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192 results found #Economy

DailyNews

@PostedNG News

STATEHOUSE PRESS RELEASE PRESIDENT TINUBU ENGAGES GLOBAL INVESTORS IN PARIS President Bola Ahmed Tinubu has met with global investors in Paris, France, emphasising transparency and fiscal discipline, and explaining the rationale for the swift implementation of bold reforms. At the meeting, the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, highlighted Nigeria's strong GDP growth in dollar terms in 2025. He said Nigeria recorded 11.2% GDP growth in dollar terms last year, a record that reinforced the country's ambition to achieve a $1 trillion eco... View full post

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8786

1 month ago

DailyNews

@PostedNG News

STATEHOUSE PRESS RELEASE Wale Edun, former Finance Minister, and Musa Dangiwa, Housing Minister, resigned; they were not sacked Former Finance Minister and Coordinating Minister of the Economy, Mr Wale Edun, duly tendered his resignation from office, citing health reasons, before President Bola Ahmed Tinubu announced his replacement on Tuesday. Also, the former Minister of Housing and Urban Development, Ahmed Musa Dangiwa, similarly resigned and thanked the President for the opportunity given him to serve in the Federal Executive Council. Edun, who clocked 70 on Monday and has b... View full post

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11499

2 months ago

DailyNews

@PostedNG News

Taiwo Oyedele Presides Over FAAC, Shares Record ₦2.036 Trillion for March 2026 Second Time in 2026 Disbursements Top ₦2 Trillion Mark. Incoming Coordinating Minister of the Economy, Taiwo Oyedele, chaired his first FAAC meeting in his new ministerial role, overseeing the allocation of ₦2.036 trillion in Federation Account revenue for March 2026. This marks the second time this year that FAAC disbursements to the federal, state, and local governments have exceeded the ₦2 trillion threshold. Key Figures from the Meeting: Total distributable revenue: ₦2.036 trillion Distributable ... View full post

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11335

2 months ago

DailyNews

@PostedNG News

PRESS RELEASE OFFICE OF THE SECRETARY TO THE GOVERNMENT OF THE FEDERATION Tinubu approves minor cabinet reshuffle as Edun, Dangiwa leave FEC .....Oyedele elevated to Finance Minister; Darma ministerial nominee President Bola Ahmed Tinubu has approved a minor cabinet reshuffle in the membership of the Federal Executive Council. According to a memo signed by the Secretary to the Government of the Federation, Senator George Akume, two cabinet members, Mr. Wale Edun and Arc. Ahmed Musa Dangiwa are to leave the cabinet while their replacements have been named. Edun, until the l... View full post

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11261

2 months ago

DailyNews

@PostedNG News

PRESS RELEASE OFFICE OF THE SECRETARY TO THE GOVERNMENT OF THE FEDERATION Tinubu approves minor cabinet reshuffle as Edun, Dangiwa leave FEC .....Oyedele elevated to Finance Minister; Darma ministerial nominee President Bola Ahmed Tinubu has approved a minor cabinet reshuffle in the membership of the Federal Executive Council. According to a memo signed by the Secretary to the Government of the Federation, Senator George Akume, two cabinet members, Mr. Wale Edun and Arc. Ahmed Musa Dangiwa are to leave the cabinet while their replacements have been named. Edun, until the l... View full post

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11308

2 months ago

DailyNews

@PostedNG News

STATEHOUSE PRESS RELEASE Tinubu's foresight: How his policy of naira-for-crude guarantees fuel supply security in Nigeria By Temitope Ajayi President Bola Tinubu demonstrated foresight in July 2024, when he approved the use of the naira as the payment currency for crude oil supplied by the NNPC to the Dangote Refinery. Since the launch of the naira-for-crude initiative on October 1, 2024, Nigeria has experienced a strategic breakthrough amid the ongoing economic turmoil resulting from the Iran-Israel-US conflict in the Middle East. Since its inception, the technical committee on nai... View full post

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3450

2 months ago

NG_Gov

@NG_Gov News

PRESIDENT TINUBU BEGINS HISTORIC STATE VISIT TO THE UNITED KINGDOM TOMORROW President Bola Tinubu begins a historic state visit to the United Kingdom on Tuesday to be accompanied by the First Lady, Senator Oluremi Tinubu. They are expected to depart Abuja on Tuesday, March 17th for the United Kingdom as guests of Their Majesties King Charles III and Queen Camilla. A statement by Bayo Onanuga Special Adviser to the President, Information & Strategy indicates King Charles will host President Tinubu and his wife at Windsor Castle from Wednesday, March 18th to Thursday, March 19th 2026. ... View full post

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851

3 months ago

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