Buhari approves exclusion of Ministry of Finance Incorporated from TSA

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

President Muhammadu Buhari on Tuesday in Abuja approved the partial exclusion of the Ministry of Finance Incorporated (MOFI) from the Treasury Single

In a statement by Femi Adesina, Special Assistant to the President on Media and Publicity, Buhari also granted the request of the board of MOFI to charge management and transaction fees and include the Minister of Power in its governing council.

As a government-owned investment company, the President stressed that MOFI must be supported to exercise its responsibility of achieving strong returns on investments while also contributing to the country’s broader economic development. “MOFI’s mission is to generate strong risk-adjusted returns, contribute to the well-being of Nigerians, and be a trusted steward of our nation’s assets and investments.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Buhari approves partial exclusion of Ministry of Finance Incorporated from TSAThe president also granted the request of the Board of MOFI to charge management and transaction fees.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Nestlé Nigeria loses profit as finance expenses jump 126% to over N5bn in Q1 | TheCableNestle Nigeria Plc faced intensified pressure from rising debts and interest expenses in the first quarter (Q1), which lowered the company’s after-tax profit from almost N18 billion in the same period last year to N16.2 billion for the quarter.
Source: thecableng - 🏆 2. / 80 Read more »

Group canvasses leadership roles for women in financeThe working committee of 100 Women in Finance Nigeria has said there is a need for women in Nigeria’s finance industry to take key roles in their various professions.
Source: MobilePunch - 🏆 8. / 63 Read more »