Nigeria's Council of Registered Builders has rolled out aggressive reforms over the past three years to boost ethical standards and social accountability among construction professionals, according to chairman Dr. Samson Opaluwah. Speaking at Bingham University in Karu, Nasarawa State, during a convocation lecture, he revealed that CORBON partnered with the Chartered Institute of Building to elevate industry practices through international collaboration while separately working with GIZ to deliver vocational instruction in sustainable techniques to 50,000 tradespeople.
The regulatory body launched digital systems called the Builder's Management Portal and iReg to modernize how it handles member registration and oversight. Opaluwah...
Port authorities have deployed continuous monitoring teams along Lagos export corridors after bridge reconstruction efforts paralyzed cargo movements between Ijora and Apapa terminals. Shittu Lukmon from the Lagos State Truck and Cargo Operators Committee credited the Nigerian Ports Authority's nonstop supervisory presence with preventing shipment disruptions that threatened manufacturers and agricultural exporters facing tight vessel departure windows.
The Apapa terminal chief has maintained weekend oversight operations that restored orderly vehicle flows and reduced loading delays at export processing facilities. Trucking associations report unprecedented management commitment from port leadership, whose persistent engagement has...
Nigeria's banking sector union leadership changed hands as Olusoji Oluwole completed his mandated term and passed authority to Nike Joseph, the highest-ranking committee member available for caretaker duties. A pending lawsuit prevented the organization from conducting scheduled elections at its triennial gathering in Lagos, forcing the temporary arrangement until courts resolve the dispute filed by Amina Danesi and four colleagues.
Delegates attending the association's 12th conference addressed worker welfare concerns and selected Rivers State as the venue for their next major assembly. The gathering brought together representatives from financial institutions across the nation to chart the union's path forward despite electoral...
Lagos authorities have ramped up protective protocols for swine producers amid surging international cases of African Swine Fever and E. coli outbreaks threatening livestock populations worldwide. Agriculture Commissioner Abisola Olusanya said the government distributes fumigation equipment, replacement breeding stock and grain supplies to thousands of farmers while enforcing strict movement controls between facilities to prevent pathogen transmission.
The state provided 1,200 pigs to 400 producers after previous disease episodes and delivered 16 truckloads of feed to more than 3,000 operations facing elevated input costs. Officials mandate farm documentation for animal traceability and promote insurance coverage to shield producers...
Whatadeal Africa's digital marketplace arm is launching its first major commercial expo across two days this month in Lagos, bringing together merchants from fashion, beauty, tech, food and lifestyle sectors. Managing Director Fela Bank-Olemoh describes the gathering as more than conventional vendor interactions, positioning it as a bridge between online efficiency and face-to-face relationship building that strengthens customer loyalty.
The exhibition promises shoppers access to special promotions while vendors gain direct consumer contact and heightened brand recognition. Entertainment features, interactive activities and prizes exceeding half a million naira will enhance the marketplace atmosphere for attendees exploring diverse...
Nigeria's state petroleum giant has recorded extraordinary earnings of N5.4 trillion after tax, more than doubling the N2.2 trillion posted the previous year. Group Chief Executive Officer Bashir Bayo Ojulari disclosed the windfall at an Abuja briefing, attributing the surge to enhanced operational efficiency and naira devaluation effects that pushed total revenue to N45.1 trillion.
The company distributed N4.3 trillion in dividends while earnings per share reached N27.07. Ojulari expressed confidence about hitting ambitious targets of attracting $30 billion in investments and ramping up crude output to 2 million barrels daily by next year, with production potentially closing at 1.7 million barrels this year.
Management is conducting...
Nigeria's central bank has slapped a five-year prohibition on individuals who repeatedly bounce checks, barring them from clearing systems, credit facilities, and opening fresh accounts across financial institutions. Dr. Rita Sike from the Financial Policy and Regulation Department issued the directive, defining serial offenders as those who have dishonored checks due to insufficient funds on three separate occasions.
The new framework imposes steep fines on banks that fail to verify customer status before reporting violations, with commercial lenders facing minimum penalties of N2 million per breach, while microfinance institutions could pay between N100,000 and N1 million, depending on their tier. The apex bank aims to restore...
Lagos State has achieved a remarkable financial milestone by becoming the first subnational entity in Nigeria to generate N1 trillion in annual Internally Generated Revenue, a dramatic leap from the monthly N500 million collected before 2005. Dr Ayodele Subair, Executive Chairman of the Lagos State Internal Revenue Service, attributes this exponential growth to strategic investments in digital infrastructure, automated processes, and robust data governance systems that have revolutionized tax collection across the region.
Speaking at the Chief Information Officer and C-Suite Conference and Awards Africa 2025 in Victoria Island, Subair emphasized that the transformation extends beyond mere automation to encompass accountability and...
Nigeria secured a pivotal export breakthrough as its national quality watchdog won acceptance into the African Accreditation Cooperation framework, a move backed by British trade advisors through bilateral support channels. The milestone positions Nigerian-made goods for barrier-free entry across more than 140 markets when certified through domestic inspection laboratories and verification agencies meeting continental benchmarks.
Hannah Barbosa, leading British trade policy operations for African territories, highlighted partnership investments that helped elevate Nigeria's conformity assessment infrastructure. Director General Celestine Okanya emphasized that manufacturers routing products through nationally accredited testing...
