News as it breaks
Nigeria’s Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has dispelled rumours about his health following a public appearance at an official meeting in Abuja on Sunday. Amid unverified reports suggesting the Minister was battling a serious illness, Edun appeared hale, hearty, and in high spirits…
The Federal Ministry of Finance has refuted claims that the Federal Government has suspended the practice of allowing revenue-generating agencies to deduct their cost of collection at source, describing such reports as “inaccurate and misleading.” In a statement issued in Abuja, the ministry clarified that there has been no change…
The Federal Government of Nigeria has disbursed a total of ₦330 billion in cash to poor and vulnerable Nigerians as part of its renewed Social Investment Programme, aimed at cushioning the impact of rising living costs and ongoing economic reforms. The announcement was made by the Minister of Finance and…
The 37th Ordinary Meeting of the ECOWAS Administration and Finance Committee (AFC) has opened in Abuja, Nigeria, with a call for renewed commitment to regional integration and institutional reform. The session, which runs from 15 to 17 June 2025, focuses on the mid-term evaluation of decisions, programmes, and projects across…
Nigerians in the Diaspora have remitted over $90 billion to their home country over the past five years, significantly impacting Nigeria’s economy through cash, intellectual property, and goods. This was disclosed by the Chairman and Chief Executive Officer of the Nigerians in Diaspora Commission (NiDCOM), Abike Dabiri-Erewa, during a Sensitisation…
