The Lagos State Government has once again reiterated its commitment to creating a thriving business environment through sustained policy reforms and private sector collaboration. This assurance was given during the Lagos edition of the State Action on Business Enabling Reforms (SABER) Technical Session and Statewide Townhall Meeting held on Monday, June 23, 2025, in Ikeja.
Billionaire entrepreneur and Amazon founder, Jeff Bezos, has again reduced his stake in the e-commerce giant by selling a significant batch of shares valued at approximately $737 million. This latest disposal adds to a series of planned stock sales by the tech mogul since the beginning of the year, further reducing his direct holdings in
In a move expected to reshape Africa’s approach to resource development, the Federal Government of Nigeria is preparing to formally unveil the “Africans for Africa Fund” — a groundbreaking financing mechanism aimed at galvanising investments from within the continent into the mining and natural resources sectors. The announcement was made in Abuja during a press
Abuja, July 1, 2025 — Nigeria’s Federal Government has issued a stern warning to the United States over reports that Washington may expand its visa restrictions to include up to 36 West African countries, including Nigeria. In a move interpreted as retaliation, Abuja has threatened to sanction access to its critical rare earth minerals—materials deemed
Abuja, July 1, 2025 — Nigeria’s business environment contracted to its weakest level in seven months, a recent Purchasing Managers’ Index (PMI) survey by Stanbic IBTC Bank reveals, as the private sector reels from high inflation and reform pressures. The headline PMI, pegged at 49.0 in May, slipped below the 50.0 threshold for the fifth
Abuja, July 1, 2025 — The 24th NOG Energy Week Conference and Exhibition commenced on a high note as the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Engr. Bashir Bayo Ojulari, officially declared the exhibition segment open. The opening ceremony, which held earlier today in Abuja, was marked
On June 29, 2023, Lekki Port recorded a historic achievement as it received its first-ever transshipment vessel, the CMA CGM RIMBAUD, marking Nigeria’s official entry into the global transshipment trade network. This milestone event underscores Nigeria’s growing significance in maritime logistics and global commerce. The strategic location of Lekki Port, coupled with its cutting-edge infrastructure
Bro. Fatai Shares Deep Business Wisdom in New Masterclass Episode In a powerful and enlightening session, Bro. Fatai Olayemi, the General Secretary of NASFAT (Nasrul-Lahi-l-Fatih Society of Nigeria) and former leader at FATE Foundation, shared practical business strategies and life lessons in the debut episode of the Flex Finance Pod series. Titled “Business Masterclass with
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Friday, June 27, 2025, received a high-level delegation from the Central Bank of Malawi (CBM), led by its Governor, Dr. MacDonald Mwale, at the CBN Headquarters in Abuja. The visit served as a platform for bilateral engagement on critical issues of mutual
Abuja, Nigeria – June 28, 2025 — The Corporate Affairs Commission (CAC) has issued a public disclaimer alerting Nigerians to an influx of unauthorized email, text, and WhatsApp messages, as well as phone calls, falsely made in the Commission’s name. These fraudulent communications reportedly instruct recipients to download applications or provide sensitive personal information. In
