Economy
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Infrastructure key to real estate growth, economic prosperity — Sanwo-Olu
Governor Babajide Sanwo-Olu of Lagos State has reiterated the central role of infrastructure development in driving real estate growth, construction activity and long-term economic prosperity, describing it as the “architecture of sustainable development”. Sanwo-Olu made the remarks on Friday while delivering a keynote address at the 2026 Nigeria Construction and Real Estate Outlook Conference, organised by the Royal Institution of…
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Tinubu’s economic reforms putting Nigeria on growth path — Information minister
The Minister of Information and National Orientation, Mohammed Idris, says President Bola Ahmed Tinubu’s economic reforms are stabilising Nigeria’s economy, restoring confidence and placing the country on a sustainable growth path. Idris stated this during a virtual interview on ICAN On Air, a live programme of the Institute of Chartered Accountants of Nigeria (ICAN), aired on Thursday. He said the…
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PHOTO NEWS: Tinubu receives Tax Ombudsman, urges fairness
By Kunle Sanni – President Bola Tinubu on Thursday received the Chief Executive Officer of the Nigerian Tax Complaints Commission, John Nwabueze, at the State House, Abuja, charging him to uphold fairness, transparency, and accountability in the nation’s tax system. Dr Nwabueze, Nigeria’s pioneer Tax Ombudsman, was accompanied by the Minister of Finance and Coordinating Minister of the Economy, Mr…
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LPG domestication policy improving supply, moderating prices — Ekpo
Nigeria’s domestic Liquefied Petroleum Gas (LPG) market is recording notable gains following a Federal Government policy mandating that LPG produced by upstream operators be reserved for local consumption, the Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has said. Ekpo disclosed this on Thursday while delivering a keynote address at the National Gas Day session of the…
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New NSIA-MedServe deal to expand healthcare, create jobs, says Wale Edun
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has described a new healthcare investment agreement as a major driver for job creation and economic growth in Nigeria. The agreement, signed in Abuja on Thursday, brings together the Nigeria Sovereign Investment Authority (NSIA), the International Finance Corporation (IFC), and MedServe to expand nationwide access to…
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Nigeria targets $7.7 trillion global halal market with new national strategy
By Kunle Sanni – The Federal Government has unveiled Nigeria’s National Halal Economy Strategy as part of a broader effort to position the country to compete in the estimated $7.7 trillion global halal market. According to a statement by Stanley Nkwocha on Thursday, the strategy was launched at the Presidential Villa, Abuja, by Vice President Kashim Shettima, who represented President…
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Fiscal, monetary policy alignment critical to sustainable economy, says ICAN
Institute of Chartered Accountants of Nigeria (ICAN) has expressed that aligning fiscal and monetary policies is critical to achieving sustainable economic growth in Nigeria. Chairman of the 20th western zonal conference of the ICAN, Kolawole Bisiriyu spoke on Wednesday at a press conference in Lagos. The news conference was held ahead of the event said to be for ICAN’s Ilupeju-Gbagada…
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NNPCL engaging partners with proven capacity to revamp its refineries, says Ojulari
The Group Chief Executive Officer, NNPC Ltd, Engr. Bashir Bayo Ojulari, has stated that the Company is currently in talks with partners with proven track record of refining and petrochemical operations, in order to build sustainable, self-financing, and profitable solutions for its refineries. Ojulari disclosed this while fielding questions during a fireside chat themed “Securing Nigeria’s Energy Future at NIES…
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FG, IFC sign cooperation agreement on bankable infrastructure, private investment
The Federal Government, through the Federal Ministry of Budget and Economic Planning, has signed a cooperation agreement with the International Finance Corporation (IFC), a member of the World Bank Group, to enhance project preparation, mobilise private capital, and speed up the delivery of bankable infrastructure projects vital to Nigeria’s economic transformation. The signing ceremony, held in Abuja on Tuesday, was…
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Dangote Refinery eases fuel supply pressure, says NNPC boss
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr Bayo Ojulari, has described the Dangote Petroleum Refinery as a crucial buffer for Nigeria’s energy supply, particularly as state-owned refineries continue to struggle with output and efficiency. Ojulari made the remarks during a fireside discussion titled Securing Nigeria’s Energy Future at the Nigeria International Energy Summit…
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