Economy
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Nigeria, Brazil strengthen South–South economic partnership in ministerial meeting
Nigeria and Brazil have intensified efforts to strengthen South–South economic cooperation during a high-level ministerial meeting held on the sidelines of President Bola Ahmed Tinubu’s state visit to Brazil. The session was co-chaired by Brazil’s Vice President, H.E. Geraldo Alckmin, and Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun. Vice President Alckmin highlighted the vast…
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PHOTO NEWS: Tinubu meets Lula in Brasília, signs MoUs on trade, investment
By Kunle Sanni – President Bola Tinubu on Monday held an official meeting with Brazilian President Luiz Inácio Lula da Silva at the Presidential Palace in Brasília. The two leaders discussed strengthening bilateral relations, with a focus on trade, investment, and cooperation across strategic sectors. Tinubu arrived at Brasília International Airport at 12:30 a.m. on Monday, marking the start of…
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Customs partners NACCIMA to reduce trade bottlenecks, improve revenue
By Kunle Sanni – The Nigeria Customs Service (NCS) has reaffirmed its commitment to closer collaboration with the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) to strengthen trade facilitation, enhance revenue generation, and improve border management. Comptroller-General of Customs (CGC) Adewale Adeniyi gave the assurance on Thursday, August 21, 2025, while receiving NACCIMA’s newly elected National…
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FG launches Phase 2 of Creative Economy Development Fund for entrepreneurs
The Federal Ministry of Art, Culture, Tourism, and the Creative Economy has officially launched Phase 2 of the Creative Economy Development Fund (CEDF), a national initiative aimed at accelerating growth in Nigeria’s creative and cultural industries. The launch was confirmed in a statement signed on Sunday by the ministry’s Special Adviser on Media and Publicity, Nneka Ikem Anibeze. According to…
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Tech4Dev, UK–Nigeria Tech Hub launch report, tracker for Nigeria’s creative ecosystem
By Tosin Brown – The Technology for Social Change and Development Initiative (Tech4Dev) has launched the Nigeria Creative Ecosystem Report Dissemination and Creative Tracker. The launch, organised in collaboration with the UK–Nigeria Tech Hub under the Digital Access Programme funded by the United Kingdom’s Foreign, Commonwealth and Development Office, was held on Thursday, August 21, 2025, at the Radisson Hotel,…
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Investors lose N2.29bn in one week over profit-taking
The domestic equities market extended losses into a second consecutive week by N2.29 billion on sustained investors selloffs in Dangote Cement Plc, BUA Cement Plc, among others. The price of Dangote Cement depreciated by 9.9 per cent, as BUA Cement’s price on the Nigierian Exchange Limitied (NGX) dipped by 10 per cent. On this, the benchmark NGX All-Share Index depreciated…
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UBA super savers’ promo seeks to deepen financial inclusion, boost savings’ culture
…Over N150m in Prizes to be won by Customers United Bank for Africa (UBA) Plc, has officially launched the fifth edition of its Supersavers Promo aimed at reinforcing the bank’s commitment towards deepening financial inclusion across Nigeria and empowering citizens to achieve their financial goals through disciplined savings. The nine-month campaign, themed “Season of Progress’, was launched during a press…
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Accountability, transparency will boost investor confidence, says Agama
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized the importance of accountability and transparency as critical tools for strengthening investor confidence in Nigeria’s capital market. He stated this while delivering a goodwill message at a stakeholder engagement on internal control over financial reporting in the public sector. The event, themed “Strengthening Accounting and…
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Nigeria, Japan agree to strengthen mining collaboration at 9th edition of TICAD
Nigeria and Japan have pledged to strengthen cooperation in the mining sector, with plans to encourage Japanese companies to invest in Nigeria’s rich mineral resources. The commitment followed discussions between Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, and officials of the Japan Organization for Metals and Energy Security (JOGMEC) on Thursday in Yokohama, during the 9th Tokyo International…
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Nigeria, Benin Republic sign pact to drive trade, development in border areas
Nigeria and the Republic of Benin have signed a Memorandum of Understanding (MoU) to strengthen grassroots cross-border cooperation. The agreement, signed on August 18, 2025, aims to strengthen collaboration between local government authorities and traditional institutions along the shared frontier. The MoU, anchored on the African Union Convention on Cross-Border Cooperation, ECOWAS Cross-Border Initiatives, and the Nigeria–Benin Cross-Border Agreement, formalizes…
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