The Central bank of Nigeria has approved the grant of a Wholesale Development Finance Institution Licence with national authorization to the Development Bank of Nigeria (DBN) Plc, the Minister of Finance, Mrs. Kemi Adeosun has confirmed. The approval was conveyed in a letter addressed to the Managing Director/Chief Executive of Officer of DBN dated March…
FEDERAL MINISTRY OF FINANCE HEADQUARTERS, CENTRAL BUSINESS DISTRICT, ABUJA PRESS UNIT, 4TH FLOOR News Release March 28, 2017 NIGERIA PRICED ITS US500 MILLION NOTES AT A YIELD OF 7.5 PER CENT Announcement of pricing of US$500 million notes by the Federal Republic of Nigeria under its US$1.5 billion…
It is more than gratifying to mark my birthday in this good way. To all of you – many who have traveled great distances – I am honored that you joined me today. Though the event banners speak my name, this gathering is not about me. It is about what a people united in purpose…
In a bid to ensure safe and secure shipping on the Nigerian territorial waters, the Nigerian Maritime Administration and Safety Agency, NIMASA, has warned all owners of abandoned ships/vessels to urgently remove same from the Nigerian territorial waters on or before April 28 or risk sanctions ranging from forfeiture or removal by the agency at…
Bayelsa State Government over the weekend flagged off a special programme, intended to provide critical infrastructure in its tertiary institutions, with the presentation of N500 million to A & K Construction Company, the contractor handling the Senate building project of the Niger Delta University, Amassoma. Governor Seriake Dickson, who made the presentation of the cheque,…
Rivers State Governor, Nyesom Ezenwo Wike has assured the people of Ogu/Bolo Local Government Area that his administration will always execute developmental projects for the area. Speaking during the Thanksgiving Service in honour of Senator George Thompson Sekibo for his 60th birthday and re-election at the Saint Martins Anglican Church in Ogu on Sunday ,…
Operatives of the Economic and Financial Crimes Commission, Ibadan Zonal office have arrested one Okiribiti Adunola Aminat over an alleged case of conspiracy and obtaining money under false pretence. In a rehash of the old infamous advance fee fraud tact of spiritual help and solution to all problems, a victim has recounted her ordeal in…
Recently, the Niger Delta Development Commission, NDDC, published a list of 375 infrastructural projects in three national newspapers, as well as on the Commission’s website, as part of an ongoing process to implement the 2016 NDDC Budget, which the present Governing Board and Management inherited. Since that publication, it has come to our attention that…
Gentlemen of the Press, We have invited you here today to make our position and that of the entire Rivers people known to the world on the various achievements of the President Buhari led administration stirring us as a people and as a country. On behalf of the civil society family, vibrant youths, highly respected…
