All posts tagged "Ngozi Okonjo Iweala"
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SON claims receipt of 26% of capital vote
The Standards Organisation of Nigeria on Wednesday said it had only received 26 per cent of its capital vote for the 2013 fiscal period. The Director-General, SON, Dr. Joseph Odumodu, gave out the figure when he received...
- Posted September 27, 2013
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Jonathan to ring closing bell at New York Stock Exchange
President Goodluck Jonathan will on September 23, become the first Nigerian leader to ring the closing bell at the New York Stock Exchange, NYSE, DailyPost can authoritatively report. The Nigerian Ambassador to the United States, Prof. Ade...
- Posted September 16, 2013
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External reserves stand at $46.9b
The Central Bank of Nigeria (CBN), on Wednesday, said the nation’s external reserves stood at 46.89 billion dollars on August 26 According to the CBN, out of the sum, 45.67 billion dollars was in liquid form, while...
- Posted August 29, 2013
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Okonjo-Iweala decries N232bn fraudulent subsidy claims
The Minister of Finance, Dr. Ngozi Okonjo-Iweala, has decried the N232bn ($1.5bn) overpayments made to “fraudulent” oil marketers. Okonjo-Iweala, who is also the Coordinating Minister for the Economy, made the plan known at the meeting of the...
- Posted August 17, 2013
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Oil theft: Don’t blame N-Delta ex-militants – Presidency warns oil firms
The Presidency defended ex-militants currently on the payroll of the Presidential Amnesty Programme (PAP) of involvement in the theft of oil in the Niger Delta. The Minister of Finance, Dr. Ngozi Okonjo-Iweala, claimed over 400,000 barrels of...
- Posted July 21, 2013
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Investors rush Nigeria’s $1b bond
Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala has said that International investors have exceeded the expectations of analysts in their response to the recently floated $1 billion Nigerian bond; marking an improvement...
- Posted July 5, 2013
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Foreign direct investment has increased – Aganga
Minister of Trade and Investment, Dr Olusegun Aganga, said there was significant increase in foreign direct investment in the economy, adding that the petrochemical sub-sector attracted over $20 billion investments with over $8 billion contribution by the...
- Posted June 21, 2013
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FG uncovers N58bn scam by revenue agencies, banks
Federal Government, yesterday, announced a discovery of about N58 billion, which some revenue-generating agencies of government refused to remit to the Consolidated Revenue Fund (CRF) in collaboration with some banks. In a statement, the Co-ordinating Minister for...
- Posted June 14, 2013
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World Bank earmarks $300million for mortgage infrastructure in Nigeria
The World Bank is to partner Nigeria to develop a sound mortgage financing structure that would deliver affordable houses to Nigerians. The multilateral institution is to provide financial access and liquidity to the tune of $300 million...
- Posted April 23, 2013
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FG to create 3.5 million jobs in agric sector by 2015 –Okonjo-Iweala
In a bid to reduce its teeming unemployed population, Nigeria will generate about 3.5 million jobs in the agricultural sector by the end of 2015. This was disclosed at the weekend by Coordinating Minister for the Economy...
- Posted April 22, 2013