Tag: Ngozi Okonjo Iweala

Nigeria’s Okonjo-Iweala Says Bank Rate Cut Would Boost Economy

Nigeria’s economy would benefit from interest-rate easing even though it’s likely that the central bank will keep the key indicator unchanged tomorrow, Finance Minister Ngozi Okonjo-Iweala said. “We would be very grateful if we saw an easing of the interest rate, a little bit, in order to also help more […]

Domestic Debt: FG to Retire N75bn Bonds

The Federal Government is set to retire bonds amounting to N75 billion this week as it moves to jumpstart its strategic plan to tackle the nation’s huge domestic debt through a sinking fund. In the 2013 budget, the Federal Government had outlined a domestic debt management strategy that would enable […]

Investment of SWF to begin March 2013 – FG

The Federal Government on Thursday said it would from March 2013 begin the investment of the Sovereign Wealth Fund as mandated by the Act setting it up. The Minister of Finance, Dr. Ngozi Okonjo-Iweala, said this in a statement issued by her Senior Special Assistant on Communications, Mr. Paul Nwabuikwu. […]