Business

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 […]
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Tinubu to streamline office of NCRIB president

NEWLY elected President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Mr. Shola Tinubu, has pledged to streamline the office of the president to a ceremonial role by giving the Executive Secretary/Chief Executive Officer and his team a level of empowerment as it is obtainable in other professions and climes.

Today’s customers demand faster services without compromising quality — CEO, Stanbic IBTC

Most organisations interpret and implement CSI as best suits their overriding corporate goals. However, to borrow a leaf from the United Nations Industrial Development Organisation (UNIDO), we at Stanbic IBTC see CSI as a management concept whereby we integrate social and environmental concerns into our business operations and interactions with our stakeholders. CSI is the way through which Stanbic IBTC as a socially responsible company achieves a balance of economic, environmental and social imperatives.

PFAs as the next investment destination

If  a  pension is  deemed to be an invaluable source of income for the retired, and the Federal Government of Nigeria so motivated, introduced the Pension Reform  Act of  2004, it should  not be a surprise that within 13 years from inception, the pension industry has already risen to N6.02 trillion assets under management. The rate of growth is quite remarkable when  compared to the  125-year-old  Nigerian banking industry that stands at slightly  over N30  trillion.

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