By Muhyideen Jimoh The Presidency says ongoing power sector reforms are restoring investor confidence by converting legacy liabilities into bankable investment opportunities. Special Adviser to the President on Energy, Mrs Olu Verheijen, said this on Tuesday in Abuja. She spoke at the Investor Forum for the Presidential Power Sector FinancialContinue Reading
By Adeola Akinbobola The Federal Government has launched a YouthCred initiative to empower over 500,000 young entrepreneurs across the country. The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, stated this at the launch of the initiative on Wednesday in Abuja. Oyedele saidContinue Reading
By Taiye Olayemi The Chartered Insurance Institute of Nigeria (CIIN) and insurance industry chief executives have endorsed the Senate’s passage of a bill to rename the National Insurance Commission (NAICOM) as the Insurance Regulatory Commission (IRC). The stakeholders, who spoke in interviews with the News Agency of Nigeria (NAN), saidContinue Reading
By Ginika Okoye Prof. Uche Uwaleke, the President of the Capital Market Academics of Nigeria (CMAN), has commended the country’s digital banking sector, saying it has become one of the most vibrant in Africa. Uwaleke, however, said in an interview with the News Agency of Nigeria (NAN) in Abuja thatContinue Reading
By Kadiri Abdulrahman The outgoing British High Commissioner to Nigeria, Richard Montgomery, on Tuesday, said the economic reforms of President Bola Tinubu would put Nigeria on a better footing in the long term. A statement by Dare Adekanmbi, Special Adviser to the Chairman of the Nigeria Revenue Service (NRS), DrContinue Reading
By Ginika Okoye (NAN) The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, says deposit insurance is a strategic tool for strengthening public trust and promoting economic stability across Africa. Oyedele said this on Tuesday in Abuja at the 2026 International Association of Deposit Insurers (IADI)Continue Reading
By Ginika Okoye Abuja, July 21, 2026 (NAN) The Nigeria Deposit Insurance Corporation (NDIC) is hosting deposit insurers from across Africa to strengthen financial crisis preparedness through knowledge sharing, experience exchange and regional collaboration. The Managing Director of NDIC, Mr Thompson Sunday, said this at the International Association of DepositContinue Reading
By Emmanuella Anokam 31 companies have emerged winners of 37 oil and gas blocks following a keenly contested bidding process at the 2025 Licensing Round held in Abuja. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced the successful bidders at the commercial bid conference held on Tuesday. The News AgencyContinue Reading
By Adeola Akinbobola Abuja Electricity Distribution (AEDC) has announced the resolution of the invasion and encroachment issues affecting the C2 Maitama substation, paving the way for repair works. The Head, Brand Marketing and Corporate Communications of AEDC, Mr Omede Odekina, disclosed this in a statement issued on Tuesday in Abuja.Continue Reading
By Rukayat Moisemhe The Gaming Compliance International (GCI) has called on African governments to strengthen regulatory frameworks and promote licensed online gambling platforms to enhance consumer protection, create jobs and increase public revenue. GCI President, Mr Ismail Vali, made the call in an exclusive report made available to the NewsContinue Reading
