Nigeria leads Africa investability gains
•Up four places in Bloomberg’s ranking By Yinka Kolawole Nigeria has emerged as the biggest climber among major African economies in Bloomberg Economics’ 2026 Investment Risk-O-Meter, rising four places to eighth position on the back of improved economic and fiscal fundamentals. The latest scorecard released yesterday, which assesses the relative investability of 19 African economies, […]
STI adopts manpower development for operational efficiency
Sovereign Trust Insurance Plc has reiteriated its need for sustainable manpower development in order to continuously enhance the company’s operational efficiency.
NNPC running at over N200bn loss,FG
ABUJA — The Minister of Petroleum Resources, Dr. Rilwanu Lukman, has disclosed that the nation’s oil and gas behemoth, the Nigeria National Petroleum Corporation (NNPC) was currently running at a loss of more than N200 billion, with contingent liabilities of more than N146 billion and $277 million
Embezzlement: Continued detention of military officers attracts condemnation
IBADAN-A Human Rights lawyer, Mr. Peters Adonu has condemned alleged unlawful detention of two senior military officers over trumped up charges of embezzling money running into billions of naira.
PIB: IOC’s unite to halt further investments in Nigeria
THE controversial Petroleum industry bill (PIB) currently being considered by the National Assembly has once again generated criticisms by the International oil companies (IOC’s) operating in the country with some stating that uncertainties around the bill has frozen further investments in the Nigerian oil and gas sector.
Babalola wants technical team established for N500bn power fund
THE Minister of Power Dr.Lanre Balalola at the weekend told the Management of the Central Bank of Nigeria(CBN) that a technical team be set up between his Ministry and the country’s apex bank for a holistic and effective application of the N500bn set aside to boost development in the power sector.
