The Nigerian government has confirmed plans to increase the Value Added Tax (VAT) rate, focusing primarily on luxury goods. Finance Minister and Coordinating Minister of the…
Browsing: Wale Edun
Nigeria’s Minister of Finance, Wale Edun, has stated that the country is spending its increased revenue on social investments, including providing cash transfers to its citizens.…
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced that government revenues will be directed towards funding social intervention programs aimed at benefiting…
The Nigerian Government has declared that it will no longer apply value-added tax (VAT) on several energy products, including diesel, liquefied natural gas (LNG), compressed natural…
The Nigerian Government has disbursed N24.78 billion to 991,261 poor households through the National Cash Transfer programme, a key initiative under the National Social Investment Programme…
A total of ₦1.203 trillion in federation accounts revenue for June 2024 has been allocated among the Federal Government, states, and local government councils. The distribution…
Nigeria’s debut foreign-currency domestic bond saw a subscription of $900 million, exceeding the initial offer size of $500 million. Mr. Wale Edun, the Minister of Finance…
Nigeria’s Finance Minister, Wale Edun, has dismissed reports that the Value-Added Tax (VAT) rate has been adjusted to 10% from 7.5%. Edun clarified in a statement…
The Nigerian Government officially issued a $500 million domestic bond, which opened for subscription on August 19, 2024. The bond, one of the Government’s many financing…
The World Bank approved $2.25 billion loan on Thursday for Nigeria to maintain its reform momentum, increase non-oil revenue, and support poor citizens. The Bank announced…