Wale Edun

NNPCL denies $6b debt as fuel queues resurface

• Queues return to Abuja amid 12 new CNG stations • Marketers decry low supply from NNPCL • Black marketers hike price to N1000/litre • NNPCL denies owing traders Nigeria may face fresh scarcity of Premium

7 hours ago

by Kingsley Jeremiah

FG paid $700m for debt servicing, Edun tells Senate

The Senate on Wednesday urged the Federal Government to intensify efforts in funding the capital components of the three national budgets running concurrently in the country. The Chairman, Senate Committee on Appropriation,

1 day ago

Business

Federal Government rolls out fresh withholding tax regulations

The Federal Government has rolled out fresh deduction tax at source (withholding) regulations to boost its revenue drive, a document obtained by The Guardian has shown. Tagged: ‘Deduction of Tax at Source

2 days ago

Business·Slide

For Tinubu’s economic policies to achieve desired results

The recent decision of the Central Bank of Nigeria (CBN) to increase the Monetary Policy Rate (MPR) by 150 basis points from 24.75 to 26.25 percent is having some negative effects on

2 weeks ago

Editorial

FG, states, LGs share N1.14tr May revenue

The Federation Accounts Allocation Committee (FAAC) has shared N1.14 trillion to the federal, states and local councils in the countr

3 weeks ago

National·News·Nigeria

FG, states, LGs share N1.14tr in May revenue

The Federation Accounts Allocation Committee (FAAC) has shared a total sum of N1.143.210 trillion between the Federal Government, State, and Local Government Councils in the country from May 2024 Federation Accounts Revenue.

4 weeks ago

National·News·Nigeria

SERAP sues FG over failure to publish loans by ex-presidents

Socio-Economic Rights and Accountability Project (SERAP) has sued the Federal Government at the Federal High Court, Lagos, over failure to publish details of the loans obtained by the governments of former Presidents

4 weeks ago

National·News·Nigeria

Customs generates ₦1.09b in 90 days from vehicle regularisation

The Nigeria Customs Service (NCS) has generated N1,085,663,678 in revenue within the three months grace period for regularising import duties for certain vehicle categories improperly imported into the country.

4 weeks ago

National·News·Nigeria

Cautious optimism as FG unveils new fiscal deals to revive economy

In a fresh push to pull Nigeria’s ailing economy out of the woods, the federal government has rolled out new deals under what it calls the Accelerated Stabilisation and Advancement Plan (ASAP).

4 weeks ago

National·News·Nigeria

Strike: Tinubu blinks, gives finance minister 48 hours to table action plan

President Bola Tinubu, yesterday, directed the Minister of Finance, Wale Edun, to come up with cost implications of the new minimum wage

1 month ago

National·News·Nigeria

FG offers ₦1bn credit facilities to businesses at 9% interest rate

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the Federal Government is offering credit facilities to businesses, including manufacturers, up to ₦1 billion at a

1 month ago

Business·National·Nigeria

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Wale Edun

NNPCL denies $6b debt as fuel queues resurface

FG paid $700m for debt servicing, Edun tells Senate

Federal Government rolls out fresh withholding tax regulations

For Tinubu’s economic policies to achieve desired results

FG, states, LGs share N1.14tr May revenue

FG, states, LGs share N1.14tr in May revenue

SERAP sues FG over failure to publish loans by ex-presidents

Customs generates ₦1.09b in 90 days from vehicle regularisation

Cautious optimism as FG unveils new fiscal deals to revive economy

Strike: Tinubu blinks, gives finance minister 48 hours to table action plan

FG offers ₦1bn credit facilities to businesses at 9% interest rate

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