Business & Strategy
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A mere three years into the African Continental Free Trade Area (AfCFTA) agreement, Nigeria has begun to experience a significant decline in its intra-continental trade and a drop in its performance ranking among nations. This information comes from the Africa Export-Import Bank (Afreximbank) in its Africa Trade Report 2024, titled “Climate Implications of the AfCFTA […]
ABUJA – Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has called for concerted efforts among monetary authorities in the West African Sub-region to combat money laundering. Speaking at the 10th meeting of the College of Supervisors for Non-Bank Financial Institutions (CSNBFI) in the West African Monetary Zone (WAMZ) held in […]
Dr. Abiodun Ajiborode, a prominent leader in marketing and brand management, has earned his doctorate from the esteemed Swiss Business School (SBS) through their African partner, Nobel International Business School. In recognition of his academic excellence, Ajiborode also received the Presidential Alumni Leadership Award for Excellence and was named the Best Graduating Student by SBS. […]
The Federal Government announced on Friday that its groundbreaking 250-Housing Unit Renewed Hope Estate in Akwa Ibom State will be a catalyst for creating more than 6,500 jobs across various sectors within the state. Ahmed Dangiwa, the Minister of Housing and Urban Development, revealed these projections during the inauguration ceremony held in Uyo at the […]

The Nigerian National Petroleum Company Limited (NNPCL) and TotalEnergies (TTEF) have inked a groundbreaking deal to inject $550 million into the establishment of a state-of-the-art gas processing facility in Rivers State. This strategic initiative aims to bolster both exports and domestic gas supplies, marking a significant milestone in Nigeria’s energy landscape. The investment package encompasses […]
Sterling Bank Plc and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have joined forces to introduce Databanc, a revolutionary platform aimed at providing comprehensive data support for businesses across Nigeria. This initiative is designed to facilitate personalized interventions and assistance from decision-makers within the micro, small, and medium enterprises (MSME) sector. During […]
Ecobank Nigeria has reiterated its dedication to bolstering the export capacity of locally produced textiles, particularly Adire, leveraging the African Continental Free Trade Agreement (AfCTA). Speaking at the third edition of the annual Ecobank ‘Adire Lagos Experience,’ Kola Adeleke, the Executive Director of Commercial Banking at Ecobank Nigeria, highlighted the bank’s strategic focus on promoting […]

The Nigerian Customs Service, in collaboration with the Federal Government, has launched a new initiative aimed at cracking down on improperly imported private jets into the country. The operation will involve summoning over 80 private jet operators to appear at the NCS headquarters in Abuja with their aircraft import documents, Punch reports. Scheduled to commence […]

The African Development Bank (AfDB) has announced it will match the $150 million in concessional loans and grants provided by Italy to fund development projects across Africa. This initiative marks the operationalisation of Italy’s Mattei Plan for Africa, aimed at sparking economic growth and curbing irregular immigration to Europe. The AfDB revealed this collaboration in […]
Reports indicate that several areas in Ghana, Benin, and Togo are currently experiencing power outages due to a prolonged disruption in gas supply originating from Nigeria. The West African Gas Pipeline Company Limited, headquartered in Accra, Ghana, recently disclosed a decrease in gas volumes available for transportation. This reduction in supply was attributed to maintenance […]