The Ministry of Finance Incorporated (MOFI) has announced that the Federal Government’s investment assets—valued at ₦38.3 trillion—are currently undergoing a comprehensive audit and reform process aimed at strengthening transparency and corporate governance in public enterprises. The Chief Executive Officer of MOFI, Dr. Armstrong Takang, disclosed this during the inauguration of the 2025 Guidelines on Corporate…
TAJBank Limited, a fast growing non-interest bank, has sustained its feat in the nation’s banking history with the payment of 20 kobo per share dividend to its shareholders at the end of the 2024 financial year. TAJBank’s Founder/CEO, Hamid Joda, said in a statement on Monday in Abuja. Joda said that the payment was the…
President Bola Tinubu has said that his administration will ensure that every stolen asset from the country is recovered . The president made the assertion on Tuesday in Abuja while declaring open a Summit on Asset Recovery. The president was represented by the Permanent Secretary, Political and Economic Affairs in the Office of the Secretary…
The National Pension Commission (PenCom) has announced the recovery of ₦1.58 billion from defaulting employers through enhanced enforcement efforts.This information was shared by the Director General of PenCom, Ms Omolola Oloworaran, on Wednesday in Kano during the First Run 2025 Consultative Forum for States and the Federal Capital Territory (FCT). According to her, state remittances…
The Presidency is aware of failed attempts by Zhongshan Fucheng Industrial Investment Co. Ltd., a Chinese company, to take over offshore assets of Nigeria through subterfuge. Mr Bayo Onanuga, Special Adviser to the President on Information and Strategy, in a statement, said Zhongshan misled the Judicial Court in Paris into attaching Nigeria’s presidential jets in…
