A former Director-General of the Securities and Exchange Commission (SEC), Malam Lamido Yuguda, has called on the government to align Public-Private Partnerships (PPPs) with monetary policy objectives to achieve better economic outcomes. Yuguda, currently Deputy Governor of the Central Bank of Nigeria (CBN), made the call at the 14th inaugural lecture of the Capital Market…
The Nigeria Employers’ Consultative Association (NECA) says businesses across the country are yet to fully experience the expected benefits of the Federal Government’s ongoing economic reforms. Mr Adewale-Smatt Oyerinde, Director-General of NECA, said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja while assessing the administration’s economic performance. Oyerinde…
The African Development Bank (AfDB) has called for stronger investment-led growth strategies to help African economies withstand rising global uncertainty and geopolitical tensions. The recommendation is contained in the 2026 African Economic Outlook presented at the AfDB Annual Meetings in Brazzaville on Tuesday. Prof. Kevin Urama, Chief Economists/Vice President for Economic Governance and Knowledge Management,…
The President of the African Development Bank (AfDB), Sidi Ould Tah, has called for urgent reforms to unlock Africa’s estimated four trillion dollars in domestic savings. Tah made the call at the official opening of the 2026 AfDB Annual Meetings in Brazzaville, Democratic Republic of Congo on Tuesday. While outlining Africa’s financing challenges and development…
The MainPower Electricity Distribution Limited (MEDL) says it has deployed a new seamless vending and payment system, SuperEdge, in Enugu State. MEDL is a part of the Enugu Electricity Distribution Company (EEDC) covering Enugu State. The Head of Communications, MEDL, Mr. Emeka Ezeh, disclosed this to newsmen in Enugu on Monday. Ezeh said that MEDL…
The British Deputy High Commissioner in Lagos, Jonny Baxter says growing fintech collaboration between Nigeria and the UK is helping to address major challenges faced by small businesses. Baxter made the disclosure in an interview with the News Agency of Nigeria (NAN) in Lagos. “UK-Nigeria fintech partnerships are helping to address some of the most…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Federal Government to establish a specialised oil and gas bank to assist independent fuel marketers struggling under the effects of fuel subsidy removal. IPMAN National Publicity Secretary, Mr Chinedu Ukadike, made the appeal during an interview with the News Agency of Nigeria (NAN) in…
The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to stronger collaboration with the National Hydrographic Agency to improve navigational safety and maritime operations across Nigeria’s waterways. The development was announced in a statement released on Sunday by NIMASA spokesman Edward Osagie after a visit by the Hydrographer of the Nation, Olumide…
The Independent Media and Policy Initiative (IMPI) has praised the administration of President Bola Tinubu for achieving what it described as Nigeria’s highest infrastructure spending level in 25 years. In a statement released in Abuja on Sunday, the group’s chairman, Omoniyi Akinsiju, said the current administration had surpassed previous governments in annual capital expenditure. According…
The management of the Federal Capital Territory Internal Revenue Service (FCT-IRS) has reaffirmed its commitment to operational stability, staff welfare and strategic revenue growth. This is contained in a statement issued by the service in Abuja on Tuesday. The management said the statement was to clarify recent reports about planned disruptions by unauthorised external actors….
