Lagos’ plan to become a leading financial hub in Africa has entered a new phase following the inauguration of the National Steering Committee for the Lagos International Financial Centre (LIFC). The development brings the Federal Government, Lagos State and private-sector…
By Peter Emmanuel | Uber has announced plans to end its operations in Nigeria after 12 years, bringing its ride-hailing services in the country to an end from September 2, 2026. The global ride-hailing company, which launched in Lagos in…
By: Peter Emmanuel | The Federal Competition and Consumer Protection Commission (FCCPC) has ordered manufacturers, importers, distributors and retailers to withdraw consumer goods with incomplete, misleading or deceptive labels from the Nigerian market. The Commission issued the directive in a…
Lagos State Governor Babajide Sanwo-Olu has commissioned the Mid-Level Agro-Produce Hub in Agege, saying the facility is part of efforts to reduce food prices, cut post-harvest losses and create jobs across the state. The governor commissioned the 7,000-square-metre Lagos Fresh…
By Esther Olaoluwa | The Nigeria Deposit Insurance Corporation (NDIC) has begun paying depositors of 46 microfinance banks whose operating licences were recently revoked by the Central Bank of Nigeria (CBN). The NDIC Managing Director and Chief Executive Officer, Oludare…
By Esther Olaoluwa | First City Monument Bank (FCMB) has committed ₦20 billion to financing private healthcare businesses in Nigeria as part of efforts to expand access to long-term capital and strengthen healthcare delivery across the country. The bank announced…
QEDNG Creative Powerhouse Summit 2.0 has secured support from major public and private sector institutions, including the Lagos State Government, FirstBank, Zenith Bank and Nigeria LNG Limited (NLNG), ahead of the second edition of the event. The summit, organised by…
By Esther Olaoluwa | The Lagos State Government has empowered 3,792 residents with business tools and financial support under the 2026 Micro Enterprise Support Initiative (MESI), as part of efforts to strengthen small businesses, improve livelihoods and promote economic inclusion…
By Esther Olaoluwa | The Lagos State Government has empowered Persons with Disabilities (PWDs) through a business development programme aimed at promoting economic independence, business formalisation and sustainable entrepreneurship across the state. The initiative, implemented by the Lagos State Office…
By Michael Omotosho | At the Delta State Economic and Investment Summit, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has urged state leaders to turn local resources into active economic powerhouses through strategic leadership and…
