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205 results found
#Economy
Nigeria News Now
@NigeriaNewsNow
News
US Coast Guard Lifts 12-Year Nigerian Port Security Restriction The United States Coast Guard ended a Condition of Entry imposed in June 2014, following four assessments from 2024 to 2026 that verified Nigeria's improved maritime security and compliance with global standards. Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola, called it a major milestone, crediting agency efforts for boosting port competitiveness, faster vessel turnaround, lower costs, and stronger global standing. Analysts expect reduced expenses for shipping lines, more cargo volumes, and job growth as Nig...
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1666
3 days ago
DailyNews
@PostedNG
News
Fellow Nigerians, When we began this journey of reform in 2023, I promised that the difficult decisions we were making would serve the purpose of building an economy that works better for you and a country that is stronger for our children. Today, your government presents The Reforms Scorecard. It sets out what our reforms have achieved, what they have cost us, and the greater costs and harms we have prevented by acting when we did. I have therefore directed the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele
@taiwoyedele
, to...
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1
1715
3 days ago
DailyNews
@PostedNG
News
Oyetola Announces US Lifting of 12-Year Condition of Entry on Nigerian Vessels A major milestone for Nigeria’s maritime sector as the United States Coast Guard (USCG) lifts the Condition of Entry (CoE) imposed on vessels arriving in the US from Nigeria since June 2014. The development follows sustained efforts by the Federal Ministry of Marine and Blue Economy, NIMASA and stakeholders to strengthen maritime security and ensure compliance with the ISPS Code. The lifting of the CoE is expected to improve port competitiveness, enhance vessel turnaround and schedule reliability, reduce a...
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890
4 days ago
DailyNews
@PostedNG
News
When President Bola Ahmed Tinubu
@officialABAT
entrusted us with the mandate to deliver Nigeria's National Digital Alphanumeric Postcode System, the assignment was never simply about creating postcodes. It was about giving every addressable location in Nigeria a place on the nation's digital map. From the outset, the Honourable Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani
@bosuntijani
, was clear on the standard we had to meet. This was not going to be another desktop exercise. The objective wa...
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478
1 month ago
DailyNews
@PostedNG
News
STATEHOUSE PRESS RELEASE OUR ECONOMY IS ON STEADY GROWTH, SAYS PRESIDENT TINUBU TO DELOITTE AFRICA President Bola Ahmed Tinubu, on Wednesday in Abuja, received commendations from Deloitte Africa for the ongoing financial and fiscal reforms in the country and was encouraged to pursue a stronger partnership that supports investments, youth training, and employment. The President, who received a delegation from Deloitte Africa, led by the Chief Executive Officer (CEO), Ruwayda Redfearn, at the State House, said the reforms had steadily stabilised the economy over three years, with gro...
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450
1 month ago
DailyNews
@PostedNG
News
PRESS RELEASE 𝐅𝐞𝐝𝐞𝐫𝐚𝐥 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐈𝐧𝐚𝐮𝐠𝐮𝐫𝐚𝐭𝐞𝐬 𝐌𝐢𝐧𝐢𝐬𝐭𝐞𝐫𝐢𝐚𝐥 𝐀𝐝𝐯𝐢𝐬𝐨𝐫𝐲 𝐂𝐨𝐦𝐦𝐢𝐭𝐭𝐞𝐞 𝐭𝐨 𝐃𝐞𝐞𝐩𝐞𝐧 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐑𝐞𝐟𝐨𝐫𝐦𝐬 𝐚𝐧𝐝 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐞 𝐈𝐧𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 Abuja, Nigeria | Tuesday, 14 July 2026 The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, today inaugurated the Ministerial Advisory Committee (MAC), a high-level body of distinguished professionals drawn from the public and private sectors, academia, finance, industry, and development to provide ...
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519
1 month ago
DailyNews
@PostedNG
News
FG DOES NOT OPERATE SHADOW BUDGET: 𝐑𝐄𝐒𝐏𝐎𝐍𝐒𝐄 𝐓𝐎 𝐑𝐄𝐂𝐄𝐍𝐓 𝐌𝐈𝐒𝐑𝐄𝐏𝐑𝐄𝐒𝐄𝐍𝐓𝐀𝐓𝐈𝐎𝐍𝐒 𝐎𝐍 𝐏𝐔𝐁𝐋𝐈𝐂 𝐄𝐗𝐏𝐄𝐍𝐃𝐈𝐓𝐔𝐑𝐄 The Federal Government has noted recent public commentary alleging that approximately two percent of GDP amounting to over ₦8 trillion was spent outside the approved budget based on references to the IMF Representative in Nigeria and the Fund's 2026 Article IV Consultation Report. These claims are incorrect and risk misleading the public regarding the government's financial management. For the avoidance of doubt, the Federal Government...
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511
1 month ago
DailyNews
@PostedNG
News
PRESS RELEASE FEDERAL MINISTRY OF FINANCE 5 July 2026 𝐑𝐄𝐒𝐏𝐎𝐍𝐒𝐄 𝐓𝐎 𝐑𝐄𝐂𝐄𝐍𝐓 𝐌𝐈𝐒𝐑𝐄𝐏𝐑𝐄𝐒𝐄𝐍𝐓𝐀𝐓𝐈𝐎𝐍𝐒 𝐎𝐍 𝐏𝐔𝐁𝐋𝐈𝐂 𝐄𝐗𝐏𝐄𝐍𝐃𝐈𝐓𝐔𝐑𝐄 The Federal Government has noted recent public commentary alleging that approximately two percent of GDP amounting to over ₦8 trillion was spent outside the approved budget based on references to the IMF Representative in Nigeria and the Fund's 2026 Article IV Consultation Report. These claims are incorrect and risk misleading the public regarding the government's financial management. For the avoidance of doubt...
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518
1 month ago
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