Nigeria Sovereign Investment Authority
3 days ago
As Nigerians grapple with the latest hike in electricity tariffs, soaring from N66 to N225 per kilowatt, concerns arise regarding its implications on the effective delivery of essential public services.
23 Mar
The Federal Government has signed a Memorandum of Understanding with the Nigeria Sovereign Investment Authority (NSIA) for the procurement and maintenance of state-of-the-art radiotherapy equipment worth N38 billion in six cancer centres across the country under the government’s Oncology Initiative.
10 Jan
The Nigeria Sovereign Investment Authority (NSIA) has sealed a pact with All On to provide electricity to energy-deprived communities across the country.
20 Nov
The Nigeria Sovereign Investment Authority (NSIA) has launched a $500m Renewables Investment Platform for Limitless Energy (RIPLE). The Authority said the initiative is dedicated to the development, investment, and operation of renewable energy projects across the entire value chain. With RIPLE, NSIA said it is positioned to expand energy access, enhance energy efficiency and ensure…
4 Sep 2023
The Nigeria Sovereign Investment Authority on Monday received members of the House of Representatives who were in Lagos to inspect projects undertaken by the Authority and their impact on the economy. Key areas of focus for the Lagos visits were Healthcare, Infrastructure and Agriculture. The Ad-hoc Committee was constituted by the House of Representatives to…
30 Aug 2023
The Nigeria Sovereign Investment Authority (NSIA) has convened critical oncology stakeholders and strategic partners at the maiden edition of the NSIA Oncology Summit in Lagos to drive collaborations among partners and improve overall patient outcomes in cancer-care. Participants at the Summit included over 200 medical professionals in oncology, over11 Nigerian tertiary hospitals as well as…
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1 day ago
Abdulazeez Ganduje, the eldest son of the suspended national chairman of the All Progressives Congress (APC), Abdullahi Ganduje, paid a visit to the chairman of the Kano State Public Complaints and Anti-Corruption Commission, Muhyi Rimingado, at his office. Mr. Abdulazeez visited Mr. Rimingado on Wednesday evening to show his support for the chairman's anti-corruption efforts.…
1 day ago
NATIONAL Coordinator of presidential Unlocking Healthcare Value-Chain initiative, domiciled under the Federal Ministry of Health and Social Welfare, Dr Abdu Mukhtar, has disclosed that Nigeria imports 70 per cent pharmaceuticals, 99 per cent medical devices and 100 per cent vaccines. Mukhtar, in his presentation, yesterday, at the 11th Medic West Africa exhibition in Lägos, healthcare…
1 day ago
The Nigerian Army said it will probe the two soldiers allegedly involved in a reported case of theft at the Dangote Refinery in Lagos. Army spokesman, Major General Onyema Nwachukwu disclosed this in a statement on Wednesday. Onyema said the Army is deeply concerned about the alleged involvement of two of its personnel in the…
1 day ago
The Kaduna State House of Assembly has denounced the actions of Bello El-rufai, a federal lawmaker representing Kaduna North Federal Constituency. Bello is the son of immediate past governor Nasir El-Rufai. The assembly alleged that El-rufai attempted to obstruct the assembly's investigation into financial dealings and project implementation from 2015-2023 in the state. The assembly…
1 day ago
The Central Bank of Nigeria (CBN) has announced a review of the loan-to-deposit ratio (LDR) for banks, from 65 percent to 50 percent. The aim of the review is to align with the current monetary tightening. The apex bank disclosed this in a circular on Wednesday titled ‘Re: Regulatory Measures to Improve Lending to the…
1 day ago
Debt servicing may have been responsible for the drop in Nigeria’s foreign reserves from $34.45 billion to $32.61 billion within one month. Speaking at the ongoing Springs meeting of the World Bank Group and International Monetary Fund (IMF) in Washington, the United States, the governor of the Central Bank of Nigeria, Yemi Cardoso said some…
1 day ago
The Economic and Financial Crimes Commission, (EFCC) will on Thursday, April 18, 2024 arraign a former governor of Kogi State, Yahaya Adoza Bello before a Federal High Court sitting in Abuja. He will be arraigned before Justice Emeka Nwite alongside three other suspects, Ali Bello, Dauda Suleiman, and Abdulsalam Hudu on 19- count charges bordering…
1 day ago
A Brazilian woman Érika de Souza Vieira wheeled the corpse of her uncle 68-year-old Paulo Roberto Braga into a bank on Tuesday. Vieira wanted her dead uncle to sign off on a 17,000 reais ($3,250) loan to her. But she was arrested shortly after entering the bank. “Uncle, are you listening? You need to sign…
1 day ago
The ruling All Progressives Congress (APC) has dragged Justice Usman Na'Abba of the Kano High Court for allegedly breaching the extant provision of the law while granting an Ex-parte motion suspending its national chairman, Dr. Abdullahi Umar Ganduje from the party. In a petition to the Chief Justice of Nigeria, Olukayode Ariwoola, and the NJC,…
1 day ago
The Northern Elders Forum (NEF) has distanced itself from the widely reported news that the Northern region regrets voting for President Bola Tinubu. NEF in a statement by its Deputy Director General II, Salisu Mohammed, said the forum is not engaged in the politics of the 2027 election or decided on whom to support or…