Finance Minister

Why FG Still Borrowed ₦11.9Trn After Raising ₦20.4Trn – Finance Minister

By Omoyeni Ojeifo Escalating debt obligations, infrastructure demands, and higher worker wages have placed severe strain on the federal government finances. To manage...

Fuel Subsidy Savings Channeled to Minimum Wage, Debt, and Loans, Says Finance Minister Oyedele

Savings realized from Nigeria’s petrol subsidy removal are being channeled into national debt servicing, the new minimum wage, student loan financing, and key...

Nigeria Needs 7% GDP Growth and $14bln Investment to Eradicate Poverty – Edun

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has unveiled an ambitious roadmap to drive the country’s economy...

Taiwo Oyedele Sworn In As Minister to Bolster Nigeria’s Finance Ministry

President Bola Tinubu officially swore in Taiwo Oyedele as the Minister of State for Finance during a brief ceremony at the Presidential Villa...

Ahead of Ministerial confirmation, Tinubu, Oyedele Hold Strategic Meeting in Aso Rock Villa

Ahead of a possible confirmation by the Senate, the Minister of State for Finance-designate, Prof.Taiwo Oyedele has met with President Bola Ahmed Tinubu,...

Caution, Strategy Key to Successful AMCON Wind-Down, Says Finance Minister

Mr. Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, has urged the new board of AMCON to strategically and...

Nigeria remains attractive for investment, Finance Minister Edun assures investors

Nigeria’s Minister of Finance and Coordinating Minister of the Economy Wale Edun has reassured investors that the country remains a safe investment destination....

Nigeria Raises $2.2bln from Eurobond Auction to Support 2024 Budget

Nigeria has successfully raised $2.2 billion in the international capital market through its latest eurobond issuance, the Debt Management Office (DMO) has announced....

Tinubu gives finance minister two-day ultimatum to produce new minimum wage template

President Bola Tinubu has directed the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, to present the budgetary impact...

Only 5% of Nigerians have above N500,000 in their bank accounts – FG

The Finance Minister and Coordinating Minister of the Economy, Mr. Wale Edun, has said wealth distribution in the last administration was unequally distributed,...

We will minimize pains of Nigerians in the short term, says Finance Minister

The Minister of Finance and Coordinating Minister of the Economy, Chief Wale Edun, on Friday led the Nigerian economic team on Friday before...

Nigeria’s DMO stages roadshows, engages global investors in New York, London

Nigeria’s Debt Management Office (DMO) is organizing investors’ meetings, deal roadshows and non-deal roadshows with global investors in New York, United States and...

Edun outlines Tinubu’s vision, road map for Nigerian economy

Mr Olawale Edun, the Minister of Finance and Coordinating Minister of the Economy, has outlined President Bola Tinubu economic vision and road map...

Old Naira notes swap: Pres. Buhari unhappy about Nigerians’ sufferings, passing phase — Minister

...CBN directs banks to commence the payment of the new Naira notes over the counter, subject to a maximum daily payout limi of...

Alleged stolen N89trn Stamp Duty: We are awaiting outcome of probe — Finance Minister

The Federal Government says it is awaiting the outcome of investigations into the allegations by a House of Representatives member that stamp duty...