President Tinubu Appoints Dr. Mansur Muhtar as Chairman BOI Board

President Tinubu Appoints Dr. Mansur Muhtar as Chairman BOI Board

By Bukola Adetinuyo President Bola Tinubu has approved the appointment of new members to the Board of the Bank of Industry Limited. Dr. Mansur Muhtar has been appointed as Chairman, while Dr. Olasupo Olusi will serve as the Managing Director/Chief Executive Officer. Ifeoma Uz'Okpala was also named Executive Director, Large Enterprises, with Shekarau Omar appointed as Executive Director, Micro, Small & Medium Enterprises. Usen Effiong will take on the role […]

September 3, 2024 208 2

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Economy

CGC Adeniyi reaffirms commitment to strengthen collaboration with NLNG

By Oluwakemi kindness The Comptroller-General of Customs (CGC), Adewale Adeniyi, has reaffirmed the commitment of the Nigeria Customs Service (NCS) to collaborate with Nigeria LNG Limited to boost the Nigerian economy. This assurance was made known when a delegation from Nigeria LNG Limited, led by its Managing Director, Philip Mshelbila, paid a courtesy visit to the Comptroller-General of Customs at the Service's Headquarters in Abuja. A statement by the NSC […]

August 26, 2024 14 1

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Economy

NAICOM express capacity to undertake risk for aviation sector

By Oluwakemi Kindness The National Insurance Commission, (NAICOM) has appealed to all stakeholders in the aviation sector to see the bigger picture of growing our industries beyond the immediate individual gains, but rather, collectively growing an economy that is sustainable and self-reliance to absorb shocks. The National Commissioner for Insurance Olusegun Ayo-Omosehin, which stated this said the role of insurance should therefore be seen beyond just financial protection, to […]

August 23, 2024 11 8

Economy

PENSION: PenOp gets new President

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 […]

August 23, 2024 13

Economy

Federal Government to relaunch school feeding programme

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. […]

August 23, 2024 38

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Economy

NESG list strategic priority areas for economic growth and sustainability

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 […]

August 22, 2024 14 2

Economy

Presidential social investment panel meets to enhance poverty alleviation efforts

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 […]

August 20, 2024 11

Business

Federal Government launches five hundred million dollars bond

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 […]

August 16, 2024 51

Economy

Tinubu vows to crackdown on illegal miners

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 […]

August 9, 2024 9