News

The Manufacturers Association of Nigeria through its Export Promotion Group, has trained Nigerians exporters on how to harness potential in the African Continental Free Trade Area. It built the capacity during a two-day training themed, ‘Exporting under the AfCFTA’, in Lagos, which was organised in collaboration with the secretariat of the National Action Committee on African Continental Free Trade MANEG’s …

On July 31, President Bola Tinubu disclosed that his administration had saved over N1 trillion since he made the announcement on fuel subsidy on May 29. One other top story from the Aso Rock villa was analysed within the week under review. 1. On N1 trillion subsidy savings claim Tinubu had on Monday during a nationwide broadcast revealed that over …

This line-up of stories will help you discover the latest happenings around the tech world, today   Ghana’s mPharma downsizes amid economic challenges   Ghanaian healthtech platform mPharma, founded in 2014, has made a significant workforce reductions amid challenging economic conditions in Africa.  The startup, which raised around $90 million in funding, including $30 million in 2022, has announced the …

The Group Chief Executive, Oando Plc, Wale Tinubu, said the acquisition of Nigerian Agip Oil Company Limited (NAOC Ltd) from ENI shows the importance of local investors. Tinubu said indigenous investors will play a vital role in the future of the Nigerian upstream sector, a statement obtained on Tuesday from the Nigerian Exchange Limited (NGX) said. He noted that the …

The Labour Party in Imo State on Saturday accused the Independent National Electoral Commission (INEC) of denying its governorship candidate, Athan Achonu, access to documents used for last weekend’s election in the state. The party stated this in a statement issued by the Director of Media and Publicity for the Senator Athan Achonu Campaign Organisation, Chibuikem Diala. Achonu, who finished …

The foreign exchange market plays a crucial role in any nations’ economy. For many, it is a microcosm of the economy; just as experts have described it as a magnet that attracts investors into their destination of choice; BENJAMIN UMUTEME writes. There are many factors that attract foreign investments into a country. From a government’s favourable legislation and political goodwill, …

The Federal Government has engaged new companies to as Service Boat Operations Monitoring Agents in the pilotage districts of Lagos, Warri, Bonny/ Port-Harcourt and Calabar effectively ending the monopoly enjoyed by maritime giant, INTELS, on the sector.   The Bureau of Public Procurement (BPP) on Wednesday okayed the Nigerian Ports Authority (NPA) to engage the new contractors who had been pre-qualified …

Rabiu Kwankwaso, NNPP Presidential candidate The National Executive Committee (NEC) of the New Nigeria Peoples Party has expelled the NNPP presidential candidate in the 2023 election, Rabiu Kwankwaso, over his alleged refusal to appear before the party’s disciplinary committee. The NNPP had, on August 29, 2023, suspended Kwankwaso at the party’s National Convention in Lagos. The party’s NEC later set …

Kano State Governor, Abba Kabir Yusuf, has vowed to reclaim his mandate by heading to the Supreme Court after his sack by the Appeal Court on Friday. The Abuja Division of the appellate court had, on Friday, upheld the ruling of the Kano State Governorship Election Petitions Tribunal which nullified Yusuf’s victory in the March 18 election and declared Nasiru …

The Minister of Works, David Umahi, has banned the use of laterite for road construction in the country. The minister, according to a statement issued on Friday by the Director of Press and Public Relations in the Ministry, Lere-Adams Blessing, announced the measure while inaugurating a committee on the Reconstruction of the Benin-Warri dual carriageway and the dualization of the …