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Startups Get Structured Pathways from Idea to Validation

A structured support programme has been introduced to help Nigerian startups move from ideas to validated business models through targeted training, funding and mentorship initiatives. Nigeria’s startup ecosystem continues to grow, with innovation-driven companies contributing to the country’s digital economy and attracting investment across sectors. To support this growth, the iDICE Startup Bridge programme has...
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Five Major Artificial Intelligence Issues Highlighted at Global Summit

Artificial Intelligence (AI) continues to expand rapidly across industries, prompting global debate about its opportunities and risks. Delegates at the AI Impact Summit in New Delhi have outlined five major issues associated with the rapid development and deployment of artificial intelligence technology, according to summit summaries published by news agencies. 1. Job Displacement and Workforce Disruption...
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Recurrent Grid Collapses Threaten Manufacturing, MSMEs in Nigeria – LCCI Warns

The Lagos Chamber of Commerce and Industry (LCCI) has warned that persistent national grid collapses are posing a significant threat to manufacturers, micro, small and medium enterprises (MSMEs) and Nigeria’s broader business environment. The chamber’s Director-General, Dr. Chinyere Almona, highlighted the risks in a statement released on January 27, 2026, following multiple power system failures...
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Lagos Creative Ecosystem Ignites Innovation at CcHUB Gathering

Lagos’ creative economy drew fresh attention over the weekend as influencers, innovators and culture leaders met at Co-creation Hub (CcHUB), one of Africa’s premier innovation platforms, to spotlight the city’s expanding creative landscape. The event on November 29 in Lagos showcased how creativity, technology and purposeful storytelling are shaping future opportunities for Nigerian talent. CcHUB’s...
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Reps Probe N432bn Oil Revenue Debt Owed to NMDPRA

The House of Representatives Public Accounts Committee, PAC, has commenced an investigation into outstanding oil revenue debt owed to the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, by the Nigerian National Petroleum Company Limited, NNPCL, and oil companies. The liabilities under investigation have been put at N432.07 billion. The probe followed findings contained in...

Reps Probe N432bn Oil Revenue Debt Owed to NMDPRA

The House of Representatives Public Accounts Committee, PAC, has commenced an investigation into an oil revenue debt of N432.07 billion owed to the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, by the Nigerian National Petroleum Company Limited, NNPCL, and oil companies. The investigation followed findings contained in the Auditor-General’s annual audit reports, which identified...

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