minister of the Economy,...

Edun, Cardoso Team Up to Boost Fiscal-Monetary Policy Synergy   The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso yesterday, convened a high-level meeting in Abuja, to advance ongoing...

Finance Minister, NNPCL Review Crude Oil Sales Policy The Technical Sub-Committee on the Naira-for-Crude Policy met on Thursday at the Ministry of Finance Headquarters in Abuja to assess developments and reaffirm commitments to the policy framework, a senior government official said. The source, who spoke on...

We Are Prioritising Investment Over Borrowing - Edun   The Federal Government has improved its resource allocation strategy to enhance efficiency and sustainability while reducing reliance on high-cost commercial borrowing. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said this on Thursday at...

The Federal Government of Nigeria and Afreximbank have signed the host Country agreement for the 32nd Afreximbank Annual Meetings (AAM) in Abuja.