The National Insurance Commission (NAICOM) has approved the new boards and managements of NICON Insurance Limited and Nigeria Reinsurance Corporation (Nigeria Re), following the takeover of the two firms by the Asset Management Corporation of...
The Bureau of Public Enterprises (BPE) and Quest Electricity Nigeria Limited have signed a Share Sale and Purchase Agreement (SSPA) for the privatisation of Yola Electricity Distribution Company (YEDC). Speaking at the agreement-signing ceremony in Abuja,...
The Presidency, through the Bureau of Public Enterprises (BPE), has commenced moves to probe the privatisation of several automotive firms including Peugeot, Kaduna; Nigeria Truck Manufacturing, Kano; ANAMMCO, among others. According to Daily Trust, three committees...
The Senate Wednesday directed 59 federal agencies to return over N300bn illegally spent from 2013 to 2015 to the federation account within 60 days.. This followed the consideration of the report of the Committee on Public...
The Bureau of Public Enterprise (BPE) has projected over N493 billion revenue from 36 projects it is undertaking in 2021. The Director-General, BPE, Alex Okoh, who made the disclosure at a briefing in Abuja said the...
The Bureau of Public Enterprises (BPE) has urged prospective power investors not to be discouraged that the five (NIPPs) put up for sale will go on as planned. The Bureau said that the Buhari administration remains...
The director-general of the Bureau of Public Enterprises (BPE), Alex Okoh, has said that Nigeria can emulate China in leveraging free trade zones (FTZs) to boost foreign direct investments (FDI). In a statement by Amina Tukur...
The Bureau of Public Enterprises (BPE) has signed an agreement with United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF) for the agency deliver infrastructure projects under the public-private partnership (PPP) model. In a statement signed by Amina...
The Bureau of Public Enterprises (BPE) has said foreign investors would participate in a one-day webinar on the theme: Financing Public Private Partnership to Boost Infrastructure Delivery in Nigeria” on Thursday BPE said the webinar is...
The Bureau of Public Enterprise (BPE) has said that port concessionaires contributed over N538.010 billion to the economy from 2006 when they got signed on to December 2017. Director General, Bureau of BPE, Alex Okoh, disclosed...