U.S. Trade Agreements Take Priority Over Deadlines as August 1 Tariff Looms
The United States has made it clear that finalizing U.S. trade agreements will not be rushed ahead of the August 1 deadline, when higher tariffs could take effect. The administration is prioritizing the strength and substance of deals over meeting tight timelines, according to Treasury Secretary Scott Bessent. In an interview with CNBC, Bessent emphasized that the Trump administration will...
Nigeria Telecom Licensing Framework Gets Overhaul to Boost Innovation and Startup Growth
The Nigerian Communications Commission (NCC) has unveiled a groundbreaking Nigeria telecom licensing framework aimed at fostering innovation, supporting startups, and expanding opportunities for technology-driven enterprises in the telecom sector. Dr. Aminu Maida, Executive Vice Chairman of the NCC, announced the new regulatory model during a stakeholders’ forum on the Draft General Authorisation Framework held in Abuja. In his speech, delivered...
London Delegation Explores Nigeria Fintech Investment and Innovation Opportunities
A high-profile trade delegation comprising 27 London-based companies specializing in fintech, enterprise technology, and sustainability recently explored investment opportunities in Nigeria during the official visit of the Mayor of London, Sadiq Khan. The trip, supported by London & Partners—the Mayor’s international business growth agency—and the British Deputy High Commission, aimed to deepen UK-Nigeria economic ties and unlock new Nigeria fintech...
Nigerian Startup Funding Challenges Demand Stronger Business Foundations – Expert
At the recent Lagos launch of his new book Beyond Access to Capital: Vital Business Knowledge for Entrepreneurs, Business Managers, and Startup Incubators , renowned business strategist and finance expert Tunde Ogunje urged Nigerian startups and entrepreneurs to focus on building internal structures rather than rushing to secure funding. Ogunje, who has over two decades of experience in finance, capital...
Nigeria Digital Awareness Programme Wins Prestigious 2025 WSIS Prize
Nigeria has earned global recognition in digital innovation after the Nigerian Communications Commission (NCC) won the 2025 World Summit on the Information Society (WSIS) Prize for its impactful Nigeria Digital Awareness Programme (DAP) . The award was presented under Category C3 – Access to Information and Knowledge, highlighting Nigeria’s commitment to bridging the digital divide through education. The DAP emerged...
Nigerian Cybersecurity Entrepreneur Joins Elite Innovate UK Forum
Valeen Oseh-Ovarah, a rising Nigerian cybersecurity entrepreneur, has been selected as one of only 16 women innovators in the United Kingdom to join the inaugural Women in Innovation Community Forum by Innovate UK, the country's national innovation agency. Oseh-Ovarah, originally from Delta State, is the founder of TisOva, the world’s first artificial intelligence-driven platform designed to safeguard students against online...
U.S. Threatens Tariffs as Nigeria Joining BRICS Sparks Trade Tensions
Tensions are rising between the United States and Nigeria following President Donald Trump’s announcement that Nigeria will face an additional 10% tariff due to its recent inclusion in BRICS — a group he claims promotes “anti-American policies.” This development marks a new challenge for Nigeria joining BRICS and US trade relations. President Trump made the statement via his Truth Social...
Nigeria and Netherlands Double Taxation Agreement Renegotiation Begins Amid Tax Reform Rollout
The Federal Inland Revenue Service (FIRS) and the Kingdom of the Netherlands have officially commenced the renegotiation of the Nigeria and Netherlands Double Taxation Agreement. This marks a significant step forward in aligning international tax policies with Nigeria’s newly enacted tax reforms. On Monday, FIRS Executive Chairman Dr. Zacch Adedeji hosted a delegation from the Netherlands led by Ambassador Bengt...
IMF Warns Nigeria’s Poor Lack Protection Amid Economic Reforms
The International Monetary Fund (IMF) has expressed concern over Nigeria's lack of an effective social safety net to protect vulnerable citizens from the ongoing economic reforms. In a recent report, the IMF emphasized that despite some progress in policy adjustments since 2023, millions of Nigerians still face rising poverty and food insecurity without sufficient support systems. In an official statement...
Graduates Celebrated at i-Academy Supplementary Technical Engineering Programme Ceremony in Lagos
The latest cohort of the i-Academy Supplementary Technical Engineering Programme , organized by Heirs Technologies, has successfully completed its training and been celebrated at a graduation ceremony in Lagos. This hands-on initiative continues to shape Africa’s next generation of tech talent through immersive instruction in cloud computing, cybersecurity, and software development. The event took place at the Heirs Technologies training...
