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    Business 2025 budget: N13trn deficit to be financed through borrowing — Edun - Tribune News

    https://tribuneonlineng.com/2025-budget-n13trn-deficit-to-be-financed-through-borrowing-edun/amp/
  2. FEC Approves ₦48 Trillion 2025 Budget, ₦13 Trillion Deficit to Be Borrowed

    Nigeria FEC Approves ₦48 Trillion 2025 Budget, ₦13 Trillion Deficit to Be Borrowed

    The Federal Executive Council approved Nigeria’s ₦48 trillion 2025 budget, highlighting a ₦13 trillion deficit to be financed through borrowing. The budget prioritizes infrastructure, education, health, and private-sector investment. The presentation to the National Assembly was rescheduled for...
    • Nigeria News
    • Article
    • 2 min read
    • 2025 budget n13 trillion deficit wale edun
    • Category: Business
  3. K

    Business FG, states, LGs share N1.72trn as federation revenue hits N3.14trn - Businessday

    https://businessday.ng/news/article/fg-states-lgs-share-n1-72trn-as-federation-revenue-hits-n3-14trn/?amp
  4. K

    Business Zenith Bank Expands Global Footprints With Paris Branch Launch - Daily Post

    https://dailypost.ng/2024/11/29/zenith-bank-expands-global-footprints-with-paris-branch-launch/
  5. Wale Edun Reveals Nigeria Has Saved $20bn from Petrol Subsidy Removal and Naira Reforms

    Nigeria Wale Edun Reveals Nigeria Has Saved $20bn from Petrol Subsidy Removal and Naira Reforms

    Nigeria's Finance Minister Wale Edun announced that the country has saved $20 billion by ending fuel subsidies and adopting a market-driven exchange rate. The reforms, aimed at redirecting funds to health, education, and infrastructure, mark a significant shift in economic policy, fostering...
    • Nigeria News
    • Article
    • 2 min read
    • $20 billion savings fuel subsidy naira float policy nigeria economy subsidy removal wale edun
    • Category: Business
  6. Why Tinubu’s Reforms Are Painful: Wale Edun Blames Past Governments

    Nigeria Why Tinubu’s Reforms Are Painful: Wale Edun Blames Past Governments

    Nigeria’s Finance Minister, Wale Edun, attributes current economic hardships under President Tinubu’s reforms to past administrations’ failure to implement necessary policies. Edun highlights gains from subsidy removal and currency reforms, despite rising inflation and public struggles, as a...
    • Nigeria News
    • Article
    • 2 min read
    • president tinubus reforms wale edun
    • Category: Business
  7. Nigeria’s Finance Minister Credits Tinubu for Saving Economy by Ending Fuel Subsidy

    Nigeria Nigeria’s Finance Minister Credits Tinubu for Saving Economy by Ending Fuel Subsidy

    Wale Edun, Nigeria's Finance Minister, praised President Bola Tinubu’s decision to end the fuel subsidy, which saved the country five percent of its GDP annually. He highlighted that the move would benefit all levels of government, boost infrastructure, and attract private sector investments...
    • Nigeria News
    • Article
    • 1 min read
    • fuel subsidy removal nigeria economy tinubu wale edun
    • Category: Politics
  8. Nigerian Government Offers Nine-Month Grace Period for Dollar Deposits

    Nigeria Nigerian Government Offers Nine-Month Grace Period for Dollar Deposits

    The Nigerian Federal Government has issued a nine-month ultimatum for individuals holding US dollars outside the banking system to deposit their cash without penalties. Finance Minister Wale Edun announced that this initiative, effective from October 31, aims to promote financial inclusion and...
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    Business FG Gives Nigerians Nine Months To Deposit Foreign Cash Into Banks Under New Policy - Information Nigeria

    https://www.informationng.com/2024/11/fg-gives-nigerians-nine-months-to-deposit-foreign-cash-into-banks-under-new-policy.html
  10. K

    Business FG, World Bank call for urgent acceleration of women empowerment efforts in Nigeria - The Sun

    https://thesun.ng/fg-world-bank-call-for-urgent-acceleration-of-women-empowerment-efforts-in-nigeria/
  11. Finance Minister: Recent Economic Reforms are Painful Yet Vital for Nigeria’s Growth

    Nigeria Finance Minister: Recent Economic Reforms are Painful Yet Vital for Nigeria’s Growth

    Finance Minister Wale Edun acknowledged the pain of recent economic reforms in Nigeria but emphasized their necessity for growth. Key changes include subsidy removal and foreign exchange market unification, resulting in doubled revenue. Initiatives such as the Nigeria Education Loan Fund aim to...
  12. Wale Edun Unveils VAT Exemptions for Cooking Gas, Diesel, and CNG

    Nigeria Wale Edun Unveils VAT Exemptions for Cooking Gas, Diesel, and CNG

    The Nigerian government has removed VAT on cooking gas, diesel, and CNG to revitalize the oil and gas sector. Finance Minister Wale Edun announced these incentives to lower living costs, enhance energy security, and attract global investments, positioning Nigeria as a leader in the oil and gas...
  13. CBN to Stop Funding FG Debts as Wale Edun Announces Policy Shift

    Nigeria CBN to Stop Funding FG Debts as Wale Edun Announces Policy Shift

    Minister of Finance Wale Edun announced that Nigeria has stopped using the "ways and means" method to finance government debt through the Central Bank. Edun also highlighted efforts to boost agriculture, reduce taxes on businesses, and support manufacturers with fiscal measures aimed at...
    • Nigeria News
    • Article
    • 2 min read
    • cbn debt funding nigeria ways and means wale edun
    • Category: Business
  14. VAT Rate Remains at 7.5%, Finance Minister Assures Nigerians

    Nigeria VAT Rate Remains at 7.5%, Finance Minister Assures Nigerians

    Wale Edun, Nigeria's Minister of Finance, confirmed that the Value-Added Tax (VAT) rate remains at 7.5%, contrary to rumors of an increase to 10%. He emphasized the government's commitment to fostering economic growth and reducing poverty through supportive fiscal policies and tax regulations...
    • Nigeria News
    • Article
    • 2 min read
    • nigerian economy tax policy value-added tax (vat) wale edun
    • Category: Business
  15. K

    Business VAT rate not increased, remains 7.5% — Edun - Tribune News

    https://tribuneonlineng.com/vat-rate-not-increased-remains-7-5-edun/
  16. K

    Business Dollar-denominated bond the option as FG moves to boost Forex liquidity - Vanguard News

    https://www.vanguardngr.com/2024/08/dollar-denominated-bond-the-option-as-fg-moves-to-boost-forex-liquidity/
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    Business Edun meets NNPC, others on crude oil sale to local refineries in Naira - The Nation

    https://thenationonlineng.net/edun-meets-nnpc-others-on-crude-oil-sale-to-local-refineries-in-naira/
  18. Nigerian Finance Minister Reveals $600 Million Spent Monthly on Fuel Imports for Neighboring Countries

    Nigeria Nigerian Finance Minister Reveals $600 Million Spent Monthly on Fuel Imports for Neighboring Countries

    Nigeria’s Finance Minister Wale Edun reveals that the country’s $600 million monthly fuel imports also serve neighboring nations, not just Nigeria. This disclosure, following the subsidy removal on May 29, 2023, has sparked controversy and criticism, intensifying the #EndBadGovernance protests...
    • Nigeria News
    • Article
    • 1 min read
    • fuel importation nigeria fuel imports nigeria fuel subsidy removal wale edun
    • Category: Metro
  19. Nigeria Spends $600M Monthly on Fuel Imports, Says Finance Minister Wale Edun

    Nigeria Nigeria Spends $600M Monthly on Fuel Imports, Says Finance Minister Wale Edun

    Nigeria spends $600 million monthly on fuel imports, Finance Minister Wale Edun reveals. This high cost, attributed to neighboring countries benefiting from Nigeria's fuel, led to the removal of the fuel subsidy. Edun emphasizes the lack of accurate domestic consumption data and the focus on...
    • Nigeria News
    • Article
    • 2 min read
    • fuel expenditure nigeria fuel import cost nigeria fuel subsidy removal wale edun
    • Category: Business
  20. Nigeria’s Cash Transfer Scheme Resumes: 600,000 Households Receive Aid

    Nigeria Nigeria’s Cash Transfer Scheme Resumes: 600,000 Households Receive Aid

    The Federal Government's cash transfer scheme has resumed, benefiting over 600,000 households. Finance Minister Wale Edun announced this during a review briefing, highlighting ongoing economic reforms and efforts to address food prices and inflation. The government aims to enhance transparency...
    • Nigeria News
    • Article
    • 2 min read
    • fg cash transfer scheme nigeria direct cash transfer wale edun
    • Category: Business

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