Coronavirus pandemic and falling oil prices are set to force Nigeria’s economy into negative growth. Zainab…
Zainab Ahmed
FEC adjusts 2020 budget to N10.52tn
The Federal Government on Wednesday adjusted the 2020 budget downward from the original N10.59tn to N10.52tn.…
FG to adjust 2020 budget oil benchmark to $20 per barrel
The Federal Government of Nigeria is planning to review the 2020 budget to reflect an oil…
Twenty-Four States get N43.4bn from FG
The Federal Government has disbursed N43,416 billion as performance-based grants to 24 states. The states were…
Nigeria, others to get $510bn from World Bank
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, recently disclosed that the World…
FG fears recession should COVID-19 pandemic persist for six months
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has warned that the Nigerian…
FG pledges tax incentives for capital market
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that the…
FG to pay N272.9bn maturing bonds
The Federal Government allocated 2.6 per cent of its total expenditure totalling N272.9bn to settle pending…
FG targets N8.15tn from tax reforms
The tax reforms contained in the Finance Act 2020 will enable the federal government to hit…
FG to effect new finance law in January 2020
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said the Finance Bill…
FG releases N650bn for road construction, repairs
The Federal Government said on Wednesday that road construction and repairs under the Ministry of Works…
FG to tax dividends on oil proceeds
There is a move by the Federal Government to tax dividends paid from the profit of…
FG plans tax incentives for Capital market investors
The Federal Government on Thursday said it would introduce tax incentives on investments in capital market…
Domestic bond subscribers get N190bn in four months
Investors that subscribed to domestic bonds issued by the Federal Government earned about N190bn as interest…
Nigeria gets $3bn loan from World Bank to boost power sector
The Federal Government on Sunday said it had opened discussions with the United Kingdom on the…
FG spent N3.3tn in six months -Ahmed
The Federal Government has spent the sum of N3.39tn within the first six months of this…
FG increases VAT rate to 7.2%
The Federal Executive Council on Wednesday approved 7.2 per cent as new Value Added Tax rate…
FG presents 2020-2022 MTEF, claims inflation has declined
The Minister of Finance, Budget and National Planning; Zainab Ahmed, on Tuesday presented the 2020-2022 Medium-Term…