By Kadiri Abdulrahman The outgoing British High Commissioner to Nigeria, Richard Montgomery, on Tuesday, said the economic reforms of President Bola Tinubu would put Nigeria on a better footing in the long term. A statement by Dare Adekanmbi, Special Adviser to the Chairman of the Nigeria Revenue Service (NRS), DrContinue Reading
By Ginika Okoye (NAN) The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, says deposit insurance is a strategic tool for strengthening public trust and promoting economic stability across Africa. Oyedele said this on Tuesday in Abuja at the 2026 International Association of Deposit Insurers (IADI)Continue Reading
By Ginika Okoye Abuja, July 21, 2026 (NAN) The Nigeria Deposit Insurance Corporation (NDIC) is hosting deposit insurers from across Africa to strengthen financial crisis preparedness through knowledge sharing, experience exchange and regional collaboration. The Managing Director of NDIC, Mr Thompson Sunday, said this at the International Association of DepositContinue Reading
By Emmanuella Anokam 31 companies have emerged winners of 37 oil and gas blocks following a keenly contested bidding process at the 2025 Licensing Round held in Abuja. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced the successful bidders at the commercial bid conference held on Tuesday. The News AgencyContinue Reading
By Adeola Akinbobola Abuja Electricity Distribution (AEDC) has announced the resolution of the invasion and encroachment issues affecting the C2 Maitama substation, paving the way for repair works. The Head, Brand Marketing and Corporate Communications of AEDC, Mr Omede Odekina, disclosed this in a statement issued on Tuesday in Abuja.Continue Reading
By Rukayat Moisemhe The Gaming Compliance International (GCI) has called on African governments to strengthen regulatory frameworks and promote licensed online gambling platforms to enhance consumer protection, create jobs and increase public revenue. GCI President, Mr Ismail Vali, made the call in an exclusive report made available to the NewsContinue Reading
By Vivian Emoni The Federal Government says implementation of the Renewed Hope Agenda has attracted more than 24.1 billion dollars in capital importation and generated more than 6.1 billion dollars in non-oil exports. The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, disclosed this in a statementContinue Reading
By Muhyideen Jimoh The Presidential Enabling Business Environment Council (PEBEC) says reforms introduced by the Federal Government are targeting seven-day cargo clearance and 72-hour resolution of business complaints to improve Nigeria’s investment climate. Director-General of PEBEC, Mrs Zahrah Audu, disclosed this on Tuesday at the State House ‘Meet the Press’ Continue Reading
By Adeola Akinbobola Some civil servants in Abuja have urged the Federal Government to release budgetary allocations to its Ministries, Departments and Agencies (MDAs) in order to improve service delivery. They said lack of funds was hampering their determination to deliver on the Renewed Hope Agenda of the President BolaContinue Reading
By Taiye Olayemi The Nigerian stock market gained N1.756 trillion on Monday as sustained buying interest in banking, insurance and industrial stocks lifted key indicators. The rally was driven by strong demand for Custodian Investment, NEM Insurance, BUA Cement, First HoldCo and FTN Cocoa Processors, alongside 27 other equities. MarketContinue Reading
