Tag Archives: Treasury

The Central Bank of Nigeria has sold a record N1.3 trillion in Treasury Bills, specifically targeting overseas investors.    This is aimed at increase foreign exchange (forex) flowing into Nigeria and strengthening the Naira’s value.    The current Treasury Bills which is a secure way for investors to earn a …

Real Madrid coach, Carlo Ancelotti has claimed that he is ‘innocent’ after being charged on two counts of defrauding the Spanish Treasury which took place during his first spell at Real Madrid between 2013 and 2015.     The Italian manager is reportedly facing a prison sentence of four years …

Real Madrid coach, Carlo Ancelotti could reportedly face over four years in prison after prosecutors in Madrid charged him with having defrauded the Treasury to the tune of over £854,000 (€1million), according to reports in Spain. The Italian manager is said to have not paid the necessary tax during his …

When Yellow abruptly shuttered its operations in the summer and filed for bankruptcy protection, few thought that a buyer would emerge and try to revive the long-troubled trucking giant. But a prominent trucking executive has assembled a last minute plan to acquire Yellow out of bankruptcy — a proposal that …

Treasury Secretary Janet L. Yellen will hold two days of high-level meetings with her Chinese counterpart, Vice Premier He Lifeng, this week, as the United States and China look to build upon an effort that started earlier this year to improve communication between the world’s two largest economies. The meetings …

Minister of the FCT, Nyesom Wike has announced that President Bola Tinubu has removed the Federal Capital Territory (FCT) Administration from the Treasury Single Account (TSA).   Nyesom Wike who made the announcement during a media briefing in Abuja on Friday, October 13, said the move has now effectively given …

Minister of the FCT, Nyesom Wike has announced that President Bola Tinubu has removed the Federal Capital Territory (FCT) Administration from the Treasury Single Account (TSA).   Nyesom Wike who made the announcement during a media briefing in Abuja on Friday, October 13, said the move has now effectively given …

Governor Ahmed Aliyu of Sokoto State has said that he inherited an empty treasury from his predecessor, Aminu Tambuwal.   Aliyu who made the claim while responding to Deputy Speaker of the House of Representatives, Benjamin Kanu’s question on how he was able to execute 100 projects in his first …

By Bethany Blankley (The Center Square) The U.S. Treasury Department’s Office of Foreign Assets Control sanctioned eight Mexican companies and three members of the violent Mexican cartel, Cartel de Jaslisco Nueva Generacion (CJNG), for targeting Americans and others in a timeshare fraud scam in and near Puerto Vallarta, Jalisco, Mexico. Scam …

Popular Nigerian comedian, Adebowale Adebayo aka Mr. Macaroni, on Saturday slammed Nigerian politicians for stealing public funds to enrich themselves impoverish the citizens. In a post on his Twitter handle, Macaroni urged Nigerians to educate themselves on political issues and prepare adequately for the 2023 general elections. He charged Nigerians …