Business

Bolaji Adebiyi, in Algiers Former president of Nigeria, Chief Olusegun Obasanjo, on Monday urged African leaders to ensure inclusive governance, explaining that most conflicts on the continent stem from the mismanagement of its diversity. Moreover, he said that Africa’s development would be illusory unless the continent is economically integrated. Obasanjo spoke during a fireside chat at the ongoing 4th Intra-African…

Union Bank of Nigeria Plc is preparing to seek a new core investor following the completion of its long-awaited merger with TitanTrust Bank Limited. Accoroding to a report by Nairametrics, the move is part of a broader effort to reposition the century-old lender after a turbulent two years under the control of the Central Bank of Nigeria (CBN). The bank…

Bolaji Adebiyi, Algiers Afreximbank President, Prof. Benedict Oramah, along with political and business leaders across Africa and the Diaspora, have reaffirmed their commitment to a Global Africa that will develop into a single market for the benefit of its over two billion people. The leaders spoke in Algiers, Algeria, during the Diaspora Day segment of the ongoing Intra-African Trade Fair,…

• Lauds Afreximbank’s PAPSS Bolaji Adebiyi, in Algiers Ongoing tariff wars and protectionist policies have made it necessary for Africa to accelerate its integration, according to Comptroller-General of the Nigeria Customs Service, Mr Bashir Adewale Adeniyi. He spoke at the 4th Intra-African Trade Fair, which was entering its third day in Algiers, Algeria, and praised the Afreximbank, one of the…

The National Information Technology Development Agency (NITDA) has signed a strategic Memorandum of Understanding (MoU) with global cybersecurity leader Kaspersky to enhance Nigeria’s cyber resilience and safeguard critical infrastructure. The agreement, sealed on the sidelines of the GTIEX Nigeria event in Lagos, marks a major milestone in Nigeria’s digital transformation drive. It aligns with Pillar 5 of NITDA’s Strategic Roadmap…

The Federal Airports Authority of Nigeria (FAAN) has commenced major reconstruction work at the Murtala Muhammed International Airport (MMIA) in Lagos. In a travel advisory issued on Friday, the agency appealed to passengers to get to the airport well ahead of their flight schedules to avoid delays or missed departures resulting from disruptions caused by the renovations. The reconstruction, part…

The equites market on Thursday closed on a positive note reversing its profit-taking trend through the week, with the overall capitalization advancing by N521 billion. The Nigerian Exchange Limited All Share Index (NGX ASI) gained by 822.85 basis points or 0.60 per cent to close at 138,980.01 basis points. Also, market capitalisation gained N521 billion to close at N87.937 trillion.…

Bolaji Adebiyi, in Algiers The 2027 edition of the largest trade fair in Africa, the Intra-Africa Trade Fair (IATF), will be hosted by Nigeria, the organisers announced on Thursday in Algiers, the capital city of Algeria. Nigeria was announced as the host of the 5th edition of the intra-continental trade meeting during the opening of the ongoing 4th edition by…

David Ezeugoh, in Abuja In line with President Bola Ahmed Tinubu’s Renewed Hope Agenda to reposition Nigeria as Africa’s leading investment destination, the Federal Government has strengthened its partnership with global banking giant J.P. Morgan to improve the country’s financial system. Central Bank of Nigeria (CBN) Governor Olayemi Cardoso met with top officials from J.P. Morgan at the bank’s headquarters…

The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has urged African nations to collaborate in building shared Artificial Intelligence (AI) infrastructure, stressing the Africa must lead—not follow—in the ongoing Fourth Industrial Revolution. Speaking at the opening of the Gulf Information Technology Exhibition (GITEX) Nigeria Conference 2025 in Abuja, Inuwa stressed that Africa must not repeat…