The Nigerians in Diaspora Commission (NiDCOM) has lauded the Central Bank of Nigeria (CBN) for introducing two groundbreaking financial products aimed at engaging the Nigerian diaspora: the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA). In a statement released on Thursday by the Commission’s spokesperson, […]
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Nigeria’s Headline Inflation Rate Increases to 34.80% in December 2024
Nigeria’s headline inflation rate rose to 34.80% in December 2024, according to the latest report from the National Bureau of Statistics (NBS). This represents a slight increase of 0.20% from the 34.60% recorded in November 2024, primarily driven by heightened demand for goods and services during the festive season. The […]
Air Peace Secures Sixth IOSA Certification To Boost Safety In Aviation
Air Peace Limited, has secured its sixth consecutive International Air Transport Association Operational Safety Audit (IOSA) Certification. The company in a statement said the development highlights Air Peace’s commitment to maintaining the global safety standards in aviation, cementing its position as a leader in the industry. […]
Curiosity mounts over new children’s show in the offing
The country is buzzing with expectation following hints that a children’s music sitcom will soon make a grand entry into the Nigerian entertainment landscape. Reportedly, the company behind the show is Anthill Studios, a leader in the creation and production of many Nollywood titles including the recent Netflix blockbuster, Lisabi. The organization […]
Popoola Highlights Regional Collaboration At Ethiopian Securities Exchange Inauguration
Group CEO of Nigerian Exchange Group Plc (NGX Group), Temi Popoola reiterated the transformative potential of Africa’s capital markets at the launch of the Ethiopian Securities Exchange (ESX). Speaking at the event, Popoola emphasized the need for stronger regional collaboration, government-private sector synergy, and innovative market solutions to unlock […]
FG Expresses Commitment to Building Strong, Vibrant Capital Market
The Federal Government has reiterated its commitment to strengthening the capital market to promote wealth creation for Nigerians and support national development. The Minister of State for Finance, Dr. Doris Uzoka-Anite stated this during a meeting with members of the board of the Securities and Exchange Commission in Abuja, over […]
BudgIT Raises Concern Over Irregularities in 2025 FG Proposed Budget, Calls for Prudent, Patriotic, and Inclusive Review by National Assembly
BudgIT, a civic-tech organisation promoting transparency, accountability, and effective service delivery in Nigeria, has observed certain legacy issues with the 2025 Federal Government Proposed Budget and calls on the National Assembly to proactively address the irregularities, exercise its “Powers of the Purse” responsibly, allow robust public participation in the budget […]
Airtel Africa CFO To Retire In July 2025
Airtel Africa Plc has announced that its Chief Financial Officer (CFO), Jaideep Paul, will retire following the company’s Annual General Meeting (AGM) scheduled for July 2025. The announcement was made in a statement issued by the company and submitted to the Nigerian Exchange Limited (NGX). Paul, 63, will transition […]
Air Peace, ADINA Summit Partners to Strengthen African Trade and Diaspora Connections
Air Peace, Nigeria’s leading airline, recently solidified its commitment to fostering stronger ties between Africa and its global diaspora through its strategic partnership with the Africa Diaspora Investment Network Alliance (ADINA) Summit 2024. The event, held on December 27, 2024, at the prestigious Kempinski Gold Coast City Hotel in Accra, […]
Hyundai Motor, Kia Motor see uptick in 2025 sales after missing 2024 targets
Hyundai Motor Co and affiliate Kia Corp aim to grow their combined global sales by 2% to 7.39 million vehicles in 2025, after reporting a dip in 2024 sales and missing their targets. The automakers, which together rank third in global vehicle sales, sold 7.23 million vehicles in 2024, […]