By TAYO TAIWO (T.T.) OLUWOLE IN Aboru, a community near Iyana Ipaja, Lagos, female traders say bad roads are crippling their businesses and livelihoods. Residents lament that despite a new bridge over the local canal, road projects promised years ago remain incomplete, leaving streets impassable—especially during rains, which often trap residents indoors and cut off […]
By NINI NDUONOFIT-AKOH HINCKLEY E-Waste Recycling Limited has secured a $1.5 million equity investment from All On, an impact investor focused on clean energy access in Nigeria. The funding will enable Hinckley to establish Nigeria’s first state-of-the-art recycling plants for lithium-ion and lead-acid batteries, tackling the country’s rising e-waste challenge while supporting a circular economy. […]
By FRED LONGJOHN OBEH NIGERIA’S Minister of Marine and Blue Economy, Adegboyega Oyetola, has urged global investors to seize opportunities in Nigeria’s maritime sector, describing it as a gateway to Africa’s economic growth. Speaking at the London International Shipping Week (LISW) 2025, Oyetola—represented by NIMASA DG Dr. Dayo Mobereola—highlighted Nigeria’s reforms in port modernisation, maritime […]
By ABDUL AHMED (A.A.) RUFUS GOVERNOR Dauda Lawal has said Africa needs genuine partnerships, not charity, built on mutual respect, fairness, and shared values. Speaking at the Canada-Africa Trade and Investment Expo 2025 in Toronto, Lawal stressed that Africa’s growth depends on collaboration at the sub-national level, where trade, investment, and development are most visible. […]
By NINI NDUONOFIT-AKOH STAKEHOLDERS in Nigeria’s business community have called for stronger collaboration between government and the private sector to ensure smooth implementation of the Nigeria Tax Reform Act 2025. Speaking at the Lagos Chamber of Commerce and Industry (LCCI) Stakeholders’ Forum on Emerging Tax Matters, Dr. Ayodele Subair, Chairman of the Lagos State Internal […]
By FIDELUS ZWANSON NIGERIA’S automobile industry is under pressure as rising vehicle imports and soaring inflation weaken the prospects of local manufacturing and assembly. Despite government policies aimed at promoting domestic production, the influx of foreign-used vehicles and rising input costs have made locally assembled cars less competitive. Consumers, already squeezed by inflation, increasingly opt […]
By NINI NDUONOFIT-AKOH ALIKO Dangote, Africa’s richest man and chairman of the Dangote Group, has defended his company’s employment practices, saying his truck drivers earn more than many Nigerian graduates. The billionaire was reacting to allegations by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), which accused him and fellow businessman Sayyu Dantata […]
By OBIOMA TORI THE Nigerian Airspace Management Agency (NAMA) has urged the Federal Government to approve an upward review of the ₦11,000 fee charged airlines per flight, describing the rate as outdated and unsustainable. Director-General of NAMA, Farouk Umar, made the appeal during a retreat organised for members of the House of Representatives Committee on […]
By FIDELUS ZWANSON WHEN Africa’s richest man, Aliko Dangote, speaks on industry, people listen. But his blunt dismissal of Nigeria’s decades-old Ajaokuta Steel Company as a “lost cause” has stirred fresh debate about the country’s industrial future. In a video shared on TVC’s X handle, Dangote said steel remains the backbone of any nation’s development […]
By PAULINA NZERUBE The Asaba Chamber of Commerce, Industry, Mines and Agriculture (ASACCIMA) has reaffirmed its commitment to driving trade, investment, and agricultural growth in Delta State, following a courtesy visit to the Asagba of Asaba, HRM Prof. Epiphany Chigbogu Azinge, SAN. Leading the delegation on Tuesday, ASACCIMA President, Obi Chief Mrs. Chinwe Monu-Oduah, expressed […]