Lagos, Nigeria — Nigerian technology and security solutions company Bergmans Security Consultant & Supplies Limited has secured one of the most significant indigenous corporate deals in Africa’s trade and logistics ecosystem, signing a 20-year agreement with the African Continental Free Trade Area (AfCFTA) Secretariat to implement the AfCFTA Customs Modernisation Project (ACMP). Valued at an […]
Nigeria has taken the first formal step toward returning to the international debt market by inviting financial institutions and law firms to serve as transaction advisers for a planned Eurobond issuance. If completed, the sale would be the country’s first sovereign Eurobond offering since its successful bond issue in November 2025. The invitation was issued
LAGOS, NIGERIA — Following Thursday’s building collapse in the Satellite Town area of Lagos, where emergency responders rescued multiple survivors from the rubble, many Nigerians are once again asking a familiar question: Why do building collapses keep happening in Nigeria? Over the years, several buildings have collapsed across different parts of the country, leaving behind
After the Latest Lagos Building Collapse, What Must Change to Prevent the Next One? Read More »
ABUJA, NIGERIA — When Nigerians discuss infrastructure, the conversation often revolves around roads, bridges, railways and power projects. Yet experts warn that one of the country’s most serious infrastructure challenges receives far less attention despite directly affecting millions of lives every day. It is the crisis of public health infrastructure. From inadequate primary healthcare centres
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ABUJA, NIGERIA — As Nigeria pushes to build a digital economy capable of competing on the global stage, attention is increasingly turning to one critical piece of infrastructure that many experts believe could determine the country’s future success: fibre-optic networks. While discussions about technology often focus on startups, artificial intelligence, fintech and digital skills, industry
Can Fibre Expansion Unlock More Jobs and Innovation in Nigeria? Read More »
ABUJA, NIGERIA — Nigeria’s digital economy is growing rapidly. From fintech startups and online businesses to remote workers, digital creators and technology hubs, millions of Nigerians now rely on the internet to earn a living, access services and connect with opportunities. Yet despite the country’s digital ambitions, poor internet infrastructure remains one of the biggest
Nigeria’s Digital Economy Needs Better Internet Infrastructure. Here’s Why Read More »
ABUJA, NIGERIA — Millions of Nigerians are yet to feel any meaningful relief at filling stations despite the recent reduction in petrol prices announced by the Dangote Petroleum Refinery, raising questions about when lower depot prices will eventually translate into cheaper fuel for consumers. Last week, Dangote Refinery reduced its ex-depot price of Premium Motor
LAGOS, NIGERIA — Nigerian fintech giant OPay has extended the application deadline for its 2026 National Innovation Challenge to July 3, 2026, following overwhelming interest from students across tertiary institutions nationwide. The National Innovation Challenge is a key component of the expanded OPay Scholars Programme 2026, a talent development initiative aimed at empowering young Nigerians
By The Project Herald Across Nigeria, state governments are increasingly shifting attention toward industrial parks, special economic zones, and logistics hubs as they seek new pathways to economic growth, job creation, and private sector investment. For decades, many states relied heavily on federal allocations and traditional revenue sources. However, declining fiscal flexibility, growing urban populations,
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The Nigerian naira ended the week on a weaker note after recording its sharpest decline of the week at the official foreign exchange market, raising fresh concerns over the currency’s stability despite ongoing reforms aimed at improving liquidity. Data released by the Central Bank of Nigeria (CBN) showed that the naira depreciated to ₦1,370.46 against
Dollar to Naira Today: Naira Suffers Biggest Weekly Loss, Closes at ₦1,370.46/$ Read More »