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The Presidency, on Friday, said that all the repatriated funds to the country have been earmarked for identified critical projects across the country in accordance with the agreement.
President Muhammadu Buhari has approved the constitution of two committees for the Mambilla Hydroelectric Power Project in Taraba State.
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 National Electricity Regulations Commission (NERC), on Tuesday, declared that no electricity consumer should be made to pay for energy he/she did not consume.
Having reached an agreement for the payment of N30,000 as the new minimum wage for civil servants in Gombe State, it has been agreed that February 2020 salaries will capture adjustments, as implementation takes effect from January 1, 2020.
Super Eagles former captain and assistant coach Joseph Yobo has stated his readiness to prove all doubters wrong as he looks set to resume to his new role.
Chelsea had chances to take the lead in the first half but failed to capitalise and Bayern’s dominant second-half display saw them run out 3-0 winners, in their first-leg round of 16 tie at Stamford Bridge.
Lagos State Governor, Mr. Babajide Sanwo-Olu, has stressed that to achieve the desire of making Lagos a 21st Century Economy, his administration will uphold Smart-Agriculture driven by innovative technologies in tandem with international standards.
The Economic and Financial Crimes Commission, EFCC, Makurdi Zonal Office, Monday, arraigned Elizabeth Akaa over alleged N9m fraud bordering on breach of trust, dishonesty and misappropriation.
A total of 70 people died from 472 confirmed cases of Lassa fever out of 1,708 suspected cases in 92 Local Government Areas of 26 States of the Federation within the first six weeks of 2020.
Barcelona defender Gerard Pique says that Lionel Messi’s consistency makes him a better player than Diego Maradona.
Dangote Group has entered into a long-term agreement with an Enugu-based automaker, Transit Support Services Limited, for the supply of Shacman trucks being assembled at the Anambra Motor Manufacturing Company Limited’s factory in Emene, Enugu.
The sponsor of the bill that seeks to establish an agency for the rehabilitation of repentant Boko Haram members, Ibrahim Gaidam, has explained why he introduced the bill in the Senate.