Category: Business

By George Ozalla Speaking yesterday at the ongoing Afreximbank Annual General Meeting at the Transcorp event center in Abuja, former President Olusegun Obasanjo expressed concern over Africa’s stunted growth trajectory, attributing it to poor leadership and corruption. Obasanjo who emphasized the need for African countries to collaborate to realize their economic aspirations. According to Obasanjo, […]

By George Ozalla The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has commended the Nigeria Customs Service (NCS) for its remarkable strides in customs modernisation and trade facilitation. The recognition was made during the 145th/146th Sessions Opening of the Customs Co-operation Council, held on June 26th, 2025, at the World Customs Organisation […]

By George Ozalla The African Export-Import Bank (Afreximbank) is targeting “billions of dollars” in funding deals during its 32nd Annual Meetings (AAM2025), slated to be held in Abuja, Nigeria’s capital, from June 25-27, 2025. According to Vincent Musumba, Manager, Communications and Events at Afreximbank, the significant billion-dollar trade and investment deals to be facilitated by […]

*Special Feature* By George Ozalla Nestoil Limited, a leading indigenous Engineering, Procurement, Construction, and Commissioning (EPCC) company incorporated in 1991, operating in Nigeria’s oil and gas sector, is poised to make yet another great impact at the 24th NOG Energy Week Conference & Exhibition. The event, scheduled from June 29 to July 3, 2025, at […]

By George Ozalla The Nigerian Communications Commission (NCC) has directed deposit money banks (DMBs) to stop deducting charges for unstructured supplementary service data (USSD) transactions directly from customers’ bank accounts. Instead, these charges will now be deducted from users’ mobile airtime, effective June 3, 2025. Each USSD session will attract a charge of ₦6.98 per […]

By George Ozalla The Federal Government has taken a significant step towards repositioning Nigeria’s industrial trajectory by inaugurating seven planning committees for the National Industrial Manpower Summit. This initiative aims to develop a skilled and globally competitive workforce, aligning with President Bola Tinubu’s Renewed Hope Agenda. The National Industrial Manpower Summit is designed to assess […]

By George Ozalla The House of Representatives has taken a poignant step towards reforming Nigeria’s financial legal framework by calling for a review of the Ministry of Finance Incorporated (MOFI) Act. The House of Representatives Committees on Finance and Public Assets during a public hearing on Tuesday to discuss a bill targeted at repealing the […]

By George Ozalla Former Anambra State Governor and 2023 Labour Party presidential candidate, Peter Obi, has condemned the alleged demand of ₦700,000 from traders to reopen their shops at the Onitsha Head Bridge Market. Obi described the action as “insensitive” and called on authorities to reconsider the charge. “I recall visiting the Head Bridge Market […]

By George Ozalla The Nigerian Communications Commission (NCC) says it has mandated telecom licensees in Nigeria to inform consumers of major service outages on their networks through media channels, stating the cause(s) of the service interruption, and the area(s) affected by the service interruption/outage, as well as the time that would be taken to restore […]

By Michael Adedotun Oke The allure of agricultural farming in Nigeria captivates many, yet harsh realities often dampen enthusiasm. Despite these challenges, hope remains for a prosperous future in the nation’s farmlands. As the farming season sets in, ensuring food availability for all Nigerians becomes clear. This requires a fundamental shift in cultivation practices, greater […]