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93 results found Finance

PostedNG

@PostedNG 5 days ago Public

STATEHOUSE PRESS RELEASE AHEAD OF WORLD ECONOMIC FORUM 2026, FEDERAL GOVERNMENT ESTABLISHES NIGERIA HOUSE DAVOS The Federal Government announces the establishment of Nigeria House Davos during the 56th Annual Meeting of the World Economic Forum (WEF) 2026, scheduled to take place from 19th–23rd January 2026 in Davos, Switzerland. This landmark initiative marks Nigeria’s first official National House on the Davos Promenade and represents a strategic national platform to project Nigeria’s economic reforms, investment readiness, institutional strength, and cultural identity on the globa... View full post

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1775

PostedNG

@PostedNG 7 days ago Public

NO ABANDONMENT, NO NEW AWARDS: FG SETS THE RECORD STRAIGHT ON MOROCCO SCHOLARSHIPS The Federal Government has firmly debunked misleading narratives circulating in some quarters regarding Nigerian scholarship students in the Kingdom of Morocco, describing such claims as false, unfounded, and deliberately crafted to misinform the public. The Honourable Minister of Education, Dr. Maruf Tunji Alausa, has clarified that no Nigerian student on a valid Federal Government scholarship has been abandoned. All beneficiaries duly enrolled under the Bilateral Education Scholarship (BES) Programme pr... View full post

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1916

PostedNG

@PostedNG 7 days ago Public

PRESS RELEASE No Nigerian student on a valid Federal Government scholarship has been abandoned. All beneficiaries duly enrolled under the Bilateral Education Scholarship (BES) Programme prior to 2024 have received payments up to the 2024 budget year, in line with the Federal Government’s obligations. Any temporary delays in outstanding payments are attributable to fiscal constraints and are currently being addressed through ongoing engagements between the Federal Ministry of Education and the Ministry of Finance. Additionally, no new bilateral scholarship awards were made in October ... View full post

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1008

PostedNG

@PostedNG 9 days ago Public

Terrorism Financing: Court Denies Bauchi Commissioner, Three Others Bail Justice Emeka Nwite of the Federal High Court Abuja, on Monday, January 5, 2026, turned down bail applications of Yakubu Adamu, Bauchi State’s Commissioner of Finance and three others. The three others are Balarabe Abdullahi Ilelah, Aminu Mohammed Bose and Kabiru Yahaya Mohammed. They were arraigned on Wednesday, December 31, 2025 on a ten-count charge bordering on alleged terrorism financing contrary to Section 2(1) and Section 19(1) (d) and punishable under Section 19(2)(b) of the Money Laundering (Prevention and ... View full post

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1479

PostedNG

@PostedNG 12 days ago Public

EFCC Arraigns Bauchi Commissioner for Alleged N5.7bn Money Laundering The Economic and Financial Crimes Commission, EFCC, on Tuesday, December 30, 2025 arraigned Bauchi State Commissioner for Finance and former Branch Manager of Polaris Bank Plc, Bauchi State branch, Yakubu Adamu, before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, over alleged money laundering offences involving N5,791,900,000 (Five Billion, Seven Hundred and Ninety-One million, Nine Hundred Thousand Naira). Adamu was arraigned alongside Ayab Agro Products and Freight Company Limited on a six-cou... View full post

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818

PostedNG

@PostedNG 15 days ago Public

EFCC Arraigns Bauchi Commissioner for Alleged N5.7bn Money Laundering The Economic and Financial Crimes Commission, EFCC, on Tuesday, December 30, 2025 arraigned Bauchi State Commissioner for Finance and former Branch Manager of Polaris Bank Plc, Bauchi State branch, Yakubu Adamu, before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, over alleged money laundering offences involving N5,791,900,000 (Five Billion, Seven Hundred and Ninety-One million, Nine Hundred Thousand Naira). Adamu was arraigned alongside Ayab Agro Products and Freight Company Limited on a six-cou... View full post

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1849

PostedNG

@PostedNG 19 days ago Public

STATEHOUSE PRESS RELEASE PRESIDENT TINUBU APPLAUDS USD 1.126 BILLION LANDMARK FINANCING FOR LAGOS-CALABAR COASTAL HIGHWAY PHASE 1, SECTION 2 President Bola Tinubu has praised the Federal Ministry of Finance for successfully closing USD 1.126 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 and the Debt Management Office for working together on the transact... View full post

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