By Okeoghene Akubuike The African Export-Import Bank (Afreximbank) and its subsidiaries (the Group) recorded a 30 per cent increase in net income to 534.7 million dollars in the first half of 2026. The bank disclosed this in a statement issued by Vincent Musumba, Communications and Events Manager, Afreximbank, on Wednesday,Continue Reading
By Adeola Akinbobola Mr Sunday Oduntan, the Executive Director and Chief Executive Officer of Association of Nigerian Electricity Distributors (ANED), says high commercial lending rates make financing power-sector infrastructure difficult. Speaking in an interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja, Oduntan calledContinue Reading
By Vivian Emoni Dr Mohammed Shehu, Chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), says the commission has completed reviews of the revenue allocation formula and remuneration for political, public and judicial office holders. This is contained in a statement by Hajia Maryam Yusuf, Head, Information and PublicContinue Reading
By Vivian Emoni The Abuja Chamber of Commerce and Industry (ACCI) has urged the Tertiary Education Trust Fund (TETFund) to support a world-class Gemology Laboratory and Jewellery Making Centre. The appeal was made on Thursday during a working visit by the TETFund National Research Fair and Exhibition CommitteeContinue Reading
By Adeola Akinbobola The Abuja Electricity Distribution Company (AEDC) says electricity theft, including meter bypass and tampering is a major cause of commercial and technical losses within the electricity distribution network. The Managing Director and Chief Executive Officer AEDC, Chijioke Okwuokenye, said this in an interview with the News AgencyContinue Reading
By Vivian Emoni A former World Bank Senior Education Specialist, Dr Tunde Adekola, has urged Nigerian artisans to embrace Industrial Training Fund (ITF’s) SUPA programme to improve skills and access global opportunities. Adekola disclosed this in Abuja on Wednesday, during a joint tour of the ITF Model SkillsContinue Reading
By Adeola Akinbobola The Nigerian Insurers Association (NIA) has outlined a comprehensive strategy aimed at increasing insurance penetration in Nigeria. The Chairman of NIA, Mrs Ebelechukwu Nwachukwu, said this in an interview with the News Agency of Nigeria (NAN) on Monday in Abuja. She said that the strategy would runContinue Reading
By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says it is pursuing institutional reforms and digital transformation to improve revenue monitoring, transparency and fiscal governance. The Chairman of the commission, Dr Mohammed Shehu, disclosed this in an interview with the News Agency of Nigeria (NAN)Continue Reading
By Adeola Akinbobola The Petroleum Technology Development Fund (PTDF) has reaffirmed its commitment to support President Bola Tinubu’s Renewed Hope Agenda which targets a $1 trillion economy by 2030. Prof. Shu’aibu Aliyu, the Executive Secretary, PTDF and Chairman, Governing Council, said this while inaugurating academic programmes review committee for GeneralContinue Reading
By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has reaffirmed its commitment to protecting oil and gas host communities through stronger oversight of operators’ statutory obligations. RMAFC Chairman, Dr Mohammed Shehu, gave the assurance on Thursday during an investigative hearing into Sterling Oil Exploration andContinue Reading
