• UNGA Spotlight: NEPZA Invites US Investors to Unlock Opportunities in Nigeria’s Free Trade Zones

    The Nigeria Export Processing Zones Authority (NEPZA) has called on the American Business Council, the US Chamber of Commerce, the Africa-US Chamber of Commerce, and...

    UNGA: NEPZA Woos US Investors To Nigeria’s Free Trade Zones
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    The Nigeria Export Processing Zones Authority (NEPZA) has called on the American Business Council, the US Chamber of Commerce, the Africa-US Chamber of Commerce, and other key development partners to tap into the vast commercial potential offered by Nigeria’s Special Economic Zones. Dr. Olufemi Ogunyemi, NEPZA’s Managing Director, emphasized this during his presentation titled ‘Free...
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  • Tinubu Urges Africa to Stop Exporting Raw Materials and Build Thriving Manufacturing Industries

    President Bola Ahmed Tinubu has advocated for a fundamental restructuring of the global financial systems that oversee Africa’s mineral wealth. He emphasized the urgent need...

    Tinubu: Africa Must End Raw Material Exports, Build Factories
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    President Bola Ahmed Tinubu has advocated for a fundamental restructuring of the global financial systems that oversee Africa’s mineral wealth. He emphasized the urgent need for African countries to independently fund their mineral industries and take command of the continent’s role within international supply chains for these resources. “Firstly, I call on African nations to...
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  • US Commits to Taking Bold Action to Boost Argentina’s Economy | Business and Economy

    US Treasury Secretary signals potential interventions to stabilise Argentina amid sharp asset selloff. Published On 23 Sep 202523 Sep 2025 Click here to share on...

    US pledges to do ‘what is needed’ to support Argentina’s economy | Business and Economy
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    US Treasury Secretary signals potential interventions to stabilise Argentina amid sharp asset selloff. Published On 23 Sep 202523 Sep 2025 Click here to share on social media share2 Share The administration of US President Donald Trump has expressed readiness to intervene in Argentina’s financial turmoil as the nation faces intense market instability. Scott Bessent, the...
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  • Rising Imports and Inflation Pose Major Threats to Auto Manufacturing Growth

    The Nigerian automotive sector is currently grappling with considerable challenges, as the surge in imported foreign vehicles combined with soaring inflation threatens the advancement of...

    Importation, Inflation Threatening  Auto Manufacturing Growth
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    The Nigerian automotive sector is currently grappling with considerable challenges, as the surge in imported foreign vehicles combined with soaring inflation threatens the advancement of indigenous vehicle manufacturing and assembly operations. Industry leaders have voiced apprehensions that these issues could derail government initiatives aimed at fostering local automotive production, curbing unemployment, and driving economic progress....
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  • Manufacturers Celebrate as 4% Free On Board Import Fee Gets Suspended

    The Manufacturers Association of Nigeria (MAN) has expressed its appreciation to the federal government and the Minister of Finance & Coordinating Minister for the Economy,...

    Manufacturers Laud Suspension  Of 4% Free On Board Import Fee
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    The Manufacturers Association of Nigeria (MAN) has expressed its appreciation to the federal government and the Minister of Finance & Coordinating Minister for the Economy, Wale Edun, following the recent halt of the reinstated four percent Free-on-Board (FOB) levy on imports, which was set to take effect on August 4, 2025. Segun Ajayi-Kadir, MAN’s director-general,...
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  • UAE and Angola Join Forces to Strengthen Partnership Across Key Sectors

    UAE and Angola Reinforce Strategic Partnership to Accelerate Economic and Developmental Progress in Africa In a recent high-level meeting, Sheikh Mohamed bin Zayed Al Nahyan,...

    UAE, Angola pledge to boost bilateral ties across key sectors
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    UAE and Angola Reinforce Strategic Partnership to Accelerate Economic and Developmental Progress in Africa In a recent high-level meeting, Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates (UAE), and João Manuel Lourenço, President of Angola, reiterated their dedication to expanding and intensifying bilateral cooperation. Their discussions centered on enhancing economic collaboration,...
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  • Lagos Aims to Supercharge Economy with Leather Exports Expected to Rake in N387.5 Billion Annually – Sanwo-Olu

    Governor Babajide Sanwo-Olu has revealed that Lagos is projected to earn around N387.5 billion annually in export revenue from its newly established Industrial Leather Hub...

    Leather exports from Lagos to generate N387.5 billion annually – Sanwo-Olu 
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    Governor Babajide Sanwo-Olu has revealed that Lagos is projected to earn around N387.5 billion annually in export revenue from its newly established Industrial Leather Hub once it operates at full scale. This initiative represents a major advancement for Lagos’ leather sector, elevating the state’s status as a prominent contributor to the international leather export industry.
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