Ellah Lakes Expands Operations with Acquisition, N235bn Public Offer

Kayode Tokede Nigeria’s agribusiness firm, Ellah Lakes Plc, has announced the acquisition of Agro-Allied Resources & Processing Nigeria Ltd (ARPN) alongside the launch of a N235 billion public offer, as part of its strategic drive to scale operations and deepen its presence in Nigeria’s agribusiness sector. The acquisition grants Ellah Lakes full ownership of ARPN, adding approximately 11,783 hectares of cultivated land — including 6,280 hectares of oil palm and 2,093 hectares of cassava — plus…

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JETRO Boss: How Japanese Businesses are Coping in Nigeria

Oluchi Chibuzor The Country Managing Director and Trade Commissioner of Japan External Trade Organisation (JETRO) Takashi Oku, has revealed that more Japanese firms are forming partnerships with Nigerian businesses to enhance their profitability and operations. Oku, while speaking with reporters during the opening of the JETRO Pavilion at the Lagos trade fair at the weekend, said about nine more Japanese companies, in addition to the existing ones are currently partnering with Nigerian companies for better services and profitability. According…

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CBI to Redefine Journalism Through Technology

Nume Ekeghe A new entrant has joined Africa’s fast-evolving media landscape with the official launch of CBI News, a digital-first media platform committed to rebuilding trust in journalism and redefining how African stories are told. The launch, held at the Lagos Marriott Hotel, Ikeja, marked the unveiling of the CBI News mobile application, available on Android and iOS, signalling a step toward more interactive, technology-driven news delivery. Founded by Chairman and Group Chief Executive of Baywood Group, Emperor Chris Baywood Ibe,  CBI…

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Olaogun Community to Launch N300M Fund for Health Centre

Nume Ekeghe Olaogun community, a suburb of Agbado in Ogun State, is set to launch a N300 million appeal fund to support the development of its health centre, the community announced in a statement. The initiative will coincide with the first edition of the Olaogun Community Day, organised by the Olaogun Area Community Development Committee in Ifo Local Government Council. In the statement signed by Mr. Odutayo Odusanya, Chairman of the Organising Committee, the theme for…

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Dantsoho:  Interconnected Africa Needs Collective Action for Port Growth

Eromosele Abiodun The Managing Director of the Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, has emphasised that the interconnectedness and interdependence of African nations make cooperation an essential precondition for the collective advancement of seaports across the continent. Dantsoho made this known at the closing ceremony of the 45th Annual Council of the Port Management Association of West & Central Africa (PMAWCA) held in Pointe-Noire, Congo. Dantsoho said the level of enthusiasm, goodwill and altruism displayed…

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Recapitalisation: NAICOM to Commence Feedback on Review of  Operators’ Plans

Ebere Nwoji The commissioner for Insurance, Mr Olusegun Ayo Omosehin has given  an update on the  insurance sector’s preparation for  the on going recapitalisation  exercise that will migrate operators to a new capital regime. He said NAICOM had completed review of recapitalisation plans submitted by operating firms and would commence official communication to individual firms on the outcome of its reviews very soon. He gave the update at the Insurance Directors’ Annual Conference Organised by the…

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Nigeria, Denmark Pledge to Deepen Maritime Ties

The government of Denmark has pledged its continued support for Nigeria’s maritime sector development while seeking to explore new areas of economic partnerships. This was disclosed by the Danish Ambassador to Nigeria, Mr. Jens Ole Bach Jansen, during his recent visit to the Nigerian Maritime Administration and Safety Agency (NIMASA) head office in Lagos. Jansen emphasised the longstanding ties between both countries which spans decades and has seen the Danish government and Danish private companies invest…

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Stakeholders Seek Digital Transformation in Community Management

Sunday Ehigiator Stakeholders in Africa’s real estate and property management sector have called for stronger collaboration and investment in technology-driven systems to enhance community living and management across the continent. The call was made during the maiden edition of the Real Estate Management in Africa Conference (REMA) 2025, held  in Lagos with the theme, ‘Structures Beyond Buildings.’ Speaking at the event, the Convener and Chief Executive Officer of Venco Africa, Chude Osiegbu, urged players in the…

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PTI Flags Off FGN-TVET, NSQ In Delta

Sylvester Idowu in Warri  The Petroleum Training Institute (PTI) has flagged off the Federal Government’s Technical Vocational Education and Training (FGN-TVET) Skills Training and National Skills Qualification (NSQ) Certification Program.  The flagg off ceremony, held at the Institute’s main auditorium and presided over by the Principal and Chief Executive, Dr. Samuel Onoji, attracted top management team from the Institute, including, industry leaders and learners. Onoji said the event marks a significant stride towards improving the country’s…

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Shared Value by Design: What Scalable African Business Really Looks Like

 Tsola Barrow A Continent of Ambition, Searching for Endurance Across Africa, new ventures appear every day – from factories and logistics firms to start-ups and creative enterprises. Each begins with the same conviction: to solve problems, create jobs, and grow. The continent hums with energy and imagination. Yet many of these ventures fade before their promise is realised. Some stall after early success; fragile systems undo others – volatile exchange rates, costly financing, unpredictable markets. The…

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Business & Economy

NGX bleeds: Stocks lose N4.6 trillion as sell-off hits blue-chip stocks 
Senate confirms Agbaje as PENCOM Chairman, approves new board members 
No, your FG, State bonds income won’t be taxed in 2026 – here’s what the new law actually says 
Abbey Mortgage Bank signals strong liquidity and credit stability with new A3 rating 
PZ Cussons proposes N98 million Director pay ahead of AGM 
Nigeria data centre capacity to hit 218MW by 2030 — Report
Education Innovator, Anita Dagor wins N1m Unilever Nigeria Grant at 24th WIMBIZ Conference  
NUPRC announces 2025 oil licensing round to begin December 1 
Clean energy capital to Nigeria, other developing countries rises to $21.57 billion — UNFCCC 
InfraCredit’s Guarantee, supported by UK-Funded Climate Finance Blending Facility, mobilises local currency debt for CEESOLAR’s Off-Grid energy project in Nigeria 
Vehicle registration costs in Nigeria surge to N140,000 in 2025 
Dangote Fertilizer partners Firm to license and build 4 plants in Lekki
Basic strategies to invest in NGX stocks in 2025 
The First Radio Signal From Comet 3I/Atlas Ends the Debate About Its Nature
The EPA Is in Chaos
This Bluetooth Speaker Is Also a Charging Hub, and It’s Discounted to $130
If the US Has to Build Data Centers, Here’s Where They Should Go
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NAFDAC orders ban of sachet alcohol and bottles below 200ml from December 2025 
New Zealand adopts national occupation list for work visa applications 
Elumelu embarks on Pan-African Tour championing entrepreneurship, infrastructure, and inclusive growth 
National Digital Economy Bill may cause regulatory overlap in ICT sector—ALTON  
Agbakoba proposes reforms to unlock ‘₦1.5 Quadrillion economy’, stabilise naira
NGX SWOOTs crash to N83.34 trillion after losing N2.75 trillion in 6 trading sessions of November 
Gold regains shine, rebounds above $4,100 as trade uncertainty looms 
Central Bank of Nepal approves LemFi partnership with Esewa for enhanced remittances 
Top Chinese air conditioner brands gaining ground in Nigeria’s cooling market  
Nestoil, Neconde petition halts court proceedings in debt dispute
House of Reps pushes e-governance bill to transform public service delivery 
Canada issues new rules for cancellation of temporary visas, study, and work permits 
Nigeria’s earnings from crude oil sales tumble by N824.66 billion in 2024