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Lagos governor Babajide Sanwo-Olu showed up at the Nigeria-South Africa Chamber of Commerce's 25th anniversary and dropped some news about the state hosting the Intra-Africa Trade Fair in 2027. He talked about how the chamber has been connecting businesses between the two countries for decades...

The aviation minister wants African countries to team up with plane makers and leasing companies to fix their ancient fleets because the current financing setup makes it impossible for airlines to stay competitive. Festus Keyamo said the continent needs deals that spread out risk and use local...

K-Impex Airline just locked down four Embraer E190 planes that can fit 98 people with eight business class seats up front. The managing director said they bought the jets outright instead of leasing them to avoid throwing cash away, and they picked this model because it handles domestic and...

The ex-tax boss gave props to the Chartered Institute of Taxation for basically carrying Lagos State when he ran their revenue service back in the day. Tunde Fowler said the guy they were memorializing had crazy foresight about collecting taxes when nobody else in the country cared about that...

The power company said bumping up generation output makes zero sense right now because the grid can't even handle what they're already producing. Niger Delta Power Holding is sitting on stranded capacity while the government owes them hundreds of billions for electricity that's been delivered...

Nigerian phone shipments absolutely popped off with a 29 percent jump after the naira stopped tanking and making everything expensive. The country basically carried Africa out of a five-quarter slump by flooding the market with cheap handsets under a hundred bucks, and the budget segment shot up...

The Central Bank switched up how much it pays banks for parking cash instead of lending it out, and the new rate structure basically punishes lenders who hoard deposits. Banks used to get 250 basis points above or below the benchmark interest rate, but the central bank just widened that gap to...

The oil and gas content board teamed up with the export bank to drop $42 million on local small businesses, beating their original $30 million target by a mile. The cash injection is meant to beef up Nigerian companies so they can actually compete in the energy game, and the whole thing ties...

Chevron just locked down a 40 percent stake in two offshore oil blocks from TotalEnergies, and both companies are basically teaming up to hunt for crude in Nigerian waters. The deal covers about 2,000 square kilometers in the West Delta basin, with TotalEnergies keeping the operator role at 40...

SAHCO is going full tilt trying to turn itself into some aviation mega-hub by jumping into e-commerce logistics, helicopter ops, training academies, and cargo packaging. The managing director said they grabbed a bunch of land at Lagos Airport for warehouses and a hotel, and they want to push...

Unilever Nigeria brought Uchenna Nwakanma onto the board as an executive director after he spent over two decades grinding through the consumer goods sector. The guy ran research and development teams at PZ Cussons and Reckitt Benckiser at different points, working on everything from home care...

Majeurs Holdings just scored their MANCAP certification from the Standards Organisation of Nigeria, which basically means their furniture passed all the quality checks. The company's CEO said this whole thing proves they've been serious about using good materials and keeping their production...

234Finance locked down some serious banking muscle for their Mentor Matchup Challenge 7.0 event, getting Zenith Bank to anchor the whole thing with Providus Bank, VFD Group, Fidelity Bank, and Access Bank jumping on board. The platform is pushing this continental free trade agenda by connecting...

Dangote Refinery is cranking out 50 million liters of gas per day through the holidays to make sure nobody gets stranded at the pump. Aliko Dangote said they're sitting on decent stockpiles and pumping out 40 to 45 million liters daily, and they want regulators to swing by and verify the numbers...

House Speaker Tajudeen Abbas rolled through Zaria and basically told the old Congress for Progressive Change crew they need to get their act together for the 2027 presidential run. He was there launching a Tinubu support group for Northern Kaduna, and he kept hyping up how the former CPC people...

Wole Soyinka dropped by his old school and told the government they need to lock down campus security because kids are getting snatched left and right. The Nobel Prize winner said this whole mess has gotten bad enough that security awareness should become an actual class students take, and he...

OPEC locked Nigeria into the same 1.5 million barrels per day production cap through the end of 2026, basically keeping things frozen for another two years. The oil cartel made the call at their ministerial meetup and said they'll keep monitoring market conditions through their joint committee...

Nigeria's airline scene is about to get pretty chaotic as three new carriers are jumping in right before the holidays. Binani Airlines is kicking things off this week and apparently their flights are already sold out on the website. The other two startups are Pioneer Airlines, backed by Bayelsa...

Nigeria's 5G rollout has been kind of a flop despite all the buzz, with only three percent of internet users actually on it. The Nigerian Communications Commission says most people are still stuck on 4G and 2G networks, and globally, the situation isn't much better for poorer nations, where just...

Saudi Arabia wants to team up with Nigerian and African startups to pump up food production and drive innovation across the region. Abdulaziz Alsaif, who serves as Vice Chairman at Entrepreneurship Vision, said the Kingdom is opening doors for African founders who need venture capital to break...