CBN acquires FG’s N12.4bn shares in NSPMC Mathew Dadiya, Abuja
The Central Bank of Nigeria (CBN) and the Bureau of Public Enterprises (BPE) have reached an agreement for the sale of the Federal Government’s N12.4 billion shares in Nigerian Security Printing and Minting company (NSPMC) to CBN.
A total of 20.1 percent shares out of its 30.2 percent was sold to the CBN while government would retain an equity holding of 10.1 per cent The agreement was signed on Tuesday at a meeting chaired by the Vice President Yemi Osinbajo, who is the Chairman, National Council on Privatisation (NCP), Continued on page 3
WEDNESDAY, SEPTEMBER 19, 2018
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