Organizational development consultant Chizoba Mojekwu has called for companies to center their strategies around people rather than processes or technology during a Nigeria-South Africa Chamber of Commerce session in Lagos, arguing that employees drive innovation and customer satisfaction while technology remains dependent on human action. She warned that interconnected global markets mean non-customers can damage…
Pension Fund Administrators moved closer to allocating capital into gold-backed instruments after regulators and industry participants discussed implementation frameworks for the asset class during a gathering organized by Lagos Commodities and Futures Exchange in partnership with the National Pension Commission on Saturday in Lagos. The September 2025 update to the Investment of Pension Fund Assets…
Ventures Platform has secured $64 million in initial commitments for its second institutional fund, with the firm seeking a final total of $75 million to expand seed-stage financing and catalyze Series A rounds across African technology ventures. The Pan-African Fund II drew backing from the Nigeria Investment in Digital and Creative Enterprises program, International Finance…
Oriental Energy Resources Limited has dispatched the EMEM Floating Production Storage and Offloading Vessel from a Dubai shipyard to Nigeria’s Okwok field, where the facility will begin operations in early 2026 as the country’s first FPSO fully financed and converted by a domestic firm. The unit can handle 40,000 barrels daily and will connect with…
Nigeria aims to expand its role in the worldwide aircraft leasing industry, which analysts expect to reach $315.9 billion by 2033 with annual growth of 7.3 percent. The Federal Government plans to create a national leasing firm that would serve as an intermediary between domestic carriers and international lessors, with Aviation Minister Festus Keyamo stating…
Vitel Wireless has rolled out its telecommunications platform across Nigeria, targeting businesses with a system that merges conventional GSM networks and cloud-based technology to cut costs while boosting team coordination. Executive Chairman Kenneth Nwabueze described the service as designed to address communication expenses and operational challenges faced by enterprises of all sizes, from logistics firms…
Lagos State Agriculture Commissioner Abisola Olusanya announced expanded government funding for technology-focused agricultural ventures following the selection of finalists from over 1,000 business proposals submitted for the 2025 Agrithon competition. Support packages totaling 150 million naira plus corporate contributions will assist entrepreneurs developing digital tools addressing production efficiency and market access challenges across farming operations,…
Insurance provider emPLE signed agreements with ART X Lagos 2025 as a bronze sponsor and sustainability project partner, marking the second consecutive year supporting the international art fair. The financial services firm will supply liability coverage for event operations while sponsoring artist Temitayo Ogunbiyi, whose installation examines community connections through drawing, painting, sculpture and site-specific…
Lagride introduced the Omni service targeting corporate entities, religious institutions and educational facilities through climate-controlled vehicles accommodating six passengers at rates below standard taxi fares. Chairman Diana Chen stated the initiative advances transportation equity, while Acting Managing Director Jubril Arogundade emphasized that direct routing without intermediate passenger pickups distinguishes the platform from conventional minibus operations….
Lagos State extended its building permit amnesty initiative through the end of December after property owners requested additional time to regularize unauthorized construction. Physical Planning and Urban Development Commissioner Oluyinka Olumide announced that Governor Babajide Sanwo-Olu had approved the 61-day window beginning on November 1, marking the third such program during his administration. Participants can…
