The federal government has introduced a new national initiative aimed at promoting accountability, high performance, and strong corporate governance across its portfolio of state-owned enterprises. The initiative, known as the MOFI Excellence Awards, is the first event dedicated to recognising outstanding governance practices and institutional performance within Federal Government-owned and linked enterprises. Speaking at the…
Nigeria’s Vice-President, Kashim Shettima, has called on state authorities, federal institutions and the private sector to step up efforts to make the country more attractive for business, insisting that sustained collaboration is vital for economic reform. Shettima delivered the message in Abuja at the Presidential Enabling Business Environment Council (PEBEC) Gala and Awards Night, an…
The Association of the Agriculture Forum has praised the Managing Director of the Nigerian Agricultural Insurance Corporation, Mr Danfulani Yazid, for what it described as his “fresh energy” and transformative leadership. The commendation was contained in a statement signed by the Forum’s spokesperson, Mr Idoko Ochie, and circulated to journalists in Abuja on Friday. The…
In a significant move for Nigeria’s fuel market, the Dangote Refinery has reduced the price of Premium Motor Spirit, commonly known as petrol, by 49 naira per litre. The refinery now sells the product at 828 naira per litre, down from its previous price of 877 naira. This price reduction, which represents a 5.6…
Vice-President Kashim Shettima arrived in Katsina State on Monday to inaugurate the National Micro, Small and Medium Enterprises (MSMEs) Clinic. His aircraft landed at the Umaru Musa Yar’adua International Airport at about 5 p.m. The News Agency of Nigeria (NAN) reports that the MSMEs Clinic is designed to bring together entrepreneurs, financial institutions, and regulatory…
The governments of Jigawa, Katsina, and Kano states have entered into a strategic alliance to establish a tri-state electricity market and acquire equity in Future Energies Africa (FEA), the core investor in the Kano Electricity Distribution Company (KEDCO). The Jigawa State Commissioner for Information, Youth, Sports and Culture, Sagir Musa, disclosed this during a press…
Nearly eight in ten informal businesses in Nigeria have experienced an increase in operating costs over the past year, according to the Moniepoint Informal Economy Report 2025, released in Abuja on 17 October. The report revealed that 79 per cent of business owners in the informal sector attributed the rise in expenses to soaring supplier…
Moniepoint Inc. says it is collaborating with the Federal Ministry of Industry, Trade and Investment and the Corporate Affairs Commission (CAC) to make it easier for informal businesses to formalise their operations. Mr. Tosin Eniolorunda, Group Chief Executive Officer and Co-founder of Moniepoint Inc., disclosed this during the unveiling of the company’s Informal Economy Report…
The Arewa Agricultural Forum has commended the Managing Director and Chief Executive Officer of the National Agricultural Insurance Corporation, Hon. Yazeed Shehu Danfulani, for reaffirming his commitment to President Bola Tinubu’s Renewed Hope Agenda. The Secretary of the forum, Abdulwahab Kure, in a statement issued in Kaduna on Monday, said Danfulani’s support would strengthen the…
Global and local leaders in the building, design and construction industries are set to converge in Lagos for the Ecobank Build and Design Expo 2025, a premier exhibition spotlighting innovation and excellence in the sector. According to a statement by Ecobank’s Head of Corporate Communications, Mr. Austene Osokpor, the five-day event will run from September…
