Category: Business
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AFCFTA: CBW AFRICA PUSHES FOR BIGGER WOMEN TAKEOVER IN AFRICAN TRADE
Africa’s biggest trade game is already on — and CBW Africa says women must stop watching from the sidelines and start playing to win. Lagos — The Commonwealth Business Women Africa (CBW Africa) is calling on more women across the continent to fully tap into opportunities under the African Continental Free Trade Area (AfCFTA). CBW…
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NIGERIAN BREWERIES STOCK SURGES 135% TO ₦2.33TRN AS PROFIT REBOUNDS
From red ink to strong returns — Nigerian Breweries just toasted a major turnaround on the stock market. Nigerian Breweries Plc says its market capitalisation jumped by 135% in 2025, rising from ₦991.5 billion to ₦2.33 trillion. Chairperson Juliet Anammah credited the surge to economic reforms, improved investor confidence, and stronger market conditions. She said…
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FG PUSHES E-PROCUREMENT, OPENS CONTRACT BIDDING TO PHONE USERS
Soon, you may not need Abuja connections to win a federal contract — just your phone and a fair process. The Bureau of Public Procurement says Nigeria’s long-awaited electronic procurement system is now underway, aimed at digitising how government contracts are awarded. Director-General Adebowale Adedokun disclosed this in Abuja during a visit by the Managing…
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NIGERIA STEPS UP BID TO HOST AU MONETARY INSTITUTE
Abuja wants the seat of Africa’s money future — and it’s putting everything on the table. The Central Bank of Nigeria says Nigeria has intensified efforts to host the African Union’s African Monetary Institute (AMI), positioning Abuja as a key hub for continental financial integration. CBN Governor Olayemi Cardoso made this known at the IMF/World…
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RMAFC, INTERIOR MINISTRY TEAM UP TO COURT INVESTORS, BOOST REVENUE DRIVE
When revenue meets security and migration policy, the goal is simple make Nigeria more attractive to investors and harder for leakages. The Revenue Mobilisation Allocation and Fiscal Commission and the Federal Ministry of Interior Nigeria have joined forces to strengthen revenue mobilisation and attract more foreign investment into the country. RMAFC Chairman Mohammed Shehu disclosed…
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FAE UNVEILS “ECOFINE” PAPER, PUSHES GREEN SHIFT IN NIGERIA’S PAPER INDUSTRY
Even in a digital-first world, paper isn’t retiring yet it’s just going green.FAE Ltd. (Flexible & Advanced Enterprises Ltd.) has launched a new eco-friendly copier paper brand, “Ecofine,” aimed at boosting environmental sustainability and strengthening Nigeria’s paper manufacturing sector. The unveiling took place in Lagos during the 2026 World Envelope Day celebration, an annual event…
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NIGERIA PUSHES $2.3TR INFRASTRUCTURE FIX, COURTS GLOBAL INVESTORS AT IMF/WORLD BANK TALKS
From power lines to highways, Nigeria is shopping big on infrastructure — and the bill is running into trillions. The Infrastructure Concession Regulatory Commission says Nigeria is ramping up efforts to close its massive infrastructure gap, estimated at $2.3 trillion between 2020 and 2043. Director-General Jobson Ewalefoh disclosed this in Washington D.C. during the IMF/World…
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PRICE TAG TROUBLE: LAGOS FISH FARMERS SAY MIDDLEMEN ARE SINKING PROFITS
They raise the fish, but can’t fix the price — and now Lagos farmers say the system is rigged against them. Fish farmers in Lagos are pushing back against what they call an unfair pricing system, blaming middlemen for shrinking profits despite rising production costs. The Lagos State Catfish Allied Farmers Association of Nigeria says…
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INSURANCE CASH SURGE: SECTOR RAKES IN ₦2.3BN AS OIL & GAS TAKES THE LEAD
Nigeria’s insurance industry just had a solid quarter—think of it as a financial “rainy day fund” that actually saw sunshine, pulling in billions while oil & gas and fire cover stole the spotlight. The Nigerian insurance sector recorded a strong performance in Q4 2025, with gross premium hitting ₦2.301 billion, according to the National Insurance…
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€1.67B RAIL BOOST: TÜRKİYE, WORLD BANK LINK UP TO UNLOCK GLOBAL TRADE ROUTE
From Beijing to London, a faster track is coming — and Istanbul is right at the centre of it. Big money, bigger ambition. Türkiye and the World Bank have sealed a €1.67 billion deal to power the Istanbul Northern Railway Crossing Project — a move set to ease one of global trade’s biggest bottlenecks. The…
