Business

CBN projects $1bn diaspora reserve by 2026, commends banks

The Central Bank of Nigeria (CBN), says the bank is targeting a diaspora reserve of one billion dollars by 2026. Governor of CBN, Dr Olayemi Cardoso, said this at the…

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NCC, stakeholders move to build indigenous telecom workforce

The Federal Government, Nigerian Communications Commission (NCC) and telecom operators on Tuesday renewed calls for urgent collaboration to close the skill gaps threatening the future of Nigeria’s telecom industry. The…

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SGF urges groups to harness emerging techs for national growth

Secretary to the Government of the Federation, (SGF) Senator George Akume, has urged organisations to harness emerging technologies to drive Nigeria’s national aspirations. Speaking at the Nigerian Institute of Management…

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NRC suspends PH-Aba train services for maintenance

The Nigerian Railway Corporation (NRC) has suspended Port-Harcourt to Aba train services for routine maintenance. The Managing Director, NRC, Dr Kayode Opeifa said this in a statement on Friday in…

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NRC appoints, redeploys district managers, creates new offices

The management of the Nigerian Railway Corporation (NRC) has approved the appointment, redeployment and retention of some of its district managers and senior officers. The Managing Director of NRC, Dr…

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Dangote disowns truck involved in Enugu accident 

…owner as Visco Investment Global Limited The Management of Dangote Industries Limited, (DIL), has said that the truck involved in the recent accident in Enugu State is not owned by…

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NGX: Market capitalisation drops to N87trn

The Nigerian stock market continued on a bearish trend on Tuesday, losing N623 billion. Market capitalisation dropped by N623 billion or 0.71 per cent, closing at N87.783 trillion when compared…

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NNPCL appoints new heads of corporate communications, public relations

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the appointment of two seasoned executives, Mr Andy Odeh and Mrs Morenike Adewunmi, to key leadership positions. A statement by…

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NGX seeks global partnerships to boost market growth

The Nigerian Exchange Group (NGX) has reaffirmed its determination to grow its market through product expansion, increased listings, and strategic global partnerships. Chairman of the NGX, Dr Umaru Kwairanga, disclosed…

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New tax reform laws to spur investment, economic equity– Expert

A tax expert, Uzoma Kelechi, says the recently enacted Tax Reform Acts will enhance investment and promote fairness in Nigeria’s tax system. Kelechi said this during a capacity-building workshop organised…

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