The Standards Organisation of Nigeria (SON) has advised consumers to check product certification marks before buying goods to avoid purchasing substandard or counterfeit products. The organisation also announced that it had published a list of products certified under its Mandatory Conformity Assessment Programme (MANCAP) on its official website to help consumers identify approved locally manufactured…
Nigeria’s 774 local government areas received a combined ₦4.3 trillion in net allocations from the Federation Account between January and August 2026, according to data compiled by Nairalytics, the research arm of Nairametrics. The report projects that local government allocations could reach ₦6.5 trillion by the end of 2026, representing a 22.7 per cent increase…
The Niger Delta Development Commission (NDDC) has graduated 30 young people from an advanced fashion and garment design training programme in Port Harcourt, Rivers State. The initiative is part of the commission’s efforts to equip young people with practical skills, encourage entrepreneurship and create employment opportunities across the Niger Delta. Speaking at the graduation ceremony,…
A New York-based artificial intelligence startup, has raised $12 million in funding to automate key processes involved in commercial real estate lending, including loan underwriting, due diligence and loan monitoring. The funding round was led by Cowboy Ventures, with participation from existing investors Timber Grove Ventures, Bling Capital and Max Ventures. CarbonAI develops artificial intelligence…
FCCPC Chief Executive Officer, Tunji Bello confirmed that officials are examining the manner of the exit, particularly whether customers were left with unfulfilled services, pending payments, or other unresolved obligations.
The company discontinued its operations in Nigeria on Wednesday, September 2, 2026, following a review of its “evolving business priorities and investment focus” across Africa.
“So our dream is that we want to make sure we double the capacity of the refinery … which will take us to 1.4 million barrels per day. The IPO will open in the next 10 to 12 days,” he said, adding that the goal is to double the refinery’s capacity from its current capacity.