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Business Oil & Gas Top Story

Catholic institutions globally divesting from fossil fuels, U.S. dioceses yet to follow suit

Since Pope Francis’s influential 2015 encyclical on environmental stewardship, urging a departure from fossil fuels to combat climate change, hundreds of Catholic institutions worldwide have committed to divesting from oil, gas, and coal. However, despite this global trend, U.S. dioceses remain resolute in retaining their investments in fossil fuel assets. According to a Reuters review Read More…

Business

President Tinubu committed to mitigating economic reforms’ impact, asserts Wale Edun at IoD conference

During the Chartered Institute of Directors Nigeria (CIoD) Annual Directors Conference in Abuja, Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, highlighted President Bola Tinubu’s empathetic stance and dedication to minimizing the hardships arising from economic reforms for Nigerians. Edun assured that these reforms, despite their necessity, would take time before Read More…

Business Investment Top Story

Lagos State’s historic participation at Lord Mayor’s show sets stage for future collaborations and investments

EnterpriseNGR, a policy and advocacy group, asserts that Lagos State’s involvement in the Lord Mayor’s Show will pave the way for future collaborations and investments, propelling sustainable economic development in Lagos and Nigeria. Expressing optimism, Mr. Aigboje Aig-Imoukhuede, Chairman of EnterpriseNGR, highlighted the significance of this milestone, emphasising its role in advancing Lagos towards becoming Read More…

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Business Industry Policy

FG unveils policies to boost industries

The Federal Government has introduced two five-year policies aimed at revitalising the country’s production and investments in the industry and trade sectors. Dr. Doris Uzoka-Anite, the Minister of Industry, Trade, and Investment, revealed the policies—Nigerian Investment Policy-2023-27 and Trade Policy of Nigeria-2023-27—virtually during the closing of the 15th National Council of Industry, Trade, and Investment Read More…

Business Investment

Consul General of India in Lagos celebrates Indian investors as largest group in Nigeria

Chandramouli Kern, the Consul General of India in Lagos, has highlighted the significant role of Indian investors in Nigeria, noting that they have emerged as the leading investors in the country with over a cumulative investment of $27 million and a presence of no fewer than 200 Indian companies. He made these remarks while inaugurating Read More…

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Business Chido Nwakanma Featured Investment Notes

The imperative of Diaspora investments in Nigeria’s trying times

As local and foreign stakeholders countdown to the Sixth Nigerian Diaspora Investment Summit, it is essential to underscore the criticality of the contributions of our kin outside the homeland but with their hearts at home. Diaspora investments in Nigeria’s trying times are imperative for several reasons. Diaspora remittances constitute a significant source of foreign exchange Read More…