NAICOM adopts OKR framework to strengthen performance culture

The National Insurance Commission (NAICOM) has announced the adoption of the globally recognised Objectives and Key Results (OKR) framework as part of its drive to strengthen...

Ban on sachet alcohol threatens N1.9trn local investments — MAN

Business4 months ago

Ban on sachet alcohol threatens N1.9trn local investments — MAN

…Says 500,000 direct jobs at risk The Manufacturers Association of Nigeria (MAN) has warned that the decision to ban the production and sale of alcoholic beverages packaged in...

FBNQUEST: Nestoil denies receivership claim, says report false

Business4 months ago

FBNQUEST: Nestoil denies receivership claim, says report false

Nestoil Limited has denied reports claiming that Nestoil and Neconde are under receivership, calling the publication false, misleading, and an attempt to influence ongoing court proceedings...

GENCOs reject FG’s offer to forfeit 50% of N5trn debt

Business4 months ago

GENCOs reject FG’s offer to forfeit 50% of N5trn debt

By Obas Esiedesa, Abuja Power generation companies, GENCOs, have rejected contract offers from the Federal Government requiring them to accept 50 per cent of the total...

Pension funds in subtle shift to corporate bonds, private equity

Business4 months ago

Pension funds in subtle shift to corporate bonds, private equity

For the first time in years, pension funds administrators (PFAs) are making noticeable moves away from their traditionally heavy concentration in Federal Government securities, signaling a...

IMF: Banks’ debt risks rise as govts access more domestic loans

Business4 months ago

IMF: Banks’ debt risks rise as govts access more domestic loans

The International Monetary Fund (IMF) has said the surge in domestic borrowing is now raising the government’s debt risks in banks’ portfolios. In a report titled:...

Dangote unveils 0m expansion plan to boost sugar production

Business4 months ago

Dangote unveils $700m expansion plan to boost sugar production

Dangote Group is set to end Nigeria’s dependence on imported sugar with an investment of more than $700 million sugar expansion plan aimed at boosting local production. Dangote...

NDDC gives relief to fire disaster victims

Business4 months ago

NDDC gives relief to fire disaster victims

A major relief came the way of the 2024/2025 victims of the inferno incidents in Ika South and Ika North-East Local Government Areas of Delta State,...

Nigeria’s culture, food for display at Naija Flavour in December – NTDA boss

Business4 months ago

Nigeria’s culture, food for display at Naija Flavour in December – NTDA boss

The Director General, Nigerian Tourism Development Authority (NTDA), Olayiwola Awakan, has assured Nigerians that the Agency’s target is to build a tourism industry that generates income,...

NEPC, CBI strengthen Nigeria’s ginger industry through five-year sustainability programme

Business4 months ago

NEPC, CBI strengthen Nigeria’s ginger industry through five-year sustainability programme

The Nigeria Export Promotion Council (NEPC) says its partnership with the Centre for the Promotion of Imports from Developing Countries (CBI) under the Nigeria Ginger Sustainability...