Wale Edun
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Nigerian News
Tinubu replaces Edun, Dangiwa as ministers, names replacements
President Bola Tinubu has approved a minor reshuffle of the Federal Executive Council, FEC, resulting in the exit of the…
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Business
Market recovers as FG clarifies stance on capital gains tax, investors gain over N1trn
The Nigerian stock market extended its rebound on Thursday as investors responded positively to assurances from the Minister of Finance…
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Business
Nigeria’s finance minister assumes G-24 chairmanship, unveils agenda for inclusive economic growth
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has officially assumed the Chairmanship of the…
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Metro
FG disburses ₦330bn cash transfers to 8.5m vulnerable households
The Federal Government has disbursed ₦330 billion in cash transfers to poor and vulnerable Nigerians through the National Social Safety-net…
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Nigerian News
80% of 2024 budget already implemented, no supplementary spending planned – Edun
The Minister of Finance, Wale Edun, on Wednesday disclosed that about 80 per cent of the 2024 budget had been…
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Politics
No plan yet to implement 5% fuel tax — FG
The Federal Government says it has no immediate plans to implement the controversial 5% Petroleum Products Tax outlined in new…
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Business
Nigerian Customs board approves $300 duty-free limit
Nigeria Customs Service Board, NCSB, has approved a 300 dollar duty-free limit for imports, a new policy that takes effect…
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Business
Wale Edun highlights Capital Market’s role in achieving $1 trillion economy
At the Capital Market Committee (CMC) meeting in Lagos on Monday, Nigeria's Minister of Finance and Coordinating Minister of the…
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Nigerian News
Forensic audit of NNPC underway – Wale Edun
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, on Wednesday revealed that the forensic audit…
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Nigerian News
FG to boost non-oil revenue, economic council to meet over Trump’s tariff
The Minister of Finance, Wale Edun, has said that the Federal Government will boost non-revenue as a means of cushioning…
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Business
Akpabio: Less than 30% of Nigerians pay tax, yet all demand infrastructure
The Senate President, Godswill Akpabio, on Monday said not up to 30 percent of Nigerians pay tax to the government…
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Tech
President Tinubu pledges support for Fintech companies
President Tinubu says his administration will support businesses in the financial technology sector which provide payment infrastructure services for Nigerians…
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Business
More borrowing needed despite improved revenue by some agencies, Edun tells senate
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Nigerian government needs more borrowings to…
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Business
Nigeria has saved $20bn from subsidy removal – Edun
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed that the removal of petrol subsidy and…
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Nigerian News
FG lauds Nigerians for endurance amid economic reforms
The Federal Government has praised Nigerians for their patience and endurance amidst the challenges posed by ongoing economic reforms, which…
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Business
Forex crisis: FG gives Nigerians 9 months to deposit dollars in bank
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed a new government policy that would permit…
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Business
Nigeria unveils 9-month dollar repatriation policy
The Federal Government has introduced a nine-month window for Nigerians to deposit dollars held outside the banking system without penalties,…
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Tech
FG to start taxing reality show winners and lottery prizes in 2025
Starting on Saturday, January 1, 2025, winners of lotteries and reality shows, like Big Brother Naija, will need to pay…
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Business
Nigeria exempts 63 items from value-added tax to boost oil and gas industry
In a bid to revitalize the oil and gas sector, the Federal Government has announced the exemption of 63 essential…
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Business
Naira surged by 4.8% after domestic dollar bond sale
The value of the naira recorded its highest gain by 4.8 per cent against the US dollar in nearly two…
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Business
Nigeria raises over $900m in Domestic FGN US Dollar Bond
Nigeria’s efforts to deepen its capital market and diversify funding sources took a significant leap with the successful issuance of…
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Business
VAT rate remains unchanged at 7.5% – Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has refuted reports suggesting an increase in…
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Nigerian News
Tinubu will transmit Whistleblowing Policy to National Assembly soon – Wale Edun
President Bola Tinubu will soon present the whistleblowing policy to the National Assembly for legislative action, the Minister of Finance…
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Nigerian News
FG Spends $600m on Fuel Importation Monthly – Finance Minister, Wale Edun
Nigeria pays $600 million each month on fuel imports, Minister of Finance and Coordinating Minister of the Economy, Wale Edun,…
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Business
FG frees GenCos others from Withholding Tax
The Federal Government has grouped all electricity companies together, including the Generation and Distribution Companies (GenCos and DisCos), and exempted…
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Business
Finance minister never proposed N105,000 minimum wage – Presidency
The Presidency has rubbished claims that the Minister of Finance and Economy, Wale Edun proposed N105,000 as a new minimum…
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Business
FG finally admits to fuel subsidy, says it may drink up to N5.4tn in 2024
The Federal Government has finally admitted to subsidizing fuel, further hinting that it will gobble N5.4 trillion in 2024, despite…
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Business
FG restarts cash payment to citizens to lift inflation burden
Minister of Finance, Wale Edun has said the federal government has restarted the provision of conditional direct N75,000 cash transfers…
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Business
Nigeria qualifies for “free lunch” World Bank loan
The Minister of Finance, Wale Edun, unveiled this during a joint press conference held by the Ministry of Finance and…
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Business
Tinubu’s administration yet to borrow from CBN ,- Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, said yesterday that the Federal Government would…
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Business
Nigeria’s FDI fell by $19bn in 10 years – Edun
Foreign Direct Investments into Nigeria fell by $19bn in 10 years, from $22.7bn in 2014 to $3.7bn in 2023, it…
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Politics
Money printed under Buhari responsible for inflation – Wale Edun
The Minister of Finance and Coordinating Minister of Economy, Wale Edun said N22.7tn printed by the Central Bank of Nigeria…
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