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COFAS calls for Cooperative Development Fund in Anambra

Laments poor financing, weak governance in the sector By Cynthia Alo The Cooperative Federation of Anambra State Limited, COFAS, has called on the State Government to establish a Cooperative Development Fund, CDF, and integrate cooperatives into the state’s economic planning. COFAS also disclosed that poor access to finance, weak governance structures, and low digital literacy […]

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NAICOM charges NIA to rebuild public trust in insurance

By Rosemary Iwunze Commissioner for Insurance, National Insurance Commission, NAICOM, Mr. Olusegun Ayo Omosehin, has charged the Nigerian Insurers Association, NIA, to lead the rebuilding of public trust in insurance as the industry enters a new phase of transformation. He gave the charge at the Investiture Ceremony of Mrs. Ebelechukwu Nwachukwu as the 27th Chairman of […]

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Rising cost of essentials to push more Nigerians into poverty — IMF

•Maintains forecast for Nigeria’s GDP at 4.1% in 2026, 4.3% in 2027 •Says improved macroeconomic stability supports Nigeria’s economy By Babajide Komolafe, Economy Editor The International Monetary Fund, IMF, has warned that rising prices of essential goods will deepen poverty and food insecurity in Nigeria despite improved macroeconomic stability, even as it maintained growth forecasts for […]

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Pension industry infrastructure fund nears launch — PenCom DG

By Emma Ujah, Abuja Bureau Chief The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has said the proposed Pension Industry Infrastructure Fund is in the final stages of implementation as part of efforts to channel a portion of the industry’s over N32 trillion assets into infrastructure and the capital market. She said: “The pension […]

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