News

The Cities Most at Risk From Rising Sea Levels Worldwide

THE CITIES MOST AT RISK FROM RISING SEA LEVELS

For centuries, the world’s great coastal cities have been engines of trade, innovation, and population growth. Today, many of those same cities face one of the greatest challenges of the 21st century: rising sea levels driven by climate change. Scientists have repeatedly warned that warming global temperatures are causing glaciers and ice sheets to melt […]

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Made-in-Nigeria Brands Quietly Winning More Customers

MADE-IN-NIGERIA BRANDS QUIETLY WINNING CUSTOMERS

As Nigeria continues to face foreign exchange pressures, rising import costs, and shifting consumer preferences, a growing number of local brands are proving that quality products do not always have to come from abroad. Across sectors ranging from food and beverages to personal care and manufacturing, Nigerian companies are increasingly attracting customers who once preferred

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Young Minds Steal the Spotlight at Toyota Motor Show

Young Minds Steal the Spotlight at Toyota Motor Show

The Toyota Motor Show recently became more than just a display of cars and technology as young Nigerians took centre stage in shaping conversations around the future of mobility, innovation, and sustainable transportation. The event, which brought together industry players, car enthusiasts, innovators, and students, turned into a platform where the voice of young people

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Carloha Boosts 2026 Okpekpe Marathon With Innovations

Carloha Nigeria Brings Innovation to 2026 Okpekpe International Road Race

Carloha Nigeria, the authorised dealer of Chery vehicles in the country, is set to play a major role in the 2026 Okpekpe International 10km Road Race, bringing fresh innovations and stronger mobility support to one of Africa’s most recognised road running events. The race, scheduled to hold on May 30, 2026, in Edo State, is

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CBN Unveils New FX Rules to Boost Market Confidence

CBN Moves to Restore Confidence in Nigeria’s FX Market

The Central Bank of Nigeria (CBN) has unveiled a revised Foreign Exchange (FX) Manual aimed at improving transparency, strengthening market discipline, and restoring confidence in Nigeria’s foreign exchange market. The updated framework comes as the country seeks to stabilise economic conditions, attract investment, and address long-standing challenges that have affected the efficiency of foreign exchange

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Cascador Awards $5m to Nigerian Startups

Cascador Awards $5m to Nigerian Startups

Lagos, Nigeria — Cascador has announced a $5 million funding commitment to a select group of high growth Nigerian startups, in a move aimed at accelerating business expansion, innovation, and long term sustainability across the country’s entrepreneurial ecosystem. Funding to Drive Expansion and Growth The organisation said the support package is designed to help startups

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CAPPA Warns Over Rising Nicotine Products in Nigeria

CAPPA Raises Alarm Over Rising Nicotine Products, Warns Against Youth Targeting

Lagos, Nigeria — The Corporate Accountability and Public Participation Africa (CAPPA) has expressed concern over the increasing availability and promotion of nicotine products in Nigeria, warning that aggressive marketing strategies could expose more young people to nicotine addiction and related health risks. The organisation said the growing presence of emerging nicotine products, including electronic cigarettes,

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Dangote Refinery Hits 700,000 Bpd Capacity Milestone

Dangote Refinery Hits 700,000 Bpd Processing Capacity

Lagos, Nigeria — Dangote Petroleum Refinery has successfully increased its crude oil processing capacity to 700,000 barrels per day (bpd), surpassing its official nameplate capacity of 650,000 bpd and reinforcing its position as the world’s largest single-train refinery. The milestone was achieved during a performance test conducted by the refinery’s process licensors, marking a significant

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CAPPA Warns Over Rising Nicotine Products in Nigeria

IATA, ICAO Deepen Cooperation on Sustainable Aviation Fuel

Montreal, Canada — The International Air Transport Association (IATA) and the International Civil Aviation Organization (ICAO) have strengthened their cooperation to accelerate the development, deployment, and transparent tracking of Sustainable Aviation Fuel (SAF), a key component in global efforts to decarbonize aviation. The renewed partnership was announced during ICAO Aviation Climate Week in Montreal, where

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Aviation Agencies Face Cash Crunch Over Deductions

Stakeholders Warn Revenue Deductions Could Push Aviation Agencies Into Financial Crisis

Stakeholders in Nigeria’s aviation industry have raised concerns over continued government deductions from the internally generated revenue of aviation agencies, warning that the policy could push some agencies into serious financial difficulties. Industry operators, unions, and aviation experts say the deductions are reducing the funds available for critical operations, maintenance, infrastructure upgrades, and safety-related activities.

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