By Taiye Olayemi The equities market turned positive on Friday after a three-day downturn, ending the week with N425 billion gain for investors. The gain was driven by renewed buying interest in stocks like Beta Glass, FTN Cocoa Processors, UPDC, Veritas Kapital Assurance, Sovereign Trust Insurance and 46 others. MarketContinue Reading
By Grace Alegba The National Institute of Credit Administration (NICA), Chartered, and the National Credit Guarantee Company (NCGC) have called on financial institutions and other stakeholders to collaborate in entrenching a robust credit culture in Nigeria. They made the call on Friday at a sensitisation seminar organised by NICA inContinue Reading
By Olawunmi Ashafa Gov. Bala Mohammed of Bauchi State says true development must go beyond statistics and Gross Domestic Product (GDP) figures to focus on improving citizens’ lives and building a sustainable future. Mohammed, represented by the Secretary to the State Government, Alhaji Aminu Hammayo, inContinue Reading
By Taiye Olayemi Minister of Budget and Economic Planning, Sen. Abubakar Bagudu, says bold economic reforms by the Federal Government are beginning to yield early results and will bring lasting prosperity. Bagudu, who was represented by Mr Felix Okonkwo,Continue Reading
By Taiye Olayemi The Chairman of the Nigerian Economic Summit Group (NESG), Mr Niyi Yusuf, on Tuesday said that Nigeria must embrace a new wave of bold and structural reforms to ensure sustainable growth and prosperity. Yusuf said this at a news conference ahead of theContinue Reading
By Taiye Olayemi The Nigerian stock market bounced back on Monday, wiping out three straight sessions of losses as investors regained N60 billion in value in a single day. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation, which opened at N91.501 trillion, increased by N60 billion or 0.07 per centContinue Reading
By Okeoghene Akubuike The Infrastructure Concession Regulatory Commission (ICRC) has issued guidelines to govern the development and implementation of all Public-Private Partnership (PPP) projects in Nigeria. The move, the News Agency of Nigeria (NAN) reports, is in a bid to overhaul Nigeria’s infrastructure delivery processes through PPPs. Dr Jobson Ewalefoh,Continue Reading
By Lucy Ogalue The Nigeria Export Processing Zones Authority (NEPZA) and the National Drug Law Enforcement Agency (NDLEA) are strengthening their collaboration to enhance oversight and ensure compliance within the country’s Free Trade Zones (FTZs). Dr Olufemi Ogunyemi, Managing Director/Chief Executive Officer of NEPZA, said this during a meeting withContinue Reading
By Taiye Olayemi The Nigerian Insurers Association (NIA) on Monday inaugurated its 2025 Innovation Lab, a facility designed to accelerate digital solutions and reshape insurance practice in the country. Speaking at the launch in Lagos, NIA Chairman, MrContinue Reading
By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has begun the review of the revenue allocation formula, to produce a fair, just and equitable revenue sharing formula for the nation. Dr Mohammed Bello, Chairman of the commission, announced this at a news conference on Monday in Abuja.Continue Reading
