Business – Page 16 – National Daily Newspaper

Naira at ₦1,360/$: Can the Currency’s New Stability Last?

Heavy reliance on portfolio inflows threatens Nigeria’s $51bn reserves — EBC

Global brokerage firm EBC Financial Group has cautioned that Nigeria’s external reserves, which recently climbed to about $51 billion, remain vulnerable due to the...

Nigerian Banks face rising climate-related credit risks, Fitch says

Business1 month ago

Nigerian Banks face rising climate-related credit risks, Fitch says

Nigeria’s banking sector faces mounting exposure to climate-related risks that could significantly weaken asset quality, increase credit losses and reshape lending practices over the coming decades,...

SEC sets July 10 deadline for Q2 ownership, capital flows returns

Business1 month ago

SEC sets July 10 deadline for Q2 ownership, capital flows returns

The Securities and Exchange Commission (SEC) has directed all Capital Market Operators (CMOs) to submit their Q2 2026 Ownership Structure and Capital Flows Returns...

Airtel Africa Powers N3.45tn NGX rally as Investors regain confidence ahead of Q2 earnings

Business1 month ago

Airtel Africa Powers N3.45tn NGX rally as Investors regain confidence ahead of Q2 earnings

The Nigerian equities market recorded its strongest single-day performance in weeks on Wednesday, July 8, with investors’ wealth increasing by N3.45 trillion as strong...

NCC, NITDA, NDPC told to defer enforcement of digital economy regulations

Business1 month ago

NCC, NITDA, NDPC told to defer enforcement of digital economy regulations

The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has directed key digital regulatory agencies to suspend the implementation and enforcement of regulations...

Strengthening Nigeria’s Food Production Through Reliable Water Storage Infrastructure

Agribusiness1 month ago

Strengthening Nigeria’s Food Production Through Reliable Water Storage Infrastructure

Nigeria’s agricultural sector is at the centre of the country’s economic future. From rice farms in Kebbi to tomato production in Kano and cassava cultivation...

Business1 month ago

Fresh anxiety for property owners as FG expands Lagos-Calabar Coastal Highway right of way

The Federal Government has announced an additional 15-metre setback along sections of the ongoing Lagos-Calabar Coastal Highway, a move expected to facilitate the construction of drainage...

Nigeria’s FX market turnover climbs to quarterly peak at $3.05bn

Business1 month ago

Nigeria’s FX market turnover climbs to quarterly peak at $3.05bn

Nigeria’s foreign exchange market opened the third quarter of 2026 on a strong note, recording its highest weekly turnover of the current quarter as total...

The Executive Vice Chairman and the Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Dr Aminu Maida has reaffirmed the Commission’s commitment to continued collaboration and partnership with stakeholders to make Nigeria’s telecom industry remain resilient and sustainable. Dr Maida, who stated this while receiving a delegation of the Nigeria Institute of Public Relations (NIPR) led by its President, Dr Ike Neliaku at the Commission’s Head Office, Monday in Maitama, Abuja, noted that the Commission will continue to partner with relevant professional bodies, including NIPR, in promoting public awareness, responsible communication, and stakeholder engagement on issues relating to the telecommunications sector. The EVC commended the NIPR for winning the bid to host the 2026 World Public Relations Forum in Nigeria while noting that the circumstances under which it won the bid offer valuable lessons. "It tells a compelling story of perseverance, strategic communication, and the importance of owning the narrative. It also reflects our ability to convincingly demonstrate to the Global Alliance and other stakeholders why Nigeria deserves the chance to host the forum.” While emphasizing the importance of projecting a positive image for Nigeria on the international stage, the EVC explained that the African Telecoms Union (ATU) Conference of Plenipotentiaries (CPL) has been scheduled to hold in Nigeria in July 2026 urging the NIPR to leverage the event to project Nigeria’s image internationally. On the national level, Dr Maida said the Commission is undertaking education, sensitization and awareness creation on its regulatory initiative to improve accountability and stabilize the sector such as campaigns on Critical National Information Infrastructure (CNII) protection; efficient data usage, directive to mobile network operators on simplified tariff, public coverage map and creating the necessary environment to ensure competitiveness in the industry. The EVC said the tough decisions taken in the telecom sector have begun to yield visible results by the level of investment recorded. “Through the efforts that we have been making to stabilize the sector; we have been able to restore investor confidence. The level of investment we are seeing now is not about keeping the lights on, it is about growing the industry and this is something we have not seen for years before my time; and it is a sign of investors saying we have confidence in the sector, in the reforms of the government, in the regulator and we believe there is opportunity in this market,” he noted. The NIPR President, Dr Neliaku, commended the NCC's commitment to collaboration and stakeholder engagement while acknowledging the Commission's role in advancing Nigeria's digital economy. He expressed the institute's readiness to collaborate on initiatives that promote responsible communication, reputation management, and the creation of public awareness on the Commission’s regulatory initiatives.

Business1 month ago

NCC restates commitment to continued collaboration with NIPR

The Executive Vice Chairman and the Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Dr Aminu Maida has reaffirmed the Commission’s commitment to continued...

NCC reaffirms stakeholder partnership, says telecom reforms restoring investor confidence

Business1 month ago

NCC reaffirms stakeholder partnership, says telecom reforms restoring investor confidence

The Nigerian Communications Commission (NCC) has reaffirmed its commitment to strengthening collaboration with stakeholders to sustain the resilience and growth of Nigeria’s telecommunications industry,...