NSIA unveils $300m Renewable Energy Fund
By Emma Ujah, Abuja Bureau Chief The Nigeria Sovereign Investment Authority, (NSIA) has launched the $300 million Nigeria Distributed Renewable Energy (DRE) Fund, a new investment vehicle designed to accelerate private-sector investment in renewable energy and expand electricity access to underserved communities and businesses across the country. The Fund, which reached its commercial launch milestone […]
Stransact to reward 100 varsity students nationwide
Stransact Chartered Accountants has announced plans to reward 100 outstanding graduating students from 20 top Nigerian universities under the Stransact Honours Roll, an initiative designed to recognise academic excellence and prepare high-performing graduates for the workplace. The programme will honour five exceptional final-year students from each university selected from the Times Higher Education (THE) World University […]
FCMB shareholders approve N23.1bn dividend
Shareholders of FCMB Group Plc have approved a total dividend payout of N23.08 billion for the 2025 financial year at the company’s 13th Annual General Meeting (AGM) held in Lagos last week. Shareholders, attending both in person and online, approved all Board resolutions, including the re-election of Mr. Ladi Jadesimi and the ratification of Mrs. Adepeju […]
NSC protects N90.6bn, $1.348m for Nigerian shippers
By Efe Onodjae The Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council (NSC), Dr. Akutah Pius, says the Council protects over N90.60 billion and $1.348 million in economic value for Nigerian shippers through regulatory interventions and dispute resolution. Speaking through a representative at a media engagement with maritime editors and reporters in Lagos, […]
Blue economy: FG calls for state, private sector collaboration
By Providence Ayanfeoluwa The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has called for synergy between the Federal and state governments, private sector and development partners to accelerate the implementation of Nigeria’s National Policy on Marine and Blue Economy, describing sub-national participation as critical to unlocking the sector’s vast economic potential. Oyetola said […]
Stock market sustains loss position as profit-taking wipes out N1.8trn
•Adonri projects monetary tightening in H2’26 By Peter Egwuatu The Nigerian stock market closed lower again last week, making it the third consecutive week decline, pressured by profit-taking in blue-chip stocks. However, the latest loss amounting to 1.8 trillion indicates that the negative position is moderating. Three weeks ago the market took a major hit at […]
