The Accountant General of the Federation, Ahmed idris has advised the Postmaster General of the Federation and the management team of the Nigerian Postal Service (NIPOST) to explore its vast human and material resources to improve the Agency. Idris said this when the management of NIPOST, led by the Postmaster...
The Central Bank of Nigeria (CBN) has made good its word, as it has released 50,000 metric tonnes of Maize into the Nigerian market. The Bank’s February 2021 release of Maize in fulfilment of its pledge to reduce the price of the commodity, was done through the Anchor Borrowers’ Programme...
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the Anchor Borrowers’ Programme of the Bank, has emphasised the need for all stakeholders to sustain current efforts championed by the Bank to galvanize agricultural production towards meeting the requirements of Nigeria’s growing population. Mr. Emefiele gave...
The Debt Management Office (DMO) has described as false and extremely misleading an allegations by some media outlets that the Office was unable to account for the N2.2 trillion allocation to to it in the 2018 Appropriation Act. DMO said, the media outlets made the statement following the DMO’s appearance...
At exactly 2:30 on Friday, the Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami tolled the bell to close trading at the Nigerian Stock Exchange (NSE). Nami said FIRS would always support efforts to build confidence in the market, noting that the resilience of the NSE in 2020 signalled...
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the Bank’s decision to prohibit deposit money banks, non-banking institutions and Other Financial Institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian depositors and the country’s financial system. Mr. Emefiele made the declaration...
The Federation Accounts Allocation Committee (FAAC), today at its meeting through Virtual Conference shared to the three tiers of government, a total sum of N640.310 billion as federation allocation for the month of January, 2021. From this amount, inclusive cost of collection to NCS, DPR and FIRS, the Federal Government...
The Accountant General of the Federation, Ahmed Idris has charged the outgoing 2020 Batch A Corps Members that served in the Treasury House to be agents of positive change in the country. Idris addressed the Corps Members in his office when they went to commend him for the conducive working...
The President of the European Central Bank, Christine Lagarde has congratulated Dr. Ngozi Okonjo-Iweala on her selection as the first female and the first African to be chosen as the Director-General of the World Trade Organisation (WTO). Lagarde who was the former Managing Director of the International Monetary Fund (IMF)...
Scholars interested in Decentralized finance are quite familiar with the debate regarding the true identity of cryptocurrency: is it a currency, a commodity or an asset class? Its many controversies notwithstanding, it is this amorphous nature that further complicates attempts by regulators to exert any control over digital tokens. To...