News

Minister of Finance discusses progress on local crude sales initiative

Ihesiulo Grace 30 October 2024 0

In a recent meeting with His Excellency Mr. President, Wale Edun, the Minister of Finance, provided an update on the implementation of the government’s initiative to sell crude oil to local refiners, who will then sell petroleum products in Naira to the Nigerian public. This initiative,

Headlines

Tinubu’s Finance team in NASS, defends high cost of living, resolves to address inflation

DailyTimesNGR DailyTimesNGR 7 February 2024 0

· We’re much better than we were on May 29, 2023 – Wale Edun By Mathew Brangyet The Minister of Finance and Coordinating Minister of the economy, Wale Edun and the Minister of Budget and National Planning, Atiku Bagudu, on Tuesday, led the Federal Government’s team to the National Assembly to defend the current high […]

Business

Experts discuss potential of digital finance in emerging markets

Ihesiulo Grace 7 August 2023 0

By Godwin Anyebe Stakeholders in the financial technology industry would be dissecting issues around digital finance in emerging economies at the forthcoming Africa Financial Technology Congress (AFTC) in Lagos. The event which is powered by Africa Brands, Playstation and Paycity is themed: ‘Unlocking the Potential of Digital Finance in Emerging Economies’ and scheduled

Headlines

Nigeria is not broke, says Finance minister

Ihesiulo Grace 2 December 2022 0

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says Nigeria is in good economic standing, and is not broke. Ahmed spoke at the 6th edition of President Muhammadu Buhari’s scorecard, tagged “PMB Scorecard 2015-2023”, organised by the Ministry of Information on Thursday in Abuja. She said that the country had continued to […]

Business Headlines

G7, others to invest $80bn in African businesses

Ihesiulo Grace 15 June 2021 0

The G7 Development Finance Institutions (DFIs) have announced a commitment to invest $80 billion dollars in Africa’s private sector, over the next five years, to support sustainable economic recovery and growth in the continent. A statement on Monday, from the African Development Bank (AfDB), said the G7 DFIs made the announcement along with the International […]

Business

FG looking beyond budgetary allocations to finance infrastructure-Finance Minister

Ihesiulo Grace 28 May 2021 0

PHILIP CLEMENT, ABUJA The minister for Finance, Budget and National Planning, Mrs Zainab Ahmed, says the federal government is looking beyond budgetary allocations to finance critical infrastructure development in the country. Mrs Ahmed who also doubles as Vice-Chair of the National Council on Privatisation (NCP) said this at the recently held webinar on financing

News

Loss of $384bn to illicite financial flow, Reps summons, Finance Minister, FIRS, others

Ihesiulo Grace 7 May 2021 0

By Tom Okpe, Abuja The House of Representatives at its plenary on Thursday, summoned the Minister of Finance, Chief Executives of the Federal Inland Revenue Service (FIRS), Central Bank of Nigeria, (CBN), Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices and Other Related Offences Commission (ICPC), Nigerian Export-Import Bank (NEXIM), Nigerian

Headlines News

N7.5 billion ‘secret withdrawal’: We don’t have any document, Ministry of Finance tells Senate

Ihesiulo Grace 5 May 2021 0

Tunde Opalana, Abuja Upon resumption of the probe of an alleged secret withdraw of a sum of N7.5 billion from the account of the National Automotive Council Design and Development Council (NADDC) Levy Account domiciled with Central Bank of Nigeria (CBN), a senior official of the Federal Ministry of Finance said it was not in […]

Business

Minister to present Fed Govt revenue projections in budget

Ihesiulo Grace 11 January 2021 0

FELIX OBOAGWINA Almost two weeks after President Muhammadu Buhari signed the 2021 budget into law, the Honourable Minister of Finance, Budget and Planning, Mrs (Dr) Zainab Shamsuna Ahmed will unveil the comprehensive picture of the government’s revenue projections for this year to the public on Tuesday. The Nigerian Parliament had on December 21 approved the […]

News

Finance minister swears in securities tribunal chairman

Ihesiulo Grace 24 September 2020 0

By Philip Clement, Abuja The Minister of Finance, Budget and National Planning, Zainab Ahmed has sworn-in the newly appointed chairman of the Investments and Securities Tribunal, Amos Azi. READ ALSO: Food Prices are rising – Finance Minister replies Presidency Ahmed also swore in Smart Osemwemge as a member of the Tribunal in Abuja. Mrs. Ahmed […]

News

EU ministers make attempt at fiscal package

Ihesiulo Grace 9 April 2020 0

European Union (EU) finance ministers will make another attempt on Thursday at approving a set of fiscal measures to combat the economic fallout of the coronavirus pandemic, after failing to overcome their differences in protracted talks earlier this week. At stake is a trio of proposed measures with a joint firepower of around half a […]

Covid-19

EU finance ministers face pressure

Ihesiulo Grace 7 April 2020 0

European union (EU) Finance ministers are under pressure to deliver proposals for further fiscal measures to counter the economic crisis triggered by the Covid-19 pandemic, as they head into talks on Tuesday. On the table is a “safety net” worth half a trillion euros (around 540 billion dollars), according to eurogroup president Mario Centeno. The […]

Business

Finance minister charges GRID 3 committee on data relevance

Ihesiulo Grace 17 February 2020 0

The Minister of Finance, Budget and National Planning, Zainab has charged members of the Geo-Referenced Infrastructure and Demographic Data for Development (GRID3) on the relevance of data in conducted their functions. The Minister gave the charge when she convened National Steering and Technical Committees Maiden Joint Meeting of GRID3 Nigeria. Ahmed convened the National

Business

Experts’ project sustainable finance for Africa’s mining sector in 2020

Ihesiulo Grace 6 February 2020 0

Finance experts have projected that 2020 will likely be a turning point for sustainable finance in Africa’s mining sector. Nigel Beck, Head, Sustainable Finance and Mark Buncombe, Head, Mining and Metals for Standard Bank Group in a report made available to the newsmen, explained that as corporate proactively implement measures to operate more responsibly and […]

Business

Finance bill will promote fiscal equity, ease of doing business – Zainab Ahmed

Ihesiulo Grace 19 November 2019 0

Abuja – The Finance Bill, 2019 is aimed at promoting fiscal equity, international tax reforms, raising tax revenues and ease of doing business reforms. Finance Bill was submitted by President Muhammadu Buhari to the joint session of the National Assembly on  Oct. 14. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, made this known at […]

Education

CIBN to train bankers on sustainable finance — President

Ihesiulo Grace 8 November 2019 0

Lagos – The Chartered Institute of Bankers of Nigeria (CIBN) says it will soon organize capacity building for bankers in the country on the need for sustainable banking principles. CIBN President, Dr Uche Olowu, said this at a conference organised by LAPO Microfinance Bank Limited in Lagos on Thursday with theme: “Enhancing Sustainable Finance in […]

News

FG To Limit Number Of Children Per Mother

Ihesiulo Grace 24 October 2018 0

The Federal Government on Tuesday declared that it was working hard to come out with a policy that would limit the number of children that a mother could have in Nigeria. It stated that traditional rulers and other leaders across the country were being engaged as regards this, adding that the move was aimed at […]

News

Registration Opens for 2019 Certificate of Finance in International Trade Programme

Ihesiulo Grace 23 October 2018 0

The African Export-Import Bank (Afreximbank), the FCI+IFG Union and the University of Malta today in Cairo announced the opening of registrations for the 2019 cohort of the Certificate of Finance in International Trade (COFIT). Stephen Kauma, Afreximbank’s Director & Global Head of the Human Resources Department, said that COFIT 2019, which is open to banking […]

Business Headlines

Afreximbank declares 2018 Structured Trade Finance Seminar, invites registrations

Ihesiulo Grace 12 September 2018 0

The Structured Trade Finance Seminar and Workshop, organized annually by the African Export-Import Bank (Afreximbank), will be hosted in Casablanca, Morocco, from 7 to 9 November, the Bank announced today in Cairo. The 2018 seminar and workshop, being organized in collaboration with the Ministry of Economy and Finance of Morocco, will be the 18th in […]

News Nigeria

N4.6bn fraud: Court fixed October 2 for hearing

Ihesiulo Grace 11 June 2018 0

Hearing of a motion brought by former Minister of State for Finance, Nenandi Usman, has been fixed by a Federal High Court, Ikoyi, Lagos. Justice Mohammed Aikawa, on Monday fixed October 2 to hear the motion after Usman’s lawyer, Ferdinand Orbih (SAN), informed the court about the exparte application. Orbih had told the court that […]