By SebastineObasi The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company (NDPHC), Mrs Jennifer Adighije, has said the appointment of two new Executive Directors will further strengthen the company’s leadership and accelerate the implementation of its strategic objectives. The appointments, according to her, form part of NDPHC’s commitment to reinforcing corporate […]

By ObasEsiedesa, Abuja The Federal Government (FG) on Monday expressed confidence that Nigeria would successfully scale through the 2026 validation of the Extractive Industries Transparency Initiative, EITI, saying reforms in transparency, accountability and governance have positioned the country for a favourableoutcome. The Secretary to the Government of the Federation, SGF, and Chairman of the National Stakeholders […]

By Peter Egwuatu Pension assets invested in the Federal Government of Nigeria, FGN, debt securities rose 17.5% Year-on-Year, YoY, to N17.479 trillion in May 2026 from N14.468 trillion in the corresponding period 2025, according to data from the National Pension Commission, PenCom. Financial analysts said the development is driven by high interest environment in the financial […]

…Disburses over N600bn through BoI to support business By Yinka Kolawole The Federal Government has captured more than 500,000 Micro, Small and Medium Enterprises (MSMEs) in a national database as part of efforts to strengthen industrial development, improve policy planning and enhance Nigeria’s competitiveness in regional and global trade. This is even as over N600 billion has […]

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has reinforced its position as one of the continent’s leading financial institutions after emerging as Nigeria’s Best Bank for Retail and Sustainability Leadership (ESG) at the prestigious 2026 Euromoney Awards for Excellence.  The awards, presented on Thursday, July 17, 2026, at The Peninsula London in the United […]

…Unveils digital complaint portal, call centre By Emeka Anaeto, Business Editor As the Federal Government pushes ahead with its comprehensive fiscal realignments, a critical missing link in the nation’s tax ecosystem has finally been plugged with the formal operationalisation of the Office of the Tax Ombud. The move is designed to safeguard corporate and individual taxpayers […]

By Cynthia Alo Access Bank Plc has launched a new artificial intelligence (AI)-powered application, Access SME App, designed to help Small and Medium-sized Enterprises (SMEs) manage their daily business operations from a single application. The app was formally unveiled during the bank’s maiden SME conference held over the weekend in Lagos themed, “AI for SMEs: Scaling […]

By Obas Esiedesa The Rural Electrification Agency (REA) has unveiled plans to establish 3.7 gigawatts (GW) of local solar photovoltaic (PV) panel manufacturing capacity by the end of 2027 as Nigeria intensifies efforts to expand electricity access and reduce dependence on imported renewable energy equipment. Managing Director of the agency, Engr. Abba Aliyu, disclosed the initiative […]

By Peter Egwuatu  The Nigerian stock market maintained a bullish run Week-on-Week, WoW, on renewed demand for large-capitalised stocks pushing the benchmark Nigerian Exchange Limited, NGX All-Share Index (ASI)  to 247,357.40 points. The positive reading reflected the stronger investor appetite for selected blue-chip and fundamentally strong stocks, with gains concentrated across the banking, consumer goods and […]

Many traders and artisans also expressed ignorance of the scheme or how it works, even as the National Pension Commission, PenCom, pledged to expand awareness