W/Bank mobilises $5.79bn private capital for Nigeria
By Emma Ujah, Abuja Bureau Chief The World Bank Group has said it is helping to mobilise $5.79 billion in private capital for investment in Nigeria’s agriculture, telecommunications and micro, small and medium enterprises (MSMEs), in a major push to expand private-sector participation in the economy. The financing drive is being supported by policy reforms, […]
Lagos set to host ‘Invest in Lagos 3.0’, targets N4trn investment inflows
The Lagos State Government is set to host the third edition of its flagship investment forum, ‘Invest in Lagos 3.0’, with the target to attract both local and foreign direct investment worth N4trillion. The summit scheduled to hold from Monday, June 08 to Tuesday, June 09, 2026, at Eko Hotels and Suites, Victoria Island, Lagos, is […]
Data, AI, tech to drive investment decisions in Nigeria — SEC
By Obas Esiedesa, Abuja The Director-General of the Securities and Exchange Commission, Emomotimi Agama, has said Nigeria’s capital market is positioning data, artificial intelligence and technology-driven regulation at the centre of investment decision-making to attract both domestic and foreign capital. A statement by the Commission yesterday quoted Agama who spoke at the FSDH Investor Conference 2026 […]
Nigeria’s oil output rises marginally, short of OPEC quota
By Udeme Akpan The Organization of the Petroleum Exporting Countries, OPEC, has said that Nigeria’s oil output increased marginally to 1.489 million bpd in April 2026 from 1.383 million bpd in March 2026, based on data obtained through direct communication. This indicates that the country is still struggling with output deficiencies as the quantity fails short […]
Mutual Benefits pays N13.6bn claims in Q1’26
By Rosemary Iwunze Mutual Benefits Assurance Plc has paid claims of N13.6 billion to policyholders across its General Insurance and Life Business portfolios in the first quarter of 2026. The company noted that the impressive payout underscores the company’s enduring commitment to prompt claims settlement, financial strength and the fulfillment of its core promise to […]
Access ARM Pensions grows revenue to N42.4bn, declares N2 dividend
…Profit rises 48% to N16.1bn Access ARM Pensions has posted a sharp rise in revenue in its first full financial year following the merger between Access Pensions and ARM Pensions, underscoring the scale benefits and operational efficiencies already being unlocked from the combination. The pension fund administrator grew gross revenue by 50.4 percent to N42.4 […]
