The Ministry of Finance Incorporated (MOFI) has launched the N100 billion series 2 offering under the MOFI real estate investment fund (MREIF). On December 20, 2024, the ministry had announced a full subscription of N150 billion for series one – bringing the total initial funding under MREIF to
The Ministry of Finance Incorporated (MOFI) has taken over from the Bureau of Public Enterprises (BPE), the Federal Government’s equity holdings in the 11 successor Electricity Distribution Companies (DISCos) of the defunct Power Holding Company of Nigeria (PHCN). The revocation notice is contained in a memo signed by the Managing Director/Chief Executive Officer of MOFI,