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CAC is a Law Abiding Government Agency – Management

The Corporate Affairs Commission has debunked what it calls “ series of false and malicious social media reports that it is recruiting against the Federal Character Principle”. The management, in a statement made available to the media, maintained that it has followed due process in all its operations. “On assumption …

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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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