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Finwerd, West Africa's biggest flavour maker, is offering a two‑year traineeship that will train young talent from ECOWAS nations in beverage application technology, with placements in Lagos and the company's Dutch headquarters. Each trainee slot is valued at more than US$150,000.
Nigeria will stage the Intra‑African Trade Fair in 2027, preceded by the Creative Africa Nexus (CANEX) weekend in November 2026. Afreximbank officials say the events aim to turn Africa's creative talent into profitable businesses through investment, IP protection and market linkages.
Dangote Petroleum Refinery & Petrochemicals says its IPO has drawn subscriptions from more than 90 countries, including investors in 51 of Africa's 54 states. The offering broke Nigerian market records on day one and set a new African benchmark within ten days.
The Lagos Chamber of Commerce and Industry says that despite banking reforms, high financing costs are preventing manufacturers and small firms from expanding. It urges monetary authorities and banks to improve credit access for the real sector and warns that rising public debt could worsen the situation.
Long‑standing Union Bank clients describe their accounts as inherited traditions, while the National Advertising Conference 2026 has announced TGI Group, Interswitch and Nestlé Nigeria as fresh partners for the event.
Governor Babajide Sanwo‑Olu praised the Chartered Institute of Personnel Management for its role in advancing workforce development, receiving the institute’s delegation at the State House, Marina, and was honoured as a Fellow during CIPM’s 58th International Conference.
The Federal Government, via Minister Ekperikpe Ekpo, has instructed a rapid expansion of compressed natural gas as a cheaper transport fuel and set a goal of deploying one million CNG‑powered vehicles across Nigeria.
Ekiti State Governor Biodun Oyebanji said his second‑term agenda will focus on industrialisation, small‑business support and productivity, with projects ranging from agro‑processing hubs to affordable CNG‑powered transport and a round‑the‑clock airport.
Speaking at the 2026 World Bank/IMF Annual Meetings in Bangkok, Nigeria’s Minister of Budget and Economic Planning, Senator Abubakar Bagudu, said the country’s economic reforms are beginning to bear fruit. He praised President Bola Tinubu’s resolve and urged tighter fiscal‑monetary coordination to sustain growth.
Former finance minister and WTO chief Ngozi Okonjo‑Iweala revealed that her mother was abducted in December 2012 after she uncovered a $2.4 billion fuel subsidy scam. The kidnappers demanded her resignation and exile, but the ordeal ended after five days.
The Association of Mobile Phones and Allied Products Traders of Nigeria (AMPAT) has asked the government to suspend the newly imposed fees on imported mobile phones for 90 days, warning that the charges could force retailers to shut and jeopardise millions of livelihoods.
The piece argues that marketers should highlight the end benefit customers seek rather than the technical attributes of a product. Emphasising transformation, proof and real‑world outcomes drives higher engagement and conversion, especially in B2C contexts.
The Lagos State Lotteries and Gaming Authority has ordered telecom operators and value‑added service providers to verify licences of all betting platforms on their networks and to suspend any that lack a Lagos betting licence by mid‑November 2026.
Nigeria's Finance Minister Taiwo Oyedele told the World Bank and IMF meetings in Bangkok that both international investors and local markets consider opposition politicians urging a return to the subsidy regime as unserious and have not factored such a move into price forecasts.
LPG retail prices in Abuja have been reported between N1,300 and N1,700 per kg, with some stations offering lower rates and others higher. The fluctuation follows global energy price movements, according to a spokesperson for NIPCO, and follows a recent surge in LPG imports.
Nigeria’s finance minister said investors are pricing in President Bola Tinubu’s second term and expect continuity of the current reform agenda, warning that any reversal could trigger capital flight and pressure on the naira.
Governor Olayemi Cardoso of the Central Bank of Nigeria told the 2026 IMF/World Bank Annual Meetings that sustained macro‑economic stability and falling inflation are set to attract long‑term investment, boost production and create jobs in the country.
Nigeria's federal authorities have reiterated that fuel subsidies and multiple exchange rates will not be reinstated, underscoring the commitment to President Bola Tinubu's economic reforms. The clarification came from Finance Minister Taiwo Oyedele during the World Bank and IMF meetings in Bangkok.
Ukrainian President Volodymyr Zelensky condemned U.S. President Donald Trump’s decision to suspend the Lindsey Graham Act, calling it a reward for Vladimir Putin and warning that Russia aims to cut electricity and heat to millions before winter.
Pan‑African fintech group Onafriq announced it will close its Baxi‑branded agent‑banking business in Nigeria because of rising inflation, a weakening naira and stiff competition. The move will affect staff, agents and partners linked to the network, though the company will stay active in other payment services.