Economy
SDGs: Standard Chartered Identifies $114bn Investments in Nigeria
The Standard Chartered SDG Investment Map reveals an almost $10 trillion ($9.668 trillion) opportunity for private-sector investors across all emerging markets to help achieve the UN’s Sustainable Development Goals (SDGs), with Nigeria representing $114.2 billion of that total.
The study identifies opportunities for the private sector to contribute to three infrastructure-focused goals between now and 2030: SDG 6: Clean Water and Sanitation, SDG 7: Affordable and Clean Energy and SDG 9: Industry, Innovation and Infrastructure across emerging markets.
Getting connected
In Nigeria, the greatest SDG investment opportunity is found in improving digital access, a key indicator of SDG 9, which encourages improvement in industry, innovation and infrastructure.
Opportunity2030 finds that securing full digital adoption in Nigeria – a combination of mobile phone subscription rates and internet connectivity – will require private-sector investment of around $47.4 billion.
Achieving universal access to power (a key SDG 7 indicator) represents a $32.3 billion private sector opportunity. This takes into account the proportion of the Nigerian population currently lacking electricity access (46 percent), projected population growth, and the growing demand for power as the economy develops.
The opportunity in the water and sanitation sector is smaller, but still impactful. Around 45 per cent of the Nigerian population still do not have access to clean water and sanitation (a key SDG 6 indicator) and closing this gap by 2030 will require significant investment, with an opportunity for the private sector to provide around $5.7 billion of the funding.
Lamin Manjang, CEO at Standard Chartered, Nigeria said: “As Africa’s largest economy, and with a rapidly growing population, Nigeria represents an excellent opportunity for investors looking to fund infrastructure projects that will secure long-term returns whilst improving the lives of its citizens. The SDGs are also a key focus for the Nigerian government.
“Opportunity2030 provides an important map of the SDG opportunities for private sector investors looking to invest with impact and improve the lives of millions of Nigerians over the next decade.”
Opportunity2030: Investment opportunity in achieving the SDGs in Nigeria, by sector indicator:
| SDG 6: Clean Water and Sanitation | SDG 7: Affordable and Clean Energy | SDG 9: Industry, Innovation and Infrastructure
|
||
| Sector | Water and sanitation | Power | Transport | Digital access |
| Current performance | 55% access to clean water and sanitation | 54% access to electricity | Logistics Performance Index (LPI) infrastructure score of 2.56 | 51% digital access |
| Target by 2030 | 100% access to clean water and sanitation | 100% access to electricity | LPI infrastructure score of 2.95 | 100% access digital access |
| Total investment required to 2030 | USD57.1bn | USD71.8bn | USD82.3bn | USD78.9bn |
| Potential private-sector investment opportunity to 2030 | USD5.7bn | USD32.3bn | USD28.8bn | USD47.4bn |
You can download the full Standard Chartered Opportunity2030 report here .
Economy
SEC Postpones Q2 2026 Pre-registration Training, Examination for CMOs
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.
Economy
Fidson Lists Additional 600 million Shares on Stock Exchange
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.”
Economy
FG Approves Payments to 1,240 Contractors to Ease Liquidity Pressure
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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