Senate President Godswill Akpabio says some of the street protests against the rising cost of living in the country are sponsored. There have been pockets of protests in different parts of the country, with the latest on Monday in Ibadan, capital city of Oyo state. Residents had also taken to the streets …
Read More »Tinubu: We’ll raise $10bn to stabilise naira, boost FX liquidity
President Bola Tinubu says his administration is making efforts to raise at least $10 billion to increase foreign exchange (FX) liquidity, stabilise the naira and grow the economy. Tinubu made this known at the inauguration of the public wealth management conference organised by the Ministry of Finance Incorporated (MOFI) on …
Read More »Tinubu: FG to raise $10bn for increased liquidity, Naira stability
President Bola Ahmed Tinubu has said the Federal Government will raise at least 10 billion dollars to increase foreign exchange liquidity to stabilise the Naira and grow the economy. The President said this at during the inauguration of the Public Wealth Management Conference organised by the Ministry of …
Read More »Why Nigeria is broke, experiencing hardship – Reno Omokri
Buhari and Omokri A former presidential spokesman, Reno Omokri on Tuesday said Nigeria is broke and experiencing hardship because former President, Muhammadu Buhari borrowed more than all previous administrations combined. Omokri, in a tweet said things are hard in Nigeria because fuel subsidy had been ended, and the Naira …
Read More »Ned Nwoko’s Firearms Bill To Empower Civilians For Self-Defence Scales First Reading At Senate
Ned Nwoko and image of firearms A bill seeking to amend the Firearms Act and allow civilians to own and carry firearms for self-defence has scaled first reading at the Nigerian Senate. The bill, sponsored by Senator Ned Nwoko, representing Delta North, comes in response to the rising insecurity in …
Read More »FG To Audit N22.7trn Ways And Means Debt To CBN
CBN Headquarters In Abuja The federal government on Tuesday unveiled plans to audit the N22.7trn Ways and Means debt to the Central Bank of Nigeria. The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, disclosed this at the opening of the Public Wealth Management Conference today in …
Read More »Audit reports: Ogun Assembly invites ex- Commissioner, 2 others
Ogun House of Assembly Ogun House of Assembly Committee on Public Accounts and Anti-Corruption has invited a former Commissioner for Information and Strategy in the state, Waheed Odusile, a former Permanent Secretary, Mr. Abiodun Awere and the Director of Finance and Accounts for clarification of some financial infractions. contained …
Read More »MOFI Launches N100bn Project Preparation Fund To Stimulate Investments In Nigeria
Managing Director/Chief Executive of MOFI, Mr Amstrong Takang The Ministry of Finance Incorporated (MOFI) has launched a N100bn project preparation fund to stimulate investments in Nigeria. The Managing Director/Chief Executive of MOFI, Mr Amstrong Takang said this on Tuesday at the Public Wealth Management Conference in Abuja. The conference which …
Read More »Shock as Lion kills worker in popular Nigerian University
Lion kills Olawuyi at OAU A lion has mauled and killed a Veterinary Technologist, Olabode Olawuyi at one of Nigeria’s foremost institution, Obafemi Awolowo University (OAU). The incident occurred on Monday while Olawuyi was feeding the lion at the Zoological garden of the university. OAU‘s Public Relations Officer, Abiodun …
Read More »WACOT Rice Completes Transformational Argungu Outgrower Expansion Programme
WACOT Rice Limited, a member of the Tropical General Investments (TGI) Group, has successfully concluded the Argungu Outgrower Expansion Programme (AOEP), a collaborative initiative with the USAID-funded West Africa Trade and Investment Hub aimed at enhancing rice production in Nigeria. The outgrower expansion programme, initiated in 2020, was designed …
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