Sanyade Okoli: AfDB’s $1bn Support Validates Nigeria’s Economic Reforms
Presidential adviser on finance and economy Okoli says Nigeria’s reforms are restoring investor confidence and targeting inclusive development.
Presidential adviser on finance and economy Okoli says Nigeria’s reforms are restoring investor confidence and targeting inclusive development.
Bunorr Integrated Energy praises NCDMB for $3.6m support enabling indigenous oil recycling, job creation and improved operational standards.
US approves Nvidia’s H200 chip exports to China with a 25% fee, sparking security concerns despite industry support.
NUPRC releases ground rules for licencing round, lowers entry cost and restricts access to companies with government debts or poor records.
Federal Government orders full electronic revenue collection and warns MDAs to deploy PoS or face sanctions.
CBN approves compliant operators only, warns public against unlicensed foreign exchange dealers nationwide.
Aliko Dangote urges investment in local industries, warning import reliance is “importing poverty and exporting jobs”.
OPEC output dipped in November despite planned increases, as outages in Nigeria and Iraq limited production gains.
CAC will launch a nationwide crackdown from January 2026, warning that unregistered PoS operators and enabling fintechs will face sanctions.
Excerpt: Vice President Shettima has launched a N1 billion family-focused business grant in Akwa Ibom, empowering 3,000 households. Vice President Kashim Shettima has launched a N1 billion naira family-based business
PENGASSAN urges oil and gas companies to urgently review salaries while advocating for pensioners’ welfare and improved national security.
Chevron targets new offshore assets and applauds reduced oil theft as NUPRC backs transparent licensing reforms.
UK launches £12.4m NEST and NPFF programmes to support Nigeria’s economic reforms, strengthen stability and boost long-term growth.
With refinery ready to oversupply local demand, Dangote declares end to fuel queues and announces major expansion and export plans.
Before Tinubu, NASENI focused on research; now 40 products will hit the market, unveiled in 2026,” says CEO Halilu.
Fitch projects Nigeria’s GDP growth to 4.3% in 2026, driven by stronger domestic demand and moderating inflation.
Senate warns that inadequate fintech regulation exposes Nigeria to systemic risks, urging enhanced oversight and consumer protection measures.
Federal government explains that new tax reforms simplify levies, preserve FTZ incentives, and attract investors to Nigeria.
TotalEnergies urges Nigeria to prioritise net value retention over percentages to strengthen local content in oil industry.
CBN tells Senate Nigeria’s economy is strengthening as inflation falls, reserves rise, naira stabilises and investor confidence returns.
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