Investments

The Port of Lomé in Togo has enhanced its maritime capabilities with a new tugboat that generates 80 tons of bollard pull, improving its ability to assist larger vessels and strengthen its competitiveness in West Africa. An official naming ceremony is planned for January 2027.

FUTUREVIEW Asset Management Limited has acquired a 10.45 percent stake in Zichis Agro-Allied Industries Plc by purchasing 126.97 million ordinary shares, enhancing its influence in Nigeria's agricultural sector. The transaction was completed on November 3, 2026.

The Transmission Company of Nigeria restored the Aba–Itu 132 kV transmission line on Nov. 8 after an outage that began on Nov. 7. This restoration allows the Port Harcourt Electricity Distribution Company to resume electricity distribution to Uyo, Eket, Ekim, and Itu.

Dr. Olalekan Fadolapo of ARCON stated that while artificial intelligence will transform Nigeria's advertising industry, it cannot replace human creativity and strategic thinking. He emphasized the need for a regulatory framework to manage AI's ethical implications and enhance the industry's effectiveness.