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Manufacturers Laud Suspension Of 4% Free On Board Import Fee

The Manufacturers Association of Nigeria (MAN) has commended the federal government and the Minister of Finance & Coordinating Minister for the Economy, Wale Edun, over the recent suspension of the reintroduced four per cent Free-on-Board charge on imports, which came into effect on August 4, 2025. MAN’s director-general, Segun Ajayi-Kadir, said, ” This move comes […]

20,000 Innovators, Policymakers, Others To Explore Fintech Influence

No fewer than 20,000 innovators, policymakers, creators, regulators, investors, and professionals are set to explore how fintech powers every industry, from healthcare and agriculture to entertainment, transport, media, and education. The stakeholders, who will converge at the 8th edition of the Nigeria Fintech Week (NFW25), scheduled for October 7–9, 2025, across Lagos, Abuja, and Enugu […]

Reducing Africa’s $120bn Hydrocarbon Import Cost Needs Regional Unity – Lokporibi

The minister of state for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has emphasised that regional integration and harmonisation of standards remain key to reducing Africa’s $120 billion annual hydrocarbon import bill. Speaking at the Africa Oil Week (AOW) 2025 Ministerial and CEO Leadership Forum, Lokpobiri reaffirmed Nigeria’s leadership role in advancing the continent’s energy security […]

Central Securities Clearing System Records N2.11trn Transactions

The Central Securities Clearing System (CSCS) has reported an impressive execution of N2.112 trillion in securities transactions between May and August 2025, representing a 138.44 per cent increase compared to N885.93 billion recorded during the same period in 2024. The total volume encompassed 95.66 billion units of securities executed across 2.064 million deals between May […]

Bilaad Realty Pledges Support For Bridging 28m Housing Deficit

As Nigeria’s housing gap, estimated at beyond 28 million units, continues to grow, one of the country’s leading developers, Bilaad Realty, says it is determined to keep tackling the challenge through innovation, sustainability, and smarter building solutions. Speaking in Abuja as he assumed the firm’s leadership, the new chief executive officer, Dr. Emmanuel B. Usman, […]

‘Natural Gas To Fuel High-speed Rail Network’

Minister of State Petroleum Resources (Gas), Dr. Ekperikpe Ekpo, has underscored the transformative potential of Nigeria’s vast gas reserves in powering the nation’s railway sector, particularly the 4,000 km, 350 km/h high-speed rail network poised to revolutionise connectivity and drive industrial growth across Nigeria and Africa. He stated this on Tuesday in an address at […]

Lagos Assembly Seeks Independent Financing Of Council Legislatures

Lagos State House of Assembly has called on Governor Babajide Sanwo-Olu to prevail on the state’s Ministry of Local Government, Chieftaincy Affairs, and Rural Development to develop a framework for independent financing of local government legislatures. The Assembly also asked the governor to support council autonomy and ensure capacity-building training for councillors on financial management. […]

Ekiti Governor Meeting Corporate Lagos At Marketing Edge Awards

The organisers have announced that the Ekiti State governor, Abiodun Oyebanji, will deliver the keynote address at the 2025 Marketing Edge Annual National Marketing Summit and Brands & Advertising Excellence Awards, otherwise known as EDGE Awards, on Friday, September 26th, 2025, in Lagos State. Lagos State governor, Babajide Sanwo-Olu, played the same role in 2021 […]