Barbara Bako, Abuja. The Nigeria Sovereign Investment Authority (NSIA) says its investments in Nigeria’s healthcare sector have saved the country more than $200 million in foreign exchange by reducing dependence on overseas medical treatment while expanding access to
Barbara Bako, Abuja. Nigeria’s economy grew by 4.43 per cent in the second quarter of 2026, its fastest pace in over a year, reinforcing the Federal Government’s ambition of building a $1 trillion economy by 2030. The
Barbara Bako, Abuja. The Office of the Tax Ombud and the Oil and Gas Free Zones Authority (OGFZA) have sealed a partnership aimed at boosting investor confidence and attracting more foreign direct investment (FDI) into Nigeria’s oil and
Barbara Bako, Abuja. The Federal Government says the removal of fuel subsidy generated N15.8 trillion in savings for the Federation between June 2023 and December 2025, with states and local governments receiving N10.4 trillion of the proceeds. Minister
Barbara Bako, Abuja. The Securities and Exchange Commission (SEC) has directed capital market operators to immediately freeze the funds, assets and other economic resources belonging to six individuals and three entities designated as terrorism financiers by the Nigeria
The National Insurance Commission (NAICOM) has commenced the issuance of new licence certificates to insurance companies that successfully met the Commission’s revised minimum capital requirements, marking a major milestone in the ongoing recapitalisation of Nigeria’s insurance industry. The presentation
Artificial intelligence (AI) could allow developing countries to do in a decade what might otherwise take a century—provided that governments act swiftly to close the gaps in power, connectivity, skills, and institutional quality that threaten to leave them behind,
Barbara Bako, Abuja. Nigeria’s external reserves have risen above $52.5 billion, surpassing the Central Bank of Nigeria’s annual target and reaching their highest level in 17 years, the Central Bank of Nigeria (CBN) has said. The apex bank attributed
The National Insurance Commission (NAICOM) has announced the successful completion of the insurance industry’s 12 month recapitalisation exercise, with 43 insurance and reinsurance companies meeting the new minimum capital requirements prescribed under the Nigerian Insurance Industry Reform
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