A West African maritime organization has opened discussions with Singaporean port authorities to enhance harbor operations and environmental performance across member nations. The Maritime Organisation of West and Central Africa initiated the partnership during a Singapore meeting between Secretary General Paul Adalikwu and Maritime and Port Authority Chief Executive Ang Wee Keong.
Adalikwu requested technical assistance covering workforce training, facility improvements and shipping digitalization. He advocated for unified documentation systems that would streamline customs processes at regional ports. The Secretary General highlighted targets to cut vessel pollution by at least 20 percent before 2030 while working toward zero...
The company managing operations at Murtala Muhammed Airport Terminal Two reaffirmed its focus on protecting travelers and their property during a transportation conference held in Lagos. Acting Chief Operating Officer Remi Jibodu outlined advanced monitoring systems deployed throughout the facility while addressing participants at the gathering.
Jibodu described passenger well-being as the highest priority for the terminal and noted that establishing trust requires maintaining secure conditions. He cited examples where surveillance footage helped locate items left behind by travelers, with all requests resulting in successful recoveries. The terminal maintains continuous video monitoring alongside trained personnel and partnerships...
A Nigerian financial institution distributed awards worth more than 4.5 million naira to five educators during a ceremony recognizing their contributions to student development. Wema Bank hosted the event at its Marina headquarters in Lagos as part of its 2025 campaign honoring instructors who have influenced multiple generations.
Abraham Ngobiri received 2 million naira for his work through Teens-Train, while Esther Babasola Adesada earned 1.5 million naira for establishing Heritage X Foundation. Taiwo Alabi collected 1 million naira for creating Educycle. Managing Director Moruf Oseni stated that instructors represent unrecognized champions behind every significant accomplishment and their commitment to developing minds strengthens...
A Nigerian financial institution licensed by the central bank has provided more than 30 billion naira through equipment leasing arrangements to companies operating across the country. LECON Finance Company Limited announced the milestone while highlighting its contribution to expanding access to productive assets for enterprises in multiple economic sectors.
The firm has backed over 2,000 initiatives since beginning operations, with financing flowing toward agriculture, medical facilities, transportation networks, manufacturing plants, schools, construction firms and clean energy ventures. More than 230 projects received support during the past five years alone, allowing organizations to obtain machinery and equipment that boost output...
Nigerian government debt instruments experienced price declines on Tuesday following remarks by President Donald Trump suggesting potential military intervention in the African nation over religious violence concerns. The selloff remained modest as experienced market participants anticipated limited lasting effects.
Bonds with extended maturity dates showed the steepest drops. The 2051 security decreased approximately 0.5 cents before recovering partially to trade near 92 cents per dollar. Other developing market debt showed stable pricing during the same period. Trump stated on Sunday that American forces might enter Nigeria through troop deployment or aerial bombardment to halt what he characterized as widespread Christian deaths...
Nigeria's customs operations at Apapa port collected 2.4 trillion naira from January through October 2025, exceeding the previous year's full annual total with two months remaining. The command set another milestone during October by bringing in 304 billion naira within a single month, establishing a record for any customs location across the service.
Comptroller Emmanuel Oshoba credited staff commitment and modernization efforts for driving the financial performance. The facility plans to launch drive-through scanning technology that can process roughly 150 containers each hour straight from dockside areas. Officials describe this advancement as transformative for port activity throughout West Africa since it will cut down clearance...
Chevron has established operations in Guinea-Bissau waters through a subsidiary that will develop two offshore exploration sites in the MSGBC Basin. The American energy giant acquired working stakes of 90 percent in both Block 5B under the Carapau Exploration License and Block 6B under the Peixe Espada Exploration License. Guinea-Bissau state petroleum company Petroguin maintains the balance of 10 percent equity in each concession.
Laura Hurst from Chevron media relations confirmed that authorities granted all necessary permissions for the deal. The move expands the corporation's footprint within a geological formation stretching across Mauritania, Senegal, The Gambia, Guinea-Bissau and Guinea-Conakry. Liz Schwarze, who serves as...
Nigeria will host the 14th Practical Nigerian Content Forum during early December in Yenagoa, the capital of Bayelsa State. The gathering runs from Dec. 1 through Dec. 4, 2025 and carries the theme of investment security to bolster domestic participation while increasing energy sector output.
Participants will include government officials from across the region, international investors, regulatory authorities and local industry operators. Discussions will center on methods for replicating successful domestic participation programs and building capabilities in multiple economic sectors. The forum agenda addresses financing access for Nigerian-owned enterprises, supplier network expansion and accelerated knowledge transfer in technical...
Africa Law Practice International has expanded its reach across the continent by adding an Abidjan-based firm as its tenth member organization. Effi & Associés joined the pan-African legal network during a ceremony held at the firm's Ivorian offices, marking a significant step in ALPi's growth strategy within Francophone West Africa.
The addition establishes ALPi's presence in Côte d'Ivoire while expanding the network's footprint to ten countries. Member firms operate across Nigeria, Ghana, Kenya, Tanzania, Uganda, Rwanda, South Sudan, Namibia, and Mauritius. This geographic diversity positions ALPi as one of the continent's most extensive legal networks aligned with the African Continental Free Trade Area objectives.
Olasupo Shasore...
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