Update

Update

Namibia’s Fisheries Under Siege: Foreign Trawlers Plunder Millions Amid Weak Enforcement

Around midnight, a Namibian vessel’s radar picks up a notorious foreign trawler intruding into its waters. The vessel quickly alerts the Fisheries Monitoring Centre in Walvis Bay, prompting the Navy…

Esther July 7, 2025

News

Cooking Gas Prices Rise Nationwide as 12.5kg Cylinders Surge by Over 32% – NBS Report

The National Bureau of Statistics (NBS) has reported a fresh increase in the retail prices of Liquefied Petroleum Gas (cooking gas) across Nigeria in its latest “LPG Price Watch” for…

Esther July 3, 2025

News

TAJBank assets near N1 trillion as non-interest lender posts 84% growth in 2024

TAJBank Limited has reported a remarkable 84% surge in total assets for its 2024 financial year, with assets rising from N518.33 billion in 2023 to N953.10 billion. In a statement…

Esther June 30, 2025

News

EcoCommerce Nigeria to buy Pick n Pay’s 51% stake in Nigerian Subsidiary Pikwik

Eco Commerce Nigeria Limited (ECN), a private equity firm focused on emerging markets, is acquiring Pick n Pay’s 51% controlling stake in Pikwik Nigeria Limited as the South African retail…

Esther June 30, 2025

News

U.S. introduces new policy allowing startup founders to self-sponsor H-1B visas 

In a ground-breaking move to boost global entrepreneurship, the United States has announced a policy shift in 2025 allowing foreign start-up founders and business owners to self-sponsor their H-1B visas,…

Esther June 30, 2025

News

Afreximbank to recruit 250,000 workers for proposed $5 billion Textile Facility in Nigeria

The African Export-Import Bank (Afreximbank) is poised to revolutionize Nigeria’s industrial landscape with the development of a massive textile facility expected to employ 250,000 workers, as part of a $5…

Esther June 30, 2025

News

Nigeria ranks third in Africa for ransomware threat detections in 2024 – INTERPOL 

Ransomware attacks are escalating rapidly across Africa, with Nigeria ranking third on the continent after Egypt and South Africa, recording 3,459 threat detections in 2024 alone. This is according to…

Esther June 29, 2025

News

New tax reform laws inspire billionaire businessman Femi Otedola to invest more in Nigerian economy

President Bola Tinubu recent signing of four critical tax reform bills into law has sparked renewed optimism within Nigeria’s investment landscape. Billionaire businessman Femi Otedola announced his plans to expand…

Esther June 28, 2025

News

Expert reveals “real reason” behind Dangote’s deployment of 4,000 CNG trucks 

Africa’s richest man and President of Dangote Group, Aliko Dangote, recently unveiled 4,000 Compressed Natural Gas (CNG)-powered trucks to enhance petroleum product distribution nationwide. However, financial expert and KSBC Knowledge…

Esther June 28, 2025

News

Wilmar buys out PZ Cussons in $70M deal to fully own PZ Wilmar 

Lagos, Nigeria June 18, 2025  PZ Cussons PLC and Wilmar International Limited have reached a definitive agreement under which Wilmar will acquire PZ Cussons’ 50% equity stake in their joint…

Esther June 18, 2025