Tag: Finance Minister

Diaspora remittances: Federal Goverment to issue $500m security in August

Nigeria’s Finance Minister Wale Edun announced a plan to sell $500 million of securities to diaspora Nigerians, aiming to attract foreign currency. Edun emphasized the significance of this move at…

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Tinubu’s Govt Seeks $1.5bn Loan To Shore Up Naira, Boost Budget

Nigeria is seeking $1.5bn aid from the World Bank to tackle the severe dollar shortage contributing to the decline of the naira. “We’re hoping to get $1bn or $1.5bn from…

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Senate panel grills Finance Minister over alleged budget padding

The Senate Committee on Appropriations on Monday queried the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, over allegations of padding the 2023 budget proposals of some Ministries,…

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