Sector Focus and Industry Vertical Categories

Federal Authorities Emphasize Financial System Stability Amid Economic Reforms

Posted on by Newswire & Public Relations Agency
Federal Authorities Emphasize Financial System Stability Amid Economic Reforms

Nigeria’s fiscal and monetary authorities have reiterated their commitment to maintaining financial system stability as economic reforms progress. Officials highlighted the role of prudent fiscal management, robust banking supervision, and policy coordination in safeguarding confidence. The Central Bank of Nigeria continues to prioritize capital adequacy, risk-based supervision, and oversight of digital financial services. Market participants described the regulatory stance as essential for preserving systemic resilience. Africa Signal Financial Analysts note that a stable financial system…

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Telecom Operators Accelerate Network Expansion Amid Rising Data Demand

Posted on by Newsroom Operations
Telecom Operators Accelerate Network Expansion Amid Rising Data Demand

Telecommunications operators in Nigeria are accelerating investments in network expansion to meet rising demand for data and enterprise connectivity. Ongoing projects include fiber rollout, base station upgrades, and capacity enhancement across urban and semi urban areas. Industry executives stated that increased smartphone penetration, digital services adoption, and remote work trends are driving sustained data traffic growth. Network expansion is also viewed as critical to supporting sectors such as fintech, e commerce, education, and healthcare. Policy…

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Aviation Authority Tightens Safety Oversight Across the Sector

Posted on by Newsroom Operations
Aviation Authority Tightens Safety Oversight Across the Sector

The Nigerian Civil Aviation Authority has implemented enhanced safety oversight measures covering airline operations, aircraft maintenance, and airport infrastructure. The regulator stated that the steps align with international aviation safety standards and global best practices. Measures include intensified inspections, data driven risk assessment, and stricter compliance monitoring. Airlines and airport operators have been directed to address identified gaps within specified timelines. Aviation stakeholders note that safety oversight is central to passenger confidence and international connectivity….

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Federal Authorities Reaffirm Commitment to Financial System Stability Amid Economic Adjustment

Posted on by Newsroom Operations
Federal Authorities Reaffirm Commitment to Financial System Stability Amid Economic Adjustment

The Federal Government and the Central Bank of Nigeria have reaffirmed their joint commitment to safeguarding financial system stability as the economy navigates ongoing structural adjustments. The position was restated during a high-level policy engagement involving fiscal authorities, financial institutions, and market stakeholders, where emphasis was placed on coordination, prudence, and institutional resilience. The Minister of Finance (State), Dr. Doris Uzoka-Anite described financial stability as the foundation upon which economic reform, investment confidence, and inclusive…

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Lagos launches inaugural Street Art Festival to showcase public murals

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Lagos launches inaugural Street Art Festival to showcase public murals

Lagos opened its inaugural Street Art Festival titled Legendary Lagos: City of Dreams, introducing a state backed cultural platform designed to transform the urban landscape through large scale public murals and creative installations. The event brings together local and international artists with the primary objective of taking art directly to communities rather than limiting cultural expression to galleries or elite venues. State officials highlight the festival as part of a broader tourism revitalisation programme intended…

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