Check your rising debt service –  IMF warns Nigeri

The International Monetary Fund (IMF) has cautioned the Federal Government to be mindful of the country’s rising debt service to revenue ratio and take steps to mitigate the situation. IMF Senior Resident Representative in Nigeria Mr. Amine Mati issued the warning in Abuja at the public presentation of the “Regional Economic outlook: Sub-Saharan Africa, Capital […]

Governors agree to pay N22,500 as minimum wage

The Nigeria Governors’ Forum, NGF, on Tuesday agreed to pay a national minimum wage of N22,500 from the existing N18,000. The chairman of the Forum and Governor of Zamfara State, Abdul’aziz Yari disclosed this while briefing newsmen at the end of its 2nd emergency meeting held in Abuja.  Mr Yari said that the decision was arrived at  after […]

N-Power graduates to receive stipends beyond Dec. 2018

The Federal Government has decided to continue paying the stipends of the N-Power 2016 Batch 1 beneficiaries beyond the expiry month of  December 2018,  the presidency said. The statement issued by Laolu Akande, Senior Special Assistant to the President on Media and Publicity Office of the Vice President, on Monday in Abuja, said funding for […]

MINISTRY OF FINANCE TO ADDRESS ISSUES RAISED BY YOUWIN! CONNECTS PARTICIPANTS

    The Federal Ministry of Finance has promised to address grievances raised by participants in the YouWin! Connect Programme.   This was the outcome of the meeting between officials of the Ministry and representatives of participants of the YouWin! Connect Capacity Building Programme, who came to seek further clarifications in respect of the programme. […]

FAAC: BUHARI ASKED FOR A NEW TEMPLATE TO END DEBACLE… AS FG, STATES, LGAs SHARE N821b

By: Bruno Uche The Minister of Finance, Kemi Adeosun, said that the Nigerian National Petroleum Corporation (NNPC) and the Federation Accounts Allocation Committee (FAAC) are to agree on a revised template for remittance of revenue to the Federation Account. Share on: WhatsApp

Nigeria is Implementing an Ambitious Economic Reform Agenda – Adeosun

 By Bruno U. Okeke Nigeria floats US$3bn dual-tranche bond, announces pricing of US$1.5bn 10-year; US$1.5 billion 30-year notes under its Global Medium Term Note programme. The Federal Government recently announced that it has priced its offering of US$3 billion aggregate principal amount of dual series notes under its US$4.5 billion Global Medium Term Note programme […]