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Minister of Finance

Workers shut SEC over attempts to reinstate suspended chief

The battle for the headship of the Securities and Exchange Commission (SEC) got fiercer Monday morning as the Association of Senior Civil Servants of Nigeria, SEC Branch, locked up offices of the headquarters of the Commission over attempts by suspended DG Mounir Gwarzo to resume duties.

Operators applaud judgment on Mounir Gwarzo reinstatement, task federal government

Some capital market operators on Saturday applauded the industrial court judgment on the reinstatement Malam Mounir Gwarzo as the Director-General of the Securities and Exchange Commission (SEC).
Bello Matawalle | Bello Matawallen-Maradun

Governor Matawalle appoints former finance minister as adviser

Bashir Yuguda, the former Minister of Finance under President Goodluck Jonathan administration has been appointed Honorary Special Adviser to the new governor of Zamfara, Alhaji Bello Matawalle.

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.
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.
PRESIDENT MUHAMMADU BUHARI INAUGURATES BOARD MEMBERS OF THE NORTH-EAST DEVELOPMENT COMMISSION AT THE COUNCIL CHAMBER STATE HOUSE. PHOTO; SUNDAY AGHAEZE. MAY 8 2019 3

President Buhari, ministers in valedictory FEC session today

President Muhammadu Buhari will preside over the valedictory session of the Federal Executive Council (FEC), on Wednesday, exactly a week before his inauguration for another four-year tenure.
Ahmed Idris, the Accountant-General of the Federation (AGF)

Nigeria pledges to support Gambia on TSA

The Office of the Accountant-General of the Federation (OAGF) says it will fully support the visiting Gambian team on its quest to learn operations of the Treasury Single Account (TSA).
LOOM

SEC: Loom is a ponzi scheme

The Securities and Exchange Commission (SEC) yesterday warned Nigerians against the activities of some fraudsters running an online investment scheme tagged ‘Loom Money Nigeria’.
Zainab Ahmed

States to get N649 billion Paris Club fund

State governments will soon smile to the banks as the federal government has concluded plans to commence the final phase of the Paris Club debt refunds.
Acting Finance Minister of Finance Zainab Ahmed

Minister: Taxpayers increased by 23 million within three years

The number of taxpayers in Nigeria has, within the period of three years, increased by 23 million.
Acting Finance Minister of Finance Zainab Ahmed

Minister: 2019 budget assessment to be completed soon

Mrs Zainab Usman, the Minister of Finance, says assessment of the 2019 Appropriation Bill will be completed soon and a report will be rendered to President Muhammadu Buhari.
LOOM

SEC warns Nigerians to beware of Loom ponzi scheme

The Securities and Exchange Commission (SEC) has raised the alarm over the activities of some fraudsters currently running an online investment scheme tagged ‘Loom Money Nigeria’.
Zainab Ahmed

Federal government recovers N605 billion through whistleblower policy

The Federal Government on Thursday said that it had recovered about N605bn through the implementation of the whistleblower policy.
PRESIDENT BUHARI PRESIDES OVER FEC MEETING MAY 8 2019 5

FEC approves water projects, demolition equipment, others

The Federal Executive Council (FEC) on Wednesday approved a number of contracts including a water project and the installation of 30 kilometers pipeline at the cost of N2.5 billion.
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.

FEC okays N970.2 million for construction of Nigeria Customs barracks

The Federal Executive Council (FEC) on Wednesday approved the sum of N970.2 million for the proving of residential accommodation for the Nigeria Customs Service (NCS).
L-R AFX Group UK Business Development and Sales associate, Mr. Claude Herve; Country Manager, Fintech Global Markets Engr. Joel Adoki ; Chief Executive Officer MBA Forex International Mr. Maxwell Odum and Head of Back office and Trade Desk AFX Group UK, Mrs. Natalia Stetco during a session at a one day Financial Investors Summit held in Lagos on Saturday.

Report: Nigeria’s rising debt jostles investors

Some foreign investors and analysts are beginning to raise concerns about the cost of Nigeria’s debt and how the proceeds of bond sales are utilised.

Report: Nigeria’s rising debt servicing cost unsettles investors

The cost of servicing government debt in Nigeria is dampening foreign investors’ appetite to inject capital into the country.
Zainab Ahmed

Official: How federal government saved over N600 billion through IPPIS, audit platform

The Minister of Finance, Zainab Ahmed, said the federal government saved over N600 billion by using the Integrated Personnel and Payroll Information System (IPPIS) platform and also embarking on the Presidential Initiative on Continuous Audit (PICA).

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Ahmed Idris, the Accountant-General of the Federation (AGF)

Federal government, states, local councils share N693.529 billion for September

The Federal Government, 36 states and the Federal Capital Territory and 774 local government areas shared N693.529 billion as of September allocation disbursed by the Federation Account Allocation Committee (FAAC).

Bayern Munich forward wants Manchester United move

Bayern Munich forward Thomas Muller wants Manchester United as the German offers himself to the Red Devils.

Governor Akeredolu not hospitalised – commissioner

The absence of the Ondo State Governor, Mr Rotimi Akeredolu, from office in the recent time has been generating reactions from various quarters as some were saying the governor had been in the hospital, treating food poisoning.
Nigeria Police

Police exhume another corpse in Benue rice farm

The Police Command in Benue have exhumed an unknown decomposed body in a rice farm in Ukum Local Government Area of the state.

Sunday Mba: I want to play active football again

Nigeria international midfielder Sunday Mba is keen to find a route back into football following an inactive two years.