Economy
Nigeria Seeks $7.1 Billion Investment for Sugar Self-Sufficiency
The Nigerian Sugar Council has called for an investment of $7.1 billion to achieve sugar self-sufficiency in the country, according to multiple reports.
Business
Maritime Students Call for Easing of Certification Rules by NIMASA
The Maritime Students for Tinubu and Hamzat Movement (MSTM) has urged the Nigerian Maritime Administration and Safety Agency (NIMASA) to introduce transitional arrangements and financial relief for seafarers…
NGX Urges Nigerian Investors to Own OPay in its Upcoming IPO
The Nigerian Exchange Group (NGX) is pushing for Nigerian investors to own a stake in the upcoming Initial Public Offering (IPO) of fintech giant, OPay.
Indian Billionaire Nitin Sandesara Expands Business in Nigeria with Vessel Construction
Indian oil tycoon Nitin Sandesara has ventured into vessel construction in Nigeria, marking a significant expansion of his business portfolio.
Startups
HBM Nigeria Launches 2026 Skills Training for 120 Persons with Disabilities
HBM Nigeria has launched the second cohort of its 2026 skills training program for 120 persons with disabilities.
Economy
Ondo, PyVee Ink $362m Deal for Nigeria’s First Titanium Processing Plant
The Guardian Nigeria News reports that Ondo State and PyVee have signed a $362m deal to construct Nigeria's first titanium processing plant.
Economy
Nigeria’s Diesel Price Soars to Highest Worldwide, up 82.7% – UNCTAD
According to UNCTAD, Nigeria's diesel price has surged by 82.7%, making it the costliest in the world.
Finance
J.P. Morgan to Launch Merchant Bank in Nigeria Before Year-End
According to reports, J.P. Morgan is planning to establish a merchant bank in Nigeria before the end of the year.
Startups
Moove Shuts Down Operations in Nigeria, Gifts Drivers ₦35 Billion Worth of Cars
Nigerian ride-hailing service Moove announces closure, offers free cars to drivers worth ₦35 billion.
JTI Bolsters Economic Growth Pledge in Nigeria
Japan Tobacco International (JTI) has reaffirmed its commitment to Nigeria's economic growth, emphasising its long-term investment plans in the country.
Traders Unveil New Secretariat and Clinic at Upgraded Shops in Lagos Trade Fair
The Lagos Trade Fair has seen significant improvements, with traders unveiling a new secretariat and clinic, as well as upgraded shops.
Economy
Oyedele: Nigeria Unable to Meet Dangote Refinery’s 700,000 bpd Crude Needs – TheCable
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has stated that Nigeria cannot meet the crude needs of Dangote refinery.
Economy
Nigeria’s First Policy Cuts Cost of Locally Assembled Vehicles to N35 Million
The implementation of Nigeria's First Policy has significantly reduced the cost of locally assembled vehicles, as reported by the News Agency of Nigeria.
Startups
FG Showcases 298 Nigerian Innovators to Global Investors in London
The Federal Government, through the National Board for Technology Incubation, has taken 298 Nigerian innovators to London to attract global investment.
Nigeria Poised as Promising AI Hub in Africa According to World Bank
The World Bank has identified Nigeria as one of Africa's leading centers for Artificial Intelligence (AI) activity, alongside Kenya and South Africa.