By Rukayat Moisemhe Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has urged company directors to prioritise consolidation, confidence and stability in the post-recapitalisation phase of the banking sector. Cardoso gave the charge at the induction of new members of the Chartered Institute of Directors Nigeria (CIoD)Continue Reading
Committee By Nana Musa The Federal Government has inaugurated the Joint Planning Committee (JPC) for the 32nd Nigerian Economic Summit (NES32). Th8a marks a milestone in strengthening collaboration with the private sector for national development. The Minister of State, Federal Budget and Economic Planning (FMBEP), Dr Doris Uzoka-Anite, inaugurated theContinue Reading
By Muhyideen Jimoh President Bola Tinubu has nominated Mr Joseph Tegbe as Minister of Power, subject to confirmation by the Senate. The nomination has been transmitted to the Senate for screening and confirmation in accordance with the Constitution. This is contained in a statement issued by Presidential Spokesperson, Mr BayoContinue Reading
By Taiye Olayemi Shareholders of Nigerian Exchange Group Plc (NGX Group) have commended the board and management for the group’s performance and strategic direction in the 2025 financial year. The shareholders gave the commendation during the 65th Annual General Meeting (AGM) of the group in Lagos. They acknowledged the group’sContinue Reading
By Taiye Olayemi The Nigerian stock market closed on a bullish note on Wednesday, recording a gain of N5.554 trillion for investors at the end of the trading session. The rally was driven by increased investor interest in high- and mid-cap stocks, including Airtel Africa, Zichis Agro Allied Industries, UACContinue Reading
By Lucy Ogalue Stakeholders say that effective reforms at the sub-national level are essential for building a stronger economy. They spoke at the Peer-to-Peer Learning Workshop for State Commissioners of Commerce and Heads of Investment Promotion Agencies in Abuja. The workshop was organised by the Presidential Enabling Business Environment CouncilContinue Reading
By Lucy Ogalue Sen. Ibrahim Hadejia, Deputy Chief of Staff to the President, has urged state governments to prioritise implementation of business-enabling reforms to boost investment and economic growth. Hadejia made the call at the close of a Peer-to-Peer Learning Workshop for State Commissioners of Commerce and Heads of InvestmentContinue Reading
By Rukayat Moisemhe Experts in bilateral trade have urged stronger commercial collaboration between Nigeria and the United Kingdom to convert longstanding ties into tangible investments. They made the call on Tuesday in Lagos during the Nigerian-British Chamber of Commerce Members’ Evening and induction ceremony. Mr Sam Abu, Regional Senior PartnerContinue Reading
By Rukayat Moisemhe The Chief Executive Officer of FACCO West Africa, Mr. Femi Adelayo, says indigenous manufacturing is becoming a critical driver of livestock transformation in Nigeria, with the potential to improve food security and support a healthier population. Adelayo disclosed this in an interview with the News Agency ofContinue Reading
By Muhyideen Jimoh The Independent Media and Policy Initiative (IMPI), a policy group, says the reform policies of President Bola Tinubu’s administration are driving higher revenue earnings in Nigeria’s real sector. The group stated this in a policy brief issued on Tuesday by its Chairman, Dr Omoniyi Akinsiju. IMPI saidContinue Reading
