CAC Introduces AI Technology for Swift Business Registration
The Corporate Affairs Commission has launched a pilot Artificial Intelligence-powered registration portal to overhaul the current Company Registration Portal. A statement issued by the commission on Tuesday described the initiative as a game-changer aimed at significantly reducing registration timelines and…
Abia to unveil Aba export lab for economic growth
Abia State Government has concluded plans to unveil its Aba Export Lab to provide a platform for export development within the state and for economic rejuvenation of the state. The Commissioner for Information, Okey Kanu, disclosed this on Monday in…
UAE races to become fastest growing buyer of Kenyan goods
Dubai Exports, the export promotion agency of the Department of Economic Development (DED) in Dubai, hosted a business forum in Nairobi, marking the conclusion of a five-day trade mission to Kenya, which provided varied opportunities for companies from the UAE…
US-Africa Business Summit yields over $2.5 billion in deals, commitments
The United States Department of State has said that the 17th U.S.-Africa Business Summit yielded more than 2.5 billion dollars in new deals and commitments between U.S. and African partners. The U.S. Department of State said the summit, which was…
Peter Obi Declares 2027 Presidential Bid, Pledges One-Term Tenure
Former Labour Party presidential candidate, Mr. Peter Obi, has declared his intention to run in the 2027 presidential election, with a pledge to serve only one term if elected and to restore Nigeria’s stability within his first two years in…
Lagos ports to receive 2,700 containers, 265,000 MT of crude oil, used vehicles between July 1 -10
Lagos ports are expected to witness a surge in maritime activity between July 1 and 10, 2025, with at least 13 vessels scheduled to berth, delivering over 2,700 containers, 550 used vehicles, and a crude oil consignment exceeding 265,000 metric…
BREAKING: Dangote slashes petrol price to N840 per litre
The Dangote Petroleum Refinery has announced reduction in its ex-depot price of Premium Motor Spirit (PMS), also known as petrol, from N880 to N840 per litre. This was confirmed on Monday night by the Group’s spokesperson, Anthony Chiejina Chiejina said,…
AAM2025: Afreximbank’s support for Dangote Refinery hits over $4 billion
The outgoing President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has disclosed that the bank has so far supported the Dangote Refinery and Petrochemical Industry with “over $4 billion” in interventions….
Nigeria, Saint Lucia to establish diplomatic relations
President Bola Tinubu and Prime Minister Philip J. Pierre on Sunday committed to establishing formal diplomatic relations between Nigeria and Saint Lucia. Both leaders discussed ongoing efforts toward this goal during Tinubu’s courtesy visit to the Prime Minister at his…
GTBank announces early closure nationwide June 30
Guaranty Trust Bank Ltd. has announced that all its branches across Nigeria will close earlier than usual on Monday, June 30. The bank made this known in a customer email sent on Saturday, informing clients of the temporary change in…