30 results
- 24 Nov 2020
Investors Commit to Lagos Free Zone
Lagos Free Zone, the first privately owned special economic zone in Nigeria with an integrated deep sea port, is home to several reputable global brands. Located 65kms east of Lagos, in the immediate…
- 7 Feb 2025
IFC Invests in Lagos Free Zone to Support Industrial Growth and Economic Diversification
IFC has announced an equity investment of up to $50 million in Lagos Free Zone Company to support the development and expansion of Nigeria’s first deep-sea port-based, private special economic zone,…
- 7 Aug 2024
FG Inaugurates Steering Committee for Establishment of Digital Free Zones
In a bid to position Nigeria as a hub for global digital trade and innovation, the federal government has inaugurated a steering committee to oversee the initiative for the establishment of digital…
- 16 Dec 2013
Airtel Launches Free Zone Powered by Google
Airtel Nigeria, leading telecommunications service provider, and Google have launched a unique Internet service tagged Free Zone powered by Google. This service allows customers to access…
- 25 Mar 2022
MainOne Launches Fiber Infrastructure @ the Lagos Free Zone
MainOne, West Africa’s connectivity and data center solutions provider, has announced the expansion of its fiber optic network infrastructure to the Lagos Free Zone in Lekki. Being the first private…
- 15 Dec 2008
Oil, Gas Free Zone Rakes in $5 Bn FDI - FG
The federal government disclosed last week that the Oil and Gas Free Zone Authority (OGFZA) has recorded up to $5 billion (about N585 billion) in private Foreign Direct Investment, just as it has…
- 4 Jul 2024
Tolaram Taps Adesuwa Ladoja as MD/CEO of Lagos Free Zone
Board of Directors of Tolaram, one of Nigeria’s leading conglomerates, has appointed Adesuwa Ladoja as the Managing Director/Chief Executive Officer of the Lagos Free Zone (LFZ) Company, one of its…
- 26 Sept 2013
Full Potentials of FTZs Unharnessed Inspite Lofty Largesse-Agents
Freight Forwarders alleged that from the vintage point and reports available, the full potentials of the Free Trade Zones (FTZs) in Nigeria have not been fully harnessed, especially in the areas of…
- 15 Apr 2026
SEC Sets N7.5Bn Capital Floor to Shield Investors in FTZE Public Offerings
Securities and Exchange Commission (SEC) has proposed new rules for Public Offering of securities by a Free Trade Zone Entity (FTZE). Free Trade Zone Entity is a business licensed by the Nigeria…
- 29 Jul 2019
AfDB Urges Africa to Boost Industrial Capacity to Benefit from Free-trade Zone
African nations will need to boost output of goods and services and integrate payment systems if they are to take advantage of a new $3.4 trillion economic initiative, according to the head of the…
- 19 Dec 2013
Airtel Offers Exciting Packages on Ascend, ITEL Phones
In an effort to excite and reward Nigerians during the Christmas and New Year celebrations, leading telecommunications services provider, Airtel Nigeria, is offering special value to customers on…
- 23 May 2017
SIIFZ Applauds FG Over O&G Logistics Services Policy Review
Following President Muhammadu Buhari’s recent approval of a policy review in the nation’s oil and gas logistics services sector, Snake Island Integrated Free Zone (SIIFZ) has applauded the bold step…
- 21 May 2015
Fashola to Commission Candel’s Agrochemicals Manufacturing Plant
The Candel Company Limited, Nigeria’s leading agricultural inputs development and Distribution Company has announced that its integrated manufacturing facility for crop protection chemicals and…
- 22 Jan 2015
FG Targets $68.1Bn Fresh Foreign Direct Investment
Mr Oluwagbemiga Kuye, managing director of the Nigeria Export Processing Zones Authority (NEPZA), said on yesterday that the Federal Government targets $68.1bn in Foreign Direct Investment from the…
- 11 Apr 2013
NCS Mulls IT Park on 10 Hectares of Land in Lagos
Nigeria Computer Society (NCS) said it is about to acquire 10 hectares of land around the free trade zone of Lekki, along the Lekki Epe Road, Lagos for the purpose of establishing an Information…
- 1 Apr 2013
Kaztec Engineering Begins Fabrication @ Lagos Yard
Kaztec Engineering Ltd., a 100 percent indigenous leader in the fabrication of drilling and production platforms and other specialized structures for the oil and gas industry, has outlined plans for…
- 16 Jan 2022
NEPZA Seeks Partnership to Reposition Precious Stones Industry
The Nigeria Export Processing Zones Authority has said it is on the verge of convincing the Ministry of Solid Minerals and the Gemological Institute of Nigeria to jointly adopt the free trade zone…
- 15 Oct 2018
NCDMB Partners Dangote Refinery on Local Content Implementation
Nigerian Content Development and Monitoring Board (NCDMB) has praised the management of Dangote Petroleum Refinery and Petrochemical Free Trade Zone Enterprises (DPRP) over its adherence to the local…
- 29 May 2014
NAHCO Targets $500m Investment FTZ
National Aviation Handling Company (NAHCO) Plc, said that it targets nothing less than $500 Million investment to the nation’s economy within five years through the establishment of Free Trading Zone…
- 25 Nov 2024
NACCIMA Warns Against Arbitrary Taxation on Businesses
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has expressed concerns over the long-term implications of arbitrary taxation on businesses and the nation’s economy.…
- 16 Mar 2020
TJI Says Nigeria Squanders $2.6Bn on Corporate Tax Incentives
Tax Justice Network (TJN), a nongovernmental organization has said that Nigeria squandered some $2.6 billion on corporate tax incentives in one year, making the country to suffer a downgrade to 34th…
- 12 Aug 2014
Enugu Woos NAGAFF to FTZ, Transshipment Hub For W/Africa Plan
Plans are underway for free trade zone, transshipment hub For West Africa at Akanu Ibiam International Airport. The Planned economic development comes under the partnership between the Federal…
- 18 Sept 2013
Chevron, Shell Flee OKFTZ Because of Dangote’s Investment in the Area
Senator Ibikunle Amosun, Ogun State Governor, has said that Chevron and Shell, pulled out of the Olokola Liquefied Natural Gas (OKLNG) Project within the Olokola Free Trade Zone (OKFTZ) due to…
- 13 Sept 2021
NAICOM Seeks Active Role for Insurers in AfCFTA
The Commissioner for Insurance, Mr Sunday Thomas, has urged African leaders to create an enabling environment for insurers to play more relevant roles in the continent’s free trade zone. Thomas spoke…
- 21 Jun 2021
Felak Concepts Explains Relocation of of Ibom Deep Sea Port from Okposo to Ibeno
The relocation of the $4.6 billion Ibom Deep Sea Port (IDSP) from Okposo to Ibeno is not political but based on professional and engineering decisions, said Felak Concepts Ltd, the Transaction…
- 30 Mar 2015
NAHCO Rewards Shareholders with 20k Dividend, Bonus Shares
Nigerian Aviation Handling Company Plc (NAHCO Aviance Plc) has rewarded its shareholders following the declaration of a cash dividend of 20 kobo and a bonus of one new share for every 10 shares…
- 16 Apr 2016
Buhari Returns from China with Billions of Dollars
President Muhammadu Buhari has expressed satisfaction with the outcome of his working visit to China which he said yielded additional investments to Nigeria exceeding six billion dollars. In a…
- 25 Mar 2015
Google, Facebook Build “Digital Prisons” in Nigeria, Others with Internet Freebies
Google and Facebook are at the forefront of a scramble to win over new African Internet users, offering freebies they say give a leg-up to the poor but which critics argue is a plan to lock in…
- 27 Sept 2024
AFC Partners Itana for the Creation of Africa’s First Digital Economic Zone
Itana, Nigeria’s first licensed digital economic zone management company, and Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, have agreed to jointly…
- 16 Sept 2018
Samsung Heavy In Talks to Resolve Dispute with LADOL
The Nigerian arm of Samsung Heavy Industries is in talks to resolve a court action launched by Lagos Deep-sea Offshore Logistics (LADOL) base where the company has been building a floating oil…