By Okeoghene Akubuike Taimur Samad, World Bank’s Acting Country Director for Nigeria, says the Nigerian economy is improving due to the country’s commitment to sustained reforms. Samad made this statement based on the latest Nigeria Development Update (NDU) report, titled “Building Momentum for Inclusive Growth”, released on Monday in Abuja,Continue Reading
By Emmanuella Anokam Alfa Designs Nigeria Ltd., a leading oil and gas company, says it is set to deploy Compressed Natural Gas (CNG) cascade to proximity areas to spur its availability in the country. The Group Managing Director/Chief Executive Officer of the company, Mr Quadri Fatai, disclosed this in anContinue Reading
By Aisha Cole The Nigerian Ports Authority (NPA) has denied allegations of corruption, insisting that misapplication of budgetary provisions is impossible under its strict regulatory framework. NPA’s General Manager, Corporate and Strategic Communications, Ikechukwu Onyemekara, said this in Lagos. Onyemekara stated that the Authority’s budget and spending undergo close monitoringContinue Reading
The Debt Management Office (DMO), on Monday hosted an investor meeting for the issuance of N300 billion series seven Sovereign Sukuk issuance in Abuja. The Director-General of the DMO, Patience Oniha, said that since inception in 2017, Sukuk had become a product of choice for non- interest investors in theContinue Reading
By Martha Agas The Mining Cadastre Office (MCO) says it generated N10.9bn between January and April 2025. The Director-General of the MCO, Mr Stephen Nkom, disclosed this in a statement issued by the Head of Press of the organisation, Mrs Grace Okeke, on Sunday in Abuja. Nkom explained that theContinue Reading
By Taiye Olayemi Coronation Capital Ltd. on Saturday advised African entities to prioritise funding African projects for sustainable growth. Its Managing Partner, Kayode Akindele, made the call while speaking with the News Agency of Nigeria in Lagos. Akindele said that this wasContinue Reading
By Taiye Olayemi The Chairman of the Senate Committee on Establishment and Public Service, Sen. Oluwole Fasuyi, has urged pension operators to strengthen collaboration for better contributor welfare. Fasuyi made this call on Saturday at the inaugural leadershipContinue Reading
By Taiye Olayemi Coronation Group has reaffirmed its dedication to Africa’s transformation, committing to impactful initiatives that support sustainable development and long-term prosperity across the continent. Mr Wole Onasanya, Group Chief Executive Officer, stated on Sunday that Coronation will return as GoldContinue Reading
By Ginika Okoye Shareholders have appealed to the Securities and Exchange Commission (SEC), registrars and stockbrokers to make the claiming processes of unclaimed dividends easy, seamless and less cumbersome. Some of the shareholders who spoke to the News Agency of Nigeria (NAN) in Abuja on Sunday said that making theContinue Reading
Rebuttal By Raji Rasak The Seme Area Command of the Nigeria Customs Service (NCS), has dismissed the allegation of releasing poisoned rice seized from smugglers, which had reportedly resulted in multiple deaths in the town. The spokesman for the command, CSC Isah Sulaiman, denied the allegation in a statement onContinue Reading
