The Federal Government has signed what it termed “the Aso Accord for Economic and Financial Inclusion” with states and other key stakeholders in the private sector as part of efforts to deliver financial services at an affordable cost to Nigerians

Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, yesterday presided over a signing ceremony in Abuja endorsing the Consolidated Guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector - a cornerstone of the Presidential Directive aimed at enhancing the oil & gas sector's global competitiveness.

The Nigerian government is on the verge of receiving a fresh $2.2 billion single-digit interest loan from the World bank. Minister of Finance and Coordinating Minister for the Economy, Olawale Edun, disclosed this at a press briefing in Washington DC, United States on Saturday. Edun also said at the end of Nigeria’s activities at the…

The Federal Government said it is planning to reduce the cost of tax expenditure and ensure tax incentives aimed at impacting the economy positively. The Ministry of Finance made this known on Monday in a statement by spokesperson, Mohammed Manga. Manga said to achieve this, the Minister of Finance and Coordinating Minister of the Economy,…

The Federal Government has created an Incentive Monitoring and Evaluation Platform (IMEP) aimed at cutting down the cost of tax expenditure and ensuring tax incentives positively impact the economy.

The Nigeria Customs Service (NCS) has announced the suspension of the 25% penalty previously imposed in addition to import duty on improperly imported vehicles. The suspension was disclosed on Friday in a statement signed by the Customs' spokesperson, Abdullahi Maiwada. Maiwada said the suspension of the fine was approved by the Minister and Coordinating Minister…

The Federal Government generated N2.326,148 trillion last month in February and distributed N1,152.756 trillion to federal, states and local government councils from the proceeds. At its February meeting of the Federation Account Allocation Committee (FAAC) chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, in Abuja Thursday, from the stated…

Convener of Concerned Nigerians, Deji Adeyanju, has urged the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, to stop laying too much emphasis on direct cash transfer to vulnerable Nigerians, but to rescue the plummeting economy.

The Nigerian government on Monday said unemployed young people will be paid a monthly stipend to cushion the effect of economic hardship. Nigeria's minister for economy Wale Edun disclosed this on Monday after the weekly federal executive council meeting chaired by President Bola Tinubu in Abuja. Edun said the approval by President Tinubu was to…

The Federal Executive Council (FEC) on Monday, gave its nod for the implementation of aspects of the 2012 Stephen Oromsaye Panel Report. Minister of Information and National Orientation, Mohammed Idris, disclosed this after the council meeting presided over by President Bola Tinubu at the Presidential Villa, Abuja. He said the go-ahead was given in a…

Amid investigation by the Economic and Financial Crimes Commission (EFCC) into alleged N100 billion fraud in the Federal Ministry of Humanitarian Affairs and Poverty Alleviation and another reported N17 billion malfeasance in the National Social Investment Programme Agency (NSIPA), the suspended conditional cash transfer programme is resuming.

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that only five percent of Nigerians can boast of more than N500,000 in their bank accounts. Edun disclosed this in an interview on Channels Television on Friday. "There has been an effort to ensure that the people’s money is not in the…