wale edun
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Nigeria Nigeria's Currency Crisis: Minister Edun Sounds Alarm Over Naira's Decline
Minister of Finance, Wale Edun, expressed profound concern over the populace's diminishing trust in the nation's currency, the Naira. Edun's remarks, delivered at a recent event in Lagos, underscored a troubling trend where Nigerians are increasingly opting to save in more stable foreign... -
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Business Customs suspends 25% penalty on smuggled vehicles users - Daily Post
https://dailypost.ng/2024/03/23/customs-suspends-25-penalty-on-smuggled-vehicles-users/- Kayode Israel
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Nigeria OPEC and Nigerian Government at Odds Over Country's Crude Oil Production
The Federal Government of Nigeria and the Organization of the Petroleum Exporting Countries (OPEC) find themselves in disagreement regarding Nigeria's crude oil production levels. While Wale Edun, Nigeria's Minister of Finance, asserts that the country's daily oil output has surged to 1.65... -
Nigeria Nigeria's Finance Minister Attributes Hyperinflation and Hardship to Buhari's 'Aimless' Fiscal Policies
Wale Edun has thrown a spotlight on the Buhari administration, alleging that their "aimless" printing of trillions of naira from 2015 to 2023 directly led to Nigeria's current hyperinflation crisis. Edun, the former finance and coordinating minister of the economy, shared his concerns with the... -
Nigeria Nigerian Business Titans Unite in Emotional Tribute to Late Access Bank CEO, Herbert Wigwe
In a profoundly moving "Night of Tributes" dedicated to honoring the life and accomplishments of the late Chief Executive Officer of Access Corporation Plc, Herbert Wigwe, a distinguished assembly of corporate magnates, political figures, and business leaders converged to celebrate the enduring... -
Nigeria Betta Edu Scandal: Panel Led by Wale Edun Recommends Major Changes to Social Investment Programs
The presidential panel on social investment programs, led by Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has proposed the removal of intervention initiatives from the jurisdiction of the Ministry of Humanitarian Affairs. According to reliable sources, the panel... -
Nigeria Nigeria's Poverty Trap: Only About 5% Of Nigerians Have Over N500,000 In Their Bank Accounts — Wale Edun
Finance Minister and Coordinating Minister of the Economy, Wale Edun, disclosed in a recent interview with Channels TV that approximately only 5% of Nigerians have more than N500,000 in their bank accounts. Edun emphasized that the ongoing federal government reforms aim to address economic... -
Nigeria Nigerians Call for Long-Term Solutions Amid Hardship as FG Plans Monthly N25K Aid for 15m Households
In response to rising living costs and economic challenges, the Federal Government is launching a new plan to give N25,000 every month to 15 million households across the country. This initiative comes after recent policy changes led to increased petrol prices and a tough economic situation for... -
Nigeria Nigerians Divided Over FG's Announcement of Cash Transfer to 12 million People
In response to the escalating cost of living and the hardships faced by millions, the federal government is gearing up to restart direct cash transfers, targeting the poorest and most vulnerable Nigerians. The revelation came from the Minister of Finance and Coordinating Minister for the... -
Nigeria Again, Federal Government Points Finger at Buhari for Nigeria's Current Woes
At the Public Wealth Management Conference in Abuja, Finance Minister Wale Edun shed light on the economic challenges inherited by President Bola Tinubu's administration, particularly a surge in food and general commodity prices from the previous government. Despite this, Edun emphasized the... -
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... -
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... -
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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- Kayode Israel
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![[VIDEO] Twitter Outcry as Video Surfaces of VP Shettima and Ministers Dancing 'Buga' at Davos 2024 Amid National Crisis](/data/attachments/200/200239-31ea6ae3ed53d7e3931e49fb917f50d3.jpg)
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... -
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... -
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... -
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... -
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... -
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'... -
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...
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