Goddy Ikeh
The Nigeria Customs Service (NCS) and the Benin Republic Customs Administration have launched SIGMAT connectivity between both countries to digitalise and harmonise cross-border trade.
Lagos, Nigeria, has once again been tapped to host the All-Africa Music Awards (AFRIMA) in 2025, reaffirming the city’s status as a nerve centre of African music and cultural innovation.
The United States of America granted citizenship to 34,289 Nigerians between 2020 and 2022, the latest Naturalisations Annual Flow Report from the US Department of Homeland Security shows.
The Nigerian equities market recorded a positive performance last week as investors gained N614bn, with the Nigerian Exchange All-Share Index rising by 0.90 per cent to close at 109,710.37 basis points, while the market capitalisation settled at N68.953tn.
The Nigerian Government has concluded key legal and governance frameworks required for the operational rollout of the African Energy Bank as preparations for its official launch enter the final phase.
Nigeria and China are set to strengthen trade relations through the 2025 edition of the China Commodities Expo-Nigeria, with over 250 Chinese manufacturers and more than 5,000 business representatives expected to participate.
Nigeria’s Bureau of Public Procurement has announced a comprehensive revision of public procurement thresholds for federal Ministries, Departments and Agencies, aimed at reducing bureaucratic delays and improving efficiency in contract awards.
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr. Gbenga Komolafe, says that Africa will require over $600bn annually in upstream oil and gas investment to meet its fast-growing energy demands.
The British High Commissioner to Nigeria, Richard Montgomery, has lauded ongoing economic reforms in Nigeria, describing them as key drivers for the country’s growing potential as an investment hub.
The Deputy Speaker of Nigeria’s House of Representatives, Hon. Ben Kalu, has canvassed partnerships with Australia and Rwanda to enhance women’s representation in governance, security and mining, among other areas.