The Securities and Exchange Commission (SEC) has reiterated its ban on the Crypto Bridge Exchange (CBEX), operating under the corporate identity of ST Technologies International Ltd., in Nigeria. This is as the promoters of the platform are seeking for court bail from the custody of Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC)….
By Chimezie Orisakwe The path of entrepreneurship, particularly within the dynamic and often unpredictable terrain of Nigeria, is not for the faint-hearted. It is a unique blend of attributes to navigate the complexities and seize the latent opportunities. During a recent mentoring session in Ikoyi, Lagos, organised by some young business leaders, Leo Stan Ekeh,…
Two Nigerian startups and two Tunisians have made the list of 10 announced in the final shortlist for Qualcomm Incorporated’s Make in Africa 2025. I is the Qualcomm Africa Innovation Platform, now in its third year, that supports the development of Africa’s deep technology ecosystem by providing mentorship, and technical, business and IP training programs…
Adulteration in Nigeria’s food sector has been attributed to substandard practices by key players across the agricultural value chain — particularly farmers, traders, and market vendors. This was revealed by the Director of the Fresh Food Hub at the Lagos State Ministry of Agriculture and Food Systems, Oluranti Sagoe-Oviebo, during a Stakeholders Dialogue on the…
The Nigeria Customs Service (NSC), Federal Operation Unit (FOU), Zone ‘A’, Ikeja has swooped down on smugglers, seized bullet proof vests, goods worth over N1.2 billion and arrested seven suspects in connection with the 46 seizures that were made by the officers of the unit in the last two weeks. Addressing reporters in Lagos yesterday,…
Vice-President Kashim Shettima has said Nigeria is pursuing a $25 billion undersea gas pipeline project aimed at supplying natural gas to Europe through the West African coastline. Mr Shettima disclosed this during a meeting with Vitol Group, the world’s largest independent commodity trader, at the Presidential Villa in Abuja. The Nigeria-Morocco gas pipeline project will…
The Deputy Speaker, Nigeria’s House of Representatives, Benjamin Kalu has said the reform efforts of President Bola Tinubu increased the nation’s trade surplus to N3.42 trillion ($2.25 billion) in the fourth quarters of 2024, driven by increased exports. Kalu who spoke at the inauguration of over 20,000 new members of the Renewed Hope Partners (RHP)…
The Federal Government is targeting a substantial bite of the $1 trillion global outsourcing industry with the relaunch of the National Talent Export Programme (NATEP) which will position Nigeria’s youth as a world-class talent pool for digital and professional services. Federal Ministry of Industry, Trade and Investment led by the Minister, Dr. Jumoke Oduwole, championed…
The Nigerian Exchange Group (NGX), yesterday, said policy inconsistency, currency woes must be tackled to achieve the Federal Government’s proposed $1 trillion economy. Chairman of the Nigerian Exchange Group (formerly the Nigeria Stock Exchange) Dr Umaru Kwairanga made the call in Lagos. He said these were challenges that must be surmounted if that economic milestone…
