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NGX to strengthen economic environment to woo more investors- Kwairanga
NGX to strengthen economic environment to woo more investors- Kwairanga
Dr Umaru Kwairanga, the Chairman, Nigerian Exchange Group has restated the NGX’s commitment to providing market infrastructure that inspires investor confidence and supports both domestic and international participation.
Kwairanga made the pledge at a dinner organised by the US-Nigeria Council held in Lagos on Thursday.
He stated that capital markets remained a vital bridge in the partnership between the United States and Nigeria.
According to him, efficient, transparent, and well-regulated markets enable businesses to grow, infrastructure to be financed, and innovation to scale.
“From the perspective of Nigerian Exchange Group, we remain committed to providing market infrastructure that inspires investor confidence and supports both domestic and international participation, including from American institutions and enterprises.
“The growing engagement of global investors in Nigeria reflects confidence in our long-term fundamentals and in the reforms underway to strengthen our economic environment.
“As market operators, our responsibility is to ensure that opportunities discussed in forums like this can find practical expression through credible platforms for capital formation and investment,” he said.
Kwairanga lauded the leadership of the US–Nigeria Council for its continued commitment to strengthening the bonds between the two nations.
According to him, the relationship between the United States and Nigeria is one of strategic importance and deep potential.
He described the partnership which he said was grounded in mutual respect, economic complementarity, and a shared belief in enterprise, as a driver of prosperity.
He said that Nigeria as Africa’s largest economy and most populous nation, remained a key partner for the United States in advancing trade, investment, and sustainable development across the continent.
“The US–Nigeria Council plays a critical role in translating goodwill into tangible outcomes.
“By convening leaders from government and business, it helps move conversations from intent to implementation, supporting collaboration in areas that directly affect livelihoods, from food security and agricultural value chains to trade expansion and long-term investment.
“In today’s interconnected global economy, our complementarities are clear. Nigeria brings scale, a youthful and entrepreneurial population, abundant resources, and expanding markets.
“The United States brings capital, innovation, technology, and deep institutional expertise. When these strengths align, the results can be transformative, not only for our two countries, but for broader regional growth,” he said.
The NGX boss thanked American partners for their enduring engagement with Nigeria, stressing that, “your participation in our economy and confidence in our future is deeply valued.”
Zulum Appoints Engr Peter Samuel as General Manager BOSAMA
By: Our Reporter
Borno State Governor, Professor Babagana Umara Zulum, has approved the appointment of Engr Peter Samuel, MNSE, MNIAE, as the General Manager of Borno State Agricultural Mechanization Authority (BOSAMA).
In a statement by the Special Adviser to the Governor on Media, Dauda Iliya, the appointment was based on Engr Samuel’s outstanding professional competence, proven track record, and experience in agricultural engineering and mechanization.
The statement noted that Engr Samuel possesses the requisite qualifications, technical expertise and leadership capacity required to reposition BOSAMA in line with Governor Zulum’s agricultural transformation agenda.
The newly appointed General Manager is an Agricultural Engineer with academic, professional, administrative, and practical experience in agricultural mechanization, farm power and machinery, irrigation engineering, and agricultural infrastructure development.
He holds a Master of Engineering (M.Eng.) in Farm Power and Machinery from Joseph Sarwuan Tarka University, Makurdi (formerly the Federal University of Agriculture, Makurdi), a Postgraduate Diploma in Farm Management and Production Economics from Nasarawa State University, and a Bachelor of Engineering (B.Eng.) in Agricultural and Environmental Resources Engineering from the University of Maiduguri.
Engr Samuel has distinguished himself through years of meritorious service in teaching, research, agricultural engineering practice, and project implementation. He currently serves as a Lecturer in Farm Power and Machinery at Ramat Polytechnic, Maiduguri.
Over the years, he has held several strategic leadership positions, including General Manager of a commercial agricultural enterprise, Project Coordinator, Programme Coordinator, and Consultant on numerous agricultural development interventions implemented by reputable national and international organisations.
He is a member of the Nigerian Society of Engineers (NSE) and the Nigerian Institution of Agricultural Engineers (NIAE).
Governor Babagana Zulum congratulated the new General Manager on his appointment and urged him to deploy his wealth of knowledge, technical expertise, and experience in agricultural mechanization to strengthen the operations of BOSAMA
Zulum Appoints Engr Peter Samuel as General Manager BOSAMA
Troops Arrest Suspected Military Impostor in Katsina
By Zagazola Makama
Troops of 17 Brigade have arrested a suspected military impostor during a fighting patrol in Malumfashi Local Government Area.
Security sources told Zagazola Makama that the suspect was apprehended at about 1:30 p.m. on July 4 by troops deployed at the Forward Operating Base (FOB) Malumfashi while conducting routine patrols within Malumfashi town.
According to the sources, the suspect was intercepted while wearing a woodland camouflage three-quarter short, raising suspicion among the troops.
A search conducted on the suspect led to the recovery of a fake Nigerian Army identity card, four Automated Teller Machine (ATM) cards, one woodland camouflage three-quarter short, a wristwatch and the sum of ₦17,000.
The suspect and the recovered exhibits are currently in military custody pending further investigation.
Military sources said the arrest forms part of ongoing efforts to curb impersonation of security personnel and other criminal activities within the area.
Troops Arrest Suspected Military Impostor in Katsina
Troops Recover 50 Rustled Cattle, Repel Suspected Rustlers in Kaduna
By Zagazola Makama
Troops deployed at the Forward Operating Base (FOB) Kankomi have recovered 50 rustled cattle after repelling suspected cattle rustlers during an ambush operation in Chikun Local Government Area.
Security sources told Zagazola Makama that the troops responded to a distress call at about 9:55 a.m. on July 4 over the activities of suspected rustlers at Ungwan Gontu community.
According to the sources, the troops swiftly laid an ambush and made contact with the fleeing suspects, forcing them to abandon the stolen livestock and escape into the surrounding area.
During the operation, the troops recovered 50 rustled cattle, which were subsequently identified and handed over to their rightful owner.
Military sources said efforts are ongoing to track down the fleeing suspects as security operations continue to combat cattle rustling and other criminal activities across Kaduna State.
Troops Recover 50 Rustled Cattle, Repel Suspected Rustlers in Kaduna
Zulum Appoints Engr Peter Samuel as General Manager BOSAMA
DSS Frees Cardiac Surgeon Martin Aghaji on Bail Over Alleged Economic Crime
Troops Arrest Suspected Military Impostor in Katsina
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