Rehoboth City Estate Unveils Wazobia, Smart Housing Project In Abuja

Abuja has welcomed a major new housing initiative with the unveiling of Wazobia, a 400-hectare integrated estate by Rehoboth City Estate. The development, officially launched by the company’s chairman and chief executive officer, Engr. Dr. Stephen Akpa Achema, is billed as one of the most ambitious residential projects in Nigeria’s capital. Located in Apo-Gudu, Wazobia […]

UBA Launches Whitepaper On ‘Unlocking Africa’s Potential’

The United Bank for Africa (UBA) Plc will be gathering world leaders, policymakers, and investors and other private sector players at the forthcoming 2025 United Nations General Assembly (UNGA) to unveil a ground-breaking whitepaper that presents actionable strategies for unlocking Africa’s vast economic potential. This year’s gathering at the UNGA, which is the 80th Edition, […]

Importation, Inflation Threatening Auto Manufacturing Growth

The Nigerian automobile industry is facing significant hiccups, as rising importation of foreign vehicles and high inflation rates continue to threaten the progress of local vehicle manufacturing and assembly. Authorities in the industry have raised concerns that these factors could undermine government efforts to boost domestic automotive production, reduce unemployment, and stimulate economic growth. Over […]

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 […]