wale edun

  1. FEC Greenlights $1.5 Billion Zero-Interest World Bank Loan and $80 Million AfDB Funding

    Nigeria FEC Greenlights $1.5 Billion Zero-Interest World Bank Loan and $80 Million AfDB Funding

    The Federal Executive Council (FEC) has granted approval for two significant loans, one from the World Bank and another from the African Development Bank (AfDB). The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced that Nigeria secured a $1.5 billion loan from...
  2. President Tinubu Launches Ambitious Cash Transfer Program Targeting 15 Million Households – Here's What You Need to Know

    Nigeria President Tinubu Launches Ambitious Cash Transfer Program Targeting 15 Million Households – Here's What You Need to Know

    Today, President Bola Tinubu launched the Renewed Hope Conditional Cash Transfer program, aimed at benefiting 15 million households. The launch coincided with World Poverty Eradication Day and was conducted at the Press Gallery of the State House in Abuja. Representing the President, the...
  3. Nigerian Government in Advanced Talks with World Bank for $1.5 Billion Budget Support Loan

    Nigeria Nigerian Government in Advanced Talks with World Bank for $1.5 Billion Budget Support Loan

    The federal government of Nigeria is on the brink of securing a substantial budget support facility amounting to $1.5 billion from the World Bank, announced Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. This significant development was disclosed during the...
  4. Naira Stability Crucial Before Ending Oil Subsidies, Says Nigeria's Finance Minister

    Nigeria Naira Stability Crucial Before Ending Oil Subsidies, Says Nigeria's Finance Minister

    Nigeria's Finance Minister, Wale Edun, has underscored the critical importance of stabilising the naira before contemplating the termination of oil subsidies. In a recent dialogue with The Africa Report, Edun conveyed his mission to reassure global investors about Nigeria's unwavering commitment...
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    Business Naira Appreciates to N736 per Dollar in I&E Exchange Window

    The Nigerian naira showed signs of improvement as it appreciated to N736.62 per US dollar at the Investors and Exporters (I&E) window, which serves as the official exchange rate window in the country. This represents a notable 4.53 percent appreciation from the previous rate of N771.59 on the...
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    Metro Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing - Vanguard Newspaper

    https://www.vanguardngr.com/2023/08/fg-ends-borrowing-finance-minister/amp/
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    Business FAAC: FG, States, LGs share 966.110bn for July - Daily Post

    https://dailypost.ng/2023/08/23/faac-fg-states-lgs-share-966-110bn-for-july/
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