NIMASA Unveils Initiative to Unlock ₦5tn Maritime Economy

NIMASA Unveils Initiative to Unlock ₦5tn Maritime Economy

By GLEBM News Desk Nigeria’s maritime sector is being positioned for a larger role in the national economy as the Nigerian Maritime Administration and Safety Agency moves to unlock an estimated ₦5 trillion in economic opportunities within the sector. The initiative is expected to focus on improving maritime operations, strengthening local participation and increasing the…

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Nigeria’s Food Import Bill Hits $3bn as Stakeholders Push Agricultural Export Expansion

Nigeria’s Food Import Bill Hits $3bn as Stakeholders Push Agricultural Export Expansion

By GLEBM News Desk Nigeria’s food and agricultural trade has come under renewed scrutiny as stakeholders push for a stronger transition from dependence on imported food to a more export-oriented agricultural economy. The latest discussions have highlighted the scale of Nigeria’s food import requirements, with stakeholders calling for greater investment in domestic production, processing, storage…

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FOCI 70th AGM: Construction Industry Seeks Urgent Government Action as 41,000 Jobs Are Lost

FOCI 70th AGM: Construction Industry Seeks Urgent Government Action as 41,000 Jobs Are Lost

By GLEBM News Desk The Federation of Construction Industry (FOCI) has called for urgent government intervention to revive Nigeria’s construction sector, warning that funding constraints, delayed payments, rising operating costs and contractual challenges are threatening the sustainability of the industry. The call was made on Wednesday, September 16, 2026, at the 70th Annual General Meeting…

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Dangote Refinery Posts $1.82bn Half-Year Profit as Global Fuel Disruptions Boost Exports

Dangote Refinery IPO Demand Forces Investment Platforms to Upgrade Systems

By GLEBM News Desk The unprecedented demand generated by the Dangote Petroleum Refinery public offering has exposed capacity challenges within Nigeria’s digital investment infrastructure, after some investment platforms experienced service disruptions during the opening day of the offer. Thousands of prospective investors attempted to access digital platforms simultaneously to participate in the landmark transaction. One…

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ASUU Declares Indefinite Strike Across Three Lagos State Universities

ASUU Declares Indefinite Strike Across Three Lagos State Universities

By GLEBM News Desk Academic activities have been disrupted across three Lagos State-owned universities following the declaration of an indefinite strike by the Academic Staff Union of Universities. The affected institutions are Lagos State University (LASU), Lagos State University of Education (LASUED), and Lagos State University of Science and Technology (LASUSTECH). The industrial action followed…

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UCH Health Workers Begin Indefinite Strike Over Director’s Reinstatement

UCH Health Workers Begin Indefinite Strike Over Director’s Reinstatement

By GLEBM News Desk Health services at the University College Hospital, Ibadan, are facing disruption following the commencement of an indefinite strike by allied health professionals. The industrial action centres on a dispute over the reinstatement of the hospital’s Director of Pharmaceutical Services, Dr Adeyinka Ishola, following a disciplinary matter. The hospital’s chapter of the…

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ASUU Declares Indefinite Strike Across Three Lagos State Universities

Plateau University Lecturers Suspend Strike After Agreement With State Government

By GLEBM News Desk Academic activities at Plateau State University are set to resume after lecturers suspended their industrial action following an agreement with the Plateau State Government. The university’s branch of the Academic Staff Union of Universities suspended the strike effective midnight on September 16, 2026, after reviewing commitments reached during negotiations with the…

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Nigeria Rejoins JPMorgan Bond Index, Eyes $17.5bn Foreign Investment

Nigeria Rejoins JPMorgan Bond Index, Eyes $17.5bn Foreign Investment

By GLEBM News Desk Nigeria has recorded more than five million new off-grid electricity connections between 2025 and 2026, highlighting the accelerating role of distributed solar power in expanding electricity access across the country. The growth reflects increasing reliance on decentralised energy solutions as households, businesses and communities seek alternatives to limitations within the conventional…

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