Business

OPS seeks President’s help to stop beverage levy bill

By Yinka Kolawole The Organised Private Sector of Nigeria (OPSN), has called for President Bola Tinubu’s intervention to halt the passage of the proposed Customs, Excise and Tariff Amendment (CETA) Bill currently before the National Assembly which seeks to introduce a percentage levy per litre of the retail price on non-alcoholic beverages. The members of OPSN […]
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We’re targeting northern Nigeria for massive oil palm plantations — NPPAN

By Gabriel Ewepu IN a bid to reposition Nigeria as a global leader in palm oil production, the National Palm Produce Association of Nigeria, NPPAN, weekend, disclosed massive oil palm cultivation and plantations in northern Nigeria will soon commence. The President, NPPAN, Dr Alphonsus Inyang, made the disclosure while speaking on the ‘Validation Meeting of the […]

Flutterwave secures banking licence to boost payment efficiency

By Yinka Kolawole Flutterwave Inc., a payments technology company, said it has secured a banking licence which will enable the company  hold funds and deposits directly. Olugbenga Agboola, founder and Chief Executive Officer (CEO) of the firm, announced the development in a statement. He said, “By operating with direct infrastructure, we can streamline our operations and […]

LEDU projects N73.15tr GDP for Lagos in 2026

By Seth Ukochukwu The Lagos Development Update, LEDU, 2026 report has projected significant expansion in the state’s economy, with nominal Gross Domestic Product (GDP) expected to rise to N73.15 trillion this year from N62.66 trillion in 2025, supported by easing inflation, stronger consumption, and improved revenue mobilisation. Speaking at the presentation of the report, Commissioner, Ministry […]

US-Iran conflict: MAN outlines measures to mitigate effect on Nigerian manufacturers

By Yinka Kolawole The Manufacturers Association of Nigeria (MAN) has warned that the unfolding geopolitical tensions in the Middle East poses immediate, severe and multifaceted risks to Nigeria’s manufacturing sector, while outlining urgent pathways to safeguard industry operators. Director General of MAN, Segun Ajayi-Kadir, in a statement, said the sector is already grappling with the ripple […]

30 innovation teams emerge in Nigerian Engineering Olympiad regional qualifiers

THE Nigerian Engineering Olympiad (NEO) has selected 30 standout innovation teams to advance to the regional phase of its national competition, marking a key milestone in a 10-month initiative aimed at transforming academic research into commercially viable and sustainable enterprises. Chosen from 375 submissions, the teams represent Nigeria’s emerging generation of engineers, with five projects […]

Vanguard Detty December

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