The Lagos Commodities and Futures Exchange (LCFE) has concluded plans to list more than ₦21 billion worth of gold bars produced by Kian Smith FZE, a move aimed at expanding investable asset classes and deepening Nigeria’s commodities and capital markets. The listing will feature 1kg London Bullion Market Association (LBMA)-certified gold bars, internationally recognised for

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The European Union (EU) and the Nigerian Economic Summit Group (NESG) have unveiled new policy frameworks aimed at revitalizing agriculture, boosting farmers’ incomes, and strengthening food security, signaling a decisive shift toward more interventionist strategies to protect the sector from global volatility. In Europe, the initiative follows an extraordinary meeting of EU Agriculture Ministers on

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Nigeria has expressed readiness to strengthen economic partnerships with Spain, emphasizing the country as a strategic partner and gateway between Africa and Europe. Foreign Affairs Minister Yusuf Tuggar, leading Nigeria’s delegation, engaged with CEOE, Spain’s top business confederation, highlighting opportunities across energy and gas, agriculture, infrastructure, industrial development, technology, fintech, and BPO services. Tuggar assured

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), led by Chief Executive Engr. Saidu Aliyu Mohammed, paid a courtesy visit to the Nigerian Electricity Regulatory Commission (NERC) to strengthen institutional collaboration between the two regulators. According to NERC’s official X handle, the discussions focused on enhancing synergy between the power and gas sectors to

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The Federal Government, through the Nigerian Ports Authority (NPA), continues to drive economic growth via trade facilitation, infrastructure development, and operational efficiency. A $60 million investment in green port initiatives by the administration of President Bola Tinubu is set to modernize NPA operations, with a strong focus on boosting local content development. Recent data from

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Operators in Nigeria’s manufacturing sector have raised alarms over the country’s persistently high lending rate of 36.6 per cent, which they describe as “restrictive” and detrimental to industrial growth. According to the Manufacturers Association of Nigeria (MAN), access to credit for manufacturers fell to ₦7.72 trillion as of March 2025, down from ₦8.53 trillion in

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The Edo State chapter of the Nigerian Institute of Public Relations (NIPR) has called on Governor Monday Okpebholo to sustain security measures, strengthen governance, and promote inclusive development throughout 2026. In a 2026 message addressed to the Edo State Government, NIPR members, and stakeholders, Dr. James-Wisdom Abhulimen, State Chairman of NIPR, emphasized that security remains

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Tens of residents of Oloka village in Oriire Local Government Area, Oyo State, have abandoned their homes following the fatal attack on five forest rangers at the Old Oyo National Park. The incident occurred late Tuesday night when suspected gunmen opened fire on the rangers, killing all five on duty. The park is situated within

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Two tankers transporting Premium Motor Spirit (PMS) fell at separate locations in Ibadan, Oyo State, within a span of 24 hours, authorities confirmed. The first incident occurred Wednesday evening along the Lagos-Ibadan Expressway, near Methodist. The tanker, with registration number A143XA (Osun), was carrying 33,000 litres of PMS when it lost control, veered into a

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The Abia State Police Command has successfully rescued a four-year-old boy, identified as Jeremiah Emmanuel Gimba, who is believed to be from Nasarawa State. DSP Maureen Chinaka, the command’s spokesperson, described the child as “dark-complexioned” and without tribal marks. The boy is currently in the care of the Gender Section of the Abia State Criminal

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