Author: Ifetayo Adeniyi

French government promises to continue trade ties with Nigeria Favier … as Nigeria stands as one of the most important partners for France in Africa. The Consul General of France in Lagos, Laurent Favier, has said that the French Government remains firmly committed to strengthening the partnership between Nigeria and France, stating that the country will continue to invest in initiatives that promote sustainable development, technology transfer, and economic growth, thereby creating jobs and fostering inclusive prosperity. He stated this yesterday, at a press conference organised by the Franco-Nigeria Chamber of Commerce and Industry (FNCCI) in commemoration of its 40th…

Benin City Set to Dazzle: Edo Carnival 2025 Promises a Week of Culture, Colour, and Celebration! The stage is set for Edo Carnival 2025, a spectacular week-long celebration that will light up Benin City from December 21 to 27, showcasing the rich heritage, music, and artistry of the Edo people in a grand display of culture and creativity. This maiden edition, themed “our culture our pride”,promises to transform the ancient city into Nigeria’s cultural capital, drawing visitors, tourists, and performers from across the country and beyond for seven unforgettable days of entertainment, unity, and pride. The carnival unfolds in multiple…

FBNQuest Merchant Bank Limited Named MSME Trade Finance & Non-Oil Export Merchant Bank of the Year FBNQuest Merchant Bank Limited, a leading provider of investment and wealth management solutions in Nigeria, is proud to announce its recognition as the MSME Trade Finance & Non-Oil Export Merchant Bank of the Year at the MSME Finance CEO Forum & Awards 2025, held on Saturday, 1st November at the Civic Centre, Victoria Island, Lagos. This award underscores FBNQuest’s strategic commitment to advancing Nigeria’s economic diversification agenda by empowering Medium, Small, and Micro Enterprises (MSMEs) and driving growth in the non-oil export sector. Through…

About 95% of Nigerians use road transport compare to other means in Nigeria – FG The Permanent Secretary, Federal Ministry of Works, Olufunsho Adebiyi. Photo: Federal Ministry of Works … thanks Ekiti Governor for hosting National Council. The Permanent Secretary, Federal Ministry of Works, Olufunsho Adebiyi, has disclosed that approximately 95 per cent of Nigerians rely on road transport for their movement and the transportation of goods across the country. Adebiyi stated this while delivering his address at the 30th meeting of the National Council on Works, which opened on Monday in Ado-Ekiti, Ekiti State. In a statement by the…

Why passengers disagree over new travel tax scheme … tax to boost aviation security. The Nigeria Civil Aviation Authority has concluded plans to introduce a new $11.50 levy on all international air tickets for inbound and outbound passengers, a move that could yield over $1bn in revenue over the next two decades, and has sparked concerns among operators. The new charge, classified as a security fee, is tagged the Advance Passenger Information System levy. It will be added to the existing $20 security charge, bringing total security-related ticket fees to $31.50 per passenger. According to the NCAA, the charge aims…

As OPS, Labour reject N10000, N20000 notes suggestions … “ill-timed, elitist, and economically risky.” The Organised Private Sector and the Nigeria Labour Congress have rejected calls for the introduction of higher-value currency notes, warning that the proposed move would not solve Nigeria’s economic or currency problems but would worsen inflation and undermine cashless policy gains. Their reactions followed a report by Quartus Economics urging the Central Bank of Nigeria to introduce N10,000 and N20,000 notes to restore the naira’s portability and reduce the cost of cash transactions. The report, titled “Is Africa’s Eagle Stuck or Soaring Back to Life?”, claimed…

OMSL Shines At The 2025 CIPM Awards Ocean Marine Solutions Limited (OMSL), Nigeria’s leading oil and gas asset protection company has been honoured at the prestigious 2025 Chartered Institute of Personnel Management (CIPM) HR Oscars. The company earned an impressive 3rd place with a 90 % score in the HR Optimisation Award Compensation, Reward and Recognition Category. The award ceremony was held on October 28th, 2025 in Abuja , celebrated organisations demonstrating exceptional human resource practices that drive performance, fairness, and employee engagement. This recognition reflects OMSL’s unwavering commitment to fostering a performance -driven, people- focused culture where excellence and…

Nollywood filmmakers, German film industry professionals discuss potential partnership “Earlier today (Monday), I had the pleasure of attending a lunch meeting organized by the German Embassy in Lagos, courtesy of Consul General Daniel Krull, where Nollywood filmmakers and German film industry professionals came together to discuss potential collaborations. As the National President of the Association of Movie Producers of Nigeria (AMP), I’m always excited when collaborations like this are on the table, as I know that my producers are always open to exploring possible partnerships with our counterparts in other countries. I want to sincerely thank the German Embassy and…

ADIPEC 2025, NNPC Limited Champions Energy Equity, Global Partnership The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, today led a high-level delegation to the NNPC exhibition booth at the ongoing Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2025), reinforcing the company’s commitment to global collaboration, energy equity, and sustainable investment. Welcomed by the Executive Vice President, Business Services, Sophia Mbakwe, and other senior executives, the GCEO’s visit underscored NNPC’s strategic presence at one of the world’s most influential energy gatherings. The Chairman of the Board of NNPC Limited and fellow board members were also in…

Stanbic IBTC Bank Nigeria PMI: Output Growth Hits Six-Month High In October October data pointed to improved growth momentum in the Nigerian private sector, with both output and new orders increasing at sharper rates than in September. In turn, companies took on extra staff and expanded their purchasing activity. The pace of input cost inflation remained subdued relative to the picture over recent years, while output prices increased at the second-slowest pace for five-and a-half years. The headline figure derived from the survey is the Stanbic IBTC Purchasing Managers’ Index™ (PMI®). Readings above 50.0 signal an improvement in business conditions…