By Olawunmi Ashafa The Nigeria Economic Summit Group (NESG) says the nation’s current economic reforms must now shift decisively from stabilisation efforts to policies that attract investment, boost productivity, and deliver inclusive growth. Its Chairman, Mr Yusuf Olaniyi, said this at the launch of the 2026 Private SectorContinue Reading
By Olawunmi Ashafa The Federal Government says it is now shifting its focus from policy reforms to creating a more stable and predictable environment that can attract investment, as Nigeria moves into a critical phase of its economic transition. The Minister of Finance and Coordinating Minister of the Economy, TaiwoContinue Reading
By Adekunle Williams and Adeyemi Adeleye The Comptroller-General of the Nigeria Customs Service, Mr Bashir Adeniyi, has pledged to build a multimedia resource centre and radio station for the Nigerian Institute of Journalism (NIJ). Adeniyi made the pledge during his acceptance speech after receiving a fellowshipContinue Reading
By Abiodun Lawal The Federal Government says the new 480-megawatt Abeokuta substation under construction in Ogun will be delivered and inaugurated by December. The Managing Director/Chief Executive Officer of FGN Power Company, Mr Kenny Anuwe, gave the assurance on Thursday during an inspection of the ongoing Abeokuta substationContinue Reading
By Taiye Olayemi Wema Bank Plc says its profit before tax rose to N221.85 billion in the 2025 financial year, representing a 116 per cent increase compared with N102.51 billion recorded in 2024. The bank disclosed this in a statement on Wednesday in Lagos. It said its 2025 performance reflectedContinue Reading
By Taiye Olayemi Claver Gatete, UN Under-Secretary-General, Economic Commission for Africa (ECA) says Africa must urgently overhaul health financing as aid declines and debt pressures tighten fiscal space across the continent. Speaking in Tangier, Morocco, on Wednesday, Gatete said, “The era of aid as the primary source of health financingContinue Reading
By Taiye Olayemi The Pension Industry Leadership Council has reaffirmed its commitment to repositioning pension funds as active drivers of Nigeria’s economic development, moving beyond their traditional role as passive investment vehicles. Director-General of the National Pension Commission (PenCom) and Chairman of the Council, Ms Omolola Oloworaran,Continue Reading
By Taiye Olayemi UAC of Nigera reported a 39 per cent decline in profit for the 2025 financial year to N9.91 billion, down from N16.31 billion recorded in 2024. This is according to the company’s audited financial statements for the year ended, Dec. 31, 2025, as released to theContinue Reading
By Oluwaseun Nubi The Federal Competition and Consumer Protection Commission (FCCPC) has intensified its market sensitisation campaign aimed at promoting consumer awareness and strengthening regulatory compliance across key commercial centres. Mrs Olubunmi Otti, Zonal Coordinator, South-West Zonal Office, during a market sensitisation programme on Thursday in Lagos, said the initiativeContinue Reading
By Abiodun Lawal Dr Tomi Coker, Commissioner for Health in Ogun, has called for deliberate government investment in training doctors in leadership and management, beyond clinical expertise. Coker made the call on Saturday in Abeokuta at the Global African Women in Medicine (GAWIM) Summit. TheContinue Reading
