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  • ACCI calls for mechanized farming, digital agriculture to boost Nigeria’s food security
    Business

    ACCI calls for mechanized farming, digital agriculture to boost Nigeria’s food security

    11/11/2025

    Abuja Chambers of Commerce and Industry President Emeka Obegolu has urged Nigerians to adopt mechanized farming methods and digital agricultural technologies to increase productivity beyond current levels. Speaking through Vice President for Agriculture Olasetemi Bode Thompson at the second FARMFATECH expo in Abuja, Obegolu emphasized that automated systems enable expanded production while reducing labor requirements…

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  • Telcos raise concerns over regulatory overlap in digital economy bill
    Business

    Telcos raise concerns over regulatory overlap in digital economy bill

    11/11/2025

    Nigerian telecommunications operators have raised objections to the National Digital Economy and E-Governance Bill 2025, citing concerns about overlapping authority between the Nigerian Communications Commission and the National Information Technology Development Agency. Association of Licensed Telecommunications Operators of Nigeria Chairman Gbenga Adebayo addressed lawmakers during a public hearing in Abuja, recommending that NITDA handle digital…

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  • Lokpobiri warns of energy crisis, urges investment in oil, gas sector
    Business

    Lokpobiri warns of energy crisis, urges investment in oil, gas sector

    11/11/2025

    Nigeria requires annual investments of 700 billion dollars to prevent an energy crisis while fossil fuels remain essential to global supply for decades ahead, Minister of State for Petroleum Resources Heineken Lokpobiri stated during the Nigerian Association of Petroleum Explorationists conference in Lagos. The minister warned that numerous license holders have left fields underdeveloped for…

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  • Thyssenkrupp partners with Dangote Fertiliser on urea units
    Business

    Thyssenkrupp partners with Dangote Fertiliser on urea units

    11/11/2025

    Dangote Fertiliser Limited has secured licensing rights from German technology provider thyssenkrupp Uhde Fertilizer Technology to construct four urea granulation facilities in Lekki using advanced fluid bed processing systems. The installation will increase annual output from approximately 2.65 million metric tons to over 8 million metric tons, with each unit producing 4,235 metric tons daily….

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  • Equinix to invest $22 million in new Lagos data center
    Business

    Equinix to invest $22 million in new Lagos data center

    11/11/2025

    Equinix plans to launch a 22 million dollar data center in Lagos during the first quarter of 2026, representing the initial phase of a 100 million dollar infrastructure expansion across Africa over two years. West Africa Managing Director Wole Abu stated the LG3 facility will enhance access to cloud computing and artificial intelligence technologies while…

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  • FAO praises Oyetola’s efforts to boost Nigeria’s fish production
    Business

    FAO praises Oyetola’s efforts to boost Nigeria’s fish production

    11/11/2025

    The United Nations Food and Agriculture Organization has recognized Marine and Blue Economy Minister Adegboyega Oyetola for advancing efforts to boost Nigerian fish production and promote sustainable growth in the sector. FAO Representative Hussein Gadain visited the minister’s Abuja office to commend the National Policy on Marine and Blue Economy, describing the framework as positioning…

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  • Ibom Power owes N28 billion, struggles with gas supply, vandalism
    Business

    Ibom Power owes N28 billion, struggles with gas supply, vandalism

    11/11/2025

    Ibom Power Company faces a 28 billion naira debt burden that has severely disrupted electricity generation at its facility, Acting Managing Director Camillus Umoh disclosed. The company remains unable to produce power despite having three turbines with a combined 191 megawatt capacity because gas supplier Acugas Savannah has halted deliveries amid widespread liquidity problems affecting…

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  • Lagos sets November 10 deadline for NUPENG on Lekki e-call up compliance
    Business

    Lagos sets November 10 deadline for NUPENG on Lekki e-call up compliance

    11/11/2025

    Lagos State has set a November 10 deadline for the Nigeria Union of Petroleum and Natural Gas Workers to ensure its members comply with the Lekki electronic call-up system following a meeting at the Ministry of Transportation headquarters in Ikeja. Transportation Commissioner Oluwaseun Osiyemi criticized persistent violations of the online booking platform, which he said…

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  • DisCos install 70,888 new meters in August 2025, NERC says
    Business

    DisCos install 70,888 new meters in August 2025, NERC says

    11/11/2025

    Nigeria’s electricity distribution companies added 70,888 meters during August 2025, bringing the total number of metered customers to 6.58 million, according to data released by the Nigerian Electricity Regulatory Commission. The metering rate climbed to 55.01 percent from 54.71 percent the previous month as active customers increased to 11.96 million. Eko led all distributors with…

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  • Lagos signs MoUs with firms on waste-to-wealth projects
    Business

    Lagos signs MoUs with firms on waste-to-wealth projects

    11/11/2025

    Lagos State has formalized agreements with three companies to transform waste management practices during the 11th Lagos International Climate Change Summit held at the Continental Hotel on Victoria Island. Environment and Water Resources Commissioner Tokunbo Wahab announced the partnerships aim to shift from traditional disposal methods toward converting refuse into valuable resources while reducing landfill…

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