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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 Signs $800m Contract with China's Sinoma to Double Itori Cement Capacity

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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BATN Foundation Awards N25.5 Million to Young Agripreneurs

The BATN Foundation has awarded a total of N25.5 million in grants to 17 young agripreneurs as part of efforts to support youth-led businesses in Nigeria’s agricultural sector. The beneficiaries, selected under the Foundation’s 2026 Graduate Agripreneur Programme (GAP), each received N1.5 million in equity-free funding to help grow their agricultural ventures. The programme is

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Unstable Cocoa Prices Raise Fresh Concerns for Farmers

Cocoa Farmers Raise Alarm Over Persistent Price Volatility

African cocoa farmers have expressed growing concern over persistent fluctuations in global cocoa prices, warning that continued market instability is threatening livelihoods, discouraging investment, and slowing development across the cocoa value chain. The concern was raised by the Cocoa and Coffee Farmers Alliance Association of Africa (COCEFAAA) ahead of the Cocoa & Coffee Fiesta Lagos

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Is Nigeria's Economy Improving? What the Numbers Say

Is Nigeria’s Economy Turning a Corner or Are Nigerians Yet to Feel It?

Nigeria’s economy is showing signs of improvement on paper. Government revenue is rising, economic growth forecasts have become more positive, and investors are beginning to show renewed interest in the country. To economists and policymakers, these are encouraging signals that the economy may be moving in the right direction. Yet for many Nigerians, a different

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Rural Electrification Programmes: Bringing Power to Communities Left Behind

Electricity remains one of the most important drivers of economic growth and development. Yet across many rural communities in Nigeria and other developing countries, access to reliable electricity remains a challenge. While urban areas often receive greater attention in power distribution, millions of people living in rural communities continue to face limited access to electricity.

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