By Seun Ibiyemi The Federal Government on Tuesday launched the first phase of the National Single Window (NSW), a digital platform designed to streamline international trade processes and tackle the persistent congestion burden on Nigerian businesses. The initiative was unveiled by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, as part…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has rejected calls for additional taxation on sugar-sweetened beverages (SSBs), describing the proposal as ill-timed and potentially harmful to Nigeria’s fragile economic recovery. In a policy brief released on Tuesday, the CPPE faulted the recommendation by the Corporate Accountability and Public Participation Africa…
By Seun Ibiyemi Africa’s foremost industrialist, Aliko Dangote, has cautioned that escalating tensions in the Middle East and the resulting volatility in global oil markets could have severe economic consequences for Nigeria and other African countries. Dangote gave the warning on Monday in Lagos after a courtesy visit and Eid-el-Fitr homage to President Bola Tinubu….
The Niger Delta Chambers of Commerce, Industry, Trade, Mines, and Agriculture (NDCCITMA) has unveiled plans to attract up to $5 billion in investment to generate more than 500,000 jobs across the Niger Delta region. The Board Chairman of NDCCITMA, Idaere Ogan, disclosed this during a media briefing with journalists on Monday in Port Harcourt, ahead…
By Seun Ibiyemi Moniepoint Inc. has acquired Orda Africa as part of its strategy to deepen its footprint in Africa’s fast-growing food service industry, estimated to be worth about $50 billion. Orda, a cloud-based restaurant management platform operating in Nigeria, will be integrated into Moniepoint’s Moniebook platform an all-in-one point-of-sale and business management solution launched…
…warns of economic risks By Seun Ibiyemi The Shipping Correspondents Association of Nigeria (SCAN) has expressed concern over delays in the renewal of port concession agreements in Nigeria, warning that the development poses significant risks to the maritime sector and the broader economy. In a statement issued on Sunday in Lagos, and signed by its…
By Seun Ibiyemi The transformation of water transportation in Lagos is increasingly tied to the leadership approach of Oluwadamilola Emmanuel, whose tenure as General Manager of the Lagos State Waterways Authority (LASWA) reflects a shift from regulatory inertia to proactive system-building. At the core of Emmanuel’s strategy is a deliberate repositioning of waterways as a…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has warned that rising geopolitical tensions in global energy markets could undermine Nigeria’s recent progress in easing inflation, posing fresh risks to households and businesses. In its February 2026 inflation policy brief, the Chief Executive Officer, CPPE, Dr. Muda Yusuf noted that while…
By Dakuku Peterside On the evening of March 16, 2026, as families in Maiduguri prepared to eat their evening meal, a series of coordinated suicide bombings ripped through the city. The attacks struck the Monday Market axis, the post office corridor, the entrance to the University of Maiduguri Teaching Hospital, and the Kaleri area, leaving…
By Seun Ibiyemi The International Monetary Fund (IMF) has warned that sustained increases in energy prices could drive global inflation and weaken economic growth if the current trend persists. IMF spokesperson, Julie Kozack, disclosed this on Thursday, noting that ongoing conflict has already disrupted seaborne shipments of oil and natural gas, pushing crude oil prices…
