Tag Archives: Sovereign wealth fund

Ngozi Okonjo-Iweala And The Controversial Appointments by Yushau A. Shuaib

By Yushau A. Shuaib I still wonder how the Coordinating Minister for the Economy and the Honourable Minister of Finance, Dr. Ngozi Okonjo Iweala is in the eye of the storm. Her grandiose title is not a mere tautology as … read more »

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RE: Okonjo Iweala: Nigeria’s Weakest Link

By Ayodeji Sunday  My attention was drawn to an article (Ngozi Iweala: Nigeria’s Weakest Link) by one Sonala Olumhense. After reading the piece, I concluded that only someone who has absolutely no regard for conscience and truth could have attempted … read more »

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Nigerian Senate recess delays naming of cabinet

The naming of Nigeria’s new cabinet could take several more weeks because the Senate has gone on recess, undermining President Goodluck Jonathan’s hopes of having a new administration in place quickly. Jonathan’s ministerial choices are being closely watched by both … read more »

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Nigerian President signs $29.2B budget, wealth fund days before new term in office

LAGOS, Nigeria — Nigeria’s president has signed a new budget two days before the start of a new term at the helms of Africa’s most populous country. Nigerian state TV showed President Goodluck Jonathan signing the $29.2 billion budget Friday … read more »

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Nigerian parliament passes wealth fund bill

Nigeria’s House of Representatives passed a bill to create a sovereign wealth fund on Tuesday, paving the way for Africa’s biggest oil exporter to improve its management of often-squandered crude oil earnings. The bill now needs to be signed by … read more »

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Gulf SWFs back Morocco tourism fund

Three Gulf Arab sovereign wealth funds and UAE-based property developer Al Maabar have raised 15 billion dirhams for a tourism fund that aims to put Morrocco among the world’s top 20 destinations. Omar Bennani, who heads state-controlled Moroccan Touristic Engineering … read more »

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