7 h. ago Africa’s Growth: Private Sector Leaders Seek Integrated Value Chains

At the recent IFC 2025 African Equity Forum in Lagos, themed “Unlocking Value and Scaling Investment in Africa’s Retail and Manufacturing Sectors,” policymakers, global investors, and industry leaders convened to assess Africa’s investment landscape and collaboratively develop strategies to strengthen local value chains. In his keynote address, Chairman of McKinsey Africa, Acha Leke, outlined Africa’s […]

Politics

7 h. ago Experts cautions against idle deposits as banks grow investment securities to N41.7trn

…Say lenders prioritising low-risk instruments over private sector credit By Chukwuma Umeorah   Eight Nigerian banks, including Access Holdings, Zenith Bank, and United Bank for Africa (UBA), have increased their investment securities to a combined N41.78 trillion in the first quarter of 2025, a 1.65 per cent rise from N41.10 trillion in December 2024. As […] The post Experts cautions against idle deposits as banks grow investment securities to N41.7trn appeared first on The Sun Nigeria.

Politics

20 h. ago Benue needs urgent urban renewal, infrastructure to attract private sector – Ityoachimin

From Godwin Tsa, Abuja Godwin Ityoachimin, a former All Progressives Congress (APC) governorship aspirant in Benue State, has called for urgent urban renewal and infrastructural development in major cities like Makurdi, Gboko, and Otukpo to attract private sector investment. Ityoachimin, a retired director in the Federal Ministry of Works and a 2027 governorship hopeful, criticised […] The post Benue needs urgent urban renewal, infrastructure to attract private sector – Ityoachimin appeared first on The Sun Nigeria.

Politics

23 h. ago PPP key to drive shoe, garment for paramilitary agencies – ICRC

From Idu Jude, Abuja The Infrastructure Concession Regulatory Commission (ICRC) has stated that the Federal Government’s Public Private Partnership (PPP) initiative in the shoe and garment sector can meet a significant portion of the uniform needs for Nigeria’s paramilitary agencies. This aligns with President Bola Ahmed Tinubu’s directive to prioritise locally produced goods under his […] The post PPP key to drive shoe, garment for paramilitary agencies – ICRC appeared first on The Sun Nigeria.

Politics

24 h. ago Lawmaker, Others Laud Otti For Prioritising Infrastructure Devt

Thwe chairman, Abia State House of Assembly Committee on Environment and Urban Renewal, Kalu Mba Nwoke has lauded the state governor, Alex Otti for prioritising infrastructure development in the state. Nwoke spoke with LEADERSHIP Sunday yesterday while inspecting the ongoing reconstruction of Asaga-Amuke Road and an abandoned bridge project in Ohafia local government area. “This […]

Politics

3 d. ago How Lagos became the beating heart of Nigeria’s private sector

Since the 2023 presidential election in Nigeria, many supporters of Bola Tinubu—Nigeria’s president and former governor of Lagos—have attributed the read more How Lagos became the beating heart of Nigeria’s private sector

Politics

4 d. ago Climate Adaptation Network Goes Global As CABA Welcomes Fiji, Rwanda, Pakistan

In a historic move toward fostering private-sector–led climate resilience, the Climate Adaptation Business Alliance (CABA) has officially unveiled yesterday, a high-profile event in Nairobi, Kenya. This rebranding signifies a pivotal expansion from the original Africa-focused network into a truly global coalition, with Fiji, Rwanda, and Pakistan joining as founding members. The event, organized by the […]

Politics

5 d. ago Experts: Youth entrepreneurship vital to Nigeria’s economic growth

•Urge greater MSME funding, support From  Adanna Nnamani, Abuja Economic experts have called on the government, private sector and citizens to prioritise youth entrepreneurship as a national development strategy, stressing that the future of Nigeria’s economy depends on the success of its young innovators and job creators. The stakeholders made the call at the launch […] The post Experts: Youth entrepreneurship vital to Nigeria’s economic growth appeared first on The Sun Nigeria.

Politics

1 week ago Not all Nigerian workers are earning new Minimum Wage –Kayode Alakija, President SSASCGOC

  By Bimbola Oyesola   This may sound strange, more-so when the new Minimum Wage has come into force for almost a year now. But those affected are not just private sector employees, but workers in government agencies and parastatals. According to the President of the Senior Staff Association of Statutory Corporations and Government Owned […] The post Not all Nigerian workers are earning new Minimum Wage –Kayode Alakija, President SSASCGOC appeared first on The Sun Nigeria.

Politics

1 week ago Nigeria’s N1.5 trillion HDMI road project nears completion – Finance Minister

From Adanna Nnamani, Abuja The federal government is finalising a N1.5 trillion road concession project under the Highway Development and Management Initiative (HDMI), launched in 2021. The initiative involves private sector partners reconstructing and managing nine major highways across Nigeria, spanning approximately 900 kilometres, through 25-year concession agreements. On Wednesday, April 30, Minister of Finance […] The post Nigeria’s N1.5 trillion HDMI road project nears completion – Finance Minister appeared first on The Sun Nigeria.

Politics

1 week ago Tinubu hails Dangote’s appointment into World Bank investment lab

President Bola Tinubu has described Aliko Dangote’s appointment to the World Bank’s Private Sector Investment Lab, as “apt”, given his read more Tinubu hails Dangote’s appointment into World Bank investment lab

Politics

1 week ago Tinubu congratulates Dangote on World Bank appointment, hails his transformative impact

From Juliana Taiwo-Obalonye, Abuja President Bola Tinubu has congratulated President of the Dangote Group, Aliko Dangote, on his recent appointment to the World Bank’s Private Sector Investment Lab, describing the recognition as well-deserved and timely. The lab is a high-level advisory body focused on promoting private investment and job creation in emerging economies. In a […] The post Tinubu congratulates Dangote on World Bank appointment, hails his transformative impact appeared first on The Sun Nigeria.

Politics

1 week ago Tinubu Hails Dangote’s Appointment To World Bank Investment Lab

President Bola Tinubu has congratulated the President of Dangote Group, Alhaji Aliko Dangote, on his appointment to the World Bank’s Private Sector Investment Lab, a body tasked with promoting investment and job creation in emerging economies. The President in a statement by his spokesman, Bayo Onanuga, described the appointment as apt, given Dangote’s rich private […]

Politics

1 week ago Public Sector Deficit Biggest Threat To $1trn Economy Goal – NACCIMA

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the Organised Private Sector of Nigeria (OPSN) have warned that Nigeria’s growing public sector deficit poses the most significant threat to achieving the federal government’s $1 trillion economy target by 2030. Recall that the 2025 budget deficit, estimated at over N13 trillion […]

Politics

1 week ago Nigeria’s Petroleum Industry Attracts More Investment, Expansion

  Nigeria’s Petroleum Industry is attracting exponential private sector-led investment drive, indicating positive policy initiatives by the federal government. The current policy drive was spuring private sector investment, especially in the downstream oil industry. This is coming as Sunbeth Energies Limited has commenced key investment drive to boost Nigeria’s energy sector growth. The firm has […]

Politics

1 week ago 2025 budget didn’t address critical power sector reforms –NESG

By Uche Usim The Nigerian Economic Summit Group (NESG) has raised concerns that the 2025 budget proposal has failed to sufficiently address the critical need for electricity tariff reforms. The group warned that this oversight could undermine efforts to attract private-sector investment and compromise the financial sustainability of the power sector. In a report titled […] The post 2025 budget didn’t address critical power sector reforms –NESG appeared first on The Sun Nigeria.

Culture

2 w. ago Federal Gov’t To Launch Agribusiness Policy To Stabilise Food Prices

The Federal Government is set to launch the National Agribusiness Policy Mechanism (NAPM) to strengthen agricultural productivity, stabilise food prices, and drive economic growth. The NAPM is part of broader initiatives aimed at transforming the country’s agricultural sector through data-driven policies and public-private partnerships. Vice President Kashim Shettima disclosed this while speaking on Friday in […]

Economics

2 w. ago Nigeria’s private sector credit trails African peers amid tepid recovery

Nigeria’s private sector credit extension remains significantly lower than that of its sub-Saharan African peers, despite recording a modest recovery read more Nigeria’s private sector credit trails African peers amid tepid recovery

Politics

2 w. ago ‘I Am Honoured, Excited’, Dangote Reacts To World Bank Appointment

The President and Chief Executive of the Dangote Group, Aliko Dangote, has confirmed his appointment to the World Bank’s Private Sector Investment Lab, which is responsible for enhancing investment and creating jobs in emerging economies. In a statement confirming his acceptance, Dangote reiterated his dedication to promoting sustainable economic growth through private sector-driven investments, emphasising […]

Politics

2 w. ago Dangote Joins World Bank’s Investment Lab To Boost Job Creation

President and Chief Executive of the Dangote Group, Aliko Dangote, has been appointed to the World Bank Group’s Private Sector Investment Lab (PSIL) the group moved into the next phase of its focus on implementing large-scale, job-generating investments in emerging markets. The PSIL has identified five strategic pillars—regulatory and policy certainty, political risk guarantees, foreign […]

Politics