In a significant move to reconstitute the Nigerian National Petroleum Company (NNPC) Limited Board, President Bola Ahmed Tinubu has appointed Mrs Lydia Shehu Jafiya mni, Permanent Secretary, Federal Ministry of Finance, as a member of the new Board. ...
Nigeria, Japan Launch Groundbreaking Youth-Focused Venture Fund
In a major boost to youth entrepreneurship, Nigeria and Japan have launched a strategic venture capital initiative that will channel Naira-denominated investments into high-growth startups, shielding them from currency risks while unlocking access to ...
Edun Commends Lee Engineering, Reaffirms Government’s Support for Indigenous Oil Sector
In a bold move to propel Nigeria's economic growth and self-reliance, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has reaffirmed the government's commitment to supporting indigenous businesses in the oil ...
FG, OECD Deepens Ties to Drive Economic Reforms, Attract Investment Opportunities
The Federal Government has expressed commitment to deepening its economic ties with the Organisation for Economic Co-operation and Development (OECD) with a view to harmonised data systems in order to support reforms, attract investment, and create o ...
Wale Edun Lauds AFDB’s Role In Accelerating Nigeria’s Economic Growth
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has commended the African Development Bank (AfDB) for its pivotal role in driving Nigeria's economic revitalisation. This praise follows a high-level meeting w ...
Federal Government Endorses Lagos International Financial Centre Initiative
The Federal Government has formally endorsed the creation of the Lagos International Financial Centre (IFC), a strategic move aimed at positioning Nigeria as a top-tier global financial hub. Speaking at a high-level engagement with EnterpriseNGR, ...
Annual Assets Report: Understanding Government Investments
The Annual Assets Report provides critical insights into the financial health of government-owned and government-invested companies under MOFI. The report highlights the performance of these companies, detailing their contributions to the nation’s ec ...
National Assets Register (NAR): Enhancing Transparency and Accountability
The National Assets Register (NAR) is a critical foundational block of the MOFI mandate as an efficient and effective manager of the nation’s asset portfolio, aimed at improving transparency, efficiency, and accountability in the management of nation ...