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Federal Ministry of Finance

Tinubu lauds MoF, DMO for securing $1.26bn financing for Lagos- Calabar coastal highway project 

Tinubu

President Bola Tinubu has praised the Federal Ministry of Finance for successfully closing USD 1.26 billion in financing for the execution of Phase 1, Section 2 of the Lagos–Calabar Coastal Highway, marking a significant milestone in the delivery of Africa’s most ambitious and transformative infrastructure projects.  President Tinubu applauded the Ministries of Finance and Works […]

Court orders reinstatement of suspended SEC DG, Gwarzo

The National Industrial Court, Abuja, on Thursday ordered the immediate reinstatement of Mounir Gwarzo, the suspended director-general of the Securities and Exchange Commission (SEC), back to his position. Justice Sanusi Kado, in his judgment, held that the minister of finance, named as the second defendant in the suit, lacked the power to suspend the claimant. […]

FG, CBN, DMO reject Moody’s downgrade of sovereign rating

moody

. Nigeria, one of top 10 most improved economies- World Bank .CBN expands Anchor Borrowers’ Programme .Targets extra 2m tonnes from 300,000 rice farmers The Federal Ministry of Finance (FMF), the Central Bank of Nigeria (CBN) and the Debt Management Office (DMO), have vehemently rejected the downgrade of Nigeria’s rating by Moody from a B1 […]