The medium-term strategy, he disclosed, was developed by the Ministry of Finance in conjunction with the Debt Management Office while the Central Bank of Nigeria developed a medium-term debt management strategy, with input from the National Bureau of Statistics, the World Bank and the International Monetary Fund
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Okoroafor said that it was now more difficult to transfer illegally acquired funds out of the country electronically
Segun Adeleye, President/CEO, WorldStage, said 2013 will be a watershed in the history of electricity power supply in Nigeria, going by the milestones expected to be recorded
Speaking on the issue, the CEO of FBN Holdings Plc, Bello Maccido, said the holding companies at inception faced a major concern over possible interpretation of existing tax statutes that would lead to the double taxation of dividends
Attempts have been made to return to the Gold standard but it has been met with vehement resistance. Libya, Africa’s largest oil producer, had plans to quit selling Libyan oil in US dollars, demanding payment instead in gold-backed dinars (a single African currency made from Gold)
Maku said in the first place, Nigeria did not have up to $67 billion in its accounts, based on the records of the Central Bank of Nigeria
According to Okonjo-Iweala, the Finance Ministry of Finance made the N161.6 billion supplementary budget for subsidy payments, which had been approved by the National Assembly, available to the Central Bank of Nigeria since December 31, 2012
Sanusi, who spoke with Nigerian journalists on the sidelines of the 13th meeting of the Honorary International Investment Council in London, United Kingdom, said that his position was the painful truth
The postponement, according to Justice Kolawole was because the judgment was not ready and owing to another suit instituted by the Attorney General of the Federation and Minister of Justice, Mohammed Adoke, seeking to stop the judgment