Tag Archives: Zainab Ahmed

The Federal Republic of Nigeria and the International Trade Financing Corporation (itfc) have signed a one billion dollars framework agreement for the next couple of years. Jaiz Bank has also signed a $10 million agreement for the Murabaha financing facility. The signing ceremony took place on Saturday at the four …

The Federal Government has bemoaned the low level of insurance penetration in Africa and the poor contribution of the sector to the economy of most African economies. Minister of Finance, Budget & National Planning, Dr. Mrs. Zainab Shamsuna Ahmed, expressed this position at the 2023 West African Insurance Companies Association, …

The Federal Government has disbursed another round of performance-based grants to states in the sum of N123.348bn ($324.6m) under its States Fiscal Transparency Accountability and Sustainability Programme for Results. Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this in a statement issued in Abuja on Wednesday by the …

The Minister of Finance, Budget and National Planning, Mrs Zainab Shamsuna Ahmed, has advised Nigerian banks and other financial institutions to explore Africa’s market expansion enabled by the AfCFTA to capture trade flows and investment through superior customer value proposition. Stressing the potentials of Nigeria’s market, Ahmed said: “With more …

A total of N601.1 billion was shared on Wednesday to the federal, state, local governments and statutory agencies, being the Federation Accounts Allocation for the month of November, 2020. This was announced on after the FAAC meeting for the month of December 2020 held at the Federal Ministry of Finance …

President Muhammadu Buhari will soon receive a report of a presidential committee constituted to advise him on the reopening of the nation’s land borders, Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, said. Given the current state of the economy with rising inflation and recession, the Government may …

The federal government is in the process of accessing a World Bank loan of $750 million on behalf of the states. The new loan is meant to stimulate the local economy and support the vulnerable households’ consumption. This, it said, is part of the windows of opportunity to mitigate the effect of …

Agency Report The Minister of Finance, Budget and National Planning, Zainab Ahmed, has urged parents to instill family values in their children as a way to save the country from degeneration. The minister made the call on Saturday in Kaduna during a stakeholders’ engagement with 77 district heads, religious and …

The Honourable Minister of Finance, Budget and National Planning, Zainab Ahmed on Thursday told the National Economic Council that the Excess Crude Account balance stood at US$72,409,346.76 as at 14th October, 2020. At a meeting presided over by Vice President Yemi Osinbajo, and attended by State Governors,the Minister added that …

Nigeria’s Federal Executive Council (FEC), has approved the sum of $3.1 billion for the end to end automation of the Nigeria Customs Service (NCS). Zainab Ahmed, Minister of Finance disclosed this to State House Correspondent shortly after the weekly FEC meeting in Abuja on Wednesday. She stated that the concessionary …