Tag: Finance
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No cause for alarm on eNaira, says CBN
The Central Bank of Nigeria (CBN), has assured Nigerians that its digital currency. eNaira posed no threat to financial stability. The Director, Corporate Communications Department of CBN, Dr Isa AbdulMumin
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Wheelchair Basketball Team Nigeria running without wills and funds – IWBF
Barely a month to the start of the 2023 International Wheelchair Basketball Federation (IWBF) African Para Games qualifier in Accra, the Ghanaian capital all is not well with Wheelchair Basketball Team Nigeria’s build up to the Championship. The challenges associated with Wheelchair Basketball Team Nigeria is in four folds. ★ Information management and Communications ★…
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Lagos Assembly begins probe of LGs, LCDAs accounts
The Lagos State House of Assembly has begun probing the 20 Local Governments and 37 Local Government Development Areas (LCDAs) to justify accountability of public funds in the state. The Chairman House Committee on Public Accounts (Local), Mr Mojeed Fatai, said this at the commencement of the first phase of the screening in Lagos on…
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HURIWA predicts more deliberate infernos before handing over to new administration
HURIWA wonders why infernos gut financial institutions months to new administration
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N73.7m FRAUD: 2 former Bauchi accounts officers jailed
2 former accounts officials of the state’s government jailed
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Ngozi Okonjo-Iweala, catalyst and innovator for global finance and trade -Chido Nwangwu
By Chido Nwangwu She is a bold name member of the Nigerian diaspora — here in the United States, and globally. She is a catalyst for progressive change and innovation in the financial centers of the world — especially in development economics. Ngozi Okonjo-Iweala, PhD., is the quintessential technocrat who also understands the daily grind…
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Works, Finance Ministries inflated our 2021 budget by N11bn, FERMA boss tells Reps
The Managing Director of the Federal Roads Maintenance Agency FERMA, Mr. Nurudeen Rafindadi on Thursday shocked members of the House of Representatives Committee on FERMA, headed by Rep. Richard Femi Bamise (APC Ekiti) that the Ministries of Finance and Works and Housing inflated their 2021 budget by over N11 billion. A member of the committee,…
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FG releases details of judiciary financial autonomy order
The federal government has released details of Executive Order 10, which grants financial autonomy to the legislature and judiciary at the State level. The details were released by Umar Gwandu, Special Assistant on Media to Attorney-General of the Federation, Abubakar Malami four days after it was signed into law by President Mohammadu Buhari. Read details…
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Why I forwarded Finance Bill to NASS – Buhari
President Muhammadu Buhari says the Finance Bill 2019 he forwarded to the National Assembly, when passed into law, will permit government to raise the country’s Value Added Tax (VAT) from 5 to 7.5 per cent. The Nigerian leader disclosed this when he presented the 2020 Appropriation Bill to the joint session of the National Assembly…
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FG plans issuance of N10.6bn bond to finance renewable energy – DMO
The Director-General, Debt Management Office, DMO, Patience Oniha, has said the federal government is planning to issue N10.6 billion green bonds to finance renewable energy projects to protect the environment. Mrs. Oniha said this in Abuja on Thursday at the Nigeria Green Bond Investors Forum organised by the federal ministries of environment and finance, in…