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Tag: Finance
Interview: How BudgIT is bringing down the walls
In four years, BudgIT has revolutionized the Nigerian public data and budgeting system with easily accessible creatives such as infographics, Apps, interactive website, social media. BudgIT has stimulated public interest…
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The Media Blog: Financial TV? Arese Ugwu is all over that
Arese Ugwu is a money blogger (sounds suspiciously like 'money doubler') and building a personal financial platform (Smart Money Africa) targeted at young people – especially young women. And this…
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THE YNAIJA TRACKLIST: Jonathan created Avengers | Hunger and poverty killing Nigerians | Obama founded ISIS- Trump | More
From the papers this morning- a tracklist RNDA holds Jonathan responsible for the formation of Niger Delta Avengers- YNaija Sheriff jettisons PDP reconciliation moves 6 days to National convention- Nation…
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According to Adeosun, this is why Nigeria should change its tax laws
The Minister of Finance, Kemi Adeosun, on Wednesday, said that Nigeria's tax policy needs to be overhauled because of the low tax to Gross Domestic Product (GDP). Adeosun, who stated…
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Opinion: There is no concrete action plan for Nigeria’s economy
The Minister of Finance, Mrs. Kemi Adeosun has finally confessed that the Nigerian economy is in recession even though I had argued that the economy was already in recession in…
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THE YNAIJA TRACKLIST: FG admits Nigeria is in a recession | Jibrin blows open legislative secrets | US presidential election build up gets more interesting | More
FG admits Nigeria is technically in a recession but remains confident of growth YNaija EFCC gives breakdown of how recovered loot has been spent so far YNaija Sacked Jibrin says…
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The Big 5: These are the stories you should be monitoring today
Here are the top five stories to monitor today 1. Melaye, Tinubu reconcile The President Of the Senate, Bukola Saraki brokered peace between Senators, Oluremi Tinubu and Dino Melaye. 2. Crime…
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Nigeria owes ECOWAS $694,000 in levies, dues
Nigeria is owing the Economic Community of West African States (ECOWAS) a year's worth of levies amounting to $694, 000, the regional organization says. According to PRNigeria, ECOWAS is facing financial…
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Babajide Ajidagba: Much ado about Brexit (Y! Naira&Kobo)
By Babajide Ajidagba I must say that I have found the hysteria around Britain’s decision to leave the EU very amusing. Some of the comments made by persons thousands of miles…
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AskCharlesOnY!: What to know about starting a business in a bad economy
By Charles Odii Week 2 of #AskCharlesOnY! Dear Charles, Question: I’m currently employed in the Financial Services Sector and I’m sure you must have heard of the recent mass sacking in…
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Kalu AJa: What you should know about the ‘Financial Life Cycle’ (Y! Naira&Kobo)
By Kalu Aja So we have looked at planning networking and budgeting, let’s look at the Financial Life Cycle. If you had N100k, and you wish to invest it, where…
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‘States won’t get N90bn loan if Federal Allocation exceeds N500bn’
The Federal Government will cease disbursing the N90 billion conditional loan to state governments any month the allocation from the federation account goes above N500 billion. According to the Special Adviser…
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’41 deportees, N22bn worth of drugs…’ | The 7 numbers that mattered last week
Every week, different figures make news headlines. While some numbers are bereft of impact in the general scheme of things, a few others tend to be significant, and as such…
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Opinion: Over-employed civil servants and the siege at the Ministry of Finance
By Tonnie Iredia Last week, the Federal Ministry of Finance was effectively blocked for at least 3days from performing any of its duties. The act was carried out by the…
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‘We won’t force people to surrender land for cattle grazing’ – FG
The Federal Government has said that there are no plans to seize anybody's land for the implementation of the ranch development in Nigeria. The Minister of Agriculture and Rural Development,…
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FG approves new Debt Management Strategy [DETAILS]
The federal government, on Wednesday, announced that it has approved a new Debt Management Strategy for the country. This was disclosed by the Minister of Information and Culture, Alhaji Lai…
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The 23 conditions states must meet before receiving N90bn loan
The Federal Government has indicated its readiness to release N90 billion loan facility to state governments to reduce their dependency on monthly allocations from the Federation Account. Finance Minister, Kemi Adeosun, while…
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FG to support state governments financially… but the conditions are strict
The federal government, on Tuesday, set out stringent fiscal conditions for states before they can access a conditional Budget Support Facility which is aimed at providing financial support to any…
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Calixthus Okoruwa: Interrogating the gaps in Fashola’s power roadmap
by Calixthus Okoruwa The minister with responsibility for Nigeria’s pivotal power sector, Mr. Babatunde Fashola has recently released what he calls “a roadmap for change” in the sector. It is…
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Uzoma Erondu: Understanding the business of power Vs. the power of business (Naira&Kobo)
by Uzoma Erondu With the dire need for a long lasting solution in the power sector in Nigeria, most Nigerians struggle to understand why it takes so long to build a…
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Oluwatosin Olaseinde: On nation building during a recession (Naira&Kobo)
by Oluwatosin Olaseinde What do you see? Nigeria is at a brink of officially slipping into a recession. For that to occur, there has to be a significant decline in…
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Lai Mohammed, Adeosun passionately defend Buhari’s government (VIDEO)
The minister of Information and Culture, Lai Mohammed, and his counterpart from the Ministry of Finance, Kemi Adeosun, on Sunday, insisted that the federal government will fulfill all the promises…
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The Late 5: These are the stories that drove the conversation today
Here are the five stories that drove the conversation today. 1) President Buhari's biggest shock Speaking with newspaper executives and editors in Abuja, President Muhammadu Buhari stated that he was…
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Why Minister of Finance can’t guarantee full budget implementation
The Minister of Finance, Kemi Adeosun, has said that there is no guarantee that the Federal Government would implement the 2016 budget in full. The minister, yesterday, was summoned alongside…
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Oh, Fayose: ‘Even my government house doesn’t have fuel for generator’
Ekiti State Governor, Ayodele Fayose will not leave the news, he has apparently sworn. Today, he pleaded with the people of the state to show understanding for his inability to…
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“Have you forgotten us?” | Graduate interns say Kemi Adeosun is owing them for 5 months
As civil servants are owed multiple months arrears worth of salaries, an intern of the Ministry of Finance Graduate Internship Scheme (GIS) has revealed that the graduates under the scheme…
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The money the FG and states just shared is much smaller than last month’s
The Federal Government, State Governments and Local Government Councils will share N207.878 billion as Federal allocation for the month of April, 2016 with the Federal Government taking 52.68%, states 26.72%…
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Senate wants Adeosun and Emefiele to explain why the economy is in a mess
The Senate has requested the presence of the Minister of Finance, Kemi Adeosun and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele before it to explain the…
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They have found 43,000 ghosts in Nigeria’s security agencies
According to the Head of the Continuous Audit team of the Federal Government, Mohammed Dikwa, about 43,000 ghost workers have been discovered in the payroll of security agencies in the…
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