Category: Business
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MOROCCO SUPERCHARGES TANGIER MED PORT FOR 2030 WORLD CUP – DOUBLING TO 60K PASSENGERS DAILY
Tangier Med Port Authority’s Hicham Kharoufi revealed big expansion news Monday during an African journalists’ tour: Passenger terminal upgrades by 2028-29 to slam through 60,000 daily visitors up from 30,000 now as Morocco (co-hosting with Spain, Portugal) ramps up for the 2030 FIFA World Cup influx. This Strait of Gibraltar juggernaut – opened 2007, 40km…
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LAGOS PORTS GEAR UP: 23 SHIPS JAM-PACKED WITH FUEL, FOOD & GOODS HIT APAPA/TIN-CAN DEC 29-31!
Nigerian Ports Authority dropped the hot Shipping Position update Monday: 23 vessels stuffed with buck wheat, bulk fertiliser, crude oil, containers, diesel, fuel oil, bulk urea, aviation fuel, petrol and more are barreling into Lagos’ Apapa and Tin-Can Island Ports from today through New Year’s Eve – trade turbocharge alert! Three already docked, queuing to…
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ONDO DEEP SEA PORT REVIVED: FG HANDOVERS LICENCE TO UNLOCK TRADE, JOBS & SOUTH-WEST BOOM!
Marine & Blue Economy Minister Dr. Adegboyega Oyetola handed Gov. Lucky Aiyedatiwa the revalidated Ondo Deep Sea Port licence Monday in Abuja – a game-changer fixing past naming glitches, igniting Ondo’s Atlantic corridor as Nigeria’s fresh export hub to slash port congestion, spike non-oil trade, manufacturing, FDI, and regional integration! Oyetola hailed it as a…
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NIGERIA-CHINA SEAL MoU TO LOCALIZE CNG & EV INFRA – JOBS, TECH TRANSFER & FUEL CRISIS BUSTER
Pi-CNG Executive Chairman Ismaeel Ahmed locked in a powerhouse MoU with China’s You Jie Te Environment Technology Ltd (YJT) after touring factories in Chengdu/Hangzhou – greenlighting local manufacturing of CNG dispensers, refuelling stations, EV chargers, and IoT-smart monitoring to slash Nigeria’s petrol import bills (N1.6T yearly) and ignite the Presidential CNG Initiative’s 1M+ vehicle conversion…
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BEHIND THE SCENES EXPLODES TO N512M IN WEEK 2, SHATTERS NOLLYWOOD RECORDS
Funke Akindele’s ‘Behind The Scenes’ owned Nigerian cinemas in its second weekend, raking a jaw-dropping N512 million to claim top spot and blitz past the N500m barrier faster than any Nollywood flick ever—distributed by FilmOne Entertainment, this fame-exposing drama peels back glamour’s curtain on success highs, generosity traps and emotional tolls that hook audiences craving…
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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.…
