Tuesday, December 2, 2025
26.4 C
Lagos

Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

The Nigerian Institute of Public Relations (NIPR) has once...

LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

The Lagos State Signage and Advertisement Agency (LASAA) has...

Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

As Nigeria’s media environment continues to evolve, brand sentiment has emerged...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

Nigerian Exchange (NGX) today hosted the Minister of Finance...

Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

Nigeria's equities market closed last week ending November 7...

NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

Nigerian Exchange Limited (NGX) has reaffirmed its leadership in...

Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

Sovereign Trust Insurance Plc notifies its shareholders and the...

Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

The insurance community in Nigeria is poised to upscale...

Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

The Nigerian Institute of Public Relations (NIPR) has once...

LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

The Lagos State Signage and Advertisement Agency (LASAA) has...

Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

As Nigeria’s media environment continues to evolve, brand sentiment has emerged...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

Nigerian Exchange (NGX) today hosted the Minister of Finance...

Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

Nigeria's equities market closed last week ending November 7...

NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

Nigerian Exchange Limited (NGX) has reaffirmed its leadership in...

Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

Sovereign Trust Insurance Plc notifies its shareholders and the...

Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

The insurance community in Nigeria is poised to upscale...

Nigeria Needs Strong Institutions, Diversified Economy for Growth

“Nigeria has experienced growth in the recent past and now is Africa’s largest economy. However, this growth has not translated in poverty reduction and reduced inequalities” said new Head of the United Nations System and UNDP Resident Representative, Fatma Samoura during a breakfast meeting with the media.

During the meeting attended by media representatives drawn from across the country, Ms. Samoura emphasised that for the gains made to be sustained, the country needed to urgently look at ways of expanding its sources of growth. She stated as Africa’s largest economy, Nigeria needed to address inequalities that continue to exist noting that growth that is not inclusive is not sustainable.

“At UNDP, we believe that expanding the sources of growth and ensuring that this growth is pro-poor remain key elements necessary for reducing the levels of poverty in Nigeria.” Ms. Samoura said.

UNDP is already providing strategic support to the Government of Nigeria in two key areas that will help expand this growth; – through support to interventions aimed at transforming the country’s agricultural sector; and strengthening the country’s solid minerals sector.

“UNDP is working with both the Federal and State governments because we believe that these two sectors have great potential to drive growth further.”

In collaboration with the Federal Ministry of Agriculture and Rural Development and the Africa Facility for Inclusive Markets of the UNDP Regional Centre, UNDP will next month be launching a project on ‘Agricultural Supplier Development Programme (ASDP).

This new project will create employment opportunities, and increase income and output for rural farmers. It will also strengthen the commodity supply chains by narrowing the gaps between farmers and retailers.

Samoura stated that a co-operation framework for strengthening the solid minerals sector between the Ministry of Solid Minerals and UNDP Nigeria is being developed.

“This framework is aimed at exploring avenues for increasing the production of minerals to generate revenue for the country as well as create employment opportunities for the million unemployed Nigerians.” She said.

She promised that the UNDP will continue to support the government in strengthening the country’s democratic governance and help build on the successes scored in the past, including the successful 2015 elections. Focus will be placed on further strengthening of the electoral process, provision of policy support, and enhancement of transparency in the public sector.

“For the country to succeed in preventing corruption from taking place, the present political will need to be supported by strong institutions.” UNDP will therefore continue providing the support to the Government to ensure it succeeds in its fight against corruption.

“We will continue working closely with the media, civil society organisations and strengthen our partnership with the Presidential Advisory Committee on Corruption, the National Assembly and other Anti-Corruption Agencies in order to achieve a culture of integrity in the country… The role of the media in shaping public opinion and advocating for transparent and accountable leadership cannot be over-emphasised.” Ms. Samoura stated.

Hot this week

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

Stanbic IBTC Bank Celebrates 70 Customers with ₦7m

Stanbic IBTC Bank continues to enhance the financial well-being...

Stanbic IBTC Asset Mgt Clinches Top Honour at Global Banking & Finance Awards

Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC...

Stanbic IBTC Bank PMI: New Orders Rise Sharply as Inflationary Pressures Wane

The introduction of new products helped to boost customer...

Topics

Buhari Commends Insurance Sector on Free Insurance Cover for Frontline Workers

  President Muhammad Buhari has commended the insurance sector for...

Moroccan Insurer, SAHAM, Acquires Continental Reinsurance Plc

Moroccan insurance company, Saham Finances announced, in a communiqué published on 16thSeptember, 2015, the acquisition of 53.6% of the capital of Continental Reinsurance PLC, a reinsurance company operating in 44 African countries. Saham, which did not reveal the cost of the transaction, specified having bought a majority shareholding in the company headquartered in Nigeria from private equity firm, Emerging Capital Partners (ECP Fund II), which controlled Continental Reinsurance for about a decade.

$1tn Economy: PenCom DG Seeks Commitment from Insurance, Pension Operators

Stakeholders in the nation’s insurance and pension sectors have...

AMCON, ICPC to Collaborate on Debt Recovery Drive

The Chairman of Independent Corrupt Practices and Other Related...

How Nigerian Politics Rivals Nollywood for Drama

In our series of letters from African journalists, novelist and writer, Adaobi Tricia Nwaubani looks at why Nigerians are hoping to be entertained by a crackdown on corruption. Two major industries in Nigeria share similar elements of melodrama and wildly implausible plots -films and politics.

How Custom Charges, FX Scarcity Aggravate Manufacturers’ Woes, Food Price Inflation

  Overview As Nigerians grapple with rising food prices amid aggravated...

Tope Smart to Assume AIO Presidency at 47th Confab in Lagos

Mr. Tope Smart, Group Managing Director/CEO, NEM Insurance Plc...

ASKY Named Regional Airline of the Year 2016

ASKY, the Pan-African Airline with the largest network in...
Exit mobile version