President Muhammadu Buhari yesterday ended uncertainty over the fate of his administration’s eighth appropriation, signing the bill containing some unreconciled and frivolous estimates, as transmitted by...
Not long after the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele announced that the apex bank would redesign the country’s currency December 15, 2022,...
The Central Bank of Nigeria (CBN) has insisted that it followed the law and due process in the ongoing Naira notes redesigning exercise, which it said...
The House of Representatives’ Ad Hoc Committee to Investigate the Petroleum Products Subsidy Regime from 2013 to 2022, on Thursday, grilled the Minister of Finance, Budget...
The Federal Government on Thursday projected to spend N6.7 trillion on petrol subsidy payments in 2023. Subsidy or under-recovery is the underpriced sales of premium motor...
The cost of servicing debt surpassed the federal government’s retained revenue by N310 billion in the first four months of 2022. The federal government said this...
The Accountant General of the Federation, Ahmed Idris, has been suspended indefinitely over alleged N80 billion fraud. He was suspended by the Minister of Finance, Budget...
The Federal Government, through the Minister of Finance, Budget and National Planning, Zainab Ahmed, has suspended the planned petrol subsidy removal. Speaking during a meeting held...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, says the federal government will remove fuel subsidies by 2022 and replace them with N5000-a-month transportation...
The federal government is in the process of securing a $750 million World Bank loan on behalf of the states of the federation, to help stimulate...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, says the outbreak of Covid-19 has negatively impacted Nigeria’s oil revenue, saying a mid-term review of...