Cardoso, Oyedele sign Monetary-Fiscal policy coordination MOU
By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have signed a Memorandum of Understanding (MOU) on Monetary-Fiscal Policy Coordination to strengthen their partnership in the pursuit of stronger macroeconomic management, lasting economic stability and sustainable prosperity for all Nigerians. The Governor of the CBN, Mr. […]
NIIMP: FG targets 30m jobs, 70% GDP by 2043
The Minister of National Planning Commission, NPC, Dr. Abubakar Sulaiman says the proposed implementation of the newly approved National Integrated Infrastructure Master Plan, NIIMP would generate about 30 million jobs in 30 years across all sectors of the economy.
NIM to deepen entrepreneurial, innovative skills
Nigerian Institute of Management, NIM, has announced plans to promote entrepreneurial and innovative skills among youths in the country, with its proposed industrial park.
Speaking at a press briefing to announce its forthcoming Annual Management Conference, Mr. Nelson Uwaga, President and Chairman of Council, NIM, said the park will be fashioned after the University of Cambridge model and will lead to the empowerment of large number of youths.
N10 bn refunded by NNPC shared by FG, states, LGs – FAAC
The Federation Account Allocation Committee (FAAC) on Tuesday shared N611.77 billion to the Federal, states and local governments for the month of August. Among the shared money is the N10 billion refunded to the federation account by Nigerian National Petroleum Corporation.
Energy firms owe Nigerian banks N2.6trn
Energy firms are owing banks in Nigeria about N2.644 trillion as at end-December 2013, the Central Bank of Nigeria, CBN, has stated.
Lagos, only sub-national govt to get W-Bank’s $600m facility — FASHOLA
Governor Babatunde Fashola of Lagos State has disclosed that Lagos is the only sub-national government in Africa that has benefited from the $600 million facility of the World Bank.
