Nigeria and Brazil Revive Bilateral Air Service Agreement to Boost Connectivity
The Federal Government of Nigeria and the Federative Republic of Brazil have rekindled their Bilateral Air Service Agreement (BASA) , which had been stalled for years due to bureaucratic bottlenecks. This renewed commitment was announced through a statement by Tunde Moshood , media aide to Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo , on Wednesday. To expedite the...
Nigeria Launches First-of-Its-Kind Data Protection Virtual Academy to Boost Digital Security
The Nigeria Data Protection Commission (NDPC) has officially launched the Data Protection Virtual Academy , a groundbreaking initiative aimed at promoting digital security across both public and private sectors. The unveiling took place during the opening ceremony of the 8th Edition of the Network of African Data Protection Authorities (NADPA) Conference in Abuja on Tuesday. Minister of Communications, Innovation, and...
Nigerian CEOs Battle Inflation and Volatility but Remain Optimistic on Growth, PwC Survey Reveals
Nigerian Chief Executive Officers are navigating significant challenges posed by inflation and macroeconomic volatility , according to the 28th Annual Global CEO Survey conducted by PwC . The survey, which gathered insights from 4,701 CEOs worldwide , including Nigeria, shows that 58% of Nigerian CEOs cite inflation as a major concern, while 39% are worried about macroeconomic instability. Despite these...
Unity Bank Launches GenFi: A Digital Platform to Boost Financial Literacy Among Nigerian Youth
In a bold move to promote financial literacy among Nigeria’s youth, Unity Bank Plc has unveiled GenFi , a cutting-edge digital banking platform tailored for children and teenagers aged 8 to 18 . The launch responds to a concerning report by the Central Bank of Nigeria (CBN) , which revealed that only 38% of Nigerian adults are financially literate. At...
NDPC Seeks Dialogue with Meta Amid $290m Fine Threat, Calls for Collaborative Solutions
The Nigeria Data Protection Commission (NDPC) has reiterated its commitment to resolving the ongoing data breach dispute with Meta Platforms Inc. , parent company of Facebook and Instagram , through dialogue and collaboration. This follows concerns raised by advocacy group Techsocietal , which warned that a potential withdrawal of Meta’s platforms from Nigeria could jeopardize digital access for millions,...
West Africa to Chart Industrial Growth Amid Global Trade Shifts at 2025 Summit
Trade experts are set to tackle West Africa’s industrial and manufacturing development as protectionist trade measures disrupt global supply chains and prompt shifts in economic alliances. These discussions will take center stage at the West Africa Industrialisation, Manufacturing, and Trade (IMT) Summit and Exhibition 2025 , scheduled to hold in Lagos this October. According to the organisers, the summit comes...
Naira Under Pressure as Oil Prices Drop Amid US-China Trade Tensions
The global oil market experienced heightened volatility in April, driven by escalating trade tensions between the United States and China , which led to a significant drop in crude oil prices. This downturn has further strained Nigeria’s naira , which is already grappling with capital outflows and inflationary pressures. Although US President Donald Trump’s “liberation day” tariff policy excluded oil,...
Nigeria to Pilot Green Mortgage Scheme with German Development Cooperation
The Federal Ministry of Housing and Urban Development is set to collaborate with the German Development Cooperation (GIZ) to pilot a Green Mortgage Scheme in Nigeria. This was disclosed by the Minister of Housing, Ahmed Dangiwa , during a recent meeting with GIZ officials in Abuja. Dangiwa revealed plans to adapt a similar green mortgage model within the Federal Mortgage...
FIRS Launches Gender Desk to Drive Inclusive Tax Governance in Nigeria
The Federal Inland Revenue Service (FIRS) has committed to embedding gender-responsive planning, budgeting, and data reporting across its operations to enhance inclusive governance in Nigeria’s tax system. This pledge was made during the official launch of the FIRS Gender Desk and Women Network on Tuesday in Abuja. Speaking at the event, Dr. Zacch Adedeji , Executive Chairman of FIRS, represented...
NECA Set to Host 2025 MSME Fair: Empowering Small Businesses for Economic Growth
The Nigeria Employers’ Consultative Association (NECA) has unveiled plans for the 2025 edition of its flagship MSMEs Fair , designed to strengthen small businesses and foster a more supportive regulatory environment. Themed “Galvanising MSMEs for Economic Growth and Stability,” the event will take place on May 6, 2025 , at NECA House in Lagos . The fair aims to equip...
