U.S. Firm to Build Cassava Hub in Ogun

A United States-based agribusiness company has concluded plans to establish a state-of-the-art cassava processing hub in the Special Agro-Processing Zone (SAPZ) located in Ogun State. The development, announced by state officials on Monday, is expected to significantly strengthen the cassava value chain, boost food security, and attract more international investment into Nigeria’s agricultural sector. According…

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Train Derailment Sparks NRC Management Shake-Up

The Nigerian Railway Corporation (NRC) has announced a sweeping reorganization of its management structure, barely 10 days after a train derailment on the Kaduna-Abuja route injured 20 people. NRC’s Managing Director, Dr. Kayode Opeifa, confirmed the changes in an internal memo, stressing that the shake-up was part of broader reforms aimed at strengthening efficiency, accountability,…

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Nigeria’s Direct Flight Network Expands Across Four Continents

Nigeria has established itself as a key Air Travel Hub in West Africa, offering direct flights to 30 countries across four continents. According to aviation data compiled by Statisense from FlightConnections, the Country’s International Airports handle a significant volume of traffic, connecting passengers to destinations in Africa, Asia, Europe, and North America. Within Africa, Nigerian…

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CBEX Returns with Controversial Reactivation Fee Demand

Controversial Cryptocurrency Platform Crypto Bridge Exchange (CBEX) has resurfaced after disappearing with millions in investors’ funds, sparking fresh outrage. The platform has reactivated users’ dashboards, displaying their previous balances, but with a catch: investors are  now being asked to pay a “reactivation fee” ranging from $100 to $200 to access their funds or continue trading….

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S’Africa overtakes Nigeria as Africa’s top fuel importer- Reports

Nigeria has relinquished its long-held position as Africa’s largest importer of refined petroleum products following the ramp-up of operations at the Dangote Petrochemical Refinery, a new report has stated. South Africa has now overtaken Nigeria as the continent’s largest fuel importer, according to new data from energy consultancy CITAC, signalling a seismic shift in Africa’s…

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