Exporters Seek FG Help Over Local Council Harassment
Exporters at Lagos Island's Irewolede market cry out to the Federal Ministry of Industry, Trade and Investment over alleged harassment and forced shop closure by the local council.
Category : Business
Tony Elumelu Named Seplat Chairman, Effiong Okon CEO
Tony Elumelu will become Seplat Energy Chairman in January 2027, succeeding Udoma Udo Udoma. Effiong Okon appointed CEO from August 2026.
Moniepoint graduates second DreamDevs cohort
Moniepoint has graduated the second cohort of its DreamDevs Bootcamp, reinforcing commitment to developing homegrown engineering talent and strengthening Nigeria's digital economy.
TCN, AfDB Battery Storage Plan to Stabilise Nigeria Grid
TCN and AfDB hold validation workshop for Battery Energy Storage Systems to improve grid stability and integrate renewable energy in Nigeria.
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Naira Reserves Rebound with CBN’s New FX Manual
The CBN's new FX manual boosts naira to N1,361.05/$ and reserves to $50.04B, enhancing market transparency and liquidity.
African startups raise $135m in May as debt, equity compete
African startups secured $135 million in May across 37 deals, with debt and equity nearly evenly split, signaling a shift from equity-dominated funding to a more balanced mix.
German Wine Event Strengthens Nigeria Trade and Culture
German wine-tasting event in Lagos strengthens trade and cultural ties between Germany and Nigeria, featuring industry experts and Ambassador Annett Günther.
Nigeria, West Africa Face High Container Shipping Costs
Shippers in Nigeria and West Africa face higher freight costs as CMA CGM imposes $500 per TEU peak season surcharge on South-East Asia cargo.
Underused truck parks fuel Lagos port congestion
Truck operators bypass approved transit parks, causing persistent gridlock at Lagos ports. Stakeholders call for audit and enforcement of ETO system rules.
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ARDA, Algeria Boost Refining Capacity, Downstream Ties
ARDA and Algeria push for stronger refining capacity and collaboration to reduce import dependence, enhance energy security, and drive industrialization across Africa.
Boat Operators Seek Financial Support Amid FG's N14.6bn Plan
Boat operators call for government financial support despite FG's N14.6 billion vessel purchase plan, citing high costs and economic challenges.
Matrix, TotalEnergies Finish OML 100, OPL 2010 Seismic Survey
Matrix Energy and TotalEnergies complete a major 3D seismic survey on OML 100 and OPL 2010, boosting subsurface understanding and future investment decisions.
Gas distribution infrastructure key to industrial growth
Shell Nigeria Gas says expanding gas distribution infrastructure and strengthening market-making roles are central to transforming Nigeria's gas resources into industrial growth drivers.
Enugu Launches Digitised Land Document System
Enugu State Housing Development Corporation launches a fully digitised land transaction system, enhancing transparency, efficiency, and accountability under Governor Peter Mbah's reform agenda.
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Thousands of Firms Risk Sanctions as E-Invoicing Starts July 1
Over 1,000 firms comply as Nigeria Revenue Service enforces e-invoicing from July 1. Non-compliant businesses face penalties, loss of VAT credits.
SARA by Wema Partners SheCan Nigeria for 2026 Conference
SARA by Wema and SheCan Nigeria partner for SheCan Do More 2026, focusing on women's leadership, financial inclusion, mentorship, and growth opportunities.
WSIS Forum 2026: Global Leaders Unite for Digital Development
The WSIS Forum 2026 convenes in Geneva from July 6-10, bringing together global leaders to address digital divides, AI governance, and connectivity challenges.
Nigeria Must Prioritise Local Manufacturing for Health
Kingsley Aguoru urges FG to prioritise local pharma and medical device manufacturing to achieve healthcare security, create jobs, and strengthen the economy.
Power crisis, inflation threaten Tinubu's reforms gains
Experts warn that Nigeria's macroeconomic reforms may not benefit citizens unless power shortages, inflation, unemployment, and weak productivity are addressed.
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EandC Legal Hails Liberia's $60m Coffee Deal with JR Farms
EandC Legal advises JR Farms Group on a $60m coffee concession agreement with Liberia, boosting agricultural investment and job creation.
Grace Oyeniyi Elected ALAN Vice President
Grace Oyeniyi, HR Director at Bloomfield Law Practice, has been elected Vice President of the Association of Law Firm Administrators of Nigeria (ALAN), recognizing her contributions to legal practice management.
Nigerian, Chinese Firms Sign Cloud Data Centre Deal
21st Century Technologies and China Mobile International partner to expand sovereign cloud and AI infrastructure in Nigeria, boosting local data hosting.
Cross River recovers assets, strengthens revenue base
Cross River State intensifies recovery of public assets and strengthens revenue generation. Governor Otu seeks NEPZA partnership to revive Tinapa and boost investment.
Nigeria, NFL Partner to Expand Flag Football Across Nation
Nigeria partners with NFL and Browns Nigeria to launch 'One Ball. One Flag. One Future,' distributing 2,000 footballs and 5,000 flag kits to schools nationwide.
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Stakeholders Urge Stronger Climate Action at WED 2026
Climate stakeholders in Lagos demand stronger commitments and actions to mitigate climate change impacts, highlighting shared responsibility and urgent need for sustainable practices.
UBA Wins Innovation Award, Upgrades Mobile App
UBA wins African category at 2026 Banker Technology Awards for digital payments, AI, and cross-border banking. Bank also relaunches upgraded RedApp mobile platform.
Infrastructure Gaps Hold Nigeria Back in Wi-Fi 7 Race
Nigeria and other African countries lag in Wi-Fi 7 adoption due to infrastructure gaps, regulatory delays, and high costs, risking a wider digital divide.
WTO: Poor Sanitation Threatens Nigeria's Blue Economy
The World Toilet Organisation warns that inadequate sanitation infrastructure could undermine Nigeria's blue economy ambitions, affecting fisheries, tourism, and public health.
Edo coastal communities lament loss of fish species
Fishing communities in Edo State blame climate change, oil spills, and harmful practices for declining fish species, calling for government support and policy changes.
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Global Airline Profits Drop to $23 Billion in 2026
IATA reports global airline profits will drop to $23 billion in 2026 from $45 billion in 2025, due to Middle East conflict and high jet fuel prices. African airlines remain profitable.
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