The Minister of the Federal Capital Territory, Nyesom Wike, has dismissed claims by local contractors that his administration owes them N5.2 billion, saying the debts were from irregular contracts awarded …
Economy
- CorruptionEconomyGovernanceInfrastructurePoliticsPublic Finance
- BusinessEconomyInsuranceNigeriaRegulation
NAICOM, SEC Strengthen Partnership to Drive Insurance Industry Recapitalisation
The ongoing recapitalisation of Nigeria’s insurance industry received a major push on Tuesday as the National Insurance Commission (NAICOM) and the Securities and Exchange Commission (SEC) pledged to work more …
- BusinessEconomyFinanceGOVERNMENTMonetary PolicyNigeria
Finance Minister Wale Edun, CBN Governor Cardoso Pledge Stronger Policy Coordination to Boost Economy
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, have pledged closer coordination …
- AfricaAfrican AffairsArts & CultureAviationBusinessEconomyTravel & Tourism
Finchglow Holidays Partners Ethiopian Airlines to Boost Nigeria-Ethiopia Travel and Tourism
Finchglow Holidays, one of Nigeria’s leading travel and tour operators, has entered into a strategic partnership with Ethiopian Airlines and Ethiopian Holidays to expand travel opportunities and improve tourism experiences …
- BusinessEconomyEnergyInnovationManufacturingTechnology
Schneider Electric Pushes Edge Computing and Smart Dashboards to Boost Nigerian Manufacturing
In Nigeria’s manufacturing sector, where daily challenges include poor power supply and unreliable internet, global energy and automation firm Schneider Electric says smarter machines could help industries work better. The …
- BusinessEconomyEducationEnergyInnovationTechnology
Zinox Chairman Calls for Electricity Subsidy in Schools to Boost Digital Growth
Zinox Group Chairman, Leo Stan Ekeh, has urged the Federal Government to subsidise electricity supply for schools and research centres, warning that poor power supply is slowing down Nigeria’s progress …
- BusinessEconomyEnergyGovernanceLabourOil & Gas
Petroleum Retailers Slam NNPC GCEO for Skipping Port Harcourt Refinery Visit
Petroleum retailers in Rivers State have expressed disappointment that the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Bayo Ojulari, failed to visit the Port Harcourt …
- BankingBusinessEconomyEntrepreneurshipFinanceWomen Empowerment
Stanbic IBTC Bank Strengthens Support for Women Entrepreneurs in Nigeria
Stanbic IBTC Bank has restated its commitment to helping Nigerian women grow their businesses, noting that women entrepreneurs play a vital role in the nation’s economy. In a statement released …
- BankingBusiness PoliciesCapital MarketEconomyNigeriaPensionRegulation
PenCom Bars Pension Fund Administrators from Investing in Banks’ AT1 Capital Instruments
The National Pension Commission (PenCom) has issued a strong warning to Pension Fund Administrators (PFAs) against investing workers’ retirement savings in the Additional Tier-1 (AT1) capital instruments of Deposit Money …
- EconomyGovernanceLabourPolicies
NECA and CISLAC Sign Three-Year Pact to Strengthen Labour Rights and Governance in Nigeria
The Nigeria Employers’ Consultative Association (NECA) and the Civil Society Legislative Advocacy Centre (CISLAC) have signed a three-year Memorandum of Understanding (MoU) in Abuja to promote labour rights, improve business …