Zainab Ahmed
6 Dec
Despite raking about N15.8 trillion from the Federation Account Allocation Committee (FAAC) in less than four years, the majority of sub-national governments are reeling in huge debts just as some are showing signs of distress.
28 May 2023
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said the ministry under her watch implemented notable reforms to support economic recovery and resilience in the country.
11 May 2023
For the insurance business in the African market to address low acceptance, there is a need for underwriting companies to adopt digital tools in marketing and swift claim processing.
10 May 2023
Federal Government and tax experts, in Abuja, yesterday, insisted there is a need to tax more Nigerians, as federal and state governments struggle to finance budgetary provisions.
8 May 2023
That the recently-introduced new Fiscal Policy Measures and Tariff Amendments (FPM 2023) missed the traditional fawning review of the national economic managers may have sent a strong message, perhaps, about the fast-dwindling popularity of such trite or that there are just too many of such hurriedly-prepared policies taking the attention of the inner circle.
3 May 2023
President Muhammadu Buhari has approved partial exclusion of the Ministry of Finance Incorporated (MOFI) from the Treasury Single Account (TSA). The President also granted request of the board of MOFI to charge management and transaction fees...
1 May 2023
Dr Samuel Nzekwe, a financial expert, has advised the incoming administration to licence more smaller modular refineries to end fuel crisis in the country.
30 Apr 2023
The Federal Government has announced a review of the Import Adjustment Tax (IAT) as part of the implementation of Economic Community of West African States (ECOWAS) Common External Tariff (CET) 2022-2026, thereby raising tariffs on importation of rice, wheat, alcohol among 189 items.
29 Apr 2023
With exactly one month to the end of its tenure, the President Muhammadu Buhari-led Federal Government appears confused over whether to end or continue the provision of subsidy for Premium Motor Spirit (PMS) otherwise known as petrol, as the administration is currently speaking from both sides of the mouth.
28 Apr 2023
The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Ide John Udeagbaala, has regretted the degenerating ease of doing business in the country, which he said has put a serious strain on production. Speaking yesterday at a media briefing on the state of the nation, Udeagbaala said this,…
28 Apr 2023
Despite spending over N10 trillion in less than two years and opting for a loan of $800 million as palliative, the Federal Government, in a volte-face, made a joke of its initial plan to remove petrol subsidy when it yesterday...
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Liverpool were knocked out of the Europa League by Atalanta with the Italian side reaching the semi-finals 3-1 on aggregate on Thursday.
1 hour ago
The New Nigeria People's Party (NNPP), on Thursday, declared its readiness for reconciliation with former members who have expressed a desire to rejoin the party. NNPP also debunked the claims made by some expelled individuals who announced the suspension of Governor Abba Kabir Yusuf of Kano State for attending the NNPP national convention. The Acting…
2 hours ago
In response to disruptions sparked by recent haulage rate announcements for Eastern Ports, the Nigerian Shippers' Council (NSC) has agreed to schedule a stakeholder meeting to renegotiate the rates. This, according to NSC will serve as a platform where robust consultation and decisive action would be taken to ease the stress of port users. Emerging…
2 hours ago
Nigeria's Tunde Onakoya has completed one full day in his attempt to break the Guinness World Record for longest Chess marathon in Times Square, United States. Onakoya is attempting to break the longest chess marathon which currently stands at 56 hours,nine minute and 37 seconds. The record was achieved by Hallvard Haug Flatebø and Sjur…
2 hours ago
The Oyo State Government says it demolished the building belonging to the Yoruba Nation agitators in its capital, Ibadan, over alleged illegal and nefarious activities in the house.
3 hours ago
Cryptocurrency exchange company, Binance said it is working very closely with the Nigerian government over its detained executive. The CEO of Binance, Richard Teng, disclosed this on Thursday with the company's head of financial crime compliance still in detention in Nigeria. The Nigerian government's Economic and Financial Crimes Commission (EFCC) is prosecuting Binance for laundering…
3 hours ago
Landmark Group said the Lagos State government is yet to consult it on the Lagos-Calabar coastal road construction and beach sand filling. Landmark made this disclosure in a statement on Thursday and said the issue of the Lagos-Calabar coastal road passing through Landmark Beach remains a topic of wide-reaching discourse. The Group said it wants…
4 hours ago
The General Officer Commanding (GOC), 82 Division, Nigerian Army, Maj-Gen. Hassan Dada, has expressed concern about the high number of weapons in unauthorized hands in Nigeria.
4 hours ago
The National Chairman of All Progressives Congress (APC) Dr. Abdullahi Umar Ganduje has secured an exparte injunction restraining further action on his purported suspension as member of the party. In an exparte motion granted by Federal high Court in Kano, Wednesday, Justice A. U Liman ordered the purported suspension of Ganduje as member of the…
5 hours ago
The Economic and Financial Crimes Commission (EFCC) on Thursday declared former Kogi State governor Yahaya Bello wanted. The EFCC is prosecuting Bello over an allege money laundering of N80.2billion. The former governor was absent in court earlier today when the EFCC arraigned him. Bello’s arraignment is coming on the heels of a warrant of arrest…