President Muhammadu Buhari has charged the Ministry of Finance Incorporated (MOFI) to grow its assets under management from the current value of N18 trillion to at least N100 trillion in the next 10 years. The president gave the charge at the launch of the new MOFI and inauguration of the Governing Council and Board of […]
President Muhammadu Buhari on Monday inaugurated the 10 megawatts Kano solar power project funded by the Nigeria Sovereign Investment Authority (NSIA) at a cost of $16 million. Speaking during the epochal event in the nation’s sustainable, environment-friendly power project drive, Buhari expressed satisfaction with the installation of the solar power plant, with over 21,000 solar […]
…As Buhari canvasses more support for farmers The African Development Bank Group (AfDB), on Wednesday hinted of its plans to commit $10 billion over the next five years to boost Africa’s efforts to end hunger in the continent and transform it into a primary food provider for itself and the global community. The […]
President Muhammadu Buhari in the early hours of Tuesday signed the Federal Government of Nigeria’s N21.8 trillion 2023 budget into law following last week’s passage of the Appropriation Bill 2023 by the National Assembly. A statement by the Ministry of Finance, Budget and National Planning which was also confirmed by a media aide in the […]
“Having lost a potentially “lucrative” line of “business,” the sacked characters returned to the drawing board to formulate one form of trick or another to intimidate the government but the vigilant teams of the administration kept them at bay.”
…..Says Banks Have Taken Delivery Of New Notes The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said that over N1 trillion had been deposited in the banks by bank customers since the introduction of the new Naira notes redesign measure by the apex bank. Emefiele, who made this disclosure […]
….Old Notes’ Legality Deadline Remains Sacrosanct – CBN President Muhammadu Buhari on Wednesday unveiled the redesigned N200, N500 and N1,000 Notes shortly before the weekly Federal Executive Council (FEC) meeting at the Presidential Villa in Abuja. The launching of the new Notes came barely 24 hours after the Central Bank of Nigeria (CBN) told […]
…..Says Buhari Will Launch New Naira Notes Wednesday The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR), the benchmark interest rate, by 100 basis points to 16.5%, at the end of its two-day meeting in Abuja. The latest MPR is the highest lending […]
President Muhammadu Buhari has said that the Federal Government will continue to pursue its dream of lifting 100 million Nigerians out of poverty by 2030 agenda by prioritizing poverty-reduction projects, programmes and initiatives in yearly budgets’ funding. Buhari made the promise on Thursday while launching the ‘2022 Multidimensional Poverty Index (MPI) Survey Report’ published by […]
President Muhammadu Buhari on Tuesday disclosed the Federal Government had released a total of N100 billion loan to indigenous pharmaceuticals manufacturers and healthcare investors as part of his administration’s efforts to improve their capital base and increase local production of drugs and medical consumables. President Buhari, who was quoted in a statement issued by his […]