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Category: Finance

FG rolls out Initiative to Boost Wheat Production with Subsidized Agricultural Support
Finance
byNational UpdateDecember 13, 2024

FG rolls out Initiative to Boost Wheat Production with Subsidized Agricultural Support

In a bid to enhance local wheat production and reduce Nigeria’s dependency on imported wheat, the Federal Government has launched…

FG Secures $2.2 Billion Eurobond Amid Surging Investor Demand
Finance
byNational UpdateDecember 2, 2024

FG Secures $2.2 Billion Eurobond Amid Surging Investor Demand

The Federal Government has successfully raised $2.2 billion through a dual-tranche Eurobond issuance, underscoring renewed investor confidence in the country’s…

Nigeria: Africa’s Investment Powerhouse, Poised for Global Partnerships
Finance
byNational UpdateDecember 1, 2024

Nigeria: Africa’s Investment Powerhouse, Poised for Global Partnerships

In a decisive move to showcase Nigeria’s economic potential, the Federal Government has reaffirmed the nation’s position as Africa’s leading…

FG Unveils Bold Plan to Empower MSMEs, Tackle Unemployment with Loan Scheme
Finance
byNational UpdateNovember 30, 2024

FG Unveils Bold Plan to Empower MSMEs, Tackle Unemployment with Loan Scheme

In a renewed push for economic growth and job creation, the Federal Government has pledged unwavering support to Micro, Small,…

October 2024: FAAC disburses N1.411trn from N2.668trn Gross Total to FG, States, LGCs
Finance
byNational UpdateNovember 20, 2024

October 2024: FAAC disburses N1.411trn from N2.668trn Gross Total to FG, States, LGCs

The Federation Account Allocation Committee (FAAC) has distributed a total of N1.411 trillion to the federal, state, and local governments…

Nigeria’s Economic Revival Strengthened as FAAC Meets in Bauchi for NACOFED 2024
Finance
byNational UpdateNovember 18, 2024

Nigeria’s Economic Revival Strengthened as FAAC Meets in Bauchi for NACOFED 2024

In a bid to steer Nigeria’s economic recovery, the Federation Account Allocation Committee (FAAC) gathered in Bauchi for the 2024…

Edun Defends Key Economic Reforms, claims Nigeria witnessing Progress
Finance
byNational UpdateNovember 7, 2024

Edun Defends Key Economic Reforms, claims Nigeria witnessing Progress

Minister of Finance and Coordinating Minister of the Economy, Wale Edu, defended Nigeria’s recent economic reforms, particularly the adoption of…

New Era of Economic Reforms: Dr. Doris Uzoka-Anite assumes duty as Minister of State for Finance
Finance
byNational UpdateNovember 4, 2024

New Era of Economic Reforms: Dr. Doris Uzoka-Anite assumes duty as Minister of State for Finance

The new Minister of State for Finance, Dr. Doris Nkiruka Uzoka-Anite has officially assumed her role following her confirmation by…

FG Unveils Foreign Currency Disclosure, Investment Scheme
Finance
byNational UpdateOctober 31, 2024

FG Unveils Foreign Currency Disclosure, Investment Scheme

The Federal Government of Nigeria has launched the Foreign Currency Voluntary Disclosure, Depositing, Repatriation, and Investment Scheme, known as the…

Nigeria’s Naira Crude Sale Initiative Spurs Industrial Growth,  Economic Transformation
Finance
byNational UpdateOctober 29, 2024

Nigeria’s Naira Crude Sale Initiative Spurs Industrial Growth, Economic Transformation

In a landmark development for Nigeria’s economy, the Federal Gover1nment ’s initiative to sell crude oil to local refiners in…

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