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The National Economic Council on Thursday revolved to review the status of the ownership structure of power distribution companies in the country.
The National Economic Council (NEC) presided over by Vice President Yemi Osinbajo on Thursday, approved additional investment of $250 million into the Nigeria Sovereign Investment Authority (NSIA).
The Senate Committee on Finance on Monday prevented the representatives of the Central Bank of Nigeria Governor, Godwin Emefiele, from addressing it on the issue of exchange rates for funding key projects.
The Senate Committee on Finance has summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, to appear before it on Monday.
The Senate Committee on Finance has summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, to appear before it on Monday (today).
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the federal government adopted a lower oil benchmark price of $57 per barrel for the 2020 budget as against the $60 per barrel in the 2019 budget because of the expected oil glut in 2020, as well as the need to cushion against unexpected price shock.
The Nigeria Sovereign Investment Agency (NSIA) says earnings described as “value addition” from various investments with its seed capital since it began operations in 2013 stands at over $350 million.
A civil rights organization, Coalition Against Corruption and Bad Governance (CACOBAG), has called on President Muhammadu Buhari to immediately order an investigation into the appointment of Ms. Aisha Abba Kyari, as an Assistant Vice President at the Nigerian Sovereign Investment Authority (NSIA).
Ahead of the May 29 inauguration President Muhammadu Buhari’s second term, the Accountant-General of the Federation, Idris Ahmed; the Comptroller-General of the Nigeria Customs Service, Hameed Ali; the Executive Chairman Federal Inland Revenue Service (FIRS), Tunde Fowler, and 11 other heads of agencies under the Ministry of Finance have been ordered to submit their hand over notes on or before April 23.
The Minister of Niger Delta Affairs, Pastor Usani Uguru Usani, has said the Federal Government has approved N100 billion for the completion of Sections 1 to 4 of the East West Road project.
The International Monetary Fund (IMF) on Friday clarified its categorisation of Nigeria as one of the countries with the worst use of the Sovereign Wealth Fund.
The Federal Government says it will use revenue accrued in the Excess Crude Account (ECA) to improve the funding of the Nigeria Sovereign Investment Authority (NSIA).
The latest report by the International Monetary Fund (IMF) ranking Nigeria as the world’s second worst user of sovereign wealth funds is “fundamentally flawed”, the federal government says.
President Muhammadu Buhari has approved the appointment of two Executive Directors to the Nigerian Sovereign Investment Authority (NSIA) Board.
President Muhammadu Buhari on Saturday inaugurated the NSIA-LUTH advanced cancer treatment centre located in the Lagos University Teaching Hospital (LUTH), Idi-Araba, Lagos.
The Central Bank of Nigeria (CBN) on Monday, added fertiliser to the list of items classified as “Not Valid for Foreign Exchange.”
The Nigeria Sovereign Investment Authority (NSIA) has transferred $417.46 million to Nigeria Bulk Energy Trading Company (NBET) to develop the electricity market.
The House of Representatives is seeking to separate the office of the Attorney General of the Federation from that of the Minister of Justice, saying the separation will remove political interference in the operations of the Attorney General.
The number of Justices at the Supreme Court’s Bench has been reduced by one with the retirement of Justice Kumai Bayang Aka’ahs.
Governor Nyesom Wike of Rivers State in Abuja on Tuesday dared his political opponents to do their worst as he donated N20m at the launch of a book titled, ‘The Big Interviews’, authored by Eric Osagie, a former Managing Director of The SUN.
Anthony Joshua has defended his measured and tactful display against Andy Ruiz Jr, which saw him become a two-time heavyweight world champion.
The Central Bank of Nigeria (CBN) expects to achieve 2.38 per cent Gross Domestic Product (GDP) growth rate in the fourth quarter of this year.
Indian police on Friday shot dead four detained gang-rape and murder suspects as they were re-enacting their alleged crime, prompting outrage but also wild celebrations.
The funeral ceremony of late Super Eagles forward Promise Isaac, who died October 2, 2019, in the United States as an active player has been announced by his family.
Chief of The Air Staff (CAS), Air Marshal Sadique Abubakar, has enjoined Air Force Base communities across the country to exploit their rich cultural diversities to strengthen the bond of love and unity for the development of communities.
As debates continue on the Lagos State Health Insurance Scheme, the National Health Insurance Scheme, NHIS, has picked holes in its structure, saying, it lacks a constituted governing council.
Amazon.com on Tuesday said it was extending its cloud to 5G networks in partnership with Verizon Communications, so developers can run latency-sensitive programs on mobile and connected devices.