…feed!Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.Diesel prices have reached a milestone in Britain, crossing £2 per litre for the first time, even as Dangote Petroleum Refinery reduced its wholesale rate in Nigeria.The contrasting move…
…feed!Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.Nigeria’s petroleum depot market faces intense pricing pressure as weaker demand, aggressive bargaining, and Dangote Petroleum Refinery’s growing influence force suppliers to compete har…
…more Punch stories on Google.Add Punch on Google He said, “Today, we complement that investment by expanding the teaching workforce and directing qualified teachers to schools where shortages are most acute, particularly in underserved rural communities.” “This occasion therefore marks another purposeful step towards b…
…for the economy has been laid.” He cited efforts to improve infrastructure, create investment opportunities, build human capacity and empower citizens, and said the state must move away from a “hand-to-mouth economy” towards one driven by productivity and enterprise. “We must be ready to fold our shirts and take up the…
…responsible investing and long-term ownership. Our goal is to help them develop an investment mindset early in life."He added that early exposure to investment opportunities could shape future financial behaviour and draw more young Nigerians into the formal economy, Punch reports.ADF chief executive on financial liter…
…the European Union, EU, ordered five Caribbean nations to scrap their citizenship-by-investment, CBI, programmes by 2028.The EU’s warning to Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis and Saint Lucia threatens one of the most popular escape routes for Nigerians frustrated by high Schengen visa refusa…
…said, pledging that the Federal Government will continue to pursue reforms and create investment opportunities to promote national development. Ikpeazu said the government was committed to economic diversification, improved governance and inclusive growth as part of efforts to build a more prosperous and secure future…
…Nigeria has seen painful collapses of schemes that presented themselves as trading or investment platforms. Many people lost their savings. Common warning signs include: guaranteed or fixed high returns rewards for recruiting friends and family pressure to deposit more to “unlock” withdrawals no verifiable registration…
…businesses and individuals across the country. The report also highlighted the company’s investments in waste management and water stewardship. It pointed to the launch of a packaging collection hub in Apapa, Lagos, which is capable of processing 13,000 metric tonnes of PET plastic annually and is expected to support a…
…grave concern over how unsuspecting citizens continue to fall victim to speculative investment setups that promise unsustainable returns.See more Punch stories on Google.Add Punch on Google “There are still Nigerians who keep substantial funds outside the formal banking system or entrust their savings to unlicensed fun…
…of private schools as an indictment of successive governments and called for heavier investment in public education, Hamzat dismissed the suggestion that Lagos’ education system had failed, pointing to the achievements of its students and professionals. Rhodes-Vivour spoke on Thursday during a town hall meeting for Lag…
…the President’s efforts towards strengthening the economy, infrastructure and investment environment, the governor stressed the positive implications for the state, particularly initiatives such as the Lagos-Calabar Coastal Road and the proposed Deep-Sea Port, among others. According to Aiyedatiwa, independence was mor…
…on a more stable footing and create conditions for sustained growth.The group also cited investments in roads, rail, power, housing and agriculture as further reasons to seek continuity under the current administration, arguing that the reforms needed more time to mature and deliver tangible benefits to ordinary Nigeri…
…that some people appeared more interested in negative stories than developments and investments in the country. “You cannot indulge in continuous self-hate to the extent that all you’re looking for is bad news. The President is in good health. The President is in sound mind,” he said. Sowunmi also criticised what he de…
…Marine Special Economic Zone. Together, the projects are expected to attract an initial investment of $10 billion and create more than 50,000 direct jobs. The proposed port will have a four-kilometre berth and an 18-metre draft, while the adjoining economic zone is planned to accommodate manufacturing, processing, logi…
…not only on recognising progress already recorded, but also on encouraging greater investment, stronger partnerships and sustained development for the years ahead. STATE DEVELOPMENT SPOTLIGHTS UNDER PRESIDENT BOLA AHMED TINUBU’S ADMINISTRATION ABIA — Roads & Housing: Ohafia–Umuahia Federal Road, Enugu–Port Harcourt Exp…
…increasing mechanisation and investing in storage and transportation. He said ongoing investments in roads, railways and ports were aimed at connecting farms and factories to markets while reducing the cost of doing business. The President also identified job creation, enterprise development and industrial growth as pr…
…Tinubu added that the private sector had responded to the reforms, while foreign direct investment continued to rise. The post Independence Day: Nigeria was like cancer patient on morphine, until we came — Tinubu appeared first on Vanguard News.
…the end of July. He also pointed to developments in the energy sector, digital economy, investment and social protection as indications of a movement from economic stabilisation towards structural transformation. Yilwatda said the focus should now be on translating economic gains into improved household incomes, employ…
…to the 20 per cent floor as long as banking-system liquidity remains above N8tn. The investment firm, however, expects the settlement of the latest OMO transaction to significantly reduce the amount of cash available to banks. According to the market assessment, about N4.69tn from the OMO sale is expected to be debited…
…protests would not stop the refinery project, which he described as his largest proposed investment outside Nigeria. The project is expected to become the largest refinery in East Africa and Kenya’s biggest infrastructure project since independence, surpassing the $5.1bn Standard Gauge Railway. Dangote said the refiner…
…providing regular health education.Meanwhile, the NHF called for stronger government investment in cardiovascular disease prevention, treatment and access to medicines.Akinroye said the high cost of treatment and dependence on imported medicines were major challenges, urging greater investment in local production of ca…
…International Rating Webinar. Delivering the keynote address on the topic, “Achieving Investment Grade Rating by 2030: The Roadmap for Nigeria,” Uzoka-Anite will offer insights into economic planning, fiscal management, public-sector reforms, investment mobilization, and measures designed to reinforce macroeconomic res…
…and greater patient satisfaction will be the indicators to assess the impact of the investments. Dr Meyere also called on ministries, departments and agencies of government, including local government authorities, facility managers and community structures to ensure accountability in the implementation and management o…
…the government has tackled the sector’s problems “by clearing legacy debts, increasing investment, and improving transmission and billing.” He said the country had witnessed “massive investment in infrastructure” over the past three and a half years. According to him, the Lagos–Calabar Coastal Highway, the Abuja-Kano h…