The Chartered Institute of Treasury Management (CITM) has nominated the Accountant-General of the Federation, Ahmed Idris  as its pioneer President. The nomination of the Accountant General of the Federation as the pioneer President of the Institute was announced by its Registrar, Mr. Olumide Adedoyin. TheFact Nigeria reports that Mr. Adedoyin who...
The nation’s Total Public Debt to rise to over N44 trillion as the Federal Government has made provision for a borrowing of N6.39 trillion to finance the budget deficit in the 2022 appropriation Act. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed stated this on Wednesday at...
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has disclosed that over 58 government owned enterprises generated the total sum of N1.1trillion in 2021. Mrs Ahmed made the disclosure Wednesday, January 5, 2022 in Abuja at the public presentation of the 2022 budget details, recently signed into...
The Accountant General of the Federation, Ahmed idris FCNA has tasked the Association of National Accountants of Nigeria (ANAN) to come up with ideas and initiatives that will help consolidate the successes of the financial reforms initiatives. The Accountant General of the Federation who stated this when the leadership of...
The Nigerian Investment Promotion Commission (NIPC) third quarter reports for 2021 shows that 28 new applications and 6 extension applications were received during the period. A statement signed by Mr. Daniel Awurum, NIPC's Head, Press and Protocol said that these were contained in the Report of Pioneer Status Incentive (PSI)...
The Central Bank of Nigeria (CBN) has approved the appointment of Alhaji Ahmad Abdullahi as non-executive Director of First Bank Holding Plc and Chairman of the company to replace Mr. Remi Balalola. The CBN’s Director, Corporate Communications, Osita Nwanisobi disclosed late on Friday, December 17, 2021, that the Bank had...
The Federation Accounts Allocation Committee (FAAC) has shared a total of N675.946 Billion November 2021 Federation Account Revenue to the Federal Government, States and Local Government Councils. This was contained in a communiqué issued at the end of a virtual meeting of the Federation Account Allocation Committee (FAAC) for December...
The Accountant General of the Federation, Ahmed idris has pledged the support of the Treasury to the Nigerian Midstream and Downstream Petroleum Regulatory Authority(NMDPRA) to help it succeed in its operations. Idris said this when he received the management team of the Agency, led on a courtesy visit by the...
A current Data from the Debt Management Office (DMO) shows that the nation's Public Debt has increased to N38.005 trillion or USD92.626 billion at the end of Q3 2021. The DMO Data also shows that the debt recorded an increase of N2.540 trillion when compared to the corresponding figure of...
The 2021 Finance Bill must be tailored towards enabling an efficient tax system that works for every Nigerian. This was the position of the Federal Inland Revenue Service (FIRS) disclosed by its Executive Chairman, Muhammad Nami to journalists after a stakeholder engagement on the Finance Bill 2021, today at the...