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Finance Minister

Giovanni Tria

EU set to fight Italy over debts

The European Union looks increasingly likely to impose disciplinary procedures on Italy over the management of its huge public debt, after inconclusive meetings on Friday between the Italian finance minister and his EU partners.
Tanzanian women have reacted with surprise and anger at the news that Finance Minister Philip Mpango is introducing a 25 per cent tax on imported wigs and hair extensions.

Tanzanians react to 25 per cent tax on imported wigs

Tanzanian women have reacted with surprise and anger at the news that Finance Minister Philip Mpango is introducing a 25 per cent tax on imported wigs and hair extensions.

G20: Worsening trade wars pose risk to world economy

The world’s top financial policymakers admitted Sunday that trade tensions had worsened, posing a risk for the global economy, after a G20 meeting that laid bare differences between the United States and other nations.

G20 working on digital tax for Amazon, Google, Facebook, Apple

Top G20 finance officials agreed Saturday there was an urgent need to find a global system to tax internet giants such as Google, Facebook, Amazon and Apple, but clashed on the best way to do it.

Katsina government, firm in legal battle over N66.268 billion Paris Club refund

The N66.3 billion released to Katsina State from the Paris Club refund in 2016 by the Federal government has become a subject of litigation before the Abuja division of the Federal High Court.

Court orders reinstatement of suspended SEC chief Mounir Gwarzo

The National Industrial Court, Abuja, on Thursday ordered the immediate reinstatement of Mounir Gwarzo, the suspended Director-General of the Securities and Exchange Commission (SEC), back to his position.
South Africa's President Cyril Ramaphosa has appointed 50 percent women in his new cabinet, a first for Africa's second biggest economy.

South Africa’s Cyril Ramaphosa appoints 50 percent women in new cabinet

South Africa's President Cyril Ramaphosa has appointed 50 percent women in his new cabinet, a first for Africa's second biggest economy.

Kenya seeks $750 million loan from World Bank

Kenya is negotiating with the World Bank for a $750 million loan for budgetary support, documents on the proposed funding posted on the lender’s website showed.
Matt Hancock

Matt Hancock: Brexit not an option

Matt Hancock, one of the Conservative candidates vying for Prime Minister Theresa May’s job, said a no-deal Brexit was not an option for Britain’s next leader as the speaker of parliament would thwart it, the Financial Times reported.
Zainab Ahmed, minister of finance, says the federal government is working on a policy that will limit the number of children a woman can give birth to.

Pensioners block finance minister’s convoy over pension verification

The convoy of the Minister of Finance, Mrs Zainab Ahmed, was on Tuesday night blocked by angry pensioners of the defunct Nigerian Airways.
Mthuli Ncube

Zimbabwe rules out electricity tariff increase amid power shortages

The Zimbabwean government on Monday ruled out tariff increases on electricity as the nation faces its worst power shortages in three years.
Zimbabwean central bank governor John Mangudya delivers his 2016 Monetary Policy statement in Harare

Zimbabwe secures $500 million loan to ease dollar shortages

Zimbabwe’s Central Bank says it has secured 500 million dollars loan from unspecified international banks to support interbank currency trading from May 20.
Zainab Ahmed

Minister: States to share N649 billion Paris Club refund

Finance Minister, Mrs. Zainab Ahmed, has revealed that the sum of N649 billion, the final tranche of the Paris Club Refund, is available to be shared by the 36 States of the federation.

Three candidates that may succeed Godwin Emefiele

Nigeria’s central bank governor for the next five years will have to balance fighting inflation and propping up the currency against pressure to boost an economy that’s expanding slower than emerging-market peers.
Issad Rebrab

Algeria’s richest man held in jail in graft probe

Algeria's richest man Issad Rebrab has been detained in jail on the public prosecutor's orders, state media reported Tuesday, a day after his arrest as part of a corruption probe.
Zainab Ahmed

Minister: Poor revenue hinders budget implementation

The federal government has decried Nigeria’s weak revenue generation profile which it said was hindering ability to operate the national budget.
Issad Rebrab

Five billionaires arrested as part of Algeria’s anti-corruption drive

Algerian authorities have arrested five billionaires as part of an anti-graft investigation, State TV reported.
Boubou Cissé

Mali appoints new premier days after government resigns

Malian President Ibrahim Boubacar Keita has appointed a new prime minister, days after the government resigned amid a spike in violence in the restive West African country.

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Nigerian Stock Exchange NSE

NSE: Market indices reserve losing streak, up by 0.06 per cent

Trading on the nation’s bourse reversed losing streak on Friday, recording first gain in June with a marginal growth of 0.06 per cent.
Wife of the President, Dr. Aisha Buhari, has claimed that two powerful personalities were frustrating President Muhammadu Buhari’s effort.-1

Aisha Buhari reaffirms commitment to women, children

The First Lady, Mrs Aisha Buhari, has reaffirmed her commitment toward improving the living conditions of women, children and the vulnerable persons in Nigeria.

Niger gets new chief judge

Justice Aliyu Mayaki on Friday took the oath of office as the Acting Chief Judge of Niger state.

Kano government to build Army training center worth N318 million in Falgore forest

Kano State Governor, Dr. Abdullahi Ganduje, said on Friday that the state government would spend over N318 million on the construction of an Army training center in Falgore Forest, which was turned into a hideout by criminals.
Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested seven suspected internet fraudsters at the Sunshine Estate, Gwarinpa, Abuja.

EFCC arrests cyber fraudsters in multiple cross country raids

Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested seven suspected internet fraudsters at the Sunshine Estate, Gwarinpa, Abuja.