FG Promises Tax Relief For Entertainment Industry

Federal Government has promised investors in the Nigerian film and music industry a tax relief as it continues to intensify efforts to strengthen the country’s creative industry. This was made…

Kemi Adeosun Visits IITA

…Minister of Finance convinced that the ENABLE program should be rolled out in Nigeria Ibadan, Nigeria – The Nigerian Minister of Finance, Honorable Kemi Adeosun, visited the International Institute of…

Adeosun Urges CBN to Extend BVN to Micro Finance Banks

The Minister of Finance, Mrs. Kemi Adeosun, has urged the Central Bank of Nigeria (CBN) to extend Bank Verification Number (BVN) requirement to account holders in Microfinance Banks (MFBs). According…

FG to Jack up VAT on Luxury Items

  By Akin Akinremi The Federal Government will soon increase Value Added Tax (VAT) on some luxury items in the country. Minister of Finance, Mrs Kemi Adeosun, revealed this while…

Whistleblowers Now to Enjoy 5% of Loot They Uncover, Says Finance Minister

The Federal Executive Council (FEC) on Wednesday approved a whistleblowing policy to expose fraud and other related crimes in both the public and the private sectors, promissing whistleblowers five percent…

Central Bank of Nigeria Seeks End to Naira, Black Market Rates Spread

   Nigeria’s central bank will try to eliminate the spread between the official and black market exchange rate against the dollar, the Finance Minister Kemi Adeosun said on Tuesday. The…

FG Appoints Transaction Parties for Execution of Eurobond Programme

The Minister of Finance, Mrs Kemi Adeosun on Wednesday at the Federal Executive Council (FEC) meeting presented a Memorandum seeking approval for the issuance of the USD1.00 Billion Eurobond in…

FG Budgets N7.281trn for 2017, Picks $42.5 per barrel as Oil Benchmark

Major Highlights of 2017 Budget Capital Expenditure =   N2.078 trillion Recurrent Expenditure = N2.9 trillion Exchange Rate =   N305 to US$1 Oil Benchmark =   ‎$42.5 per barrel‎…

Adeosun, Udo-Udoma, DMO Rally Support for $30bn Loan Request

The Ministries of Finance and Budget and National Planning as well as the Debt Management Office have swung into action explaining the details of and rallying round for support for…

FG, States Meet on Economy as Council on Finance, Economic Development Conference Opens in Ogun Tuesday

By Akin Akinremi The National Council on Finance and Economic Development (NACOFED) 2016 conference, which opens in Abeokuta, Ogun State on Tuesday, will examine options available to government to improve…