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Federal Ministry of Finance

Recertification: ARDS threatens to shut erring cooperatives

The Secretary, Agriculture Rural Development Secretariat, Mr Ifeanyichukwu Nzekwe, has threatened to shut down any Cooperative Society in the Federal Capital Territory (FCT) that failed to undergo compulsory recertification.

NIMASA partners customs, central bank, others on review of vessels import tax

The Nigerian Maritime Administration and Safety Agency, NIMASA, last week, disclosed that it was currently engaging the Central Bank of Nigeria, CBN, the Nigeria Customs Service, NCS, the Federal Ministry of Finance and its supervisory ministry, the Ministry of Transportation, in working out a special tariff template for the importation of vessels and its parts by indigenous shippers.

Group condemns attacks, blackmail on central bank chief Godwin Emefiele

A group, Yoruba Youth Democratic Movement (YYDM), has condemned what it called blackmail by some people who are against the re-appointment of the governor of the Central Bank of Nigeria (CBN), Dr. Godwin Emefiele.
Isaac Okorafor

No money missing, stolen in central bank – spokesman

The Director, Corporate Communications, Central Bank of Nigeria (CBN), Mr Isaac Okoroafor, said that no money is missing or stolen from the bank’s coffers as reported in some section of the media.

Central bank threatens legal action over ‘stolen’ N500 billion allegation, says money was given...

The Central Bank of Nigeria (CBN) says N150 billion which was reported as stolen from its coffers was part of a N650 billion loan to states.
Bank of Agriculture - BoA

Federal government to divest 60% stake in Bank of Agriculture

In the bid to restructure the Bank of Agriculture (BOA) for efficiency, the Federal Government has moved to divest 60 per cent of its stakes in the bank.
President Muhammadu Buhari

President Buhari asks ministers to submit handover notes

An indication that President Muhammadu Buhari may dissolve the Federal Executive Council (FEC) earlier than the May 29 terminal date of his first term in office emerged yesterday when he asked ministers and agency heads to turn in their handover notes by Wednesday.

PTAD: Federal government spent N79.2 billion on monthly pension in 2018

The Federal Government in 2018 spent a total of N79.2 billion on the payment of monthly pensions to pensioners.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank lists N15 billion green bond on FMDQ OTC, NSE

Access Bank Plc yesterday listed its N15 billion Green Bond on the FMDQ OTC Securities Exchange and the Nigerian Stock Exchange (NSE). The Bond is the first of its kind to be issued by an African corporate and represents a major milestone in the development of the local green finance market. It is a 5-year 15.5 per cent Fixed Rate Senior Unsecured Green Bond due 2024.

NDIC: Federal government committed to a stable financial system

The Federal Government is committed to ensuring a stable financial system in the country, Managing Director/Chief Executive Officer, Nigeria Deposit Insurance Corporation, (NDIC), Umaru Ibrahim, has said.
Acting Finance Minister of Finance Zainab Ahmed

ICAN seeks collaboration with finance ministry on training

The Institute of Chartered Accountants of Nigeria (ICAN) on Tuesday commended the laudable achievements of the Federal Government under the Federal Ministry of Finance in the last three and half years, saying it has blocked leakages and set the tone for improved revenue generation to finance government’s economic development agenda.
Academic Staff Union of Polytechnics (ASUP)

ASUP suspends two-month strike

The Academic Staff Union of Polytechnics has suspended its two-month strike.

Federal government is not panicking over oil falling prices

The Minister of Information, Lai Muhammed, yesterday disclosed that the federal government was not panicking despite the drastic fall in oil prices since the second half of 2014.
Sen. Stella Oduah says the Bill for the establishment of the South East Development Commission (SEDC) when assented to, will address the infrastructural challenges in the South East.

Senator Oduah: SEDC Act will fix South East infrastructure, Nigeria’s economy

Sen. Stella Oduah says the Bill for the establishment of the South East Development Commission (SEDC) when assented to, will address the infrastructural challenges in the South East.

French agency approves $245 million for power transmission projects in northern Nigeria

The Transmission Company of Nigeria (TCN), says the Board of French Development Agency (AFD) has approved 245 million dollars for the implementation of transmission projects in northern corridor.

NCC faults Femi Falana’s claim of annual N600 billion revenue loss

The Nigerian Communications Commission (NCC) has faulted the claim by Lagos lawyer, Femi Falana, (SAN) that the country was losing about N600 billion from the telecommunications industry.

FIRS remitted N4.63 trillion to FAAC between January and November 2018

The Federal Inland Revenue Service (FIRS) remitted about N4.63 trillion to the Federation Account between January and November this year, revenue collection figures submitted to the Federal Ministry of Finance have shown.

Six Benue communities get N26.5 million under CSDP project

Community and Social Development Project (CSDP) in Benue State has provided additional intervention of N26.5 million to six communities and groups for the implementation of projects in the state.

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Vinicius Junior reflects on ‘great’ first season at Real Madrid

Real Madrid winger Vinícius Júnior admits he is delighted with how his debut season with at club unfolded.
Leroy Sane

Robert Lewandowski urges Bayern Munich to sign Leroy Sané

Bayern Munich striker Robert Lewandowski has encouraged the club to target Leroy Sané this summer.

Ralf Ragnick: Bayern Munich move unlikely for Timo Werner

Timo Werner is not expected to move to Bayern Munich by RB Leipzig manager Ralf Ragnick because the Bavarians are yet to make an approach for the striker.

ASUU threatens strike over implementation of 2019 agreement

The Academic Staff Union of Universities on Wednesday said that its members should not be held responsible if there is any disruption in the university system, as the Federal Government had not shown commitment to carrying out the 2019 Memorandum of Action.
Kidnap Victim

Abducted head hunter, lady regain freedom in Osun

Chief Amusa Olaleye Dunsin abducted alongside one other victim on Monday in an Osun town had been released.