Dangote Refinery Sold Petrol at N898 Per Litre – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that it bought fuel from Dangote Refinery at N898 per litre.…
Tag: Wale Edun
FG Confirms Recovery of N83B, $609M, €5.4M from Whistler Blowing Policy
Whistleblowing Policy: The Federal Government states that it has successfully recovered more than 83 billion Naira, 609 million dollars, and…
FG Set to Settle N1.7Trn GenCos, GasCos Debt in 25 Days
…Plans issuance of bonds, promissory notesThe federal government has announced plans to settle an outstanding debt of N1.7 trillion owed…
Tinubu Set to Suspend Import Duties on Food, Drugs
The Federal Government is ready to set in motion a plan to suspend payment of import duties on staple food…
Tinubu Directs Edun to Present Cost Implications for New Minimum Wage in Two Days
President Bola Tinubu has directed the Minister of Finance, Wale Edun, to present the cost implications for a new minimum…
EFCC to Move Against Schools Charging Dollars, Other Foreign Currencies
The Economic and Financial Crimes Commission (EFCC) has placed international schools charging tuition in dollars and other foreign currencies under…
Naira is World’s Top-Performing Currency, As Goldman Sachs Predicts Continued Strength
Nigeria’s naira is poised to extend its gains, having already established itself as the top performer globally this month, according…
FG Plans Emergency Economic Bill to Boost Non-Oil Revenue in Nigeria
The Federal Government plans to introduce an emergency economic bill to boosts its revenue from the non-oil sector in Nigeria.…
Labour Union Set to Reduce Minimum Wage Demand to N500,000
A significant sign suggests that organized labor will advocate for N500,000 as the minimum wage, as the zonal public hearing…
FG Set to Resume Direct Cash Transfers to 12 Million Nigerians
The federal government plans to resume providing direct cash transfers to 12 million Nigerians. The plan was disclosed by Wale…
World Bank MD, Bjerde Set to Land in Nigeria for Two-Day Bilateral Visit
The World Bank’s Managing Director of Operations, Anna Bjerde, is set to land in Nigeria for a pivotal two-day engagement…
FIRS Set Collection Mark of N19.41 Trillion for 2024, After Surpassing 2023 Target – Zacch Adedeji
Executive Chairman of Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, said the service had a collection target of about…
FIRS Set to Undergo Re-Organisation as FG Approves New Organizational Structure for Agency
The Federal Inland Revenue Service (FIRS) will be undergoing a major reorganization as the federal government approved a new organizational…
Ministry of Finance Directs MDAs to Remit 100% IGR to New Treasury Account
The federal government has, through the Federal Ministry of Finance, directed all Ministries, Departments, and Agencies (MDAs) to remit 100…
40% Nigerians Lack Access to Electricity, As Tinubu Urge Power Stakeholders to Move Sector Forward – Wale Edun
40% of Nigerians lacking access to electricity is not acceptable to President Tinubu. This is according to Nigeria’s Minister of…
Federation Account Witnessing Improved Revenue of Over N1 Trillion Since Subsidy Removal – Wale Edun
The Minister of Finance, Mr Wale Edun, says that the Federation Account is witnessing improved revenue inflow since the removal…
FEC Approves $3.45Bn Loan to Finance Power Sector, Renewable Energy, Mobilisation and Women Empowerment Schemes
Federal Executive Council on Monday approved the application for a $3.45bn loan to finance five items.They include projects in the…
Tinubu Launches Renewed Hope Conditional Cash Transfer for 15 Million Households
President Bola Tinubu on Tuesday launched the Renewed Hope Conditional Cash Transfer for 15 million households. The event, which coincided…
Finance Minister, Edun Aware of Impact of Economic Reforms on Nigerians, Assures Things to Improve Daily
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, said that the FG is aware of the…
Tinubu Administration to Tackle Forex with Cheapest Fund, Solution is in Sight for Economic Challenges – Wale Edun
Minister of Finance Olawale Edun yesterday said solution is in sight for the economic challenges, he added that the Tinubu…
Finance: $6.8 Billion Overdue Forward Payment Responsible for Naira Decline, Says Wale Edun
The Finance Minister, Adebayo Olawale Edun made clarifications that $6.8 Billion overdue forward payment is responsible for the naira decline,…
Our Economy was Last Stable Under Goodluck Jonathan Regime, Says Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Olawale Edun has asserted that the last time Nigeria’s economy…
