The Nigerian National Petroleum Company Limited is currently weighed down by crude-backed loan obligations estimated at N8.07tn, based on a detailed review of its 2024 financial statements and capital-commitment records. …
Policies
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Debt Management,EconomyEnergyFinanceGOVERNMENTInfrastructureOil & GasPolicies
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HealthInsuranceNigeriaPolicies
Ultimate Health MD Calls for Nationwide Awareness to Boost Staff Health Insurance Compliance
The Managing Director and Chief Executive Officer of Ultimate Health Management Services, Otunba Lekan Ewenla, has called for a robust nationwide campaign to ensure compliance with the Federal Government’s directive …
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AfricaBusiness and EconomyFinanceInfrastructurePolicies
Africa Eyes $700bn Pension Fund to Boost Infrastructure, Reduce Foreign Debt
by Radarr Adminby Radarr AdminAfrican leaders, policymakers, and investors are pushing for a new continental approach to development financing — one that relies less on foreign debt and more on Africa’s own pension assets, …
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DevelopmentEconomyGlobal DevelopmentGovernancePoliciesTrade
Experts Urge G20 to Tackle Global ‘Inequality Emergency’ as Wealth Gap Widens
Wealth inequality has reached crisis levels globally, threatening democracy, economic stability, and social cohesion, experts have warned ahead of the G20 summit set to take place later this month in …
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BusinessCorporate GovernanceEconomyGOVERNMENTPoliciesTechnology
CAC Defends Registrar-General, Reaffirms Commitment to Transparency Amid Reform Criticism
The Corporate Affairs Commission (CAC) has reaffirmed its commitment to transparency, reform, and efficient service delivery under President Bola Tinubu’s Renewed Hope Agenda, following what it described as a series …
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Debt Management,EconomyFinanceGOVERNMENTNigeriaPolicies
NOA Says Nigeria’s Debt Has Reduced Under Tinubu Despite DMO’s ₦152.4 Trillion Report
The National Orientation Agency (NOA) has said that Nigeria’s debt burden has “significantly decreased” since President Bola Tinubu took office in 2023, dismissing public claims that the country’s debt has …
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EconomyFinanceGOVERNMENTInflationINVESTMENTPolicies
Finance Minister Wale Edun Says Nigeria’s Economy Has Turned the Corner
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has assured Nigerians that the country’s economy is on a recovery path, saying the most difficult period is …
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Climate ChangeEnvironmentFinanceInsurancePoliciesWestern Africa
West African insurers unite to tackle climate risks
Climate change, once seen as a distant global concern, has become a pressing daily reality for many communities in West Africa. The impact is now visible in rising sea levels, …
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DevelopmentEconomyFinanceGlobal NewsIMF ProgrammeInternational RelationsNigeriaPolicies
IMF to Release New World Economic Outlook and Global Financial Stability Reports Today
The International Monetary Fund (IMF) will today, Tuesday, October 14, 2025, unveil its latest World Economic Outlook (WEO) report in Washington, D.C., during a hybrid press briefing as part of …
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BusinessDevelopmentEconomyLabourNigeriaPolicies
NESG warns Nigeria risks 30% unemployment if 27 million new jobs are not created by 2030
The Nigerian Economic Summit Group (NESG) has warned that Nigeria must generate at least 27 million new formal jobs within the next five years or face a surge in unemployment …