The Federal Ministry of Finance says the joint protest organized by some staff of the Federal Ministry of Finance; Office of the Accountant-General of the Federation and the Budget Office of the Ministry of Budget and National Planning on Monday, to back their demand for the payment of N1.2 billion, which they claimed to be…
Nigeria’s investor roadshow kicks off in London
Finance Minister, Kemi Adeosun’s meeting with London-based investors last Tuesday 7th June 2016, has provided an update on the Federal Government’s plans for economic reform, investment, and growth. A statement issued by Festus Akanbi, Special Assistant to the Minister of Media, indicates that the day-long event organised by Standard Chartered Bank was aimed at updating…
FG to Redefine Spending For Impact
The Federal Government has restated its commitment to redefining spending in order to get maximum impact. Minister of Finance, Kemi Adeosun made the disclosure at the on-going Ogun State Investors’ Forum in Abeokuta. The minister also assured that the government was working hard to reset the economy on the path towards achieving sustainable growth in order to…
We Are Working Hard to Revamp Economy – Adeosun
Finance Minister, Kemi Adeosun says the Federal Government’s economic team is working hard to reflate the economy and also to improve the lives of Nigerians. She said the economic team is competent, hardworking and would turn the economy around. She spoke on Sunrise, a programme on Channels TV. Responding to a question that Nigerians were not feeling the presence…
UBA To Expand To 25 African Countries
The just concluded Senior Leadership Forum of the United Bank for Africa, UBA, Group, has been described as a reflection of the strategic importance and growth potential of its pan-African business. The forum, convened by Tony O. Elumelu, Group Chairman of the bank, reviewed the impressive growth that the bank’s African network has made over…
Finance Ministry Confirms Suspension Of PTAD Boss
The Federal Ministry of Finance on Friday confirmed the indefinite suspension of the Executive Secretary/Director General of The Pension Transitional Arrangement Directorate, PTAD, Nellie Mayshak and three other senior staff of the directorate. The suspension order came from Kemi Adeosun, Finance Minister. A director from the office of the Accountant-General of the Federation has been appointed as acting Executive…
Finance Ministry To Appoint Financial Analysts To Enhance Transparency
In order to improve accountability, the Federal Ministry of Finance has disclosed that it has taken steps to strengthen and increase the capacity of the Post-Mortem sub-Committee of the Federation Account Allocation Committee, FAAC. This was sequel to the approval at the last FAAC meeting that three independent and experienced financial analysts who will work…
Elumelu Speaks on Clean Energy Investments at World Economic Forum
All is now set at Davos, Switzerland, where Tony O. Elumelu, chairman, Heirs Holdings and founder, Tony Elumelu Foundation, will discuss how to scale clean-energy investment to meet developing-country needs on a panel at the World Economic Forum, WEF, on Friday, 22 January 2016. Elumelu will frame his remarks and calls to action in the…
Unity Bank Repositions for Growth
The management of Unity Bank says it is set to reposition the financial institution to underpin Nigeria’s growth even as Henry Semenitari, its managing director, MD, resigned last week. This is after a successful recapitalisation and re-branding exercise that evolved the bank into a profitable and customer-focused financial services company. In compliance with the requirements…
Inaugural Speech By His Excellency, President Muhammadu Buhari
Inaugural speech by His Excellency, President Muhammadu Buhari following his swearing-in as President of the Federal Republic of Nigeria on 29th May, 2015 I am immensely grateful to God Who Has preserved us to witness this day and this occasion. Today marks a triumph for Nigeria and an occasion to celebrate her freedom and cherish…
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