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Payment security remains biggest barrier to bankable gas, Power projects — FirstCap MD

By Babajide Komolafe Managing Director/CEO of FirstCap Limited, Mr. Ukandu E. Ukandu, an investment banking firm and subsidiary of First HoldCo Plc., has reaffirmed that payment security remains the most decisive factor in determining whether gas and power projects in Nigeria secure financing. He shared this perspective during a panel discussion on project bankability at the […]

How we‘ll achieve $1trn economy — Uzoka-Anite 

By Emma Ujah,    Abuja  Bureau Chief The Minister of State for Finance, Dr. Doris Uzoka-Anite, has said that President Bola Tinubu’s target of $1 trillion economy by 2030 cannot be achieved by government efforts alone. Addressing the Annual General Meeting (AGM) of the Finance Correspondents Association of Nigeria (FICAN), in Abuja, yesterday, she said that […]

Personal pension savings stagnant, records 92.4% unfunded accounts

By Rosemary Iwunze Despite efforts by the National Pension Commission, PenCom, to encourage personal pension savings, total of 191,240 Personal Pension Plan (PPP), about 92.4 percent of the 206,917 registered PPP accounts are unfunded as at third quarter 2025, Q3’25. According to figures released by PenCom, only 15,677, representing 7.6 per cent of PPP were funded […]

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