The Office of the Accountant General of the Federation (OAGF) had said, it is drafting a Bill that would give legal backing to the Public Finance Management (PFM) Reform initiatives and the operations of the Treasury of the Federation.
The Accountant General of the Federation (AGF), Dr. Oluwatoyin Madein disclosed...
The Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji, has urged Foreign companies shipping crude oil from Nigeria to ensure strict compliance with the country's tax laws in their operations.
Adedeji gave the charge in Lagos at a workshop on taxation of non-resident shipping companies organised by FIRS in conjunction...
The Board of Directors of the African Development Bank Group (AfDB) has approved a $10 million equity investment in Dhamana Guarantee Company Limited to support the use of capital markets as an alternative source of long-term funding for infrastructure and the real sector in East Africa.
Dhamana will be domiciled...
The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has been awarded the 2021/22 Zik Prize in Professional Leadership by the Public Policy Research and Analysis Centre (PPRAC).
In a citation yesterday in Lagos, Prof. Pat Utomi, Head of the PPRAC Zik Prize Selection Committee, said that Prof....
The Nigeria Sovereign Investment Authority (NSIA) has launched a $500million Renewables Investment Platform for Limitless Energy (RIPLE).
This, NSIA said, was done to expand energy access, enhance energy efficiency, and ensure energy security in the country.
The launch of RIPLE was accompanied by the execution of a strategic partnership agreement that...
Ecobank, the leading pan-African banking group, and the African Guarantee Fund (AGF), a specialized pan-African guarantee provider, have joined forces in a groundbreaking USD200 million risk-sharing agreement, aimed at catalyzing economic growth and supporting entrepreneurial ventures – including women-owned SMEs on the continent.
The two organisations signed a strategic partnership...
Nigeria’s headline inflation rate, on a month-on-month basis, in October 2023, stood at 1.73%, 0.37% lower than the rate recorded in September 2023.
In a chat with newsmen in Abuja, on Wednesday, November 15, 2023, on the latest National Bureau of Statistics (NBS) figures, the spokesman of the Central Bank...
The African Export-Import Bank (Afreximbank) has entered into a framework agreement for the Export Agriculture for Food Security (ExAFS) Initiative with ARISE Integrated Industrial Platforms (ARISE IIP) and the governments of Chad, Malawi, Zimbabwe and Egypt. The initiative seeks to improve food security in Africa.
At a ceremony on the...
L-R: Mr Anthony Ogefere, special Adviser to the Governor, Central Bank of Nigeria, Mr. Mohammed Shahid Ahmed, Chief of Staff to the Director , Nigeria Financial Intelligence Unit, Mr.Modibbo Hamman Tukur, Director/Chief Executive officer, Nigeria Financial Intelligence Unit and Mr.Olayemi Cardoso , Governor, Central Bank of Nigeria, Mr. Philip...
