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The Nigerian Railway Corporation (NRC), in collaboration with APM Terminals (APMT), has officially launched container transportation via the standard gauge railway from Apapa Port, Lagos, to Moniya Freight Yard in Ibadan, Oyo State, in…

Nigeria’s business environment showed signs of improvement in January 2025, with the Nigeria Economic Summit Group's NESG-Stanbic IBTC Business Confidence Monitor (BCM) recording a Business Performance Index of +5.69—a notable rise from…

The Nigerian government has reiterated its commitment to fostering wealth creation, generating productive employment, and ensuring shared prosperity for all citizens. The Minister of Industry, Trade, and Investment, Jumoke Oduwale, made…

The Benue Investment and Property Company (BIPC) has initiated efforts to reclaim its holdings in Dangote Cement PLC, formerly known as Benue Cement Company PLC, in a bid to restore its historical investment ties. Speaking to journalists…

Nigeria’s Minister of Solid Minerals Development, Dr Dele Alake, and Venezuela’s Deputy Minister of Mining, Alejandro Martinez, have discussed potential bilateral investments in the mining sector. The discussions took place on the…

The Nigerian Electricity Management Services Agency (NEMSA) has signed a Memorandum of Understanding (MoU) with the National Insurance Commission (NAICOM) to enhance electrical safety and ensure compliance with insurance policies in…

The Executive Secretary and CEO of the Nigerian Shippers’ Council, Dr. Akutah Pius Ukeyima, has stated that Nigeria’s maritime sector can generate over $30 billion annually when fully developed. Dr. Akutah made this remark in Abuja after…

The Lagos State Government in southwest Nigeria has expressed confidence in financing its ₦3.367 trillion budget for 2025 without resorting to borrowing, reaffirming its commitment to fiscal responsibility and sustainable economic growth.…

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has reaffirmed the Federal Government’s dedication to fostering a business-friendly environment in Nigeria. Edun restated this commitment on Friday in…

The International Finance Corporation (IFC) has announced a $50 million equity investment in the Lagos Free Zone Company (LFZ) to enhance Nigeria’s industrial expansion and economic diversification. Dahlia Khalifa, IFC’s Regional…