Business & Economy - Page 43

In a landmark move signaling a new era of collaboration, Dangote Petroleum Refinery and the Nigerian National Petroleum Company Limited (NNPC Ltd.) have committed to a strategic partnership aimed at transforming Nigeria’s energy landscape and driving industrial self-sufficiency. During a high-level visit

Nigeria’s capital market has recorded significant expansion within the past year, with total market capitalisation rising by 125 per cent from about N55 trillion in April 2024 to over N123.93 trillion. The Director-General of the Securities and Exchange Commission, Emomotimi Agama, disclosed

The Minister of Solid Minerals Development, Dele Alake, has assured foreign investors in Nigeria’s mining sector that the Federal Government will fully utilise the benefits of Nigeria’s status as a signatory to the Cape Town Convention on International Interests in Mobile Equipment

Prof. Uche Uwaleke, President of the Capital Market Academics of Nigeria (CMAN), has commended the Securities and Exchange Commission (SEC) over the inauguration of liquidity working group. According to him, it is timely and strategic. The group must prioritise retail investors’ onboarding

The Organisation for Technology Advancement of Cold Chain in West Africa (OTACCWA) has disclosed that Nigeria recorded between N3.5 trillion and N5 trillion in post-harvest losses in 2025. Isong also said the country lost an estimated 30 to 40 million metric tonnes of

A compelling need for greater inclusion and favourable timeline so as to ensure maximum institutional participation, deeper stakeholder integration, and stronger investment outcomes, has necessitated the rescheduling of the much anticipated World International Economic Group (WIEG) 2026 Investment Summit. The value adding

The World Bank is set to approve a fresh $500m loan to Nigeria next month to boost agricultural productivity, strengthen value chains, and create jobs across participating states. Details of the planned facility are contained in the World Bank’s Project Information Document

The Petroleum Products Retail Outlets Owners Association of Nigeria has described the recently signed Executive Order No. 9 of 2026 as a bold reform that will deepen fiscal discipline and reposition Nigeria’s oil and gas industry for greater efficiency. The association said

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has warned that about 50 per cent of low-income countries are either already in debt distress or at high risk of sliding into it, calling for urgent and coordinated

The National Insurance Commission (NAICOM) has expressed commitment to foster collaboration with international partners to deepen insurance market capacity in the country. The Commissioner for Insurance, Mr Olusegun Omosehin, said this in Abuja when a delegation from Egypt’s Misr Insurance visited him