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Abacha loot for safety net programmes, as foreign reserves hit $47.93B

Oluyinka Akintunde, Special Adviser, Media & Communications to the Minister of Finance. Nigeria’s Minister of Finance, Mrs. Kemi Adeosun and the Governor of Central Bank of...

EIB and AfDB to support private sector investment in Nigeria with Development Bank of Nigeria backing

The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen...

This is the time to invest in Nigeria, Udoma tells Investors in London

By Akpandem James, Special Adviser (Media), Minister of Budget and National Planning. With economic policy initiatives yielding positive results coupled with a stable political climate,...

Adeosun reassigns portfolios in SEC, as Mary Uduk takes over as Acting DG

The Minister of Finance, Mrs. Kemi Adeosun, has named Ms Mary Uduk as the new head of the Securities and Exchange Commission (SEC) in...

Lagos agrees to support world tourism event

The Governor of Lagos State, Mr. Akinwunmi Ambode, has commended the Minister of Information and Culture, Alhaji Lai Mohammed, for his efforts to reposition...

President Buhari approves extension of VAIDS to June 30

By Femi Adesina, Special Adviser to the President, (Media & Publicity). President Muhammadu Buhari has approved the extension of the Voluntary Assets and Income Declaration...

Negative Monday for Nigerian stocks, N150 billion lost

Activities opened on the Nigerian Stock Exchange (NSE) on Monday in the  negative as the market capitalisation lost N150 billion and volume depreciated by...

VAIDS:  FG Reviews States, Private Sector’s Pleas for Extension of Deadline

…Insists Tax Evaders Risk Prosecution, Seizure of Properties The Minister of Finance, Mrs. Kemi Adeosun, on Saturday confirmed that the Federal Government was currently reviewing...

Kaduna Senators lead Senate to reject $350m loan to home; it is vendetta, says govt

The three Senators from Kaduna State on Thursday led the Nigerian Senate to refuse approval of a World Bank loan of $350 million for...

Workers get caught up, as FAAC shares N647 billion

After much hullabaloo, the Federation Accounts Allocation Committee (FAAC) has temporarily resolved to share the available N647.39 billion, thereby applying the brakes to a...

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