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The United Kingdom Trade Envoy to Nigeria, Florence Eshalomi MP, has concluded a successful four-day visit to Nigeria, reinforcing the UK’s commitment to deepening bilateral trade and investment relations. The visit marked a significant step forward in the UK-Nigeria Enhanced Trade and Investment Partnership (ETIP), with a focus on unlocking new opportunities across fintech, manufacturing…
The rationale behind the pulling down of the historic Awolowo House, a multi-story building, in Ikeja, Lagos, that has been a symbol of innovation since 1978 has been explained. The iconic building, which is managed by Wemabod, a subsidiary of Odu’a Investment Company Limited, owned by the six South West states of Lagos, Ogun, Osun,…
The Nigeria Customs Service (NCS) has proposed sweeping increases to licensing and bond fees for clearing agents, bonded warehouses, and ship chandlers—a move that industry insiders warn could undermine ₦3.5 trillion in indigenous bonded-terminal investments and put 14,000 jobs at risk. In Lagos and Ogun states, roughly 40 bonded terminals, each employing an average of…