By GLEBM News Desk Nigeria’s formal remittance inflows rose to a record $947 million in July 2026, bringing the country closer to the Central Bank of Nigeria’s target of attracting at least $1 billion monthly through official channels. The July figure, reported by several Nigerian business publications, represents the highest monthly inflow recorded through International…
By GLEBM News Desk The Nigerian equities market gained approximately N1.29 trillion in market capitalisation last week, supported by renewed buying interest in selected banking and oil and gas stocks. The reports has it that market capitalisation rose to N155.83 trillion, while the NGX All-Share Index increased by 0.81 per cent week-on-week to 241,298.47 points….
Following its 2026 Humanitarian Leaders Summit, HLN reached 500 families in Garki and Ketti, providing food and wrappers to widows and vulnerable residents. By GLEBM News Desk The 2026 Humanitarian Leaders Summit and Awards has concluded in Abuja with humanitarian leaders, nonprofit organisations and social-impact advocates calling for stronger leadership, collaboration and practical interventions to…
Cambodia trains 50 TVET instructors in industrial automation and digital construction through an ILO-China skills development partnership. By GLEBM News Desk Cambodia is strengthening its technical workforce as 50 technical and vocational education and training (TVET) instructors and technical professionals received advanced training in industrial automation and digital construction in China. The training, held from…
Global youth unemployment rose to 12.4% in 2025, with 67 million young people jobless, as weak growth and technology reshape employment prospect By GLEBM News Desk Global youth unemployment increased in 2025 as weak economic growth, declining entry-level jobs and rapid technological change made it increasingly difficult for young people to secure decent and stable…
By Dara Kikelomo The Nigeria Labour Congress (NLC) has announced the death of its General Secretary, Comrade Emmanuel Okechukwu Ugboaja, Esq., mni, describing his passing as a major loss to the Nigerian labour movement and the global trade union community. Ugboaja died in the early hours of Saturday, August 22, 2026, following a protracted illness,…
Nigeria’s oil marketers are adopting different debt strategies as stronger first-half profits compete with high interest rates and changing fuel demand. By GLEBM News Desk Nigeria’s listed oil marketing companies are taking sharply different approaches to managing debt and financing as improved earnings collide with high borrowing costs and changing demand in the downstream petroleum…
Galaxy Backbone says Nigeria needs stronger digital policies, infrastructure investment and collaboration to transform growing data resources into economic opportunities. By Kikelomo D. Nigeria’s ambition to build a data-driven economy will require significantly greater investment in digital infrastructure, stronger policies and closer collaboration between government, businesses and technology stakeholders, Galaxy Backbone has said. The digital…
Nigeria’s Federal Government targets a $74 billion livestock economy by 2035, with plans to expand investment, processing, jobs, dairy production and food security. By GLEBM News Desk The Federal Government has set an ambitious target to increase the value of Nigeria’s livestock sector from about $32 billion to $74 billion by 2035, as it moves…
A new CBN survey says multiple taxation remains a major obstacle for Nigerian businesses, with firms citing overlapping levies, high financing costs and inflation as key constraints on growth. By GLEBM News Desk A new survey by the Central Bank of Nigeria (CBN) has identified multiple taxation as one of the biggest challenges facing businesses,…
