30bn

President Bola Tinubu says his nine month-old administration has attracted $30 billion Direct Foreign Investment commitments to shore up the Nigerian economy. Mr Tinubu said this at the 2023 Leadership Annual Conference and Award on Tuesday in Abuja. The event, with the theme, “An Economy in Distress: The Way Forward,” was organised by the Leadership Group, publishers of Leadership Newspapers. Mr Tinubu, represented by Minister of Information and National Orientation, Mohammed Idris, said the Nigerian economy is…

President Bola Tinubu says his nine month-old administration has attracted $30 billion Direct Foreign Investment commitments to shore up the Nigerian economy. Mr Tinubu said this at the 2023 Leadership Annual Conference and Award on Tuesday in Abuja. The event, with the theme, “An Economy in Distress: The Way Forward,” was organised by the Leadership Group, publishers of Leadership Newspapers. Mr Tinubu, represented by Minister of Information and National Orientation, Mohammed Idris, said the Nigerian economy is…

The Central Bank of Nigeria on Saturday refuted claims alleging that the Nigerian government is contemplating the conversion of $30 billion in domiciliary deposits to naira. According to a statement by the Acting Director of Corporate Communications, Hakama Ali, the claim has been circulating in a national newspaper. “The attention of the Central Bank of Nigeria (CBN) has been drawn to a story published by a national newspaper alleging that the Federal Government is considering converting $30bn domiciliary…