By Taiye Olayemi Nigerian Economic Summit Group (NESG) has urged policymakers to deepen reforms, strengthen institutions and sustain macroeconomic discipline to convert recent stabilisation gains into durable, inclusive growth from 2026. Chief Economist, NESG, Dr Olusegun Omisakin, made the call on Thursday in Lagos while presenting theContinue Reading
By Taiye Olayemi Nigerian Exchange Group (NGX Group), in partnership with DEG, Germany’s development finance institution, and Africa Foresight Group (AFG), has intensified efforts to help Nigerian companies strengthen climate commitments. The partnership would also unlock access to climate-linked capital estimated at between $2.5 billion and $3.1 billion.Continue Reading
By Taiye Olayemi Lagos, Jan. 15, 2025 (NAN) Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun, says the economy is projected to grow 4.68 per cent in 2026 as the government drives investment-led, inclusive growth aimed at creating jobs and boosting citizens’ welfare. Edun made theContinue Reading
By Yunus Yusuf The Dangote Petroleum Refinery has unveiled an expansion programme to more than double capacity from 650,000 barrels per day to 1.4 million within three years. The Managing Director and Chief Executive Officer, Mr David Bird, disclosed this on Wednesday during an interactive mediaContinue Reading
Dividend By Grace Alegba Lagos, Jan. 12, 2026 (NAN) The Nigeria Deposit Insurance Corporation (NDIC) has declared a second liquidation dividend of N24.3 billion for depositors of the defunct Heritage Bank Ltd., following continued recovery of the bank’s assets. The Central Bank of Nigeria (CBN) hadContinue Reading
By Olawunmi Ashafa Mr Anil Padia, Programme Director, ORUN X Designers, an initiative of Africa Currency Network, says the platform is empowering African artisans to drive production, innovation and global market access. Padia disclosed this to the News Agency of Nigeria (NAN) on the sidelines of the Heirs ofContinue Reading
By Grace Alegba, News Agency of Nigeria (NAN) As Nigeria started the implementation the 2026 tax reforms, millions of low-income workers, small business owners, and everyday Nigerians are watching closely. The Nigerian Tax Act and the Nigerian Tax Administration Act, two of the four laws collectively known as theContinue Reading
By Taiye Olayemi The pension industry is undergoing one of its most significant reform phases since the introduction of the Contributory Pension Scheme. It is driven by tougher regulation, expanded coverage efforts and renewed confidence among retirees. Central to the reforms is Pension Revolution 2.0, which the National PensionContinue Reading
By Taiye Olayemi The insurance industry is addressing long-standing solvency and capacity gaps through phased recapitalisation, a reform designed to strengthen underwriting capacity, restore public confidence and support broader economic growth. Operators say the Nigerian Insurance Industry Reform Act (NIIRA) 2025 provides a gradual transition that enables insurersContinue Reading
By Yunus Yusuf A power expert, Dr Olukayode Akinrolabu, says early improvements in grid stability in 2025 present an opportunity for Nigeria to fix long-standing power sector challenges. He said this in an interview with the News Agency of Nigeria (NAN) on the performance of the power sector in 202SContinue Reading
