30 results
- 23 Sept 2019
Osakwe, Nigeria’s Chief Trade Negotiator Dies in Switzerland
Ambassador Chiedu Osakwe, director-general/chief trade negotiator, Nigeria Office for Trade Negotiations (NOTN) has died in Geneva, Switzerland after a brief illness. Emenike Chibuzor, head,…
- 28 Apr 2025
US Identifies Corruption as Key Barrier to Trade and Investment in Nigeria
United States government has identified corruption as the primary obstacle to trade and investment in Nigeria, as outlined in the 2025 National Trade Estimate Report on Foreign Trade Barriers. The…
- 27 Mar 2015
Barclays Applies for Equities Trading License in Nigeria
Barclays Africa Group Ltd., which is expanding on the continent after buying most of its parent’s operations in Africa, has applied for an equities trading license in Nigeria in addition to a…
- 18 Dec 2019
Fintechs Charged to Drive Borderless Trade in Africa
The business community in Nigeria and players in the Fintech sector have been charged to take advantage of the opportunities that abound in the African Continental Free Trade Agreement (AfCFTA) by…
- 8 May 2025
NEPC, NBS Sign MoU on Data Capturing
Nigerian Export Promotion Council (NEPC) and Nigerian Bureau of Statistics (NBS) have signed a Memorandum of Understanding (MoU) to facilitate data collection from Informal Cross Border Trade. Nonye…
- 31 Jul 2026
AfCFTA Urges Africa to Stop Exporting Raw Materials
Patience Okala, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office has urged African countries to stop exporting raw materials and instead focus on adding…
- 18 Aug 2020
FG Moves to Resolve MTN, Union Dispute
Federal government has waded into the trade dispute between MTN Nigeria Communication Plc and Private Telecommunication and Communications Senior Staff Association of Nigeria (PTECSSAN). Sen. Chris…
- 14 Nov 2019
NCC Extols Economic Benefits of AfCFTA Agreement
The Nigerian Communications Commission (NCC) and other industry stakeholders have extolled the economic benefits accruable to the country from the recently rectified African Continental Free Trade…
- 16 Jul 2021
FG Reconstitutes Committee with Russia for Atomic Energy Use
Federal government has inaugurated the reconstituted Russian-Nigerian Joint Coordination Committee (JCC), of the Nigeria Atomic Energy Commission (NAEC). This is part of efforts to resuscitate the…
- 24 Jan 2018
ARCEP Mandates Glo-Mobile Subscribers to move to Etisalat
Benin’s telecommunications regulator ARCEP has announced a three month deadline starting on the 23rd of January 2018 for subscribers on the Glo-Mobile network to move to its former competitor…
- 15 Jun 2020
Nigeria Cannot Enforce Tax against Facebook, Others—Expert
Nigeria will find it impossible to place taxes on the transactions of foreign tech companies like Netflix, Facebook, Google, Youtube and other virtual firms without foreign help, Ikemesit Effiong,…
- 27 Mar 2018
Milost Ends Unity Bank $1Bn Deal over Threats from Politician
Milost Global Inc., a private-equity firm has ended talks to provide $1 billion to Unity Bank Plc, saying it received threats that it will be run out of Nigeria if the deal continues. The New…
- 1 Aug 2018
NOTAP Partners NSE in Deepening Intellectual Property Culture
The National Office for Technology Acquisition and Promotion (NOTAP) is to partner with the Nigerian Stock Exchange (NSE) to deepen Intellectual Property (IP) culture in Nigeria. Director General of…
- 17 Feb 2021
Court Blocks Shell’s Accounts in 20 Banks over Alleged Oil Theft
A Federal High Court sitting in Ikoyi, Lagos has granted an interim injunction directing 20 commercial banks to freeze the accounts of Shell Petroleum Development Company of Nigeria Ltd (SPDC). This…
- 5 Feb 2026
NCC, NSCDC Warn Construction Firms Against Damaging Fibre Optic Cables
Nigerian Communications Commission (NCC) and the Nigeria Security and Civil Defence Corps (NSCDC) have issued a forceful warning to road construction companies, government contractors and civil…
- 24 Apr 2015
Konga.com Sellers’ Platform Scales-Up Nationwide
Kong.com, Nigeria’s largest online mall, has announced a major upgrade that is set to change the face of e-commerce in Nigeria. The new move has been tagged the ‘Self-fulfill’ model and according to…
- 26 Jul 2010
Cabotage Law: Which Way Forward
It is lamentable that in the almost seven years of the cabotage law in Nigeria, the nation and indigenous ship owners are still deprived of the needed revenue from haulage of petroleum products which…
- 14 Jul 2020
TradeDepot Secures Additional $10M to Transform Informal Retail Supply Chain in Nigeria
TradeDepot, the B2B eCommerce platform for consumer goods in Africa, has raised a further $10 million in a pre-Series B equity round co-led by Partech, International Finance Corporation, Women…
- 4 May 2023
Fidelity Bank Plans Five Acquisitions in Africa after UK Purchase
Fidelity Bank Plc, Nigeria’s best-performing bank share this year, plans to expand in at least five African countries after finalizing the acquisition of the London unit of rival Union Bank of…
- 28 Aug 2014
NCC, Stakeholders Dialogue on Best Spectrum Auction Model
Players in the telecommunications industry have tabled their positions hoping to influence the Nigeria Communications Commission (NCC) in the sale frequencies in the 2.6GHz Spectrum. Arguments swung…
- 4 Jun 2019
PIC, MTN’s Largest Shareholder Pushes for Board Changes
Public Investment Corp. (PIC), MTN’s largest shareholder, is reportedly pushing for the restructuring of the leadership of the mobile-phone company to avoid the regulatory, legal and political…
- 6 Oct 2020
Jiji Achieves Increased App Installs with AppsFlyer
International attribution firm AppsFlyer has announced that it has worked with Nigeria’s leading classifieds marketplace, Jiji to increase installs of its Android and iOS apps from 7,000 a day at the…
- 22 May 2025
When Legacy Meets Preparedness – Olusegun Alebiosu as CEO, Firstbank Group
By Aniekan Ezekiel What happens when legacy meets preparedness? What results from such a combination? Let us not be in a hurry to put forward any answers yet. Instead, let us consider first the…
- 28 Apr 2022
OnePort 365 Secures $5 million Seed Funding to Digitize Freight Management in Africa
OnePort 365, a digital freight forwarding company that makes it easier to move cargo to, from and within Africa, has raised $5 million in seed funding to drive the end-to-end digitisation of freight…
- 24 Mar 2019
InfraCos To Get Subsidies Soon— Danbatta
The Nigerian Communications Commission (NCC) says it has concluded process for the disbursement of subsidies to the six licensed Infrastructure Companies (InfraCos). Prof. Umar Danbatta, executive…
- 24 May 2010
ICT Promotes Transparency in Freight Forwarding – Nweke
Eugene Nweke, is the new national president of National Association of Government Approved Freight Forwarders (Nagaff). A product Nagaff Academy with an advance diploma in international freight…
- 5 Feb 2019
Kano State Judiciary Launches Small Claims Court for Prompt Resolution of Commercial Disputes
The Kano State Judiciary in collaboration with the Presidential Enabling Business Environment Council (PEBEC) have inaugurated a Small Claims Court aimed towards prompt resolution of commercial…
- 16 Feb 2009
Citad Begins Business Incubator programme
The Centre for Information Technology and Development (Citad) has flagged off its ICT Business Incubators Programme with a pioneer set of 16 youths. The sixteen youths were selected from the best of…
- 27 Jan 2022
Leatherback Moves to Make Global Transactions Fast, Secure
New “neo bank”, Leatherback, has announced that it is poised to disrupt the financial services sector with its one account, multiple currency solution that allows businesses and individuals to…
- 16 Nov 2023
AFEX Forecasts Higher Prices for Commodities in the 2023/2024 Season
Africa’s leading commodities player, AFEX, unveiled its 2023 Crop Production report in a hybrid event hosted at its Abuja office on the 16th of November, 2023. The crop production report, which…