By Babatunde Tiamiyu As a follow up step to improve the economic fortunes of Ibadanland, the Olubadan of Ibadanland, Oba Rashidi Ladoja has put together economic ambassadors to revive the economic and investment status of the ancient town. Oba Ladoja inaugurated the Committee at the Olubadan Palace, Oke Aremo, Ibadan, with Olubadan-in-council in attendance. The…
Pension Funds’ investment in infrastructure funds grew by 49.4% Year on Year, YoY, to N242.799 billion in the first half of 2025, H1’25 from N162.488 billion in the same period 2024 (H1’24), indicating a sharp rise in the investment value of the sector. However, infrastructure funds accounted for a paltry 0.98% of the total Pension Fund’s…
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has assured investors that Nigeria remains a safe destination for investment. Edun gave the assurance on Wednesday at the Nigeria Investment Forum during the ongoing World Bank/IMF meetings in Washington D.C. Edun noted that the government is working to ensure fiscal stability….
The Central Bank of Nigeria (CBN) and the International Finance Corporation (IFC), a member of the World Bank Group, have signed an agreement to increase local currency financing in Nigeria through a $1 billion investment. This partnership, announced in Washington DC, aims to enhance financing opportunities for private businesses across priority sectors in Nigeria, such…
President Bola Tinubu in Abuja said the federal government would ensure that investments in key sectors of the economy follow clear timelines and are impactful on the lives of citizens. A statement by the Special Adviser to the President (Media & Publicity), Chief Ajuri Ngelale, on Friday, said President Tinubu made the promise when he…