The Federal government has concluded plans to build a factory in Kajola ,this year, to assemble rolling stock for now and in five years, begin manufacturing locomotives. The Minister of transportation ,Rotimi Amaechi revealed this during his valedictory press briefing in Abuja. The Minister said this, as well as the railway University to be built… Continue reading RAILWAY MANUFACTURING COMPANY KAJOLA STARTS THIS YEAR_Ada Nkong

The National Youth Council of Nigeria (NYCN) says the passage of the bill removing age brackets in employments by the house of representatives will go a long way to curb unemployment. Kenny Awujoola, National Public Relations Officer (PRO) of the council in a statement on Saturday, said that the bill will give better employment opportunity… Continue reading AGE BARRIER FOR EMPLOYMENT: NYCN LAUDS PASSAGE OF BILL_Ada Nkong

The Minister of finance, Zainab Shamshuna Ahmed has disclosed that states will soon receive their outstanding balance of the Paris Club debts refunds based on the verification made on a total sum of N649.434 billion by the Ministry.The Minister who was unveiling her Ministry's score card in her opening remarks at the quarterly World Press… Continue reading STATES TO RECIEVE N649.434 PARIS CLUB BALANCE_Ada Nkong

“This facility expands our existing successful domestic debt programme which we are using to fund increased network capacity, and the expansion of both the Voice and Data services on our network to customers in new areas, and with new next-generation services,”

Following comparisons in some quarters between the trains currently on ground for the standard gauge and those seen in some African countries, the MD Nigerian Railway corporation, Mr Fidet Okhiria says, the country is improving on the trains ordered with some luxurious trains expected in the next two months.In an exclusive interview with our correspondent… Continue reading NIGERIA TO TAKE DELIVERY OF LUXURY TRAINS SOON_Ada Nkong

MTN Group Ltd. will list its Nigeria unit in Lagos on Thursday (16/05/2019) in a move that will value the pan-African wireless carrier’s largest business at 1.8 trillion naira ($5 billion). The move is a step toward a partial sell down of the carrier’s majority 79% stake, and was agreed to as part of the settlement… Continue reading MTN NIGERIA: SHARES SET FOR LISTING TODAY

Mr Godwin Emefiele appeared before the Senate Committee on Banking, Insurance and Other Financial Institutions, following his re-nomination by President Muhammadu Buhari for a second term last week. The Senate President, Dr Bukola Saraki acknowledged the executive communication received from the presidency that Emefiele has been re-nominated by President Muhammadu Buhari for another term of… Continue reading SENATE BEGINS SCREENING OF CBN GOVERNOR FOR SECOND TERM