Finance
Nigeria secures African Central Bank, AMI board seats
The Minister of Foreign Affairs, Yusuf Tuggar, said that Nigeria has been granted a permanent seat on the Board of the African Central Bank, and also secured representation on the Board of the African Monetary Institute through the Technical Convergence Committee.
Tuggar, in a statement on Friday, said that the approvals were announced during the 39th Session of the Executive Council of the African Union.
“A major highlight of the session was the Council’s agreement to grant Nigeria a permanent seat on the Board of the African Central Bank. This landmark development underscores Nigeria’s strategic role in shaping Africa’s financial architecture.” said Tuggar.
According to the ministry, the decision reflects Nigeria’s “technical capacity, economic significance, and commitment to advancing Africa’s monetary integration agenda.”
Tuggar added that the outcomes further consolidate the country’s leadership role in promoting economic integration, institutional development, and democratic governance across the continent.
-
Finance1 day agoUBA seeks jail term for WEMPCO directors, intensifies N61bn loan recovery drive
-
News1 day agoZenith Bank expands tech fair reach with first ever virtual edition, focuses on AI
-
Oil and Gas1 day agoBayelsa suspends oil firm’s land acquisition over fatal community dispute
-
News1 day agoTop 20 Ecobank’s InnovateX finalists emerge for ₦20m prize money
-
Industry1 day agoMAN summit to tackle high energy costs for manufacturers
-
Oil and Gas1 day agoOil falls as Middle East talks outweigh concern over fresh strikes
-
News1 day agoNigeria panel says 37 detained miners died from overcrowding and neglect
-
News1 day agoLagos E-Commerce Crackdown: Sanwo-Olu targets deceptive online vendors, fraud