Search Results for "Private Sector"
93 results found
Organised Private Sector kicks against pension contribution hike, warns of job losses

The Organised Private Sector of Nigeria, OPSN, has opposed the proposed increase in mandatory pension contributions being considered by the National Pension Commission, PenCom, warning that the move could negatively impact businesses, jobs and workers’ earnings. OPSN, which comprises major business groups, including th…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 16 views
MAN warns inflation won't ease without reforms

…yams and other staple foods. The PUNCH earlier reported that members of the organised private sector welcomed the slight decline in the inflation rate for June 2026 but warned that inflation remained in double digits and prices were still too high for businesses and consumers. In his remarks for the April-June edition…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
Private sector credit hits N83trn, as money supply surges

…revealed a significant expansion in the country’s financial system, with credit to the private sector rising by 2.8 percent month-on-month to N83.3 trillion in June 2026, up from the N81 trillion recorded in May 2026. However, the apex bank disclosed that credit to the government dipped marginally by 0.99 percent to N4…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 18 views
Govt, academia urged to deepen energy transition partnerships

…leaders have called on the Federal Government to strengthen its collaboration with the private sector and universities to expedite Nigeria’s energy transition. The stakeholders, while speaking at the fourth Dr Diran Fawibe Annual Lecture organised by the International Energy Services Limited, in conjunction with the Ce…

Education by nigerianewsfeed · 1 mon ago · 0 comments · 18 views
Reps begin debate on bill to establish rural infrastructure commission

…be financed through federal appropriations, grants, support from development partners, private sector contributions, counterpart funding by states, investment income and other lawful sources approved by the National Assembly. The bill also provides for funding from appropriated portions of the Value Added Tax pool, Fed…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 14 views
Lagos rallies residents against refuse dumping, environmental hazards

…community development associations, market unions, transport groups, the media and the private sector to support efforts aimed at promoting responsible environmental practices. He advised residents to use only government-approved Private Sector Participation waste operators, avoid dumping refuse into drainage channels…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 16 views
Lagos flooding: Real estate stakeholders seek probe into coastal highway alignment, demand compensation

…highway project. He also called for greater collaboration between government and the private sector to restore investor confidence, warning that uncertainty surrounding property rights was discouraging both local and diaspora investment in Nigeria’s real estate sector. Akintayo maintained that while the Lagos-Calabar C…

Crime by nigerianewsfeed · 1 mon ago · 0 comments · 16 views
Businesses expect CBN to hold rates as MPC meets today

Organised Private Sector leaders and economists have projected that the Central Bank of Nigeria’s Monetary Policy Committee will most likely retain the Monetary Policy Rate at 26.5 per cent when it meets on Monday and Tuesday, citing heightened geopolitical tensions and their potential impact on inflation. The stakehol…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 18 views
All governors divert LG funds, says Adebutu, vows full council autonomy if elected

…would boost productivity, reduce business costs and create employment. “For electricity, private sector participation with the government, we will pursue it relentlessly and once we generate that electricity, you will see the income of our people will increase, and energy procurement will decrease,” he said. Highlighti…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 28 views
2027: Alake endorses Adebutu for Ogun governorship

…“For electricity, we will pursue a strong partnership between the government and the private sector. “You don’t borrow money for infrastructure anymore. I will construct roads that will improve connectivity between Ogun State and Lagos. “Once we generate adequate electricity, you will see the income of our people incre…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 16 views
British Airways donates laptops to bridge digital divide for out-of-school children

…Founder of IA-Foundation, Ibironke Adeagbo, said the donation demonstrates that private sector organisations are beginning to recognise the importance of digital inclusion in tackling Nigeria’s education crisis. “These donations show that corporate organisations increasingly recognise the importance of closing the digi…

world-news by nigerianewsfeed · 1 mon ago · 0 comments · 17 views
Stakeholders push reforms to sustain Nigeria's economic gains

…into inclusive economic growth, with strong calls for sustained reforms, greater private sector investment and stronger coordination between fiscal and monetary authorities. The discussions took place at the 14th BusinessDay CEO Forum Nigeria 2026, themed ‘From Stability to Shared Prosperity,’ where the Governor of the…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 17 views
FG urges regional cooperation to bridge Africa's digital divide

…while deepening partnerships with governments, development institutions, the private sector and academia to accelerate the continent’s digital transformation.

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 18 views
Poverty threatens 79% of Nigerians despite reforms - World Bank

…support for Nigeria over the next six years, with a focus on creating jobs by unlocking private sector-led growth. “The World Bank Group has endorsed a new Country Partnership Framework for Nigeria spanning 2026–2032, setting out a strategy to create more and better jobs at scale by unlocking private sector-led growth,…

world-news by nigerianewsfeed · 1 mon ago · 0 comments · 19 views
NBA presidency: Senior advocates endorse Badejo-Okusanya, seek transformative leadership

…the Lagos State Government on NBA programmes and governance roles in both the public and private sectors. According to Agbor, the legal profession is grappling with declining ethical standards, poor remuneration for young lawyers and weak institutional accountability. “Things need to be shaken up. There is a great deal…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 17 views
Bishop rejects alleged Islamisation, sharia policy

private security, controlled systems, and comfort. The political class and few of the private sector cronies of theirs live in this tier. The second tier is Nigeria of survival, marked by darkness, bad roads, insecurity, poor healthcare, and uncertainty where the large majority of Nigerians live”, he added. He accused…

Religion by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
US urges Nigeria to strengthen protection for christians, IDPs

…also held talks with Tijani on opportunities for increased U.S. investment and expanded private sector engagement in Nigeria’s growing economy. The Assistant Secretary further met with senior executives of leading U.S. energy and technology companies to discuss Nigeria’s business climate and investment opportunities.

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 17 views
FG unveils advisory committee to review economic reforms

…institutions, collaboration with state governments and stronger partnerships with the private sector. He also urged members to prioritise practical solutions over theoretical recommendations. “A fiscal reform that looks flawless on paper but fails to improve conditions for Nigerian businesses is not reform; it is disgu…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
FG borrows N5tn from bond market in six months

…Government borrowing from the domestic financial system is increasingly crowding out the private sector, as banks favour low-risk, high-yield government securities over lending to businesses. “The increase in credit to the government can be attributed to a number of factors. The government has been raising money to fin…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 26 views
Lagos court jails 67-year-old lawyer for environmental offences

…of refuse at an unauthorised location and failure to engage the services of an approved Private Sector Participant (PSP) waste operator. According to a statement by the Head of the Public Affairs Unit of the Lagos State Special Offences (Mobile) Court, Jide Ajibola, the offences were committed on Thursday, July 9, 2026…

Agriculture by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
Beyond Akara: Preparing Nigerian youth for the future economy

…modern curricula. Schools must shift from rote learning to practical application. The Private Sector must step up with massive mentorship, internship, and training programs. And Civil Society must continue to serve as the bridge, connecting young talent to opportunity. The real question facing Nigeria is not whether ou…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
Why Liberia 'll never forget Nigeria - Minister

…August in Lagos. "We have been invited and we are partnering Liberia, particularly the private sector of both countries, which will then deepen commercial, trade, and economic relations between our two countries," he said. Enikanolaiye added that this would further elevate Nigeria-Liberia diplomatic relations and advan…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 29 views
FG reaffirms commitment to fighting drug cartels, expanding rehabilitation services

…among government institutions, civil society organisations, development partners and the private sector. He described the summit as an important opportunity to strengthen implementation of Nigeria’s National Drug Control Master Plan through coordinated, evidence-based and practical actions. The summit attracted partici…

Crime by nigerianewsfeed · 2 mons ago · 0 comments · 26 views
Drug abuse threatens Nigeria's development, FG warns

…listing families, communities, schools, healthcare providers, security agencies, the private sector, faith-based organisations and civil society as key stakeholders. He also called for enhanced intelligence sharing and inter-agency collaboration against trafficking, improved research and data systems, and the building…

Crime by nigerianewsfeed · 2 mons ago · 0 comments · 24 views
All On charts renewable investment roadmap

…brought together representatives from government, development finance institutions, the private sector, development organisations, academia and the renewable energy industry to review the organisation's first decade of operations and discuss the future of energy access in Nigeria, according to a statement. Representing…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 24 views
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