Importers have rejected the proposed increase in shipping tariffs by major shipping companies in the country. Acting under the aegis of Importers Association of Nigeria (IMAN), South West Zone, the group described the move as a violation of existing agreements with stakeholders and a threat to businesses and consumers already burdened by high costs. Speaking…
Telecommunications regulators from around the world have endorsed a comprehensive set of guidelines to navigate digital challenges and opportunities at the Global Symposium for Regulators 2026 (GSR-26). The new guidelines, 2026 Best Practice Guidelines: Regulatory Governance Essentials, are a digital regulation toolkit to address emerging technologies, infrastructure resilience, youth safety, disaster management and the persistent…
Facebook has launched the sixth edition of its pan-African campaign, ‘Made by Africa, loved by the world: Where stories spark community,’ ahead of Africa Day on May 25. This year’s focus: African cinema. The 2026 campaign features a five-part vodcast series profiling five internationally acclaimed actors and filmmakers from Nigeria and South Africa, hosted by…
Nigeria has attracted the largest share of overall foreign direct investment (FDI) in West Africa while manufacturing investment remained relatively modest due to policy inconsistency, infrastructure deficits, and macroeconomic instability, Pan-African Manufacturers Association (PAMA) has said citing data from the United Nations Conference on Trade and Development (UNCTAD). The review said Nigeria recorded negative FDI…
The Dangote Petroleum Refinery has taken the Federal Government to court over fresh fuel import licences issued to oil marketing companies in the country. Despite the refinery’s condemnation and rising domestic refining capacity, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, issued fresh fuel import licences to major petroleum marketers in 2026. Industry data…
The Nigeria Data Protection Commission (NDPC) has signed separate Memoranda of Understanding (MoUs) with the Bureau of Public Procurement (BPP) and the Nigeria Governors’ Forum (NGF) to strengthen data protection and privacy across Nigeria’s public sector and subnational institutions. Speaking during the signing of the MoU with the Bureau of Public Procurement, the National Commissioner/CEO…
The Monetary Policy Committee (MPC) said rising political spending and foreign exchange (forex) demand pressures associated with the 2027 elections will test the resilience of Nigeria’s economy. Members of the Central Bank of Nigeria (CBN)-led MPC, in their personal notes at the last MPC meeting released on Thursday including Aloysius Ordu, Bandele Amoo, Lamido Yuguda,…
Smarting from its successful collaboration with the Central Bank of Nigeria (CBN) and launch of the launch of Telecommunications Identity Risk Management System (TIRMS) to track, verify, and mitigate risks associated with subscriber identity module (SIM) card fraud, number recycling, and other identity-related abuses, the Executive Vice Chairman/CEO, NCC, Dr Aminu Maida, said the Commission…
The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Jani Ibrahim, has appealed to government stakeholders in Nigeria and China to accelerate the frameworks for the establishment of direct flights between Nigeria and China. The NACCIMA President said this will significantly reduce travel time and ease the stress…
