The Nigeria Customs Service (NCS) has started consultations with the Nigerian Shippers’ Council (NSC) to address operational hitches arising from the rollout of the trade automation platform, the Unified Customs Management System, popularly known as B’Odogwu. This consultation is a response to freight forwarders and Licensed Customs Agents concerns over delays, demurrage, and disruptions linked…
Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola, President Bola Tinubu plans to replicate the success story of the Lekki Deep Seaport across Nigeria’s maritime sector, describing it as a model for economic growth and development. Speaking at the Nigerian Chamber of Shipping Breakfast Meeting in Lagos, Oyetola declared that the administration ofTinubu is…
Ondo State Oil Producing Areas Development Commission (OSOPADEC) has said the current 40per derivation allocation fund is no longer sustainable. It therefore called for its increase to 55per cent to enable the commission adequately address the developmental challenges of the state’s oil-bearing communities. Its Chairman, Biyi Poroye, made the demand at the flag-off of the…
After a buzzing month of July, August has been pretty quiet so far in terms of start-up funding announcements on the continent. Africa: The Big Deal report, enough has already been raised to cross the $2 billion mark in start-up funding in Africa (exc. exits). This is a good performance in itself, and means the…
Africa’s leading technology distributor, TD Africa, has attained the ISO 42001 (Artificial Intelligence Management Systems) and ISO 27701 (Privacy Information Management Systems) certifications. These globally recognized certifications, which set the highest benchmarks for responsible AI deployment and data privacy, position TD Africa as a pioneer in preparing Africa for an AI-powered future. Speaking on the…
Nigeria is betting on its Energy Transition Plan (ETP) as a path to net-zero emissions by 2060, prioritizing power, cooking and transport, sectors as focus areas. The Minister of Environment Balarabe Abbas Lawal who gave the assurance the ETP will create hundreds of thousands of new jobs by 2030 and beyond. He said gas plays…
An indigenous Original Equipment Manufacturer (OEM), Beta Computers, has petitioned the Ministry of Communications, Innovation and Digital Economy over the deployment of counterfeited copies of its SPEEDSTAR personal computers (PCs) by the National Information Technology Development Agency (NITDA) contractors. Beta Computers is one of the certified OEMs for made-in-Nigeria computers by the Federal Government and…
The Court of Appeal, Abuja Division, on August 8, upheld the Nigerian National petroleum Company (NNPC) Limited’s appeal against the Federal High Court’s April 2023 judgment that annulled Sen Ifeanyi Araraume’s removal as non-executive Chairman of the NNPC Board and awarded him ₦5 billion in damages. With this judgment, the Court of Appeal thus spared…
Glovo has entered into a partnership arrangement with the organisers of GITEX Nigeria Tech Expo & Future Economy Summit to select a Tech Startup founder during the summit to attend the 2025 Glovo Startup Campus programme scheduled to hold in October in Barcelona, Spain. The Glovo Startup Campus is an annual programme by Glovo that…
