Access Pensions Limited, a subsidiary of Access Corporation, has achieved an astonishing feat, surpassing the N1 trillion mark in assets under management (AUM). In an impressive trajectory, the Company – which emerged from the business combination of Sigma Pensions and First Guarantee Pension in December 2022 – has scaled up its assets under management to …read more →
Month: August 2023
Qatar to Boost Kaduna Mega Economic City with 500,000 Housing Units
The Qatari Government has inaugurated the construction of a 500,000 mass housing units project for vulnerable and less-privileged persons in Kaduna State. Qatar’s Ambassador to Nigeria, Dr. Ali Bin Ghanem Al-Hajri performed the official inauguration of the project on Wednesday in Kaduna. Al-Hajiri lauded Gov. Uba Sani for his support towards the success of the …read more →
LCCI Establishes ECOWAS/ AFCFTA Regional Integration Trade and Investment Committee
The Lagos Chamber of Commerce and Industry (LCCI) inaugurated the ECOWAS/ AfCFTA Regional Integration, Trade & Investment Committee (EARI-TIC) and named its initial members. At the inauguration ceremony, the LCCI President, Asiwaju (Dr) Michael Olawale-Cole, underlined the priorities of peace, political stability, and good governance as some of the foremost promoters of regional integration, trade, …read more →
FCMB Offers N10 Million Clean Energy Loan to Households and Small Businesses
Nigerian households and small businesses looking to acquire solar panels, batteries, inverters, and other green energy equipment now have access to as much as N10 million to buy these assets through the First City Monument Bank (FCMB) Energy Finance Loan. The loan is designed to help homes and small businesses like hospitals, schools, restaurants, bars, …read more →
NCC Showcases Indigenous Telecom Achievements at NTICE 2023 Expo
The Nigerian Communications Commission (NCC) is set to showcase achievements so far recorded in the promotion of indigenous content in the telecommunications sector at the second edition of the Nigerian Telecommunications Indigenous Content Expo (NTICE 2023), which holds in Lagos from August 22-24, 2023, at Landmark Centre, Victoria Island, Lagos. Themed: “Harnessing Indigenous Content for …read more →
MOFI May Sell State Infrastructure Firms, IPOS to Strategic Investors
The Ministry of Finance Incorporated, MOFI is considering selling stakes in 20 state-run companies in a bid to raise funds and improve governance at the entities. The Chief Executive Officer of the Ministry of Finance Incorporated, MOFI, Armstrong Takang, said that the Nigerian National Petroleum Company Limited, NNPC, is among the firms the government may …read more →
NCC Approves 2,155 Phone Brands, Models for Sale in Nigeria
The Nigerian Communications Commission (NCC) has granted approval for the sale of 2,155 phone models in the country as of July 2023. These diverse devices, originating from various brands and models, have successfully met the rigorous type approval standards set by the telecom’s regulator, qualifying them for sale to consumers in Nigeria. Since April of …read more →
Shell Boosts Nigeria’s Oil Output by 220,000 Barrels with Resumption of Forcados-grade Crude
Exports of Nigeria’s Forcados grade of crude oil resumed on Sunday, a Shell spokesperson said on Monday, roughly a month after loadings of the medium sweet grade were suspended because of a potential leak at the export terminal. Sources had told Reuters that exports of the grade, which was scheduled to ship 220,000 barrels per …read more →
Tinubu Vows to Eradicate Hurdles Across the Entire Power Sector Value Chain
PRESIDENT Bola Ahmed Tinubu, on Friday, declared that despite the nation’s current rate of energy supply, his administration is poised to address all the obstacles militating against stable electricity supply in the country. He said his administration will bring solutions to the multifarious challenges across the electric power sector value chain which will significantly relieve …read more →