Governor Eno Revives Ibom Paint Manufacturing Company

Governor Umo Eno of Akwa Ibom State has revamped Ibom Paint, located in Etinan Local Government Area, formerly known as Peacock Paints. Governor Eno directed all those handling state government projects to patronize Ibom Paint, assuring that his administration will continue partnering with Akwa Ibom Investment Corporation (AKICORP), to ensure all state-owned enterprises function optimally….

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Ghana Cedis Comeback: Lessons for Naira

The Ghanaian cedi recently experienced a significant GHS16 to GHS10 appreciation against the US dollar. Bloomberg reported that the cedi has appreciated nearly 16 percent against the US dollar since the start of April 2025. This marks a remarkable turnaround from its previous status as one of the worst-performing currencies in Sub-Saharan Africa in 2024….

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NCC Stops Banks’ Withdrawal of Telecoms USSD Charges

The Nigerian Communications Commission (NCC) has announced an important change on the deduction of charges for Unstructured Supplementary Service Data (USSD) transactions. Starting Tuesday, June 3, 2025, Deposit Money Banks (DMBs) will no longer be allowed to deduct these fees directly from customers’ bank accounts. Instead, the charges will be deducted from users’ mobile airtime…

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FG signs $7.5m deal with Bill Gates Foundation to establish AI scaling hub

•President Bola Tinubu, and Bill Gates (BusinessDay) : The Federal Government of Nigeria has signed an agreement with the Bill Gates Foundation to establish an artificial intelligence (AI) Scaling Hub. The foundation will donate about $7.5 million in funding, and provide expertise, according to Bosun Tijani, minister of communications, innovation and digital economy, on his…

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How Unitellas is Powering Nigeria’s Digital Future Through Edge Cloud Innovation – MD/CEO, Smith Osemeke

Mr Smith Osemeke is the MD/CEO of Unitellas Edge Cloud, one of the top ten cloud services providers in Africa, and currently a member of the National Information Development Technology Agency ( NITDA) Technical Working Group that was selected to review Nigeria’s cloud policy and come up with recommendations that will drive Nigeria’s Sovereign Cloud…

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Benin Republic Emerges West Africa’s Textile Hub courtesy of UAE-based Arise IIP

Benin Republic has emerged as the textile hub in West Africa.The Republic of Benin has quietly emerged as a hub for sourcing textiles for international and regional markets in West Africa. The Glo Djibe Industrial Zone (GDIZ), situated 45km from Cotonou, has aided Benin Republic’s emergence as the focal point for ultra-modern textile facilities where…

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The Solution to Lagos Plastic Waste Ban – Ajayi-Kadir

• Inside Innoplas factory during the visit “The solution to Lagos’ plastic waste challenge is not the blunt force of outright ban,” but the deliberate design of integrated waste collection systems, investment in recycling infrastructure, and circular partnerships between government and industry.” The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, commented when…

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