Nigeria seeks co-investment to end energy poverty in Africa

By Emmanuella Anokam The Federal Government has underscored the need to end energy poverty across Africa, calling for co-investment strategies to de-risk energy infrastructure and unlock shared prosperity. The Group Chief Executive Officer, Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr Bashir Ojulari, made the call on Monday at theContinue Reading

Halal economy offers Nigeria trillion-dollar opportunity, says consultant

By Oluwatope Lawanson Mr Adeyemi Aseperi-Shonibare, an integrated marketing consultant, has described Nigeria’s National Halal Economic Strategy as a bold and inclusive pathway to sustainable growth and global competitiveness. Aseperi-Shonibare, Chief Executive Officer of PRIMAA Productions, said this in an interview with the News Agency of Nigeria (NAN) on SundayContinue Reading

Nigeria’s FATF delisting boosts confidence, credibility – NICA

By Grace Alegba The National Institute of Credit Administration (NICA) says Nigeria’s removal from the Financial Action Task Force (FATF) grey list will strengthen investor confidence and enhance the nation’s financial credibility. Prof. Chris Onalo, Registrar and Chief Executive Officer of NICA, told the News Agency of Nigeria (NAN) onContinue Reading

Veritas Kapital optimistic on insurance recapitalisation

By Ginika Okoye Veritas Kapital Assurance Plc has expressed optimism of meeting the sector’s recapitalisation regulatory requirement, both as a matter of timeline and admissible assets acceptable. Mr Babatunde Irukera, the newly elected Chairman, Board of Directors of the company, said this in an interview with the News Agency ofContinue Reading

Experts say .4bn reserves boost Naira, investor confidence

By Simon Akoje Some financial experts say Nigeria’s $43.4 billion external reserves, the highest in five years, signals investor confidence, Naira stability, and stronger support for policies that improve citizens’ welfare. They made this known in interviews with the News Agency of Nigeria (NAN) on Sunday in Lagos, while commendingContinue Reading

Shareholders hail Veritas Kapital’s prompt claims, seek dividend

By Ginika Okoye Shareholders of Veritas Kapital Assurance Plc, have elected the former Executive Vice Chairman of FCCPC, Mr Babatunde Irukera, as the Chairman, Board of Directors of the company. Irukera’s election followed a unanimous decision by the shareholders at the Federal Competition and Consumer Protection Commission’s (FCCPC) 48th AnnualContinue Reading

Market rebounds with N285bn gain

By Taiye Olayemi The Nigerian stock market rebounded on Friday, ending four straight sessions of losses with a N285 billion lift to investors’ portfolios. Renewed interest in stocks such as Julius Berger, Learn Africa, Cornerstone Insurance, Aso Savings and Ikeja Hotel boosted sentiment. The Nigerian Exchange market capitalisation, which openedContinue Reading