Category : Search result: export expansion


North Korea's Kim Orders More Missile Factories for 2026

North Korean leader Kim Jong Un has directed officials to boost missile production and build new factories to meet military demands. This move comes amid closer ties with Russia and increased regional tensions. Read the full analysis.

Al-Qaeda-Linked JNIM Launches First Attack in Nigeria

The al-Qaeda-linked coalition JNIM has claimed its first attack inside Nigeria in Kwara State, signaling a potential new phase of jihadist expansion into the country's central region. Read key facts and analysis.

Akara Seller Buys Motorcycle, Expands Business

A Nigerian roadside akara seller inspires many after buying a brand new motorcycle to expand into delivery services. See her viral TikTok success story and the reactions.

Nigeria ships 33.2m barrels of crude to U.S. in eight months

Nigeria strengthens its role as the top African crude oil supplier to the United States, exporting 33.23 million barrels worth $2.57 billion from January to August 2025. Discover the economic impact and the role of Dangote Refinery.

ISWAP Suspects Arrested in Lagos by SSS

Nigeria's secret police, the SSS, arrested two suspected ISWAP terrorists in Lagos on December 21. Experts warn of the group's expansion efforts beyond the Northeast. Get the full details.

Makinde Signs ₦892bn 2026 Oyo Budget Monday

Governor Seyi Makinde will sign Oyo State's ₦892 billion 2026 Appropriation Bill into law on Monday, December 22. The 'Budget of Economic Expansion' aims to drive growth and infrastructure. Read details.

Nollywood's $1 Billion Deal Marks New Chapter

Nigerian film industry, Nollywood, enters a transformative phase with a $1 billion partnership between The Entertainment Network (TEN) and The Evolution Media Group (TEMG). Discover the plans for global expansion, new studios, and job creation.

Nigeria Bans Wood Export to Curb Deforestation

The Federal Government has imposed an immediate ban on wood and charcoal exports, revoking all licenses to protect Nigeria's forests. Learn the details and legal backing of this decisive environmental move.

NPA Cargo Hits 33.5m Tonnes, Credits Tinubu's Policies

Nigerian Ports Authority records a massive 1,085% surge in export containers and 33.52 million metric tonnes cargo throughput in Q3 2025, driven by President Tinubu's export-focused economic policies. Read the full analysis.

Nigeria's oil rigs stuck at 41 amid OPEC expansion

Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.

ISPs Seek Policy Help for Underserved Areas

Internet providers urge government intervention to expand services to unserved regions. High costs and infrastructure vandalism threaten growth despite rising demand for broadband.

Vodacom Takes Control of Safaricom in $2.1B Deal

South Africa's Vodacom secures a controlling 55% stake in Kenya's Safaricom for $2.1 billion, reshaping East Africa's telecom landscape and boosting digital inclusion. Read the full analysis.

Nigeria loses $363m yearly to EU beans ban

Nigeria loses over $360m annually due to the EU ban on dried beans exports, caused by dangerous pesticide levels. Stakeholders demand urgent agricultural reforms and seed preservation.

Eterna Plc Launches N21.52 Billion Rights Issue

Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.

Sterling Bank, PAU Partner to Certify Non-Oil Exporters

Sterling Bank and Pan-Atlantic University's EDC have signed an MoU to certify graduates of the Non-Oil Export Academy, aiming to build a globally competitive export community and diversify Nigeria's economy. Read how this initiative will empower Nigerian

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