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BOI Launches N250bn Bond Offer to Finance Businesses

BOI Launches N250bn Bond Offer to Finance Businesses   The Bank of Industry (BOI) through BOI Financing SPV Plc, has opened subscriptions for its inaugural Series 1 Fixed Rate Bond worth up to N250bn under its $1bn multi-currency instruments programme, seeking to raise long-term capital to...

We Are Prioritising Investment Over Borrowing – Edun

We Are Prioritising Investment Over Borrowing - Edun   The Federal Government has improved its resource allocation strategy to enhance efficiency and sustainability while reducing reliance on high-cost commercial borrowing. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said this on Thursday at...

Tinubu Appoints 36-year-old Engineer as CREDICORP Boss

President Bola Tinubu has approved the appointment of Engineer Uzoma Nwagba as the Managing Director/Chief Executive Officer of the Nigerian Consumer Credit Corporation (CREDICORP).

Edun, Cardoso Seek Increase In World Bank Support for Nigeria

Edun, Cardoso Seek Increase In World Bank Support for Nigeria Mr. Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, has called for more support from the World Bank for Nigeria, expressing hope that the multilateral institution will appreciate the reforms conducted...

CSOs Kicks as Finance, Power Ministries Get N618bn Multilateral Loan

CSOs Kicks as Finance, Power Ministries Get N618bn Multilateral Loan   Civil society organisations and power consumer groups have expressed concern over the N618bn multilateral and bilateral loans allocated to the Ministries of Finance and Power in the 2024 budget. Although the budget captured it as project-tied...

Meet Doris Uzoka: Nigeria’s Potential Minister of State for Finance, by Juliet Agoyi

Meet Doris Uzoka: Nigeria's Potential Minister of State for Finance, by Juliet Agoyi   After weeks of keeping Nigerians waiting, President Bola Ahmed Tinubu last week finally unveiled the list of some of the men and women who will make up his cabinet and help him...