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Nigeria Targets $400bn Share of Africa’s Commodities Market Through UAE–LCFE Partnership | Nigeria News

  • Jan 29
  • 2 min read

Nigeria is stepping up efforts to dominate Africa’s commodities trade as it targets a $400 billion market share through a strategic partnership involving the United Arab Emirates and the Lagos Commodities and Futures Exchange (LCFE). The initiative is expected to attract foreign investment, strengthen structured trading, and boost Nigeria’s export-driven economic growth.






NCC Reports Improved Telecom Network Quality in Q4 2025 Performance Review



The Nigerian Communications Commission (NCC) has announced significant improvements in telecom network quality nationwide in its Q4 2025 performance review, citing better call connectivity, data performance, and service reliability. The development reflects increased regulatory oversight and sustained investments by telecom operators across the country.



Tinubu Urged to Rescue Nigeria Commodity Exchange From Imminent Collapse



Stakeholders have called on President Bola Ahmed Tinubu to urgently intervene in the affairs of the Nigeria Commodity Exchange, warning that continued neglect could lead to total collapse. Experts say timely reforms and government support are critical to preserving the exchange’s role in agricultural trade, price stability, and economic diversification.



Customs Hands Over N36.5m Worth of Expired Raw Materials to NAFDAC



The Nigeria Customs Service has transferred expired raw materials valued at ₦36.5 million to NAFDAC for safe disposal, reinforcing its commitment to protecting public health and enforcing import regulations. The handover highlights strengthened inter-agency collaboration against the circulation of unsafe and substandard products.



IAWPA Names Three Nigerians as Global Peace Ambassadors



The International Association of World Peace Advocates (IAWPA) has honoured three Nigerians with appointments as Global Peace Ambassadors, recognizing their outstanding contributions to peace advocacy and humanitarian development. The recognition underscores Nigeria’s growing presence in global peacebuilding and leadership initiatives.



Gov. Oyebanji Receives DG Nigerian Law School Dr Odusote


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