2017 budget: FG to release N350bn for capital projects

The Federal Government is set to release the first tranche of capital release of N350bn to…

FEC okays $188.807m, N8.576b road, power, port projects

The Federal Executive Council (FEC) yesterday approved $188.807 million and N8.576 billion for some road, power…

Minister urges Customs on import levy implementation

The Minister of Finance Kemi Adeosun, on Tuesday, tasked the Director-Generals of Customs and African Union…

Budgetary spending alone can’t address infrastructure deficit – Adeosun

The Minister of Finance,  Kemi Adeosun, on Tuesday said that the Federal Government could not address…

“Nigeria is coming out of recession” – Adeosun

The Nigerian economy is gradually coming out of its worst recession in years, the finance minister,…

Crude oil pre-shipment inspection contracts breach due process – Reps

A House of Representatives panel yesterday uncovered several breaches in the procurement processes in the contracts…

Nigerian finance minister says country needs to tap its non-oil revenues

Nigeria plans to get out of recession by boosting government revenues and cracking down on corruption,…

Senate asks finance minister to release N15bn for amnesty programme

Sequel to the five-month arrears being owed the 30,000 beneficiaries of the amnesty programme, the Senate…

FEC approves $1.3 billion loan for Development Bank

The Federal Executive Council (FEC) has approved $1.3 billion of loans from international lenders to fund…

FG’ll borrow more to meet infrastrutural obligation-Adeosun

Minister of Finance, Kemi Adeosun says based on the situation at hand, the Federal Government would have…

Implement BVN in Microfinance Banks, Adeosun writes CBN

The Minister of Finance, Kemi Adeosun, has urged the Central Bank of Nigeria (CBN), to implement…

Nigeria to seek World Bank loan of at least $1 bln – finance minister

  The federal government wants to borrow at least $1 billion from the World Bank and…