The Senate on Wednesday approved the Investments and Securities (Repeal and Enactment) Bill 2024 for its third reading. The approval followed the consideration and adoption of recommendations presented by the Senate Committee on Capital Market, chaired by Senator Osita Izunaso (APC, Imo West). The Committee said that the bill, once signed into law, will position…

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has urged Lagos and other state governments to expand its economic base by leveraging underutilised state-owned assets and liabilities, such as land titles and properties, to attract investments and unlock additional revenue streams. The minister also highlighted the need for innovative approaches to…

Accountant General of the Federation (AGF), Dr. Oluwatoyin Madein, has advised governments at all levels to adopt appropriate control measures and imbibe the culture of savings and viable investments to guarantee the availability of financial and other resources during the rainy day. The AGF who was speaking at the 2024 National Council on Finance and…

The Ekiti State government has issued a warning to herders operating in the state not to mess up the government’s huge investment in agriculture by allowing their cattle to invade and destroy farms. The Special Adviser to the Governor on Security Matters, Brigadier General Ebenezer Ogundana (retd), gave the warning in Ado Ekiti on Wednesday…

The Edo State Investment Promotion Office (ESIPO) Ease of Doing Business has commenced a three-day onboarding session for staff and local government liaison officers of the Edo State One-Stop-Investment Centre (ES-OSIC). The training session supported by the German Development Cooperation (GIZ-SEDIN), aims to equip participants with knowledge and skills to facilitate investments in the state.…

Land is a source of material wealth and tangible resources for human survival. But the activities of land grabbers are largely propelled by increasing urbanisation, industrialisation, greed by individuals and government officials, as well as a high rate of agribusiness expansion nationwide that has made land a scarce commodity. Also, the infamous activities of encroachers…

Lagos State Governor, Babajide Sanwo-Olu, yesterday, urged heads of parastatals and government-owned enterprises to explore new avenues and cutting-edge innovations to create an enabling environment that would foster investments and the state's growth.

Fresh off his return to the Forbes Africa Billionaires list after a seven-year hiatus, Otedola, with a net worth estimated at $1.1 billion, takes the reins from Ahmad Abdullahi. His appointment, effective immediately, follows a board meeting held earlier today. This news adds an intriguing layer to the ongoing saga surrounding FBN Holdings. In mid-2023,…