Private sector – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Thu, 19 Mar 2026 07:07:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Private sector – InfoStride News https://www.theinfostride.com 32 32 CBN records N74.41tn credit to private sector in one month https://www.theinfostride.com/cbn-records-n74-41tn-credit-to-private-sector-in-one-month/ https://www.theinfostride.com/cbn-records-n74-41tn-credit-to-private-sector-in-one-month/#respond Thu, 19 Mar 2026 07:00:19 +0000 https://www.theinfostride.com/?p=472542 The Central Bank of Nigeria has disclosed that commercial banks extended a total of N74.41 trillion in credit to the private sector in a single month, highlighting the continued expansion of lending activities and the central role of banks in supporting economic growth. The report underscores the resilience of Nigeria’s financial system and signals the [...]

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]]> https://www.theinfostride.com/cbn-records-n74-41tn-credit-to-private-sector-in-one-month/feed/ 0 Government Trains Agencies, Private Sector on AfCFTA Implementation https://www.theinfostride.com/government-trains-agencies-private-sector-on-afcfta-implementation/ https://www.theinfostride.com/government-trains-agencies-private-sector-on-afcfta-implementation/#respond Wed, 28 Jan 2026 17:00:28 +0000 https://www.theinfostride.com/?p=467031 The Federal Government has commenced a comprehensive training program for key government agencies and private sector players on the operational rules of the African Continental Free Trade Area (AfCFTA), in a renewed effort to strengthen Nigeria’s participation in the single market and boost non-oil exports. The initiative, spearheaded by the Ministry of Industry, Trade, and [...]

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]]> https://www.theinfostride.com/government-trains-agencies-private-sector-on-afcfta-implementation/feed/ 0 World Bank Urges FG to Address Private Sector Constraints https://www.theinfostride.com/world-bank-urges-fg-to-address-private-sector-constraints/ https://www.theinfostride.com/world-bank-urges-fg-to-address-private-sector-constraints/#respond Tue, 20 Jan 2026 20:40:57 +0000 https://www.theinfostride.com/?p=402756 The World Bank has called on the Federal Government to tackle key obstacles hindering private sector growth in Nigeria, stressing that reforms in critical areas could unlock billions of dollars in investment and drive economic expansion. In its latest assessment, the global financial institution highlighted issues such as inconsistent policies, inadequate infrastructure, forex shortages, and [...]

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]]> https://www.theinfostride.com/world-bank-urges-fg-to-address-private-sector-constraints/feed/ 0 Oyetola Emphasizes Private Sector Role in Port Modernisation Drive https://www.theinfostride.com/oyetola-emphasizes-private-sector-role-in-port-modernisation-drive/ https://www.theinfostride.com/oyetola-emphasizes-private-sector-role-in-port-modernisation-drive/#respond Wed, 24 Dec 2025 12:33:14 +0000 https://www.theinfostride.com/?p=467750 The Minister of Marine and Blue Economy, Adegboyega Oyetola, has reiterated that Nigeria’s port modernisation agenda cannot succeed without strong collaboration and investments from the private sector. Speaking during a stakeholders’ engagement session in Lagos, the minister stressed that modernising the nation’s port infrastructure is critical to enhancing efficiency, boosting trade competitiveness, and positioning Nigeria [...]

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]]> https://www.theinfostride.com/oyetola-emphasizes-private-sector-role-in-port-modernisation-drive/feed/ 0 Inflation Moderates to 14.45% as Private Sector Urges Credit Access for Small Businesses https://www.theinfostride.com/inflation-moderates-to-14-45-as-private-sector-urges-credit-access-for-small-businesses/ https://www.theinfostride.com/inflation-moderates-to-14-45-as-private-sector-urges-credit-access-for-small-businesses/#respond Tue, 16 Dec 2025 14:30:15 +0000 https://www.theinfostride.com/?p=473605 Nigeria’s inflation rate eased to 14.45 per cent, providing cautious optimism for the economy as organised private sector groups renewed calls for stronger credit support for micro, small and medium enterprises to sustain growth and employment. Reports by Punch and other Nigerian news outlets indicate that the moderation in inflation reflects a slowdown in price [...]

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]]> https://www.theinfostride.com/inflation-moderates-to-14-45-as-private-sector-urges-credit-access-for-small-businesses/feed/ 0 Elumelu Advocates Private Sector as Key Driver of Economic Growth https://www.theinfostride.com/elumelu-advocates-private-sector-as-key-driver-of-economic-growth/ https://www.theinfostride.com/elumelu-advocates-private-sector-as-key-driver-of-economic-growth/#respond Thu, 23 Oct 2025 14:54:31 +0000 https://www.theinfostride.com/?p=469831 Renowned entrepreneur and Chairman of Heirs Holdings, Tony O. Elumelu, has reaffirmed his belief that the private sector remains the most powerful engine for driving sustainable economic growth and development across Africa. Speaking at a recent high-level economic forum in Lagos, Elumelu emphasized that empowering entrepreneurs and strengthening private sector institutions are essential for creating [...]

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]]> https://www.theinfostride.com/elumelu-advocates-private-sector-as-key-driver-of-economic-growth/feed/ 0 Nigeria’s Purchasing Managers’ Index Rises to 54.0 in September — CBN https://www.theinfostride.com/nigerias-purchasing-managers-index-rises-to-54-0-in-september-cbn/ https://www.theinfostride.com/nigerias-purchasing-managers-index-rises-to-54-0-in-september-cbn/#respond Tue, 14 Oct 2025 13:41:03 +0000 https://www.theinfostride.com/?p=469043 Nigeria’s private sector activity expanded further in September 2025 as the Central Bank of Nigeria (CBN) reported that the Purchasing Managers’ Index (PMI) surged to 54.0 points, signaling sustained business growth and improved economic momentum across key sectors. The rise, which reflects higher output, new orders, and stronger business confidence, represents one of the highest [...]

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]]> https://www.theinfostride.com/nigerias-purchasing-managers-index-rises-to-54-0-in-september-cbn/feed/ 0 Reps Push Enforcement of Health Insurance Compliance in Private Sector https://www.theinfostride.com/reps-push-enforcement-of-health-insurance-compliance-in-private-sector/ https://www.theinfostride.com/reps-push-enforcement-of-health-insurance-compliance-in-private-sector/#respond Sat, 11 Oct 2025 18:02:14 +0000 https://www.theinfostride.com/?p=468837 The House of Representatives has intensified efforts to ensure that private companies across Nigeria comply with the nation’s health insurance regulations, in a move aimed at expanding universal health coverage and improving access to quality healthcare for workers. The resolution followed a motion moved during plenary, where lawmakers expressed concern over the widespread disregard for [...]

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]]> https://www.theinfostride.com/reps-push-enforcement-of-health-insurance-compliance-in-private-sector/feed/ 0 Nigeria’s Private Sector Sees Strongest Job Growth in Nearly Two Years https://www.theinfostride.com/nigerias-private-sector-sees-strongest-job-growth-in-nearly-two-years/ https://www.theinfostride.com/nigerias-private-sector-sees-strongest-job-growth-in-nearly-two-years/#respond Thu, 02 Oct 2025 11:34:33 +0000 https://www.theinfostride.com/?p=468061 Nigeria’s private sector has posted its most significant expansion in employment in almost two years, signaling cautious optimism in the economy despite persistent challenges of inflation, high borrowing costs, and foreign exchange instability. The latest data released through business activity surveys and industry assessments revealed that hiring surged across multiple industries in August 2025, marking [...]

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]]> https://www.theinfostride.com/nigerias-private-sector-sees-strongest-job-growth-in-nearly-two-years/feed/ 0 Tripartite Committee responds to Unrealistic NLC & TUC’s Proposal of N494,000 Minimum Wage https://www.theinfostride.com/tripartite-committee-responds-to-unrealistic-nlc-tucs-proposal-of-n494000-minimum-wage/ https://www.theinfostride.com/tripartite-committee-responds-to-unrealistic-nlc-tucs-proposal-of-n494000-minimum-wage/#respond Sun, 02 Jun 2024 16:06:37 +0000 https://www.theinfostride.com/?p=379652 During the meeting held on Tuesday, 28 May 2024, the tripartite partners, including government representatives and the organised private sector, presented their proposals for the new national minimum wage. Before the shutdown: the Nigerian Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC) demanded N494K as the minimum wage: Read the response of the [...]

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]]> https://www.theinfostride.com/tripartite-committee-responds-to-unrealistic-nlc-tucs-proposal-of-n494000-minimum-wage/feed/ 0 FG declares Labour’s N494,000 Minimum Wage Demand Unsustainable https://www.theinfostride.com/fg-declares-labours-n494000-minimum-wage-demand-unsustainable/ https://www.theinfostride.com/fg-declares-labours-n494000-minimum-wage-demand-unsustainable/#respond Sun, 02 Jun 2024 15:42:52 +0000 https://www.theinfostride.com/?p=379645 The Minister of Information and National Orientation, Mohammed Idris, has announced that the N494,000 national minimum wage demanded by organised labour, which totals N9.5 trillion annually, is economically unfeasible and could jeopardise the welfare of over 200 million Nigerians. Addressing a press conference in Abuja, Idris responded to the organised labour’s strike threat should their [...]

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]]> https://www.theinfostride.com/fg-declares-labours-n494000-minimum-wage-demand-unsustainable/feed/ 0 Private sector key to infrastructure development – Report https://www.theinfostride.com/private-sector-key-to-infrastructure-development-report/ https://www.theinfostride.com/private-sector-key-to-infrastructure-development-report/#respond Mon, 18 Mar 2024 20:58:11 +0000 https://www.theinfostride.com/?p=373424 Coronation Group has said that the private sector is critical in the development of infrastructure in the country and globally. This was stated in the maiden infrastructure report released by the firm recently. The report said that with the dwindling public resources, private sector investment would be a solution for bridging funding gaps and unlocking [...]

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]]> https://www.theinfostride.com/private-sector-key-to-infrastructure-development-report/feed/ 0 Private sector opportunities are quite visible in Nigeria says American Business Council https://www.theinfostride.com/private-sector-opportunities-are-quite-visible-in-nigeria-says-american-business-council/ https://www.theinfostride.com/private-sector-opportunities-are-quite-visible-in-nigeria-says-american-business-council/#respond Tue, 08 Mar 2022 14:41:02 +0000 https://www.theinfostride.com/?p=319966 The American Business Council has established that it sees positive opportunities for the private sector in Nigeria amid issues of multiplicities of policy challenges. Magaret Olele, the Chief Executive Officer, American Business Council said this during its 2022 economic update titled, “the opportunities and imperative for businesses.” The event, in partnership with KPMG saw experts [...]

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]]> https://www.theinfostride.com/private-sector-opportunities-are-quite-visible-in-nigeria-says-american-business-council/feed/ 0 The Private Sector Is Part Of Nigeria’s Problem – Ngozi Okonjo-Iweala https://www.theinfostride.com/the-private-sector-is-part-of-nigerias-problem-ngozi-okonjo-iweala/ Tue, 17 Oct 2017 23:59:50 +0000 http://www.theinfostride.com/?p=185650 Ngozi Okonjo-Iweala, has said that the best possible way for the Federal Government to properly check corruption is to strengthen the country’s institutions. She said, “In terms of the fight against corruption, incentives and institutions matter. My experience has been that people in one place are no more corrupt than the other; but if the [...]

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]]> YESSO: Oyo State signs MOU with Private Sector on Promotion of Fruits, Vegetable https://www.theinfostride.com/yesso-oyo-state-signs-mou-with-private-sector-on-promotion-of-fruits-vegetable/ Sun, 13 Aug 2017 14:56:51 +0000 http://www.theinfostride.com/?p=177971 In a bid to ensure skills acquisitions and job component for the 190 Youth Empowerment and Social Support Operations (YESSO) beneficiaries in Oyo State, the government has signed a Memorandum of Understanding (MoU) with the Organized Private Sector (OPS) in the state. More so, the State Government has signed a (MOU) with Hills Harvest Limited [...]

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]]> Osinbajo Praises Buhari’s Vision, says Administration is an Enabler of the Nigerian Private Sector https://www.theinfostride.com/osinbajo-praises-buharis-vision-says-administration-is-an-enabler-of-the-nigerian-private-sector/ Fri, 28 Jul 2017 21:48:04 +0000 https://www.theinfostride.com/?p=174514 Acting President, Prof. Yemi Osinbajo while declaring that this administration is an enabler of the Nigerian private sector, he also adds that Indorama’s success story is a manifestation of Buhari’s vision for a truly private sector-driven economy. “It is impossible for government to ever be able to provide all the capital needed to invest in [...]

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]]> FG Is Committed To The Growth Of Private Sector, says Yemi Osinbajo https://www.theinfostride.com/fg-is-committed-to-the-growth-of-private-sector-yemi-osinbajo/ Fri, 28 Jul 2017 03:00:29 +0000 http://www.theinfostride.com/?p=174322 Nigeria’s Acting President, Prof. Yemi Osinbajo on Thursday said that the Federal Government was totally committed to the success and growth of the private sector. He said the Federal Government had been placing emphasis on improving significantly the business environment for small and large businesses. According to him, last year, President Buhari established a Presidential [...]

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]]> Federal Government Shouldn’t Ignore Agitations For Self-Determination – Kalu https://www.theinfostride.com/federal-government-shouldnt-ignore-agitations-for-self-determination-kalu/ Mon, 07 Dec 2015 15:37:56 +0000 http://www.theinfostride.com/?p=110910 Amid sliding value of the Naira and mounting complaints by private sector players on the tottering state of the economy, all appears not to be well with the Nigerian state. But former Abia State governor, Dr Orji Uzor Kalu, says it is not time to despair because President Muhammadu Buhari is making efforts to rework [...]

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]]> Fuel Subsidy Is Killing Nigeria’s Economy – Onukeme https://www.theinfostride.com/fuel-subsidy-is-killing-nigerias-economy-onukeme/ Sat, 21 Nov 2015 21:35:58 +0000 http://www.theinfostride.com/?p=108160 An oil magnate, Chief Tony Onukeme, has urged the Federal Government to remove all forms of subsidy on petroleum products. Chief Onukeme made the call in Awka, Anambra State on Friday. He said the subsidy regime had contributed greatly to the underdevelopment of the nation’s oil sector and had led to the starvation of other [...]

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]]> Nigeria’s Health Ministry to partner Private Sector on Fight Against Hypertension https://www.theinfostride.com/nigerias-health-ministry-to-partner-private-sector-on-fight-against-hypertension/ Wed, 23 Sep 2015 22:22:47 +0000 http://www.theinfostride.com/?p=100692 The Federal Ministry of Health is to collaborate with an indigenous manufacturing company in the production of medicines with specialty in anti-hypertensive drugs to make drugs available and affordable to Nigerians, in line with the National Drug Policy (NDP) and Essential Medicines List (EML). The Permanent Secretary in the Ministry, Linus Awute, who made this [...]

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]]> Government Executives Bring Wealth Of Experience To Private Sector Business https://www.theinfostride.com/government-executives-bring-wealth-of-experience-to-private-sector-business/ Wed, 09 Sep 2015 00:52:11 +0000 http://www.theinfostride.com/?p=97853 When executives who have held positions in the government transfer to private sector business, they bring with them knowledge and experience they have acquired over time. This quickly becomes very valuable to private business enterprises. These executives understand the incentives, the needs and goals of both sectors and are able to apply this knowledge to [...]

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]]> Nigerian Health Workers Raise The Alarm Over Alleged Plans To Privatize Sector https://www.theinfostride.com/health-workers-raise-the-alarm-over-alleged-plans-to-privatize-sector/ Tue, 04 Aug 2015 08:15:17 +0000 http://www.theinfostride.com/2015/08/health-workers-raise-the-alarm-over-alleged-plans-to-privatize-sector/ Health workers under the umbrella of Joint Health Sector Unions (JOHESU)/Assembly of Healthcare Professional Associations (AHPA) have raised the alarm over plans by the Federal Government to privatise public health institutions. The workers who include all the professionals in the health sector besides doctors, yesterday, at a press briefing in Lagos, cautioned President Muhammadu Buhari [...]

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]]> Investing in sustainable water systems: who is leading the way? https://www.theinfostride.com/investing-in-sustainable-water-systems-who-is-leading-the-way/ Wed, 18 Dec 2013 23:30:06 +0000 http://www.theinfostride.com/?p=5538 Prioritising sanitation can be hard for decision-makers in developing countries but little investment in infrastructure, billing and collection goes a long way

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