Business

NIMENA launches Maritime and Energy ECM, calls for United National Innovation Agenda

manage-system-user6 days ago04 mins

NIMENA launches Maritime and Energy ECM, calls for United National Innovation Agenda The Nigerian Institution of Marine Engineers and Naval Architects (NIMENA) has launched the maritime and energy ‘Ecosystem Capability Model’ (ECM) assessment, calling for a coordinated national effort to turn Nigeria’s maritime and energy potential into competitive indigenous technologies, investment opportunities and skilled employment….

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AI: Slow moving global tsunami, threatens jobs – IMF

manage-system-user1 week ago03 mins

By Chris Onuoha The International Monetary Fund (IMF) and the World Bank have warned that artificial intelligence, AI, could worsen the jobs crisis in Nigeria and other developing economies unless governments and businesses take urgent steps to prepare workers and deploy the technology to create employment. IMF Managing Director, Kristalina Georgieva, gave the warning at…

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FG Moves to Curb Truck Congestion at Lekki Port, Pledges Zero Tolerance for Defaulters

Igwebuike3 weeks ago03 mins

By Innocent Adulugba The Federal Government has declared a zero-tolerance policy against truck congestion and environmental degradation around the Ibeju-Lekki corridor, reaffirming its dual commitment to operating safe seaports and maintaining a clean ecosystem. The resolution was reached during a high-level stakeholders’ meeting at the Lekki Deep Seaport in Lagos, convened to address growing concerns…

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Igbo Chinese business dominance conflict prompts civilization role – Faloye

Igwebuike1 month ago1 month ago05 mins

…says the Chinese business dominance conflict, a reflection of colonial interference By Chris Onuoha President of ASHE foundation, Prince Justice Faloye has taken a swipe on the recent protest by Igbo businessmen in Lagos over an alleged Chinese dominance in some businesses in the country. The ASHE president, who is also the National Publicity Secretary…

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US, Nigeria, Kenya, Angola and Senegal sign port modernisation initiative

Igwebuike1 month ago02 mins

United States moves to deepen port modernization with Nigeria and three other African countries By Ifeanyi Onuoha The United States government, through the U.S Trade and Development Agency, USTDA, is set to advance partnerships with Nigeria, Angola, Kenya and Senegal aimed at modernizing the countries port infrastructure and strengthening maritime security across Sub-Saharan Africa. This…

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Evolving Chinese auto sales in Nigeria

Igwebuike3 months ago1 month ago03 mins

Celebrating an icon behind Nigeria’s Chinese Auto revolution on her birthday By Ifeanyi Onuoha Chief Diana Chen is the Chairman of CIG Motors Nigeria. She celebrates her birthday amidst encomium from well wishers, friends and associates, and she is being recognised not only as one of Africa’s most accomplished business leaders but also as the…

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Business

Leadership weakness in Nigerian sports administration

Igwebuike3 months ago3 months ago010 mins

From the pitch to policy: How Amanu Pinnick, other experts expose leadership weakness in Nigeria sports …as experts discuss economic realities in the country. By Chris Onuoha Cowry Asset Management’s Quarterly Economic Discourse (QED) for the second quarter of 2026 kicked off on a positive note, bringing to the fore salient economic discussions that reflected…

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Petrol loading resumes as depot prices climb

Kennedy Emi3 months ago01 mins

Fuel marketers have resumed loading petrol and diesel from private depots after an almost one-week disruption triggered by recent price adjustments in the downstream petroleum sector. The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, told The PUNCH on Tuesday that private depots had resumed selling petroleum products to marketers, dismissing fears…

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