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Meta pulls AI photo editing feature after privacy backlash

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Apple sues OpenAI over alleged theft of trade secrets

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Meta pulls AI photo editing feature after privacy backlash

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Naira closes at ₦1,379.62/$ in official market, parallel rate

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Tag: Stakeholders

Business

Stakeholders demand fresh bid for 40% Amukpe–Escravos pipeline stake

Stakeholders have called on the Federal Government to commence a fresh competitive bidding process for the proposed sale of a 40 per cent stake in the Amukpe–Escravos Pipeline, rejecting moves to revive an earlier transaction that was previously terminated. They also urged the government to conduct a new valuation to determine the current market value […]

Business

Stakeholders warn of billions lost to container blockages at ports

Stakeholders in Nigeria’s maritime sector have raised concerns that the country is losing billions of naira due to container blockages at Lagos ports, a situation that has sparked widespread outrage and renewed calls to end the duplication of port clearance procedures by the Maritime Police. They further alleged that officers of the Maritime Police have […]

The Nigerian equities market closed in positive territory on Thursday, with investors pocketing a gain of N239bn in market capitalisation
Business

Stakeholders push for unified action to deepen capital market

Market leaders, regulators, and government officials have called for coordinated action to deepen Nigeria’s capital market and position it as a catalyst for national economic growth. Speaking at the 2025 Chartered Institute of Stockbrokers National Workshop held at the Presidential Villa, Abuja, Group Managing Director and CEO of Nigerian Exchange Group Plc, Temi Popoola, said […]

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Stakeholders oppose FG’s ban on large tankers

Stakeholders in Nigeria’s downstream sector are pushing back against the Federal Government’s planned ban on large tankers carrying over 60,000 litres of petroleum products. The Nigerian Association of Road Transport Owners has expressed concerns that the restriction could disrupt fuel distribution and drive up costs Similarly, the Petroleum Products Retail Outlets Owners Association of Nigeria […]

Maritime

Stakeholders urge use of satellite technology to combat marine pollution

The stakeholders highlighted the critical role of satellite technology in combating marine pollution, detecting oil spills, safeguarding marine biodiversity, and promoting sustainable shipping in Africa. They emphasized the importance of establishing comprehensive frameworks at local, national, and regional levels to monitor and address marine pollution effectively. Collaboration, innovation, and strict enforcement of environmental laws were […]

News

More than 60% of Nigerians live in slums – Stakeholders

Stakeholders in the built environment have revealed that 60 per cent of Nigerians reside in slums. This was disclosed by the stakeholders at the 33rd Lagos Builders’ Conference and annual general meeting held recently in Lagos, with the theme: “Breaking Barriers and Empowering Change in Nigeria’s Real Estate Sector: Process and Control”, according to The […]

News

Stakeholders advocate visa policy review to boost tourism

Stakeholders in the tourism and hospitality sector ask for a review of the visa policies in Nigeria to grow the sector. The stakeholders made the call at a recently held summit organised by Vertiline Synergy Limited in Lagos, according to The Punch. They bemoaned the difficult procedure that experts had to go through to obtain […]

News

Manufacturers advocate integration of blockchain to transform African trade

Manufacturers and stakeholders across Africa are pushing for the adoption of blockchain technology to transform trade under the African Continental Free Trade Area. Blockchain technology is a major player for promoting transparency, security, and efficiency in trade transactions across the continent, according to The Punch. The President of the Pan-African Manufacturers Association, Mansur Ahmed stated […]

News

Solid minerals stakeholders demands 10% benefit for host communities

Solid minerals industry stakeholders have demanded that 10% of benefits be paid to host communities as part of efforts to create an atmosphere that would guarantee miners and indigenous peoples live in harmony. These demands were tabled for deliberations on Wednesday at the public hearing of repeal and enactment of a bill titled, “Nigeria Mineral […]

Agribusiness News

Stakeholders demand livestock development ministry address food insecurity

Agribusiness players, including the Lagos Chamber of Commerce and Industry and the Commercial Dairy Ranchers Association of Nigeria, have urged the newly established Ministry of Livestock Development to address food insecurity. President Bola Tinubu approved the creation of the Livestock Development Ministry on July 9, 2024, as he inaugurated the Presidential Committee on Livestock Reforms […]

News Oil and Gas

Stakeholders demand implementation of laws to protect local firms

Stakeholders in Nigeria’s oil and gas industry have urged the government to guarantee that local content requirements are effectively implemented in order to protect indigenous oil and gas enterprises. Speaking during a panel session at the 2024 NOG Energy Week in Abuja on Monday, the Chairman, Nestoil Limited, Ernest Azudialu – Obiejesi stated that, while […]

News

Stakeholders urge inclusive, evidence-based policies implementation

Policy experts have called on the government to implement evidence-based and inclusive policies. This was disclosed in a statement at a recent webinar hosted by the Do Right Initiative, according to The Punch. Policy experts demand a change in Nigeria’s approach to formulating policies. They underlined the necessity of inclusive, user-centric, evidence-based policies that consider […]

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