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…
Read moreJETRO 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…
Read moreCBI 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…
Read moreOlaogun 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…
Read moreDantsoho: 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…
Read moreRecapitalisation: 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…
Read moreNigeria, 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…
Read moreStakeholders 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…
Read morePTI 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…
Read moreShared 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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