Maersk reroutes some sailings around Africa due to ‘unforeseen constraints’ in Red Sea
Denmark’s Maersk said on Friday it will temporarily reroute some of its sailings around the Cape of Good Hope, and thus away from the Suez Canal, after experiencing unforeseen constraints…
NEPC warns 50% post-harvest losses threaten Nigeria’s export drive
The Nigerian Export Promotion Council (NEPC) has expressed concern over high post-harvest losses threatening Nigeria’s export competitiveness. Mrs. Ngozi Ibe, NEPC Regional Coordinator, South-South Office, made this known on Thursday…
Nigerian makes TikTok Global Discover List 2026
A Lagos-based medical doctor and health educator, Dr. Olawale Ogunlana, has been named among five Sub-Saharan African creators featured on TikTok’s Global Discover List 2026. Ogunlana, known on TikTok as…
NDIC managing almost 600 failed banks’ assets, sensitises debt recovery agents Assets
The Nigeria Deposit Insurance Corporation (NDIC) says the corporation is managing assets of almost 600 failed banks and working to ensure that depositors are paid their uninsured deposits. Mrs. Patricia…
FCCPC reports indicts Air Peace, Aero, others of price abuse during Christmas; set to probe foreign airlines
A review undertaken by the Federal Competition and Consumer Protection Commission (FCCPC) has uncovered patterns of price manipulation perpetrated by some local airlines during the last festive season. Political…
Leo Stan Ekeh @ 70: A life of innovation and nation-building, by Funmilola Gboteku
In 2001, he took an even bolder step by founding Zinox Technologies, one of the first indigenous computer brands in West Africa. Zinox not only assembled computers but ensured quality…
Farmers excited over World Bank $500m loan, seek proper implementation
Farmers in Lagos State have expressed joy over the World Bank proposed $500 million loan to the Nigerian agriculture sector, while calling for appropriate implementation. The agriculture experts made the…
African nations turn to multilateral lenders for diversification – S&P says
African governments will lean more on multilateral lenders and reform momentum in 2026 even as debt distress risks remain elevated across the continent, S&P Global Ratings’ head of national ratings…
12 ships laden with various commodities arrive Lagos ports
The Nigerian Ports Authority (NPA) said at least 12 ships have arrived at the Lekki, Tin Can, and Apapa ports in Lagos and are awaiting discharge of petrol, fertilizer, urea,…
Sustained inflation decline informed MPR reduction to 26.50% — Cardoso
The Central Bank of Nigeria (CBN) says its decision to reduce the Monetary Policy Rate (MPR) by 50 basis points was partly informed by sustained deceleration in year-on-year inflation. The…