HomeNews

News

FG may Sell 11 DisCos to New Investors

The Federal Government may sell the 11 power distribution companies through a re-privatisation process if the Electricity Act (Amendment) Bill, 2025, currently before the National Assembly, becomes law.

Elumelu Hails Tinubu for Curbing Oil Theft

The Chairman of Heirs Holdings and the United Bank for Africa (UBA), Tony Elumelu, has commended President Bola Ahmed Tinubu for the significant improvement in the oil and gas sector since he assumed office in 2023.

Real Estate Contributes N41.3trn to Economy – NBS

The real estate sector’s valuation has climbed to N41.3tn, highlighting its rising contribution to the nation’s economy.

Rebased GDP Figures Not Evidence of Economic Progress, MAN Tells FG

The Manufacturers Association of Nigeria (MAN) has called on the federal government not to see the nominal increase of 18.3 per cent year-on-year Gross Domestic Product (GDP) growth recorded.

Productivity Remains Major Concerns Despite N372.8tn Rebased GDP – Experts

Economists have noted that productivity remains a challenge in the Nigerian economy, despite the rebasing of the Gross Domestic Product, which has boosted the economy to N372.8tn.

Edun Sets Agenda for New NDIC Management

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has called on the new management of the Nigeria Deposit Insurance Corporation (NDIC) to bring their diverse experience to bear on the running of the corporation.