By Kadiri Abdulrahman The Federation Account Allocation Committee (FAAC) has shared N1.659 trillion, being May 2025 revenue among the Federal Government, States and the Local Government Councils (LGCs). The revenue was shared at the June meeting of FAAC in Abuja on Wednesday. This is according to a communiqué issued atContinue Reading
By Okeoghene Akubuike Experts have called on the Federal Government to expedite the establishment of an Infrastructure Company (Infra-Co) dedicated to critical infrastructure investments. They made the call at the ongoing Nigeria Public-Private Partnership (PPP) Summit organised by the Infrastructure Concession Regulatory Commission (ICRC) in Abuja on Wednesday. The experts,Continue Reading
By Taiye Olayemi Mr Sunny Akhigbe, an entrepreneur and philanthropist, has called for strategic investment in Nigerian youths as a critical pathway to unlocking the nation’s ambition of becoming a one-trillion dollar economy. Akhigbe, founder of “A Boy and His Dream Foundation”, made the callContinue Reading
By Okeoghene Akubuike Development Financial Institutions have commended the Nigerian Government for its commitment to infrastructure development through Public Private Partnerships (PPPs), calling for more collaboration from the private sector. They made the call during the Nigeria Public Private Partnership (PPP) Summit hosted by the Infrastructure Concession Regulatory Commission n(ICRC)Continue Reading
By Rukayat Moisemhe Economic experts on Tuesday urged organisations to embrace technology and build digital resilience to protect against volatility, uncertainties, and global disruptions. The advice was given in Lagos during the Chartered Institute of Directors (CIoD) 2025Continue Reading
By Ginika Okoye Stakeholders in the financial and judicial sectors have called for stronger collaboration in both sectors to drive sustainable economic development in Nigeria. The stakeholders made the call at the 23rd National Seminar on Banking and Allied Matters for Judges, in Abuja. Mr Oliver Alawuba, the Group ManagingContinue Reading
By Joseph Edeh The Presidential Enabling Business Environment Council (PEBEC) says it will commence a nationwide sensitisation tour on June 23 to drive ease of doing business reforms in the country. Zahrah Mustapha-Audu, the Director-General of PEBEC, said this in a statement on Wednesday in Abuja. She said that theContinue Reading
By Muhyideen Jimoh Mr Uzoma Nwagba, Managing Director of the Nigeria Consumer Credit Corporation (CREDICORP), says the scheme is critical to improving the living standards of Nigerians and curbing corruption across the system. Nwagba stated this on Tuesday during a ‘Meet the Press’ event organised by the Presidential Media TeamContinue Reading
By Lucy Ogalue The Government of the United Republic of Tanzania has honoured the President, Africa Development Bank (AfDB) Group, Dr Akinwumi Adesina, for his immense contributions to the country’s economic transformation. The AfDB in a statement on Tuesday, said the Tanzanian President, Samia Hassan, honoured Adesina during a ceremonyContinue Reading
By Lucy Ogalue The Corporate Affairs Commission (CAC) says it has reviewed some of its service fees to enhance service quality, improve efficiency, and sustain digital transformation in its operations. The commission said this in a public notice it issued in Abuja on Tuesday. It said the increment which willContinue Reading
