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Ministry of Finance
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.
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.
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.
The House of Representatives said it discovered that over $900m was still “being held” by Federal Government’s ministries, departments and agencies (MDAs) outside Treasury Single Account (TSA).
Mr Alfred Okoh, Technical Adviser to the Director General, Ministry of Budget and National Planning, says there are plans to launch a budget implementation monitoring portal.
The Electricity Generation Companies (GenCos) at the weekend said the country loses $29.3billion yearly to low supply resulting from load shedding and inadequate facilities.
Governor Rochas Okorocha of Imo has set up governing councils for the three newly established tertiary institutions in the state.
The panel set up to investigate Mounir Gwarzo, suspended Director General of the Securities and Exchange Commission (SEC), has recommended his dismissal.
President Muhammadu Buhari has welcomed the acceptance of the United Nations Secretary-General, Antonio Guterres, to co-chair a Special Session to raise $50 billion to fund the inter-basin water transfer from Central Africa to revive the Lake Chad, the presidency said in a statement, Tuesday.
Financial experts at the ongoing Future Banking Tech West Africa Conference have called for an enabling environment and policies for fintech to thrive.
The federal government has said about 500,000 people without electricity in Nigeria would be able to have access to power in no distant time as it plans to spend about $200 million on providing electricity for about 105,000 households.
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.
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.
Ahead of the May 29 inauguration President Muhammadu Buhari’s second term, the Accountant-General of the Federation, Idris Ahmed; the Comptroller-General of the Nigeria Customs Service, Hameed Ali; the Executive Chairman Federal Inland Revenue Service (FIRS), Tunde Fowler, and 11 other heads of agencies under the Ministry of Finance have been ordered to submit their hand over notes on or before April 23.
Nasir El-Rufai, governor of Kaduna State, has directed all political appointees in the state to submit their letters of resignation by April 30, 2019.
The Federal Government in 2018 spent a total of N79.2 billion on the payment of monthly pensions to pensioners.
The Senior Special Assistant to the President on Job Creation and Youth Empowerment, Mr. Afolabi Imoukhuede, has assured beneficiaries of the N-Power scheme that they would get their March stipend this week.
Vice President Yemi Osinbajo on Monday said the Federal Government has made the National Health Insurance Scheme central to its plans for the healthcare system in the country.
Most Rev. Emmanuel Chukwuma, Archbishop of Enugu Ecclesiastical Province, Anglican Communion, has appealed to Gov. Ifeanyi Ugwuanyi of Enugu State to leave legacies that posterity would remember him for.
The National Drug Law Enforcement Agency (NDLEA), has expressed worry over prevalent cases of drug abuse among youths in the country.
The Central Bank of Nigeria (CBN) and the Bank of Industry (BoI), have disclosed plans to partner with the Edo State Government to ease access to finance to creators at the Edo Creative Hub.
The police in Lagos said a 42-year-old man, Enifeh Omomo, allegedly committed suicide after killing his wife and their six-year-old son at their Ikorodu residence.
The Federal Government’s withdrawal of the Nigerian Navy and other military formations from controlling traffic at the Apapa Port has been lauded as a welcome development by some truck owners.
A former governor of Abia State, Dr Orji Uzor Kalu, has explained that he visited President Nocolas Maduro of Venezuela as part of his objectives to promote world peace.
Nigerian Football Federation President Amaju Pinnick believes that the passing of the establishment bill of the NFF by the Senate is a landmark achievement.
Activities were totally paralysed in all public primary schools across Oyo State on Monday, as teachers commenced an indefinite strike to protest against delay in payment of their salaries and other complaints
Chairman of Anambra State chapter of the Peoples Democratic Party (PDP), Chief Ndubuisi Nwobu, has lauded the Supreme Court for the decision it took on the All Progressives Congress (APC) in Zamfara State.
A Swedish prosecutor on Monday requested that WikliLeaks founder Julian Assange be detained in absentia on suspicion of rape.