The Nigerian Senate has approved President Bola Ahmed Tinubu’s request to obtain a new ₦1.15 trillion domestic loan to help fund part of the deficit in the 2025 national budget. …
Wale Edun
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EconomyFinanceGovernanceNational AssemblyNigeriaPolitics
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BusinessEconomyGOVERNMENTInfrastructurePower & Energy,
Tinubu pledges full support for Siemens power project to boost electricity supply
President Bola Ahmed Tinubu has reaffirmed his administration’s full commitment to improving electricity supply in Nigeria through the Presidential Power Initiative being executed in partnership with Siemens Energy. Speaking during …
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BusinessEconomyFinanceGovernanceSMEsTaxation
FG to Begin New Tax Acts in 2026, Promises Broad Consultation with Businesses – Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has assured that the Federal Government will maintain open consultation with business leaders and stakeholders ahead of …
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EconomyFinanceGOVERNMENTInflationINVESTMENTPolicies
Finance Minister Wale Edun Says Nigeria’s Economy Has Turned the Corner
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has assured Nigerians that the country’s economy is on a recovery path, saying the most difficult period is …
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DevelopmentEconomyFinanceGovernancePovertySocial Welfare
FG Pays N330bn Cash Transfers to Poor Nigerians Under Safety Net Programme
The Federal Government has disbursed N330 billion to poor and vulnerable Nigerians through the National Social Safety-net Coordinating Office (NASSCO). The Minister of Finance and Coordinating Minister of the Economy, …
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The Nigeria Customs Service (NCS) has announced the shortlist of 286,697 candidates who will proceed to the next stage of its ongoing recruitment exercise. The shortlisted applicants are expected to …
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BusinessEconomyFinanceGOVERNMENTMonetary PolicyNigeria
Finance Minister Wale Edun, CBN Governor Cardoso Pledge Stronger Policy Coordination to Boost Economy
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, have pledged closer coordination …
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The Federal Government has promised to stop deductions from the Employees’ Compensation Scheme managed by the Nigeria Social Insurance Trust Fund in order to ease rising tension with the Nigeria …
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EconomyEnergyGOVERNMENTInfrastructureSocial WelfareTaxation
FG Clears N2tn Capital Debt, Promises Faster 2025 Project Funding
The Federal Government has paid over N2 trillion owed to contractors for capital projects from the 2024 budget, and says it will now focus on ensuring timely release of funds …
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BankingCorporate AffairsEconomic PolicyFinanceGovernanceGOVERNMENTRegulation
NDIC Pays ₦54.62bn to Heritage Bank Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that it has paid ₦54.62 billion to 691,418 depositors of the now-defunct Heritage Bank. The Corporation also announced a liquidation dividend of …