By Okeoghene Akubuike The Director-General, Bureau of Public Procurement (BPP), Dr Adebowale Adedokun, says the bureau is committed to strengthening the economy through procurement reforms and implementing the ‘Nigeria First’ policy. Adedokun said this in a statement by Zira Nagga, Head of Press and Public Relations, BPP, in Abuja onContinue Reading
By Taiye Olayemi Agusto & Co. has assigned a “Bbb-” long-term rating with a stable outlook to Universal Insurance Plc, citing the company’s long operating history, improved profitability and sound underwriting performance. The rating agency in a statement on Monday, said the insurer’s strong solvency position, with a margin ofContinue Reading
By Grace Alegba Swede Control Intertek Ltd., an ISO-certified pre-shipment inspection firm, has projected a positive outlook for Nigeria’s export sector in 2026. It also cited stronger compliance, quality assurance, and government reforms as key drivers. Its Managing Director, Mr Folarin Familusi, made the disclosure on Monday during a virtualContinue Reading
Dangote Cement Plc, Gboko Plant, has rolled out a comprehensive social programme aimed at driving sustainable economic empowerment within its host communities. Speaking on Monday at the ceremony in Gboko, the Head of Social Performance of Dangote Cement Plc, Gboko Plant, Dr Johnson Kor, said the social programmes were conceivedContinue Reading
By Taiye Olayemi The Central Securities Clearing System Plc (CSCS) has appointed Mr Shehu Shantali as its new Chief Executive Officer (CEO), effective Jan. 1, 2026, following the receipt of regulatory no-objection. The company said in a statement on Friday that Shantali would succeed Mr Haruna Jalo-Waziri, who is steppingContinue Reading
By Taiye Olayemi Wema Bank has disbursed N120 million in grants to youth-led startups, aimed at solving the nation’s development challenges through technology. The Managing Director of Wema Bank, Mr Moruf Oseni, who reaffirmed the bank’s commitment to youth-led innovation, said sustained investment in technology and talent is critical toContinue Reading
By Okeoghene Akubuike Abuja, Dec. 21, 2025(NAN) The Bureau of Public Procurement(BPP) has alerted members of the public to a fraudulent Facebook account impersonating its Director-General, Dr Adebowale Adedokun. This is contained in a statement issued by Zira Nagga, Head of Press and Public Relations, BPP, in Abuja on SundayContinue Reading
By Kadiri Abdulrahman Heirs Energies Ltd., has sealed a 750 million dollars financing agreement with the African Export-Import Bank (Afreximbank). The agreement was signed by Mr Tony Elumelu, the Chairman of Heirs Holdings and Dr George Elombi, the President and Chairman of the Board of Directors, Afreximbank, in Abuja onContinue Reading
By Grace Alegba The Centre for the Promotion of Private Enterprise (CPPE) says the assumptions underpinning the 2026 budget are “more conservative, which is good”. Dr Muda Yusuf, CPPE Director and Chief Executive Officer, told NAN by telephone that oil price and output assumptions were largely appropriate. President Bola TinubuContinue Reading
Business leaders have called on entrepreneurs and CEOs to build strong, globally competitive businesses to help drive Nigeria’s goal of becoming a trillion-dollar economy by 2030.
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