The National Sugar Development Council (NSDC) and the Nigerian Export-Import Bank (NEXIM Bank) are partnering to mobilise a long-term, development-oriented financing for the transformation of Nigeria’s sugar industry. The Executive Secretary/Chief Executive Officer, of NSDC, Mr Kamar Bakrin, said thisbwhen he led a delegation to visit the Managing Director of NEXIM in Abuja. Bakrin proposed…
Alhaji Abdul Rabiu, Chairman, BUA Group, has called on African governments and other stakeholders to urgently shift the continent’s economic model from raw materials extraction to large-scale processing/industrial transformation. Rabiu spoke on Tuesday at high-level mining forum convened by the Africa Finance Corporation (AFC), in Cape Town, South Africa. He commended the institution for its…
The Group Managing Director of NNPC Ltd., Mr Bayo Ojulari, has reaffirmed the company’s commitment to strengthening partnerships, building indigenous capacity, and promoting gas as a key driver of Africa’s industrialisation. Ojulari gave the assurance on Tuesday in Lagos at the 10th Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC 2026). The conference, with the…
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has urged Nigerians to rely more on what the country produce to check revenue wastages. Edun made the call on Tuesday in Abuja at the first leadership retreat of the Nigeria Revenue Service (NRS). According to him, it is time for us…
African countries must intensify efforts to reshape global energy conversations by advocating an energy mix that reflects the continent’s development realities, the Minister of State for Petroleum Resources, Mr Heineken Lokpobiri, has said. Speaking at the 10th Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos, Mr Lokpobiri said Africa should not be denied…
The Federal Government has commended the Corporate Affairs Commission (CAC) for continuing to drive private sector growth and boost investors’ confidence through sustained reforms and digital transformation. The Permanent Secretary, Ministry of Industry, Trade and Investment, Amb. Nura Rimi, said this at the 35th anniversary celebration of the CAC in Abuja on Monday. Rimi said…
The Debt Management Office (DMO) has once again been honoured at the 2025 Made-of-Africa Awards by the Nigerian Exchange Group (NGX Group), receiving the “Special Recognition for Capital Market Excellence (Fixed Income)”. The agency made this known in statement on Sunday in Abuja, The statement said that the prestigious honour marked the third consecutive year the…
The Enugu State Government says it generated N406.8 billion Internally Generated Revenue (IGR) for 2025, representing 80 per cent of targeted revenue of N509.9 billion for the year. Mr Emmanuel Nnamani, the Chairman, Enugu State Internal Revenue Service (ESIRS), disclosed this while briefing newsmen on Sunday in Enugu on the revenue performance of the state…
Dangote Refinery says it does not import refined petroleum products into Nigeria, insisting that all petrol and other fuels sold from its operations are fully refined locally. The clarification was made by the Chief Executive Officer of Dangote Refinery, Mr David Bird, during a news conference on Wednesday in Lagos, amid allegations over fuel importation…
The Central Bank of Nigeria (CBN) has published a comprehensive assessment of the country’s fintech landscape, highlighting priorities to sustain innovation, strengthen system integrity, and drive the next phase of digital financial growth. The report examines the scale and maturity of Nigeria’s fintech ecosystem, noting the nation’s leadership in real-time payments and the structural factors…
