Category: Business
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OVERSABI AUNTY RAKES N99.8M IN EPIC NOLLYWOOD WEEKEND BOX OFFICE BLAST
Nollywood’s cheeky rom-com ‘Oversabi Aunty’ stormed cinemas nationwide, pocketing a whopping N99.8 million over its opening weekend to snag second spot behind the top flick—cementing it as 2025’s runner-up launch for local hits, with FilmOne Entertainment hailing West African fans for packing houses and proving Naija stories pack global punch amid rising cinema fever. Distributed…
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WEMA BANK DROPS N120M GRANTS ON YOUTH STARTUPS AT HACKAHOLICS 6.0
Wema Bank lit up Lagos Friday at Hackaholics 6.0 grand finale, handing out N120 million in grants to nine youth-led tech teams tackling Nigeria’s big headaches—from food vendor efficiency to AI fraud busters—proving the bank’s all-in on turning student innovators into economic game-changers after sifting 11,000 apps nationwide. MD Moruf Oseni, via CIO Adeoluwa Akomolafe,…
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CHINA EMPOWERS 10K+ NIGERIANS VIA TRAINING, TRADE HITS $22B HIGH
Chinese Ambassador Yu Dunhai celebrated Friday at Abuja’s first China-Nigeria Alumni Reunion Gala, revealing over 10,000 Nigerians from governance to tech have leveled up through Beijing’s exchange programs—boosting skills, institutions and Naija’s dev dash while bilateral trade soared past $22B in 2025 with 130% Chinese investment jump and 200% export surge. Yu hailed “natural partners”…
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SENATE GREENLIGHTS SAIDU MOHAMMED, ORITSEMEYIWA EYESAN AS OIL REG WATCHDOG BOSSES
The Senate gave a unanimous thumbs-up Friday to President Tinubu’s picks, confirming Saidu Mohammed as NMDPRA CEO and Oritsemeyiwa Eyesan as NUPRC head—unlocking fresh leadership for Nigeria’s midstream/downstream and upstream petroleum regs under the 2021 PIA for five-year terms packed with promise. Joint Petroleum Committee chair Sen Kawu Sumaila detailed the grilling sessions that vetted…
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MARITIME HUB URGES MASSIVE BLUE ECONOMY INVESTMENTS FOR $1T GDP
Nigeria’s Maritime Innovations Hub CEO Ronke Kosoko is sounding the alarm for big-time, sustained cash injections into the economy, especially the blue sector, to hit President Bola Tinubu’s $1 trillion GDP dream—slamming decades of lost growth from flip-floppy policies, botched execution and vested interests that starved maritime’s massive coastline and waterways of jobs and revenue.…
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LEKKI DEEP SEA PORT HITS 50% CAPACITY IN CONTAINER BOOM
Nigeria’s flagship Lekki Deep Sea Port is firing on all cylinders, reaching half its designed operational capacity since September 2025 with surging 20-foot equivalent units (TEUs) monthly—shipping lines and cargo bosses piling in thanks to slick ops at the nation’s first such mega-hub. MD Wang Qiang shared the milestone at Tuesday’s Lagos media parley, spotlighting…
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NADDC SETS AUGUST 2026 DEADLINE FOR STRICT NEW VEHICLE STANDARDS
Nigeria’s auto watchdog NADDC is cranking up the heat on road safety, rolling out SON/NADDC Vehicle Capacity standards for all new cars hitting our shores by August or September 2026—while plotting to certify used imports too, ditching the old anomaly where tokunbo rides skip the checks new ones face. DG Joseph Osanipin spilled the beans…
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CZECH AMBASSADOR BOOSTS NIGERIA TIES VIA NEW TRADE CHAMBER
Czech Republic’s envoy to Nigeria, Tomáš Výprachtický, is firing up deeper economic collab across sectors, hailing Nigeria’s vast resources, tech savvy and manpower as perfect matches for Prague’s know-how at the glitzy launch of the Nigeria-Central Europe Chamber of Commerce (NCECC) in Abuja. Speaking at the Sunday dinner backed by the Regional Trade Institute and…
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TTP MOVES 900K+ TRUCKS TO NIGERIA PORTS IN 2025 – TECH REVOLUTION AHEAD
Trucks Transit Parks (TTP) MD Jama Onwubuariri revealed a massive win at a Lagos roundtable with Shipping Correspondents Association of Nigeria (SCAN): over 900,000 trucks zoomed into Nigerian ports from Jan to Nov 28, thanks to tech-savvy traffic and cargo systems slashing gridlock and boosting efficiency. Looking to 2026, TTP rolls out game-changers like Electronic…
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NIGERIA STOCK MARKET GOES LIVE WITH T+2 SETTLEMENT CYCLE
Nigeria’s capital market just leveled up, ditching the old T+3 for a snappier T+2 settlement meaning trades now clear in just two business days, slashing risks and boosting efficiency. CSCS Chairman Temi Popoola called it a historic win that deepens liquidity, amps investor trust, and aligns with global standards to chase that $1 trillion economy…
