Category: Business
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NIGERIA’S $60B LOGISTICS GOLDMINE: TIME TO UNLOCK JOBS & WEALTH
Leaders and policymakers at the CLMI International Conference in Lagos slammed the brakes on Nigeria’s sleepy logistics sector—worth N3.5 trillion ($60B)—urging the Federal Government to supercharge it for massive job creation and economic firepower. Prof. Simon Emeje, CLMI Chairman, spotlighted its power to fund half the national budget if regulated right, blasting collapsed firms from…
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NIGERIA’S TOURISM CAN SOAR WITH TRADITIONAL TEXTILES
At a lively Lagos symposium, textile and fashion experts revealed a golden ticket for Nigeria’s tourism: embracing traditional fabrics, investing in local artisans, and boosting production. Hosted by Wear Nigeria, the event spotlighted how rich textile heritage like Aso-oke, Adire, and Ankara isn’t just fashion—it’s a cultural tourism magnet waiting to explode. Prof. Pamela Cyril-Egware…
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NRC AND SOUTH WEST DEVELOPMENT COMMISSION TO REVIVE RAILWAYS FOR ECONOMIC GROWTH
The Nigerian Railway Corporation (NRC) is set to sign a Memorandum of Understanding (MoU) with the South West Development Commission (SWDC) to reactivate old, unused railway routes in the South West geopolitical zone. NRC Managing Director Dr Kayode Opeifa said this partnership aims to boost regional connectivity and stimulate economic development. Dr Opeifa welcomed SWDC’s…
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VICE-PRESIDENT KASHIM SHETTIMA DEPARTS JOHANNESBURG FOR LUANDA TO REPRESENT PRESIDENT TINUBU AT AU-EU SUMMIT
Vice-President Kashim Shettima has left Johannesburg, South Africa, heading to Luanda, Angola, to represent President Bola Ahmed Tinubu at the 7th African Union-European Union (AU-EU) Summit. This follows his attendance at the 20th G20 Leaders’ Summit in Johannesburg, where he stood in for the President during key discussions on global economic reforms, critical minerals governance,…
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FEDERAL GOVERNMENT URGED TO SECURE GLOBAL RECOGNITION FOR NIGERIA’S ICONIC ASO OKE FABRIC
Stakeholders in Nigeria’s cultural and fashion scenes are pressing the Federal Government to officially protect Aso Oke the revered indigenous fabric insisting its heritage and name must remain distinctly Nigerian. At the grand finale of Global Entrepreneurship Week in Ilorin, Dr. Yemisi Adeyeye of the Life Fount Foundation stressed the urgency of registering Aso Oke…
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WORLD BANK TO INVEST $500M IN GOMBE’S IRRIGATION PROJECT TO BOOST FOOD SECURITY AND CLIMATE RESILIENCE
The World Bank plans to invest in Gombe State’s irrigation system as part of the $500 million Sustainable Power and Irrigation for Nigeria (SPIN) project, aiming to strengthen food security, water management, and climate resilience. Chakib Jenane, the Bank’s Regional Director for Sustainable Development in Western and Central Africa, emphasized the commitment following a visit…
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CHINA RAILWAY GROUP LAUNCHES SEMINAR IN BEIJING TO BOOST NIGERIAN RAILWAY TECH SKILLS
China Railway Signal and Communication (CRSC) Group has inaugurated an international seminar on Rail Transit Intelligence Control Systems, bringing together Nigerian engineers, scholars, and transport experts in Beijing. This marks a significant move toward deepening Nigeria’s collaboration with China in modern railway technology. The two-week seminar running from Nov 20 to Dec 4 involves key…
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SOPHOS INTELIX INTEGRATES WITH MICROSOFT COPILOT FOR SMARTER CYBERSECURITY
Sophos, a global pioneer in cybersecurity, has announced new integrations connecting Sophos Intelix its advanced cyber threat intelligence platform with Microsoft Security Copilot and Microsoft 365 Copilot. Simon Reed, Sophos’ Chief Scientific Research Officer, said this allows organizations to access real-time Sophos threat intelligence directly within Microsoft’s AI-powered environments, strengthening defense and speeding up threat…
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EBAY LAUNCHES LIVE SHOPPING IN GERMANY, TAKING ON TIKTOK’S LIVE-COMMERCE
E-commerce giant eBay is expanding its live shopping feature to Germany, with the first streams kicking off at the Comic Con fair in Stuttgart on November 29. CEO Jamie Iannone shared that eBay Live, which has seen fivefold growth in the U.S., lets sellers run auctions or offer instant buys while interacting with viewers who…
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NOLLYWOOD: FROM VOLUME TO VALUE, TIME FOR QUALITY CONTENT
The National Film and Video Censors Board (NFVCB) is calling on Nollywood filmmakers to shift from producing lots of movies to focusing on higher-quality content that truly delivers value for audiences, investors, and the nation. Dr. Shaibu Husseni, NFVCB Chief Executive Director, made this appeal during the2025 Peace Anyiam-Osigwe Nigeria Digital Content Regulatory Conference in…
