wale edun

  1. Buhari Faces Scrutiny as Federal Government Initiates Audit of the N22.7 Trillion Ways and Means Loan Approved During His Tenure

    Nigeria Buhari Faces Scrutiny as Federal Government Initiates Audit of the N22.7 Trillion Ways and Means Loan Approved During His Tenure

    Abuja, Nigeria - The Federal Government has announced plans to audit the N22.7 trillion Ways and Means loan approved during former President Muhammadu Buhari's administration. This move, disclosed by Finance Minister Wale Edun at the Public Wealth Management Conference in Abuja, aims to enhance...
  2. Nigerians Slam CBN Governor for Blaming Students Abroad for Naira's Exchange Rate Woes

    Nigeria Nigerians Slam CBN Governor for Blaming Students Abroad for Naira's Exchange Rate Woes

    The Central Bank of Nigeria's Governor, Dr. Olayemi Cardoso, addresses the House of Representatives, linking the depreciation of the naira against the dollar to the increasing number of Nigerians pursuing education and medical treatments overseas. The governor outlines plans to tackle the high...
  3. K

    Business FG considers converting foreign currencies in domiciliary accounts to naira - Linda Ikeji's Blog

    https://www.lindaikejisblog.com/2024/2/fg-considers-converting-foreign-currencies-in-domiciliary-accounts-to-naira.html
  4. [VIDEO] Twitter Outcry as Video Surfaces of VP Shettima and Ministers Dancing 'Buga' at Davos 2024 Amid National Crisis

    Nigeria [VIDEO] Twitter Outcry as Video Surfaces of VP Shettima and Ministers Dancing 'Buga' at Davos 2024 Amid National Crisis

    Nigeria's Vice President Shettima took center stage at Davos 2024, joined by an ensemble of government ministers, including Wale Edun (Minister of Finance), Dr Bosun Tijani (Minister of ICT/Digital Economy), Hannatu Musawa (Minister of Art, Culture, and Creative Economy), and Heineken Lokpobiri...
  5. Federal Mandate: Ministries Instructed to Remit 100% Internally Generated Revenue to New Treasury Account for Fiscal Transparency

    Nigeria Federal Mandate: Ministries Instructed to Remit 100% Internally Generated Revenue to New Treasury Account for Fiscal Transparency

    In a bid to bolster revenue generation and instill financial discipline, the Federal Ministry of Finance has directed all Ministries, Departments, and Agencies (MDAs) to remit their entire internally generated revenue (IGR) to the newly established Treasury Single Account (TSA). The circular...
  6. Finance Minister Calls for Unified Revenue System for Better Collection Efficiency

    Nigeria Finance Minister Calls for Unified Revenue System for Better Collection Efficiency

    In a pivotal appearance before the House of Representatives Committee on Finance, Finance Minister Wale Edun recommended the implementation of a centralized revenue collection system. Edun asserted that the Federal Inland Revenue Service (FIRS) should spearhead revenue collection not only for...
  7. Naira Defies Odds, Surges to N1113/$ in P2P Market

    Nigeria Naira Defies Odds, Surges to N1113/$ in P2P Market

    In a dramatic turn of events, the Nigerian Naira experienced a lightning-fast appreciation against the United States Dollar within a matter of hours in the Peer-to-Peer (P2P) market. Traders and economists were left astounded as the Naira's value soared, marking an incredible gain of N166...
  8. Nigeria Anticipates $10 Billion Forex Inflows, Finance Minister Reveals at Economic Summit

    Nigeria Nigeria Anticipates $10 Billion Forex Inflows, Finance Minister Reveals at Economic Summit

    In an announcement that holds significant promise for Nigeria's economic landscape, the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has revealed that the country is poised to receive a substantial forex inflow of $10 billion in the near future. He made this...
  9. Federal Executive Council Approves $3.45 Billion Loan for Key Development Projects in Nigeria

    Nigeria Federal Executive Council Approves $3.45 Billion Loan for Key Development Projects in Nigeria

    The Federal Executive Council has given its nod to a $3.45 billion loan application to finance five key projects aimed at bolstering various sectors in Nigeria. These projects include initiatives in the power sector, renewable energy, states’ resource mobilization programs, an adolescent girls'...
  10. 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...
  11. 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...
  12. 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...
  13. 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...
  14. Nigeria News

    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...
  15. Nigeria News

    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/
  16. K

    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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