30 results
- 9 Sept 2024
VAT Not Raised To 10 Percent Says Edun, Finance Minister
Wale Edun, minister of Finance and Coordinating Minister of the Economy has debunked reports making the rounds that the rate for Value-Added Tax (VAT) has been increased from 7.5% to 10%. Wale Edun…
- 27 Jul 2025
Edun, Finance Minister Inaugurates NDIC New Management
Mr Wale Edun, minister of Finance and coordinating minister of the Economy, has inaugurated Mr Thompson Oludare Sunday, new managing director/chief executive officer of the Nigeria Deposit Insurance…
- 6 Jan 2022
No Plans to Sack Government Workers- Finance Minister
Zainab Ahmed, minister of Finance, Budget and National Planning has said that there are no plans to sack government workers. The minister made this statement on Thursday during an interview on NTA’s…
- 7 Aug 2024
FG spends $600m monthly on fuel importation – Minister of Finance, Wale Edun
Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has revealed that Nigeria currently spends $600 million each month on fuel imports. Wale Edun Edun attributed this high…
- 16 Apr 2018
SEC Boss Sacked for Disobeying Finance Minister
The federal government removed Abdul Zubair as acting director-general, Securities and Exchange Commission (SEC) for reportedly defying Kemi Adeosun, minister of Finance minister’s orders to lift the…
- 1 Sept 2016
Adeosun, Finance Minister Disowns Twitter Account
Mrs Kemi Adeosun, Finance minister, has denied owning a Twitter account while reacting to a statement trending on social media that she twitted that ‘recession is just a word’. Festus Akanbi, her…
- 7 Mar 2024
African Finance Ministers Urge Govts to Bridge Tech Gap
African finance ministers have urged governments to develop instruments and institutions that can bridge the technology gap, as well as new funding structures that, with the correct governance…
- 23 Jun 2016
Finance Minister Holds Meeting with Staff Union over N1.2b Demand
Mrs. Kemi Adeosun, finance minister, yesterday met with staff unions at the Ministry of Finance to discuss the ongoing dispute over additional payments for Ministry of Finance civil servants.…
- 18 May 2022
Finance Minister Suspends AGF over Alleged N80Bn Fraud
Zainab Ahmed, minister of Finance, Budget and National Planning, has suspended Ahmed Idris, the embattled Accountant-General of the Federation, from office over his alleged involvement in N80billion…
- 12 Apr 2026
Finance Minister Did not Admit Errors in New Tax Laws – PFPTRC
Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC) has dismissed reports claiming that Taiwo Oyedele, minister of State for Finance, admitted errors in Nigeria’s new tax laws. Taiwo…
- 4 Jun 2024
Tinubu Asks Edun, Finance Minister to Present New Minimum Wage Template in 48 Hours
President Bola Tinubu has directed Minister of Finance, Wale Edun, to present a new minimum wage template in 48 hours following the agreement reached with organized labour. Mohammed Idris, Minister…
- 19 Mar 2023
Finance Minister Urges Incoming Govt to Hike VAT from 7.5Percent to 10
Zainab Ahmed, minister of Finance, Budget and National Planning,, has urged the incoming administration to increase the Value Added Tax (VAT) from the current 7.5 percent to 10 percent, saying this…
- 13 Mar 2014
Finance Minister Confirmed to Speak at the Nigeria Summit 2014
Ngozi Okonjo-Iweala, coordinating minister for the Economy and Finance, has just confirmed to speak at the Nigeria Summit 2014 according to Economist Events, organizers of the …
- 25 Feb 2020
Minister of Finance Engages Market Stakeholders During “A Day At The NSE"
Dr. Zainab Shamsuna Ahmed, the Honourable Minister of Finance, Budget and National Planning, was hosted by the Nigerian Stock Exchange (NSE) recently. The event themed, “A Day at the NSE” marked the…
- 5 Jan 2022
Minister of Finance Gives Hint of Plans to Downsize Workforce
Federal Government has given the hint to downsize its workforce. Zainab Ahmed, minister of Finance, Budget and National Planning, disclosed Wednesday, saying that reducing the size of government has…
- 5 Jul 2026
FG Denies N8 Trillion ‘Shadow Budget’, Says IMF Quoted out of Context
Taiwo Oyedele, minister of Finance and Coordinating minister of the Economy, has said there are no secret expenditures or shadow budgets as insinuated. Taiwo Oyedele, minister of Finance and…
- 25 Mar 2025
FG to Harmonise Fiscal Data Across MDAs
Efforts to harmonise fiscal data across government institutions have commenced in earnest, with Mr Wale Edun, minister of Finance and Coordinating Minister of the Economy, spearheading the meeting to…
- 13 Jul 2015
Oshiomhole, Okonjo-Iweala in War of Words over $1Bn for Jonathan’s Re-Election
Adams Oshiomhole, Edo State Governor, has accused Dr. Ngozi Okonjo-Iweala, former minister of Finance and coordinating minister of the Economy, of tampering with $1 billion from the Federation…
- 21 Apr 2026
Cabinet Shake-Up: President Bola Ahmed Tinubu Replaces Wale Edun, Ahmed Dangiwa
President Bola Ahmed Tinubu has approved a minor reshuffle of the Federal Executive Council, removing the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Minister of…
- 22 Jul 2026
FG Says Rumours, Fear, Can Crash Banks
Mr Taiwo Oyedele, minister of Finance and Coordinating Minister of the Economy, has warned that fear, rumours and misinformation could trigger instability in the banking sector if not properly…
- 25 Jun 2026
FG Proposes Africa-Wide Payment Card without Conversion through US Dollar
Taiwo Oyedele, minister of Finance and coordinating minister of the Economy, has said that Africa’s payment ecosystem should move beyond traditional systems that rely on third-party currencies for…
- 5 Mar 2013
Reps Battle Okonjo-Iweala, Dikko over Auction of Overtime Cargo
House of Representatives has queried Dr. Ngozi Okonjo-Iweala, minister of finance and coordinating minister of the Economy, over the suspension of sales of overtime cargo. The Joint House Committee…
- 24 Oct 2019
Reps Kick as FG Repay $460m Chinese Loan for Failed Abuja CCTV Project
House of Representatives Committee on Finance has demanded further explanations on the $460m Abuja CCTV project from the Ministry of Finance. Mrs. Zainab Ahmed, minister of Finance, however…
- 6 Jan 2014
Ministers, Bank Chiefs Jostle for Sanusi’s Job @ CBN
Mr. Olusegun Aganga, minister of Industry, Trade and Investment and Dr. Yerima Ngama, minister of State for Finance have reportedly joined the high-wired corporate cum political chess game to succeed…
- 7 Jul 2015
Okonjo-Iweala Alleges Malicious Attacks, Persecution
Dr. Ngozi-Iweala, Nigeria’s former minister of Finance, has questioned the reason for an excessive attempt to batter her name and damage her reputation, saying it is malicious. In reaction to…
- 11 Jul 2016
Insurance Sector Denying Economy 1.5 % GDP Growth Yearly - Minister
Mrs Kemi Adeosun, minister of Finance, has lamented that the under-performance of the insurance sector was denying the country an annual 1.5 per cent increment in Gross Domestic Product (GDP).…
- 21 May 2023
Failed Abuja CCTV Project: Court Orders FG to Account for $460m Chinese Loan
A Federal High Court in Abuja has ordered the President Muhammadu Buhari’s Administration to “account for the spending of $460 million Chinese loan to fund the failed Abuja Closed-Circuit Television…
- 29 Nov 2017
FG Suspends SEC DG, 2 Others over Allegations of Fraud
Mrs. Kemi Adeosun, Finance minister of Finance, has suspended Mr. Mounir H. Gwarzo director-general of the Securities and Exchange Commission (SEC), from Office, to allow for an unhindered…
- 4 Jun 2024
FG Giving Businesses up to ₦1Bn Loan @ 9 Percent Interest Rate — Wale Edun
Wale Edun, minister of Finance and Coordinating Minister of the Economy, has said that the federal government is offering businesses including manufacturers in the country credit facilities up to…
- 15 Apr 2024
Edun Hails SecureID Over Digitization Efforts
Mr. Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has praised the smartcard manufacturing company, SecureID Limited, for its sustainable contributions to the country’s…