The Federal Government plans to shut down the National Economic Reconstruction Fund (NERFUND) over non-performing loans of over N17.5 billion.
Pursuant to this, a committee has been formed to ensure the smooth liquidation of the company by the end of this month.
The agency said a...
The Minister of Finance,Mrs. Kemi Adeosun, has released the proceeds of the N100 billion Sukuk bond for 25 key economic road projects of the Federal Ministry of Power, Works and Housing.
Mrs. Adeosun, in Abuja, handed over the cheque to Minister of Power, Works and...
The Senate has received a request from President Muhammadu Buhari for confirmation as Deputy Governor of the Central Bank of Nigeria(CBN) in the person of Mrs Aishah Ahmad.
Upon confirmation, Mrs. Ahmad will replace a former Deputy Governor, Mrs Sarah Alade who retired early this...
Nigeria Customs has seized 3,665 vehicles from 2015 till date with a Duty Paid Value (DPV) of over N13 billion, the Comptroller-General, Col. Hameed Ali (rtd), has said.
Ali said this during his lecture titled “Problem of Smuggling and its attendant Consequence on Nigeria’ s...
As part of the Buhari administration’s medium term Economic Growth & Recovery Plan (EGRP) to build a globally competitive economy, the Presidential Enabling Business Environment Council (PEBEC) on Tuesday kicked off the National Action Plan (NAP) 2.0.
The new action plan, which will run from...
The Federal Government is strategising on Ajaokuta Steel Company in Kogi and the Aluminium Smelting Company (ALSCON) in Ikot Abasi as The Minister of Mines and Steel Development Mr Kayode Fayemi visited President Muhammadu Buhari.
Nigeria’s only aluminium smelting plant, ALSCON, was shut down in 2014...
