Category: Business
-
BPP TO ENGAGE CONTRACTORS, STAKEHOLDERS IN LAGOS FOR PROCUREMENT REFORMS
Nigeria’s procurement system gets a boost as BPP calls key players to the table. The Bureau of Public Procurement (BPP) will host a consultative forum in Lagos to engage contractors, consultants, service providers, and civil society on improving Nigeria’s public procurement processes. The event, supported by the FCDO’s Partnership for Agile Governance and Climate Engagement…
-
DIGITAL PAYMENTS LIGHT UP NIGERIA’S NIGHTLIFE
Moniepoint study reveals cash is fading as bars, clubs embrace digital transactions. A recent study by Nigerian fintech Moniepoint shows digital payments are now driving Nigeria’s nightlife economy, with bank transfers and card payments topping transactions at bars, clubs, and informal community venues. Cash is on the decline, largely due to security concerns. The report,…
-
EXPERTS URGE MEDIA, CSOs TO MONITOR NEW TAX LAWS
As Nigeria’s 2025 Tax Act comes fully into effect, experts call on journalists and civil society groups to keep government accountable and ensure fair implementation. Abuja, Feb. 21, 2026 – Economic experts at a two-day workshop organized by Konrad Adenauer Stiftung (KAS) and CISLAC have urged the media and civil society organisations (CSOs) to actively…
-
LAGOS PORTS BUZZ AS 17 SHIPS UNLOAD PETROLEUM AND CARGO
Lagos ports are alive with activity as dozens of ships discharge fuel and essential goods, keeping Nigeria’s supply chains moving. Lagos, Feb. 21, 2026 – The Nigerian Ports Authority (NPA) says 17 ships are currently offloading petroleum products and other cargo at Apapa, Lekki, and Tin-Can Island ports. The vessels are discharging aviation fuel, diesel,…
-
NIGERIA EYES FULL MEMBERSHIP IN GLOBAL PALM OIL BLOCS
Nigeria moves from observer to active player in the palm oil world, aiming to boost exports, food security, and farmer incomes. Abuja, Feb. 21, 2026 – The Federal Government says it plans to transition Nigeria from observer status to full membership of the Council of Palm Oil Producing Countries (CPOPC) by April. Sen. Abubakar Kyari,…
-
INNOSON EMPLOYS 8,000, LAUNCHES NEW TRACTOR PLANT
From cars to tractors, Innoson Group is scaling up, creating thousands of jobs and boosting local industry. Nnewi, Anambra – Innoson Group, led by Chief Innocent Chukwuma, currently employs 8,000 staff across Nigeria and plans to hire an additional 2,000 for its new factory, the company announced Saturday. Speaking during a tour with the Bank…
-
TINUBU’S TURKEY TRIP OPENS NEW ERA OF SECURITY, TRADE DEALS
Nigeria and Türkiye are stepping up their partnership—with fresh defence, trade and education agreements signalling stronger ties ahead. Turkish Ambassador to Nigeria, Mehmet Poroy, says President Bola Tinubu’s recent state visit to Ankara marked a major turning point in relations between both countries. Speaking in Abuja, Poroy told the News Agency of Nigeria that the…
-
WHY TURKIYE SEES NIGERIA AS A KEY STRATEGIC ALLY
Shared security threats, economic strength, and deep historical ties are driving Türkiye’s growing interest in Nigeria, its envoy reveals. Turkish Ambassador to Nigeria, Mehmet Poroy, says Türkiye views Nigeria as a crucial partner because both nations face similar terrorism threats and must work together to defeat them. Speaking to the News Agency of Nigeria in…
-
MINING PIT COLLAPSE KILLS THREE, INJURES FOUR IN EBONYI
Another tragedy hits Nigeria’s mining communities as illegal operations raise fresh safety concerns. The Ebonyi State Police Command has confirmed that three people died and four others were injured after a mining pit collapsed at Enyim Agalegu community in Ikwo Local Government Area. Police spokesman SP Joshua Ukandu said officers responded quickly after receiving reports…
-
SEC & NOA TEAM UP TO FIGHT PONZI SCHEMES
New partnership aims to protect Nigerians from investment fraud and shady schemes. The Securities and Exchange Commission (SEC) and the National Orientation Agency (NOA) are joining forces to launch a nationwide campaign against Ponzi schemes and other illegal investment operations. SEC DG Dr. Emomotimi Agama said the collaboration will leverage NOA’s nationwide network to educate…
