MOFI
21 Feb
President Bola Tinubu has hinted of plans by his administration to create millions of jobs by unlocking Nigeria’s vast public assets with a view to optimising and doubling the country’s Gross Domestic Product (GDP).
20 Feb
The Nigerian government has announced plans to raise at least $10 billion in order to increase foreign exchange liquidity, which will, in turn, stabilise the naira.
20 Feb
Vice President Kashim Shettima has revealed that the Nigerian government has discovered 32 routes used to illegally export food items from the country.
20 Feb
The Nigerian government is set to introduce a bill which will help reduce future borrowing by the country.
18 Dec
The Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, lamented the general laxity towards federal government’s assets across the country estimated at N100 trillion.
6 Dec
The House of Representatives Committee on Public Assets, yesterday, in Abuja put the value of Federal Government assets at $100 billion, insisting that there is urgent need to safeguard the assets against looting.
1 Nov
Companies under the Presidential CNG Initiative (P-CNGi) have announced plans to establish over 1,000 Compressed Natural Gas (CNG) conversion centers across Nigeria. The move aims to make CNG more affordable and accessible to Nigerians.
16 Aug 2023
Nigerian Exchange Limited (NGX), alongside the Chartered Institute of Stockbrokers and the Association of Securities Dealing Houses of Nigeria (ASHON) has expressed willingness to collaborate with the Federal Government through the Ministry of Finance Incorporated (MOFI) in facilitating market development and listings.
15 Aug 2023
To collaborate with NGX, CIS, ASHON on market development The Ministry of Finance Incorporated, MOFI, the special purpose investment vehicle and asset custodian agency of the Federal Government has disclosed its readiness to identify, revive and list the moribund government assets on the stock exchanges in the country for enhanced economic growth. Speaking during…
14 Jul 2023
The Ministry of Finance Incorporated (MOFI) targets $10 billion from its portfolio investment in the next 10 years. The Chief Executive Officer (CEO), MOFI, Armstrong Katang, stated this in Abuja...
25 May 2023
Yesterday was a tough day for the economy with the National Bureau of Statistics (NBS) confirming slower growth, while the Monetary Policy Committee (MPC), raises the benchmark interest rate by another 0.5 point, suggesting that growth is not yet its priority.
3 May 2023
President Muhammadu Buhari has approved partial exclusion of the Ministry of Finance Incorporated (MOFI) from the Treasury Single Account (TSA). The President also granted request of the board of MOFI to charge management and transaction fees...
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2 mins ago
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has teamed up with the Federal Inland Revenue Service (FIRS) to curb tax evasion and meet up with the FIRS projected N1.9 trillion tax from the public sector.
2 mins ago
It’s a season of double awards for Darren Davies Properties (DDP), a fast growing real estate company in Nigeria, as the firm won the Property Company of the Year award, at the prestigious Nigerian Real Estate & Property Awards, to solidify its position as an industry leader.
5 mins ago
The Kwara State Police Command has arrested one Isah Umaru over his alleged involvement in the kidnap of a woman and her two children at Okoolowo in Shao Local Council.
10 mins ago
Former First Lady of Ekiti State, Bisi Adeleye-Fayemi, has reiterated the need to amplify the rights and voices of women, especially those of African descent, saying no society can achieve development when women are being sidelined.
13 mins ago
The Securities and Exchange Commission (SEC) has said it would not hesitate to sanction and prosecute unregistered digital asset operators going forward as part of efforts to sanitise the market.
23 mins ago
Prolific, proficient and profound excellent career achievements effortlessly put women who break the glass ceiling in the limelight, but dressing style and overall outfit elegance keeps them on the spotlight long after the broken glass ceiling career is no longer news – style keeps the focus intact.
24 mins ago
A group, Surest Firm Foundation Academy is set to help children reduce the effects of trauma- induced Imposter Syndrome, which has prevented them from maximising their potential early in life.
27 mins ago
The Chartered Institute of Directors (CIoD) has inducted the Chief Executive Officer, ScribeTribe Africa Limited, Bright Ukwenga, as a member of the Institute along with other visionaries and industry leaders.
30 mins ago
Nigerias from all walks of life, including top footballers and ex-players, yesterday, paid their last respect to the late Coach Godwin Ihijegbe Izilien with a valedictory football match at the Samuel Ogbemudia, Stadium, Benin City.
30 mins ago
The organisers of Pitcher Awards, the Pan-African benchmark for creative excellence, has announced renowned storyteller, filmmaker and content producer, Femi Odugbemi, as the Jury President for Entertainment at this year...