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...
Latest
1 hour ago
Tanzania has shut down five hydroelectric stations to reduce excess electricity in the national grid, the prime minister Kassim Majaliwa has said. According to Majaliwa, the main plant, Mwalimu Nyerere Hydroelectric Station, has alone generated enough electricity to power major cities. Among the cities that are being powered is Dar es Salaam, the country’s commercial…
1 hour ago
Everton secured their first win in a Merseyside derby at Goodison Park since 2010 to leave Liverpool's Premier League title aspirations in ruins after a 2-0 defeat on Wednesday.
1 hour ago
KPMG has announced the cancellation of job offers to some foreign graduates in the United Kingdom (UK). KPMG took this step following the decision of the UK government to tighten visa rules for overseas workers in a bid to cut record immigration. The Financial Times reports that one of the UK’s biggest graduate employers, the…
2 hours ago
Kano State governor, Abba Kabir Yusuf, is in the United States of America for a high-powered symposium organised by U.S. Institute of Peace (USIP). The three days conference being attended by governors of Kano, Katsina, Zamfara, Kaduna, Niger, Sokoto, Kebbi, Jigawa and Plateau states, is designed to address insecurity in Northern Nigeria and proffer better…
2 hours ago
Sir Chikwe Udensi, a security consultant with the International Criminal Police Organization (INTERPOL), has urged Abia State governor, Dr Alex Otti, not to mix his good works with some falsehood when passing information to the people. Udensi, a chieftain of the All Progressives Grand Alliance (APGA), said that he is disturbed at the way the…
2 hours ago
The Kaduna State House of Assembly Ad-Hoc Committee has set up a committee to investigate the administration of former Governor Nasir El-Rufai. The committee, established during the Assembly's sitting on April 16th, has requested a comprehensive set of documents from the state commissioner of finance. The probe will include details of all loans acquired during…
3 hours ago
Football teams that have registered for the much anticipated Alimosho Football Coaches Council Under-16 League have been warned to desist from all sorts of football unprofessionalism that can bring the league and football into disrepute. According to the leader of Alimosho Football Coaches Council, Mr. Samuel Uchenna Eke: "We want to do better than last…
5 hours ago
Hearing in two separate money laundering suits filed by the Economic and Financial Crimes Commission (EFCC) against British national, James Nolan, could not proceed on Wednesday at a Federal High Court, Abuja.
5 hours ago
Iranian goalkeeper Hossein Hosseini has been banned by the Iranian Football federation for Hugging a female fan after a football game. The goalkeeper was banned and fined of approximately #6.2Million for his actions which is against the country's policy as far as both genders are concerned. The incident unfolded when a female supporter's hijab slipped,…