…in higher financing costs, reduced capital inflows and a preference for short-term investments over productive ventures. According to the group, restoring security would reduce economic losses while signalling to domestic and foreign investors that Nigeria remained a viable destination for long-term capital.Make PUNCH…
…He urged community institutions to complement government initiatives through investments in education, youth empowerment and entrepreneurship. The governor also charged Oresanya and his executive committee to prioritise youth development, community advancement and members’ welfare while strengthening collaboration with…
…of capital in Nigeria but a failure to translate available capital into productive investments. He noted that pension assets stood at N31.48 trillion as of July 2026, while total market capitalisation on the Nigerian Exchange (NGX) stood at N215.09 trillion. Agama also contrasted the N4.65 trillion raised by banks over…
…an immediate restriction would disrupt supply, increase equipment prices and undermine investments in off-grid electricity systems.See more Punch stories on Google.Add Punch on Google However, energy stakeholders said the government must translate its commitment to local manufacturing into a clear policy framework that…
…of the programme would be the businesses established, technologies commercialised, investments secured, jobs created and lives improved,” he said.See more Punch stories on Google.Add Punch on Google “Today is a celebration, but tomorrow is the real test,” he added, urging participants to build, commercialise, scale and…
…increase, alongside substantial spending on housing, agriculture and other economic investments. The report quoted Mathew Verghis, the World Bank Country Director for Nigeria, as saying that increased revenues provided the opportunity to improve infrastructure, education, healthcare, and water services. He said greater…
…alone would not automatically translate into digital inclusion without complementary investments in electricity, affordable devices, affordable data services, towers, backhaul infrastructure and last-mile connectivity,” the statement said. Prof Yilwatda said fibre infrastructure remained concentrated in major urban cen…
…two marriages to Terrence HowardOngoing child support arrangementsPersonal savings and investments accumulated over the yearsWhere is Lori McCommas now?As of 2026, Lori lives in California, United States, far away from Hollywood lights and busy cities. She doesn't have Instagram, Facebook, or any public social media. Y…
…alone would not automatically translate into digital inclusion without complementary investments in electricity, affordable devices, affordable data services, towers, backhaul infrastructure and last-mile connectivity.” Yilwatda said fibre infrastructure remained concentrated in major urban centres, with Lagos and the…
…an enabling environment for the transport sector to thrive. He said that having made the investments, the government expects operators to put the interests of citizens first. “Now, I am asking you as your governor, having done all this for you, we not only expect you to make money from it, but also to use your sector f…
…while urging Muslim organisations to strengthen economic independence through lawful investments, Zakat and Waqf. The Assembly adopted the 2026 report of the National Hajj Commission of Nigeria, NAHCON, and endorsed its recommendations for repositioning the Hajj industry. It also approved an expanded National Executive…
…maintenance, we can significantly reduce these tragic incidents and safeguard lives and investments,” he added. His comments raise a central question: Nigeria has regulations and agencies responsible for enforcing them, but how effectively are those rules being implemented? New push for forensic probe The Federal Gover…
…to deliverZaki praised the government's commitment to education, describing the combined investments in pay and infrastructure as a significant step forward for the sector. He called on teachers to match the government's gesture with stronger professional conduct, urging members to approach their work with renewed dedi…
…industry, because creators were unable to properly monetise their works and recoup investments. According to him, the prevalence of piracy also discourages people from venturing into content creation and makes it difficult to attract foreign partners and investors into the industry. He said the increasing digitalisatio…
…reserves climbed to nearly $55 billion, driven by stronger oil output and foreign investmentsPAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nige…
…attributed the improvement to increased foreign exchange inflows from remittances, investments and greater participation in the formal financial system. She also said the unification of the foreign exchange market had enhanced stability, strengthened investor confidence and reduced market distortions. The CBN official…
…inflows totalled $6.31 billion between January and August 2026. Although portfolio investments can reverse, he said the broader improvement in foreign exchange supply had reduced dependence on direct CBN intervention.CBN Reveals How Much Nigerians Abroad Sent Home in 1 Month as Remittances Near $1 Billion>Nigeria’s ext…
…are priced at N1,000 per unit, with a minimum subscription of N5,000 and subsequent investments in multiples of N1,000. The maximum subscription allowed is N50 million. Interest on the bonds will be paid quarterly, while investors will receive bullet repayment of their principal upon maturity. The DMO said the securiti…
…Contractors Airline in Lagos. Keyamo, who spoke while highlighting the administration’s investments in the aviation sector, was responding to a question posed to him by the Managing Director of the airline about the status of the aviation industry under the Renewed Hope Agenda. Keyamo responded, saying the funds used f…
…also remained reluctant to make major purchases, particularly houses, motor vehicles, investments and consumer durables.” Monetary policy preferences revealed a public divided by economic pain. While 62.2 percent of respondents indicated a preference for lower lending rates to ease borrowing, 45.1 percent favoured high…
…Infrastructure is a major part of that,” he added. Afeez also commended the government’s investments in education, transportation, healthcare and sports.See more Punch stories on Google.Add Punch on Google He described the ongoing rehabilitation of the Ahmadu Bello Stadium as an important investment in youth developmen…
…of Ogun State’s industrial and maritime sectors, particularly the emergence of major investments around the Ogun Waterside axis. “GIPI is strategically located in an area with enormous industrial and maritime potential. Rather than allow the institution to collapse, the government should reposition it to become a major…
…actively involved in national development through their knowledge, skills, networks and investments. “Wherever we live, we each have a part to play in Nigeria’s progress,” he said, urging Nigerians to promote peace, unity and prosperity. Nigeria’s Permanent Representative to the UN, Amb. Jimoh Ibrahim, said the anniver…
…on Compressed Natural Gas and Electric Vehicles (Pi-CNG & EV) said the savings reflect investments in alternative-energy vehicles, refuelling stations and charging infrastructure.FG activates cheaper transport fares nationwide amid passengers' denials. House.>Its Executive Chairman, Ismaeel Ahmed, disclosed this in a s…
…to commit a significant proportion of the annual budget to education, adding that investments in classrooms, furniture and instructional materials must be matched by qualified teachers. He added, “Government recognises that better learning outcomes depend above all on teacher quality; accordingly, through the Teacher D…