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 »VFD Group Promotes Reading Culture with Mama’s Sleeping Scarf to Students of Comenius Nursery and Primary School
Lagos, Nigeria, February 16, 2024 – VFD Group Plc, a leading proprietary investment company committed to fostering growth across diverse industries in Africa, has embarked on an impactful Corporate Social Responsibility (CSR) initiative. In a collaborative effort with Narrative Landscape Press and GLG Communications, VFD Group donated Chimamanda Ngozi Adichie’s inaugural children’s …
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 »Politicians Who Could Not Get Power Through Ballot Working To Plunge Nigeria Into Anarchy – Shettima
Vice president, Kashim Shettima …Says Over 30 Illegal Routes Used For Smuggling Food To Neighbouring Countries Uncovered The federal government has uncovered 32 routes used to smuggle food out of Nigeria. This is just as it accused politicians who lost out during the last general elections of 2023 of working …
Read More »Davido announces N300million donation to Orphanages
Davido Nigerian Afropop singer, David Adeleke, popularly known as Davido, has announced the donation of N300m to orphanages across Nigeria through his Foundation. The Grammy-nominee made the announcement on his social media on Tuesday. Davido said the contribution is his yearly contribution to the nation, adding that details of disbursement …
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 …
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