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FG to attract Nigerians foreign savings with new Diaspora Bond

The Federal Government Saturday said it has planned to float a Diaspora Bond to attract funds held abroad by Nigerians at home and in the Diaspora.  The Minister of Finance and Coordinating Minister of the Economy Mr. Wale Edun disclosed this, yesterday, at his wrap up media briefing at the …

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Nigeria secures $2.25bn loan from World Bank at 1% interest rate

The Federal Government on Saturday announced that it has qualified for processing a loan, described as ‘virtually a grant’ of $2.25 billion from the World Bank at 1 percent interest rate. Wale Edun, the finance minister, disclosed this during a joint press conference of the ministry of finance and the …

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Another APC ward faction suspends Ganduje

Another faction of the All Progressives Congress in Ganduje Ward, Dawakin Tofa Local Government Area, Kano State, on Sunday announced the suspension of the party’s National Chairman, Dr Abdullahi Ganduje. The ward’s Legal Adviser, Haladu Gwanjo, last week announced the suspension of Ganduje. Gwanjo, who cited alleged corruption and other …

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