Business & Economy

​Organised by the Lagos Chamber of Commerce and Industry (LCCI), the 40th edition of West Africa’s premier commercial hub is taking place from November 6 to November 15, 2026, at the iconic Tafawa Balewa Square (TBS), Onikan, Lagos. The fair opens daily

The African Export-Import Bank (Afreximbank) has set its sights on securing creative industry commercial deals exceeding $540 million during the ongoing Creative Africa Nexus Weekend (CANEX WKND) 2026 in Lagos, expanding structured financing across African music, film, fashion, visual arts, and performance

Commercial and merchant banks in Nigeria sharply reduced their deposits with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility (SDF) by 87 per cent month-on-month to N1.22 trillion in October 2026, down from N9.4 trillion recorded in September 2026.

Prof. Benedict Oramah, the immediate past President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), has called on African countries to abandon the wholesale adoption of foreign economic models and develop tailor-made, home-grown solutions to achieve true

Mr Christophe Lecourtier, Chief Executive Officer of Agence Française de Développement (AFD) Group, has said the agency seeks to strengthen France’s cooperation with Nigeria to promote growth and advance shared interests. This is contained in a statement released on Wednesday by Ms

President of Namibia, Dr. Netumbo Nandi-Ndaitwah, has officially launched the $2.5 billion Dangote Namibia Tank Farm and Regional Pipeline Project. Speaking on Wednesday, November 4, 2026, at Farm 58 in Walvis Bay during the landmark unveiling ceremony, President Nandi-Ndaitwah declared the mega-infrastructure

​Federal Government policies and structural port reforms have boosted Nigeria’s export volume by 25 per cent over the past two years. The announcement was made by Dr. Abubakar Dantsoho, Managing Director of the Nigerian Ports Authority (NPA), on Tuesday, November 3, 2026,

The Independent Media and Policy Initiative (IMPI) has stated that the planned expansion of global financial institution JPMorgan Chase into Nigeria’s merchant banking sector represents a structural shift that could attract fresh foreign investments, improve corporate financing, and solidify the nation’s integration

The Federal Government has fully disbursed the N75 billion Manufacturing Sector Fund to 104 manufacturing enterprises across the country, alongside N65.8 billion allocated to 15,018 micro, small, and medium enterprises (MSMEs) under the Presidential MSME Intervention Scheme. ​The dual intervention, totaling N140.8

Personal loans taken by Nigerians rose by an estimated N58.5bn in the second quarter of 2026 to reach N1.99tn at the end of June, as households increasingly relied on debt to manage persistent cost-of-living pressures and high interest rates. ​ The financial