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Bangladeshi officials told foreign diplomats their embassies in Dhaka will be safe during the upcoming national election and referendum. The Foreign Ministry gave this briefing at the Padma state guesthouse. Foreign Secretary Asad Alam Siam ran the meeting for about 40 diplomats based in the...

Cops in Dhaka shut down a protest march headed for the Indian High Commission in Gulshan. The group, July Oikya, organized the demonstration. They started moving from Rampura Bridge in the afternoon. Their main demand was for India to send back Bangladesh's PM Sheikh Hasina. They also wanted...

Lagos handed out cash and food to its retired workers at an event in Ikeja. The Head of Service, Bode Agoro, said the gesture shows the state remembers their service. He stated that Governor Sanwo-Olu prioritizes welfare for both current and former staff. Multiple pensioners at the NECA...

International Energy Insurance is having a virtual shareholder meeting at the end of the year. The main topic is a plan to raise up to 17.5 billion naira. This cash is needed to meet the new capital rules under the recent insurance reform act. A key part of the proposal involves converting an...

Lasaco Assurance got the green light from its shareholders to boost its capital. The insurer is aiming for a thirty-six billion naira level. This move beats the upcoming regulatory deadline for composite firms, which is set at twenty-five billion. The chairperson, Teju Philips, ran the meeting...

First HoldCo sold off its merchant bank. The parent company dumped FBNQuest Merchant Bank to the EverQuest Group. The move is about shifting money and focus, according to the board. The cash from the sale will bulk up the main subsidiary, FirstBank. They also plan to spend on tech stuff for...

APM Terminals cut a deal with a local barge company to grow operations around Apapa port. The exclusive lease with Barging Marine Solutions aims to boost capacity and offer better land and water connections. APM's CEO, Keith Svendsen, said the Nigerian market is expanding, and they want to...

Nigerian seaports saw a massive jump in exports last quarter. The Port Authority reported export container numbers exploding by over a thousand percent. Total cargo handled hit 33.52 million metric tons, a solid increase from the previous year. The data shows a huge rebalance in container...

The government says it's throwing major money at farming to boost the economy. The agriculture minister, Abubakar Kyari, laid out the plan at a ministry retreat in Abuja. The focus is on big investments in equipment, irrigation, and processing plants. They are making deals with foreign tractor...

The national debt office warned state governments to follow the law when taking loans. The DMO director general, Patience Oniha, spoke at a training session in Abuja for state officials. She said borrowing outside the legal framework risks their financial health. Oniha explained that the...

Government officials toured a massive sugar factory being built by BUA Foods in Kwara State. The Minister of State for Industry, John Owan Enoh, and the head of the Sugar Development Council, Kamar Bakrin, inspected the Lafiagi facility. BUA's chairman, Abdul Samad Rabiu, is backing the project...

A House committee ordered the Central Bank to finish reconciling its books with finance officials. The Public Accounts Committee chairman, Bamidele Salam, set a deadline of January 19th. This follows a House resolution that summoned the CBN governor after he missed several invitations. The...

The Central Bank governor made a play for foreign money, telling investors Nigeria is a serious place for business. Olayemi Cardoso spoke at a roundtable in Washington, D.C., hosted by the U.S. Chamber of Commerce. He argued the country is sticking to strict economic rules and clear policies...

The National Pension Commission paid out over 577 billion naira to retirees and contributors. Their director general, Omolola Oloworaran, announced this at a summit, crediting a 758 billion naira federal government bailout for old pension debts. That money, raised from bonds, covered things like...

Schneider Electric says it's still pushing the UN's development goals in Nigeria, focusing on education and jobs. Their country president for West Africa, Ajibola Akindele, said this while opening a new testing center at the Federal Polytechnic of Oil and Gas on Bonny Island in Rivers State. The...

Experts at an estate surveyors' conference in Lagos said public-private partnerships need ethics above all else to work. The event was run by the Nigerian Institution of Estate Surveyors and Valuers. A speaker named Dr. Samson Agbator argued that these projects fail without transparent...

Two guys launched a mobile app to fight real estate fraud in Nigeria. The app is called Ist Choice Property, made by Taiwo Joel Oladapo and Gbenga Agbana. They introduced it at an event in Lagos. This is apparently the first tool of its kind in Nigeria and West Africa. The CEO, Oladapo, said...

A businessman named Niyi John Olajide told African leaders they need to fix their economic policies. He leads Cavista Holdings and the Corporate Council on Africa. He spoke at a big ceremony hosted by the Ooni of Ife, where Ghana's President John Mahama got a chieftaincy title. Other heavy...

An online school called the Open Institute of Technology, or OPIT, is trying to cash in on Africa's need for tech skills. They are a fully accredited European Union institution. Their big sell is a flexible Bachelor's degree in Computer Science starting next January. They are aiming at...

Yango Tech, a B2B tech firm, is locking down deals with ten new international partners. They are specifically naming ROOTS, a food and retail company, and Grand Hypermarkets as two of those partners. Their automation tech for online grocery is going into nearly a hundred Grand Hypermarket stores...