30 h. ago Nigerian Petroleum Engineers Institute To Drive Oil Industry Growth

The Nigerian Institution of Petroleum Engineers (NiPeTE), a division of the Nigerian Society of Engineers, has announced plans to rebrand as the Nigerian Institute of Petroleum and Gas Engineers, as part of a strategic move to enhance professionalism and drive growth in Nigeria’s oil and gas sector. Chairperson of NiPeTE, Engr. Prisca Kanebi, disclosed this […]

Politics

40 h. ago Insights From Industry Experts: How Nigeria’s Entertainment Sector Can Drive Economic Growth, Emphasizing The Role of International Partnerships and Content Export

The entertainment sector can be a significant driving factor behind a country’s economic growth. People enjoy watching content, having movie read more Insights From Industry Experts: How Nigeria’s Entertainment Sector Can Drive Economic Growth, Emphasizing The Role of International Partnerships and Content Export

Politics

41 h. ago Low margins, liquidity crunch put Nigeria’s downstream oil sector under pressure

The financial health of Nigeria’s downstream oil sector is coming under fresh scrutiny. Despite robust revenue growth across leading players, read more Low margins, liquidity crunch put Nigeria’s downstream oil sector under pressure

Politics

41 h. ago Zamfara clears N1bn KEDCO debt, expands electrification agency’s mandate

The Zamfara Government has settled a debt of N1 billion owed to the Kaduna Electric Distribution Company. The government also expanded the mandates of the newly established Zamfara Electrification Agency to include improving power supply to unserved and underserved communities in the state. The pioneer Executive Secretary of ZEA, Muzammil Idris, disclosed this in an Read More

Politics

45 h. ago Nigeria needs 2,000 actuaries to support financial sector — FRC

The Financial Reporting Council of Nigeria has emphasised the need for at least 2,000 actuaries to support the country’s financial sector growth. The PUNCH Online reports that currently, Nigeria has only 28 qualified actuaries, which is grossly inadequate for a nation of its size. The Executive Secretary/Chief Executive Officer of FRC, Dr Rabiu Olowo, stated Read More

Politics

51 h. ago FG to partner international agencies for power sector growth –Adelabu

From Isaac Anumihe, Abuja The Federal Government has said it was willing to partner international agencies and other reputable organisations in a bid to lay a solid foundation for a stable, reliable, and effective power supply for Nigeria. Minister of Power, Mr .Adebayo Adelabu, disclosed this when he hosted a team from the World Bank […] The post FG to partner international agencies for power sector growth –Adelabu appeared first on The Sun Nigeria.

Politics

60 h. ago Innovation, technology, infrastructure key to Insurance sector growth

Ekerete Gam-Ikon, deputy commissioner for Insurance, Finance, and Administration, has said that innovation, technology, and infrastructure have been proposed as read more Innovation, technology, infrastructure key to Insurance sector growth

Politics

4 d. ago $1trn economy: CBN insists banking sector essential to power Nigeria’s growth

…says investors responding to FX stability Abuja|| As the race for bank recapitalisation intensifies, the Central Bank of Nigeria (CBN) read more $1trn economy: CBN insists banking sector essential to power Nigeria’s growth

Politics

5 d. ago Hope rises for hospitality industry as IDS Next headlines HMCA 2025 with expert discussions, solutions

Commits to sector growth with event’s 2nd sponsorship Once again, the Nigerian hospitality industry is set to be on global read more Hope rises for hospitality industry as IDS Next headlines HMCA 2025 with expert discussions, solutions

Politics

8 d. ago FG woos French investors with economic reforms, market potential

The Minister of Information and National Orientation, Mohammed Idris, has urged French businesses to seize new investment opportunities emerging from Nigeria’s sweeping economic reforms. Addressing the Nigeria Business Forum in Paris on Thursday, Idris said the country is undergoing a transformation aimed at fostering private-sector growth and deepening ties with international partners, particularly France. The Read More

Economics

9 d. ago FG targets $4bn textile import reduction, revitalises Nigerian garment industry

The Federal Government, through the Ministry of Industry, Trade and Investment, has reaffirmed its commitment to building a robust and responsive policy framework to support the growth of Nigeria’s cotton, textile and garment sector. There are also plans to reduce the nation’s reliance on imported clothing. This initiative aims to localise up to $4bn in Read More

Politics

1 week ago PenCom DG to IMF: N5.51trn pension investments driving Nigeria’s real sector growth

From Adanna Nnamani, Abuja The Nigerian pension industry has allocated N5.51 trillion across various asset classes, strategically supporting long-term financing for the nation’s real sector growth. These investments span critical areas such as infrastructure, private equity, real estate, and subnational initiatives. Ms. Omolola Oloworaran, Director General of the National Pension Commission (PenCom), shared this during […] The post PenCom DG to IMF: N5.51trn pension investments driving Nigeria’s real sector growth appeared first on The Sun Nigeria.

Politics

1 week ago PenCom laments investment gaps amid N5.51tn real sector injection

The National Pension Commission has lamented the limited availability of investable instruments that currently meet the minimum requirements for pension funds’ investments in Nigeria. This is even as the regulator revealed that a total of N5.51tn has been committed to asset classes that support long-term financing for real sector growth. These investments span infrastructure, private Read More

Politics

2 w. ago Soludo’s road projects boosting real estate sector growth in Anambra – Okonkwo

From Aloysius Attah, Onitsha The Chairman and Chief Executive Officer of Majescity Real Estate and Investment, Mr Okwuchukwu Okonkwo, has identified road construction across the hinterlands by Anambra State Governor, Prof. Chukwuma Soludo, as a major boost aiding the growth of the real estate business in the state. Okonkwo, who made this disclosure in Awka […] The post Soludo’s road projects boosting real estate sector growth in Anambra – Okonkwo appeared first on The Sun Nigeria.

Politics

2 w. ago Accountability, Affordability, Key Drivers Of Successful PPPs – FMBN

Managing director/chief executive of the Federal Mortgage Bank of Nigeria (FMBN), Shehu Usman Osidi, has highlighted key successes recorded by the bank in the execution of the Public-Private Partnership (PPP) housing model, leading to its sustainable growth and the housing sector. Osidi disclosed this during a panel session at the maiden edition of the Renewed […]

Politics

3 w. ago Lagos, LIFC Sign Partner City Of UK To Build International Financial Centre

The Lagos State government, in partnership with EnterpriseNGR under the platform of the Lagos International Financial Council (LIFC), on Monday signed a Memorandum of Understanding with City of UK and the Foreign Commonwealth and Development Office (FCDO) for the development of an International Financial Centre in Lagos to drive economic growth. The signing of the […]

Politics

3 w. ago Influx of unqualified practitioners, major challenge in real estate sector —Expert

Tribune Online Influx of unqualified practitioners, major challenge in real estate sector —Expert The influx of unqualified practitioners has been described as a major challenge confronting the real estate industry in Nigeria. This challenge, Director, Monitoring and Compliance, Lagos State Real Estate Regulations Authority (LASRERA), Mrs. Temitope Akinbola, an estate surveyor, said had negatively impacted the sector’s credibility and growth. She urged all stakeholders including investors, developers and […] Influx of unqualified practitioners, major challenge in real estate sector —Expert Tribune Online

Politics

3 w. ago Govt aid to farmers vital for food security, economic growth –Ojone Farms CEO

By Ogechi Ogbochukwu The need to unlock the full potential of  the agricultural sector in sustainable food production as well as impact economic growth has been highlighted by a stakeholder in the sector. The Chief Executive Officer of Ojone Farms, Mr. Ojone Shaibu, a Lagos-based hatchery farmer, made this known in a recent chat with […] The post Govt aid to farmers vital for food security, economic growth –Ojone Farms CEO appeared first on The Sun Nigeria.

Society

3 w. ago Assets size of top ten Nigerian banks surge to record N219.46trn in 9 months

Tribune Online Assets size of top ten Nigerian banks surge to record N219.46trn in 9 months Nigeria’s leading banks have experienced a remarkable surge in their asset base, reaching N219.46 trillion in the first nine months of 2024, ahead of their year-end financial statements. This substantial increase from nearly N150 trillion across the country’s 26 commercial banks in 2023 underscores the banking sector’s robust growth and resilience. This asset expansion highlights […] Assets size of top ten Nigerian banks surge to record N219.46trn in 9 months Tribune Online

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