Economy
PEBEC Introduces App to Improve Ease of Doing Business in Nigeria
By Dipo Olowookere
The Presidential Enabling Business Environment Council (PEBEC) has launched an official public service feedback and complaints platform called the REPORTGOV.NG App.
This mobile application was designed to support business climate reforms implemented by the Council since 2016.
The platform, which is also a website, will facilitate the escalation and resolution of issues encountered with Ministries Departments and Agencies (MDAs) towards ensuring a more business-friendly environment.
Nigeria is currently placed at 146 among 190 economies in the ease of doing business index according to the latest World Bank annual rankings. However, as implementation of EO1 progresses and reforms are institutionalized, the aspiration is to place Nigeria in the top 100 and top 50 on the Index by year 2020 and 2025 respectively.
The REPORTGOV.NG mobile app is available on the Google Play store, and is coming soon to the iOS store to enable users give feedback or complaint that will drive continuous improvement in service delivery and public protection efforts.
The app was co-launched by the Minister, Industry, Trade and Investment, Mr Okey Enelamah; Chairman, Financial Reporting Council of Nigeria, Mr Adedotun Sulaiman; and SSA to the President on Industry, Trade and Investment, Dr Jumoke Oduwole, at the Regulatory Conversations (RC3.0) event themed “Improving Transparency and Ease of Doing Business in Nigeria.”
This event was hosted by The Convention on Business Integrity/The Integrity Organisation in collaboration with ActionAid, Nigerian Economic Summit Group, Lagos Chamber of Commerce & Industry and BusinessDay Newspapers, in partnership with the Enabling Business Environment Secretariat (EBES) of the Council.
The programme featured a panel of discussants and stakeholders from the public, private sector and civil society, with a focus on issues bordering on transparency and efficiency of service delivery in Nigeria.
PEBEC was established in July 2016 to remove delays and restrictions that come with doing business in Nigeria, and make the country an easier place to start and grow a business.
Supported by Executive Order 001 (EO1) signed in 2017 to promote transparency and efficiency in the business environment, PEBEC has undertaken to drive EO1’s six directives, which aim to address specific limitations identified in the civil and public service systems.
So far, a high level of success across several areas has been recorded, and MDAs have made significant improvements.
Many have taken up the challenge to deliver more transparent and efficient services to their customers in alignment with EO1, with a number of notable milestones achieved, such as an increase in the number of MDAs that have functional websites containing detailed information about their services or statutory functions, as well as improved collaboration among MDAs.
EO1 has been acknowledged as one of the FGN’s most innovative strategic initiatives to deliver quick, pragmatic changes in the doing business environment. It seeks to drive domestic and foreign investment that creates employment and stimulates the economy, by aspiring to overcome the lack of trust in public systems.
When fully implemented, EO1 will transform the way the FGN and its MDAs serve the business community and the public at large, as it is a blueprint for fundamental government reform in Nigeria.
By Aduragbemi Omiyale
The pre-registration training and examination for capital market operators (CMOs) for the second quarter of 2026 has been postponed.
Business Post gathered that the new date for the exercise is now Monday, June 15, 2026.
This information was disclosed by the Securities and Exchange Commission (SEC) through a circular on Monday, June 8, 2026.
The Nigerian capital market regulator stated that this postponement has also resulted in the extension of the deadline for registration to Friday, June 12, 2026.
In the notice today, the SEC expressed its regret for the inconvenience this action may cause operators, who had prepared for the initial date of the training and examination.
“Further to the recent circular on Q2 2026 Pre-registration Training and Examination, the Securities and Exchange Commission (SEC) hereby informs all eligible applicants for the Q2 2026 Pre-registration Training and Examination that the commencement date has been postponed to Monday, June 15, 2026.
“Registration on the designated portal has also been extended to Friday, June 12, 2026. All other conditions contained in the circular remain unchanged.
“The commission regrets any inconvenience this postponement may cause and appreciates the understanding of all applicants,” the disclosure noted.
By Aduragbemi Omiyale
One of the leading healthcare firms in Nigeria, Fidson Healthcare Plc, has listed additional shares on the Nigerian Exchange (NGX) Limited.
The new stocks absorbed into the stock market were 600 million units, raising the total issued and fully paid-up shares of Fidson to 3,000,000,000 ordinary shares of 50 Kobo each from 2,400,000,000 ordinary shares of 50 Kobo each.
The fresh equities came from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share.
They were issued to existing investors on the basis of one new ordinary share for every existing four ordinary shares held as of the close of business on Wednesday, November 12, 2025.
Confirming the development, the regulator in a notice said, “Trading licence holders are hereby notified that an additional 600,000,000 ordinary shares of 50 Kobo each of Fidson Healthcare Plc were on Tuesday, June 2, 2026, listed on the daily official list of Nigerian Exchange Limited.
“The additional shares arose from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share on the basis of one new ordinary share for every existing four ordinary shares held as at the close of business on Wednesday, November 12, 2025.
“With the listing of the additional 600,000,000 ordinary shares, the total issued and fully paid-up shares of Fidson Healthcare Plc have now increased from 2,400,000,000 to 3,000,000,000 ordinary shares of 50 Kobo each.”
By Modupe Gbadeyanka
This news will surely excite local contractors with verified claims of N100 million or less, as the federal government has approved their payments.
This approval for the disbursement was given by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele.
This followed a verification and reconciliation exercise designed to ensure only validated claims qualify for payment.
The beneficiaries cover contractors across multiple ministries, departments and agencies. The release of the funds is expected to enable contractors to return to project sites, pay workers, settle suppliers and meet outstanding financial commitments.
In an announcement on Monday, the Federal Ministry of Finance also said this latest batch of payments would ease liquidity pressure on small businesses and accelerate economic activity nationwide.
It was noted that the payments for verified claims of N100 million below were strategically done to spread economic impact broadly rather than concentrate disbursements among a handful of large firms.
The payments form part of a broader push to clear inherited contractor obligations, with over N700 billion verified in recent months.
“For many beneficiaries, the release of funds represents more than a financial transaction. It provides the certainty needed to sustain operations, preserve jobs, complete ongoing projects, and contribute to economic recovery and growth,” the ministry said in a statement.
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