Author: Ifetayo Adeniyi

Manny Ita  – Several vessels laden with a combined 129,000 metric tonnes of petrol and diesel are scheduled to dock at Lagos ports today, in what industry officials describe as a significant step toward easing the current supply constraints and stabilizing fuel prices across the country. The shipments, which include both Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), are expected to bolster national reserves at a time when concerns over distribution bottlenecks and rising pump prices have intensified in major cities, including Lagos and Abuja. Port and downstream sector sources confirmed that the vessels began berthing early Tuesday,…

Manny Ita  – Political discussions around Nigeria’s 2027 general elections intensified on Tuesday following remarks by media entrepreneur and publisher Dele Momodu, who suggested that a coalition ticket involving Atiku Abubakar and Peter Obi, or alternatively Atiku and Rotimi Amaechi, could pose a formidable challenge to the incumbent administration. Momodu, speaking amid growing opposition realignment talks, argued that “a united front remains the only viable path to unseating the ruling party,” adding that fragmented efforts in previous elections had weakened the opposition’s chances. He maintained that figures like Atiku, Obi, and Amaechi each command significant regional and political followings that,…

Manny Ita  – IHS Holding is taking decisive steps to finalize the restructuring of its portfolio as it prepares for a landmark $6.2 billion merger with MTN Group, a move set to redefine Africa’s telecommunications infrastructure landscape. The company is undertaking a comprehensive “cleanup” of non-core assets, a strategy designed to sharpen its operational focus and strengthen its balance sheet ahead of the merger. This process involves settling historical debts with 9mobile, ensuring all outstanding obligations are cleared, and exiting Latin American markets to concentrate fully on African infrastructure investments. A spokesperson for IHS Holding described the divestments as “critical…

Manny Ita  – The Federal Government has officially launched the iDICE Startup Bridge, a ₦617 million initiative designed to accelerate the growth of high-potential startups across Nigeria’s six geopolitical zones, in a move aimed at decentralising the country’s innovation ecosystem. The programme, unveiled in partnership with the African Development Bank, is expected to provide a combination of mentorship, technical support and equity funding to more than 100 selected startups operating in critical sectors of the economy. Officials said the initiative forms part of broader efforts to expand opportunities for entrepreneurs outside traditional tech hubs such as Lagos and Abuja, while…

Manny Ita  – Lady Diana Ereyitomi Eyo-Enoette has been appointed as the Delta State Coordinator of the Young Women Renewed Hope Coalition (YWRHC), a development she described as both an honour and a call to service. In a statement following her appointment, Eyo-Enoette reflected on the importance of active participation in leadership and societal change, stating, “Continuous Service: Can true difference be made from the sidelines? Sometimes the answer is simple you become the shift you are waiting for.” She expressed appreciation to the National President of the coalition, Hon. Rinsola Abiola, for the confidence reposed in her, noting that…

Manny Ita  – Fashion analysts at ThisDay Style have identified a major shift in women’s style preferences for March 2026, with the concept of “Fit over Fad” taking center stage as the season’s leading trend. The movement reflects a growing emphasis on proportion, tailoring, and versatility, as women increasingly prioritize how clothing fits and functions over fleeting, trend-driven aesthetics. According to industry observers, the trend is characterized by the deliberate pairing of structured pieces with more relaxed staples, particularly the combination of tailored blazers and casual denim. This approach allows for a balance between polish and comfort, creating looks that…

Manny Ita  – Zenith Bank has officially expanded its international footprint with the launch of a new branch in Manchester, marking a significant milestone in the bank’s strategic push to deepen financial connectivity between Nigeria and the United Kingdom. The opening ceremony, held today, underscores the institution’s commitment to facilitating cross-border trade and strengthening its position as a key player in international banking. The Manchester branch is designed to serve as a dedicated hub for trade finance and corporate banking, with a particular focus on businesses engaged in Nigeria-UK commerce. According to senior officials of the bank, the new office…

Manny Ita  – Nigeria is set to host a major convergence of global agro-industry stakeholders as the Agrofood Nigeria 2026 returns to the Landmark Centre from March 24 to 26, bringing renewed focus to food security, innovation, and sustainable agricultural practices. Organisers confirmed that this year’s edition will feature the Netherlands as the official guest of honor, with a strong delegation showcasing advanced technologies aimed at improving cold-chain logistics and modern food packaging systems. These solutions are expected to address Nigeria’s persistent post-harvest losses, which experts say significantly impact food availability and pricing. “The participation of the Netherlands highlights the…

Manny Ita – Nigeria has taken a significant step toward industrial transformation and clean energy adoption following the signing of an agreement with South Korea’s Asia Economic Development Committee to establish a large-scale electric vehicle manufacturing plant in the country. The deal, which marks Nigeria’s formal entry into the global electric vehicle market, is expected to deliver an annual production capacity of up to 300,000 vehicles while generating approximately 10,000 direct and indirect jobs across the value chain. Government officials described the agreement as a “strategic milestone” aimed at positioning the country as a key player in Africa’s emerging EV…

Manny Ita  – Nigeria’s equities market recorded a landmark achievement on Monday as the Nigerian Exchange Group All-Share Index surged past the 200,000-point threshold for the first time in history, underscoring sustained investor confidence amid persistent macroeconomic challenges. Market data showed that the benchmark index closed above the milestone level following a strong rally driven by renewed buying interest across key sectors, particularly banking, consumer goods, and industrial stocks. Analysts noted that the bullish momentum reflects a combination of domestic institutional participation and strategic positioning by foreign investors. “Crossing the 200,000 mark is a significant psychological and technical milestone for…