By Oluwakemi kindness Christopher Bajowa has emerged as the new President of the Pension Fund Operators Association of Nigeria (PenOp) following the retirement of the previous President and MD Premium Pensions, Umar Mairami. Mairami’s retirement had created a vacuum, necessitating a quick election process which led to the emergence of Christopher Bajowa, the MD FCMB Pension Limited as the new President of PenOp. He will complete the term of the […]
By Oluwakemi Kindness The Minister of Finance and Coordinating Minister of the Economy, Wale Edun on Thursday announced the upcoming rel-aunch of the Home-Grown School Feeding Program, a critical initiative designed to increase school attendance by providing meals to students. He explained that feeding children at school would not only improve their health and well-being but also incentivize them to remain in school, thereby reducing the number of out-of-school children. […]
By Oluwakemi Kindness The Nigeria Economic Summit Group (NESG) has tasked the President Bola Tinubu's administration on critical strategic priorities areas to drive Nigeria's economy growth. The strategic area's of priority according to the Chairman of the NESG, Olaniyi Yusuf, included Economic diversification, Human capital development, Investment in infrastructure and security, Good governance and transparency and Inclusive growth. Yusuf stated this in Abuja on Wednesday while […]
By Oluwakemi Kindness The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Monday presided over a meeting of the Presidential Panel on the Social Investment Program (SIP) aimed to assess progress and ensure the effective implementation of social investment policies. This is in a bid to accelerate Nigeria's poverty reduction efforts in line with the Renewed Hope Agenda of the President Bola Tinubu-led Administration. The pivotal […]
Written by Oluwakemi Kindness The Federal Government of Nigeria has launched a five hundred dollar million domestic bond, marking a significant milestone in the country's economic reform and development journey. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, who stated this while unveiling the Series I five hundred million dollars Domestic Federal Government of Nigeria U.S Dollar Bond in Lagos, said the launch is a bold […]
President Bola Tinubu has pledged that his administration will ensure companies engaged in mineral exploration prioritize the health and safety of Nigerians and the communities hosting these operations. The President made this commitment while receiving a presentation from Course 32 participants of the National Defence College (NDC) in Abuja. The presentation was titled Harnessing the Mining Industry for Enhanced National Security and Development: Strategic Options for Nigeria by 2035. During […]
The Central Bank of Nigeria (CBN) has announced the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited. This strategic move the bank said is designed to bolster the stability of Nigeria’s financial system and avert potential systemic risks. The apex bank, in a statement on Tuesday by its acting Director of Corporate Communications, Hakama Sidi-Ali, said the merger is […]
Economic outlook for the second half of 2024 shows that ongoing reforms by the President Tinubu led government are beginning to yield results as seen with cases of improved trade balance, Increased FAAC allocations, Surge in Capital imports, Increased Foreign Reserves and Exchange rate convergence. This is according to the Norrenberger group, which also admitted that the reforms left Nigerians with High prices, Insecurity, Increased poverty, Depreciating currencies and High […]
The network of Abuja left groups has called for the implementation of a uniformed salary structure for workers and political office holders, reduction in the cost of petrol and electricity tariff and implementation of a minimum wage that meets the basic needs of all workers. The coalition which is an association of activists committed to social justice and equal rights for all Nigerians, made the demand in Abuja at a […]
