NIGERIA / WEST AFRICA

Moove, a Nigerian mobility fintech aiming to democratise access to vehicle ownership in Africa, has secured a $20 million, four-year structured credit investment from the British International Investment (BII), the UK government’s Development Finance Institution (DFI). The investment reflects BII’s focus on mobilising capital to build self-sufficiency and market resilience in Nigeria, ...

The World Travel & Tourism Council (WTTC) has revealed the Travel & Tourism sector in Nigeria is expected to create 2.6 million new jobs over the next decade, doubling the number of those employed within the sector by 2032.  The forecast from WTTC’s Economic Impact Report (EIR) shows an average ...

The Lagos State Internal Revenue Service (LIRS) is currently optimising its payment procedures for utmost efficiency and taxpayers’ convenience. The Executive Chairman of the Lagos State Internal Revenue Service, Mr Ayodele Subair, in a statement issued on Sunday, said the Agency, as part of its digitalization process, is discontinuing all previously used bill references effective ...

A new focus report, produced by Oxford Business Group (OBG), highlights the opportunities for investors to contribute to the development of Nigeria’s health sector by bridging funding shortfalls for planned infrastructure projects and supporting other segments with high growth potential. Titled “Nigeria Health”, the report provides in-depth analysis of both ...

The Director-General of the Standards Organisation of Nigeria (SON), Mallam Farouk Salim,  has reiterated the organisation’s support for local manufacturers and made-in-Nigeria goods in playing critical roles in providing long-term solutions to the nation’s security and economic woes. The SON helmsman asserted this during a whistle-stop working visit to four ...

Weststar Associates Limited, Authorized General Distributor of Mercedes-Benz in Nigeria, Tuesday in Lagos, restated its commitment to its authorised Mercedes-Benz dealerships in Nigeria, saying it is fully committed to its authorised dealers in the country. “Weststar Associates Limited, Authorized General Distributor of Mercedes-Benz in Nigeria,  has been the home of ...

The MD/CEO of Heritage Bank Plc, Ifie Sekibo and other notable Nigerians have affirmed that the apt way to boost economic prosperity and peace in the country is to start addressing leadership challenges and insecurity.  Sekibo and other notable Nigerians like the Presidential aspirant of Labour Party, Peter Obi, Pastor Ituah Ighodalo, Prof. ...

The Standards Organisation of Nigeria (SON) has distanced itself from publications purportedly blaming the Nigeria Customs Service (NCS) for the influx of substandard products in the country, saying its Director-General, Mallam Farouk Salim, was misquoted by the said publications   SON, in a statement signed by its Director, Public Relations, Mr. ...

Coscharis Motors, Nigeria’s leading automobile company, Thursday, June 23,  in Lagos, revealed to the media the All New Range Rover, which is the latest and one of the most desirable Range Rover ever created by Land Rover. The event, which held at the Coscharis Group Corporate headquarters in Lekki, Lagos, was ...

Heritage Bank has won the  2022 Lagos  State Environmental Sustainability Award for its  contribution and support towards Environmental Sustainability, especially, in Lagos. The bank joined other corporate organisations and schools within the State, awarded for their efforts towards protecting nature and limiting the impact of climate change on Earth. The Award was given ...