Monday, November 12, 2018

Tag "Dr Ngozi Okonjo-Iweala"

    After Ireland’s first female president, Aspen to honour ‘exceptional’ Okonjo-Iweala

After Ireland’s first female president, Aspen to honour ‘exceptional’ Okonjo-Iweala

The Aspen Institute will be honouring Ngozi Okonjo-Iweala, the former minister for the economy in Nigeria, at the fifth annual Madeleine K. Albright Global Development Lecture taking place at Aspen Meadows campus.  The Nigerian economist will be the fifth person to be so honoured. In 2016, Mary Robinson, the first female president of Ireland, was also honoured in the same manner. The lecture, [...]

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    Oshiomhole: Okonjo-Iweala didn’t save for the rainy day

Oshiomhole: Okonjo-Iweala didn’t save for the rainy day

Adams Oshiomhole, governor of Edo state, has said Ngozi Okonjo-Iweala, the immediate past minister of finance and the coordinating minister for the economy, did not save for the rainy day.The governor insisted that if Nigerians say the governors were extravagant in spending and did not save for austere times, what about the minister who was in charge of over 50 [...]

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    Okonjo-Iweala: It’s going to be a very difficult year

Okonjo-Iweala: It’s going to be a very difficult year

The fall of oil prices is taking a heavy toll on Nigeria's economy and Ngozi Okonjo-Iweala, finance minister and coordinating minister of the economy, reckons it will be a difficult year."It's going to be a very difficult year," she told CNN. "We've had a more than 50 percent fall in the price of oil and that has naturally impacted the economy."The Naira is [...]

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    Nigerians ‘want to live in Abuja, Lagos’

Nigerians ‘want to live in Abuja, Lagos’

Coordinating minister of the economy and minister of finance, Dr Ngozi Okonjo-Iweala, has said that most applicants of the federal government mortgage scheme prefer to own houses in the two main urban areas of Abuja and Lagos.The minister based her statement on 66, 402 applications for 10, 000 mortgages of the federal government mortgage refinance scheme, launched in August.At a [...]

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    Nigerians abroad remitted $20.77bn in 2013, says ministry

Nigerians abroad remitted $20.77bn in 2013, says ministry

Remittances from Nigerians abroad in 2013 totalled  $20.77bn, the federal ministry of finance disclosed on Tuesday .It also said the value of remittances in the first half of 2014 was $10.40bn.Mr Paul Nwabuikwu, the special adviser to the minister of finance and coordinating minister of the economy, made the disclosure in an electronic message, saying that a high level executive-legislative team [...]

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    NSIA to manage $350m power fund for NBET

NSIA to manage $350m power fund for NBET

The Nigerian Bulk Electricity Trading Plc (NBET) and the Nigeria Sovereign Investment Authority (NSIA) on Thursday signed a funds management agreement over the $350 million (N56.7 billion) allocated to NBET for power generation projects in the country.The fund, generated from the $1 billion Eurobond issued by the federal government in July 2013, which is to enable NBET enter power purchase agreements [...]

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    ‘900 schools burnt, 176 teachers killed in Borno’

‘900 schools burnt, 176 teachers killed in Borno’

Nine hundred schools and 176 teachers have been killed since the onslaught of Boko Haram in Borno State in 2011, Governor Kashim Shettima has said.The governor disclosed this at the inaugural meeting of the steering committee on safe schools initiative with the coordinating minister for the economy and minister of finance, Dr Ngozi Okonjo-Iweala, secretary to the state government of Adamawa, Prof [...]

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    Insurgency will hamper GDP growth, Okonjo-Iweala admits

Insurgency will hamper GDP growth, Okonjo-Iweala admits

Dr. Ngozi Okonjo-Iweala, the minister of finance and coordinating minister of the economy, on Tuesday revealed that insurgency by militant group, Boko Haram, in northern Nigeria will hamper the country’s economic growth this year by 0.5 per cent.Ngozi Okonjo-Iweala told Reuters that while the violence in the northeast might put off some potential foreign investors, those who are in Nigeria [...]

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    Jonathan nominates Diezani to head OPEC

Jonathan nominates Diezani to head OPEC

The Nigerian government has nominated minister of petroleum resources, Mrs. Diezani Alison-Madueke, for the office of secretary-general of the Organisation of the Petroleum Exporting Countries (OPEC), which will be vacant at the end of the year, according to Reuters.Alison-Madueke became Nigeria's minister of transportation on July 26, 2007, but she was moved to Mines and Steel Development in 2008.In April 2010, [...]

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    Delayed budget signing not damaging to economy, says Okonjo-Iweala

Delayed budget signing not damaging to economy, says Okonjo-Iweala

Minister of Finance and Coordinating Minister of the Economy, Dr Ngozi Okonjo-Iweala, on Friday said that the delay in the signing of the 2014 budget into law has not hampered the running of the economy in any way.Onkonjo-Iweala, who was speaking at a media briefing in Abuja, said the government had been able to run the economy based on the [...]

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    Okonjo-Iweala says most companies don’t pay tax

Okonjo-Iweala says most companies don’t pay tax

Dr. Ngozi Okonjo-Iweala, the Coordinating  Minister for the Economy and Minister of Finance, on Thursday urged Nigerians to comply with the tax law if they want government to depend less on oil.Okonjo-Iweala said this in Lagos at the Stakeholders’ Engagement Forum organised by the Federal Inland Revenue Service (FIRS).She said 65% of companies had not forwarded their tax returns in the [...]

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    African journalists ‘not good to the continent’

African journalists ‘not good to the continent’

Nigeria's Coordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has urged African journalists to develop a positive mindset towards the continent.Speaking at an interactive session during the ongoing World Economic Forum in Abuja, the minister criticised African media for projecting the negative side of the continent."Sometime ago, I was attending a conference in New York and a [...]

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    Okonjo-Iweala lists gains of WEF to FCT residents

Okonjo-Iweala lists gains of WEF to FCT residents

Residents of the Federal Capital Territory (FCT) will have direct economic benefits from the World Economic Forum for Africa (WEFA) holding in Abuja, Coordinating Minister of the Economy and Minister of Finance, Dr. (Mrs.) Ngozi Okonjo-Iweala said on Monday.Speaking with the media in Abuja, Okonjo-Iweala urged residents of the city to focus on the positives of the forum and ignore the disturbances.She [...]

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Exchange Rates

November 9, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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