News
Fashola to Commission Candel’s Agrochemicals Manufacturing Plant

The Candel Company Limited, Nigeria’s leading agricultural inputs development and Distribution Company has announced that its integrated manufacturing facility for crop protection chemicals and foliar fertilizers at the Lekki Free Zone, Lagos is set for commissioning by Mr. Babatunde Fashola, executive governor of Lagos State.
The event which holds on Tuesday, May 26th means the Multi-Billion Naira project which is only in its first phase when completed will deliver a facility with a capacity for 80 million liters of formulated products per annum.
It will enable Candel to deliver solutions most suited to Nigeria’s tropical climate and peculiar farming systems.
There is currently no local production of crop protection agrochemicals in Nigeria with over $400 million in foreign exchange expended annually to import them.
Crop protection chemicals protect crops from weeds, pests and diseases when in the field, during transportation and in the store and are helping the quest for increased crop yields and better preservation by Nigerian farmers.
Candel’s factory is configured to produce products specially targeted at small scale farmers as well as customized formulations with different surfactant levels for large scale farmers.
The facility has five process plants for Soluble Liquids (SL), Emulsifiable Concentrates (EC) and Suspension Concentrates (SC) of products from diverse chemical families.
It has sufficient capacity to supply Candel’s own distribution network in Nigeria and Ghana with enough spare capacity for third parties in Nigeria and overseas. The target of the international market influenced its location at the Lekki Free Zone.
Construction of the production facility began in early 2014 after an extensive Environmental Impact Assessment (EIA) exercise under the full supervision and guidance of the Federal and Lagos State Ministries of Environment.
Charles Anudu, chairman of The Candel Company underlined the company’s innovative and entrepreneurial spirit as well as the many years of experience in the field of crop protection and nutrition thus: “Our company has a reputation for being at the leading edge of innovation and entrepreneurship that have helped to frame our industry in the context of the local realities. Our world class factory is geared towards tailor-made solutions that address the peculiarities of our farming systems thereby improving the industry economics and competitiveness of West Africa’s crop farmers”.
On his part, Mr. Emmanuel Kattie, managing director of Candel said, “We are determined to restore the quality standard that has since declined in our industry by ensuring that every product that is made in our facility meets the highest international standard for such a product. Nigerian farmers will get peace of mind when they buy any of the products made in this factory.
“We are very pleased that Candel chose the Lekki Free Zone to site its pioneering project and happy with the rapid progress and quality of construction so far. Projects of this nature create highly skilled and entry-level job opportunities for our local communities which is a major benefit of a Free Zone like ours. We will continue to ensure that the framework conditions are attractive for serious investors like Candel, especially with our state-of- the-art infrastructure” enthused Mr. Yonghua Ding, the Managing Director of the Lekki Free Zone Development Company (LFZDC)”.
The Candel Company Limited is one of West Africa’s leading companies offering an outstanding range of products including high value seeds, innovative crop protection solutions and market access support services that improve the industry economics of West Africa’s farmers.
With an extensive footprint in Nigeria and Ghana, and a major agrochemical production facility at the Lekki Free Zone, Lagos, Nigeria, Candel is playing a major role in addressing the peculiar farming systems of West Africa’s farmers, improving the quality of products offered to them as well as reduce the pressure on foreign exchange to import these products, which are often of questionable quality.
News
NITDA Strengthens Collaboration with NIPSS to Drive Digital Innovation, Orange Economy Growth

The National Information Technology Development Agency (NITDA) has reinforced its commitment to advancing Nigeria’s digital transformation agenda through strengthened collaboration with key strategic institutions, as it hosted the Director General of the National Institute for Policy and Strategic Studies (NIPSS), Professor Ayo Omotayo, alongside participants of the Senior Executive Course (SEC) 48, 2026.

The visit, which builds on an earlier strategic study tour, provided a platform for in-depth engagement on the role of digital innovation in driving sustainable economic growth, with particular focus on the Orange Economy.
Representing the Director General of NITDA, Kashifu Inuwa CCIE, the Director of Stakeholder Management and Partnerships, Dr Aristotle Onumo, highlighted the Agency’s commitment to fostering a vibrant digital ecosystem through inclusive policies, strategic partnerships, and capacity development initiatives.
“NITDA is committed to creating an enabling environment where innovation can thrive by bringing together government, private sector, academia, and creatives to drive Nigeria’s digital economy,” he stated.
Inuwa underscored the growing importance of the Orange Economy, describing it as a critical driver of innovation and economic value through intellectual property. He identified sectors such as digital content creation, film, animation, and digital art as key contributors to national development.
“The Orange Economy represents a powerful opportunity to transform our rich cultural heritage and creativity into sustainable economic growth,” he noted.
He further highlighted Nigeria’s unique advantage, particularly its youthful and creative population, while calling for stronger collaboration among stakeholders to fully harness the sector’s potential.
“With our youthful population and rich cultural assets, Nigeria is well-positioned to become a global leader in the Orange Economy if we deepen collaboration and investment across the ecosystem,” he added.
During the engagement, NITDA also presented its strategic initiatives aimed at supporting the digital and creative sectors, including digital infrastructure development, promotion of digital literacy, and implementation of policies that enable startups and innovators to scale.
Addressing challenges facing the sector, Inuwa pointed to issues such as limited access to funding, infrastructure gaps, weak intellectual property protection, and ecosystem fragmentation, while emphasising the need for coordinated action.
“Addressing challenges such as funding gaps, infrastructure deficits, and intellectual property protection is critical to unlocking the full potential of Nigeria’s creative economy,” he said.
The Agency reiterated its target of achieving 70 per cent digital literacy by 2027, noting that ongoing programmes are equipping millions of Nigerians with essential digital skills, including those in underserved and informal sectors.
In his remark, Professor Omotayo described the visit as an important opportunity to deepen understanding of how digital technologies are reshaping economic sectors, particularly the creative industry. He noted that the insights gathered would contribute significantly to policy recommendations aimed at strengthening Nigeria’s economic framework.
Participants of the SEC 48 programme engaged actively during the session, raising questions on capacity development, access to tools, and frameworks for protecting digital content. NITDA highlighted its ongoing collaborations with industry stakeholders to provide training, innovation hubs, and access to digital tools for young Nigerians.
The engagement concluded with a renewed commitment from both NITDA and NIPSS to strengthen collaboration in research, policy development, and capacity building, aimed at positioning Nigeria as a globally competitive force in the digital and creative economy.
News
NRS Takes Over Mineral Royalties Collection Under New Tax Laws

Nigeria Revenue Service (NRS) has assumed responsibility for collecting mineral royalties from mining operators nationwide, following new tax laws effective January 1, 2026.

NRS
The shift emerged from a Thursday meeting between Solid Minerals Development Minister Dele Alake and NRS Chairman Dr. Zacch Adedeji. Their joint statement, endorsed by both, confirms NRS now administers all federally collectible revenues, including royalties.
Enacted by President Bola Tinubu on June 26, 2025, the Nigeria Tax Laws 2025 empower this transition. The Ministry of Solid Minerals Development remains a key partner, supplying pricing data, geological insights, and sector coordination.
NRS Special Adviser Dare Adekanmbi’s statement outlines collaborative steps: a nationwide sensitization program for operators on filing and payments; development of a digital royalty system; and regular joint technical sessions to address issues.
Both agencies pledge orderly, transparent implementation to boost the mining sector. Operators must comply with obligations and join upcoming programs.
The move aims to streamline revenue collection while fostering mining growth.
News
Microsoft Revamps Copilot in Workplace AI Push

Microsoft has rolled out a new set of features for its Microsoft 365 Copilot platform, including tools for complex, multi-step work and deeper research tasks, as competition in workplace artificial intelligence (AI) intensifies.

The update introduces Copilot Cowork, a capability aimed at handling long-running tasks across Microsoft 365 applications.
The feature is being made available through the company’s Frontier programme, which typically gives early access to experimental tools.
Microsoft is also integrating technology linked to Claude – an AI model developed by Anthropic –into Copilot, signalling a broader shift toward using multiple AI systems within a single product rather than relying on a single model.
Jared Spataro, chief marketing officer for AI at Work at Microsoft, says the company is positioning Copilot as a system embedded directly into workplace software, rather than a standalone tool.
“Microsoft 365 Copilot is your AI for work,” he says, adding that it draws on multiple AI models and is integrated into existing workflows.
Alongside this, Microsoft has upgraded its Researcher feature, which is designed to analyse information from multiple sources and generate structured reports.
A new “Critique” function separates the drafting and review process between different AI models – one generates an initial response, while another evaluates and refines it.
The company says this approach improves output quality, with Researcher showing gains on its internal benchmark for accuracy, completeness and objectivity.
Another addition, called Model Council, allows users to compare outputs from different AI models side-by-side, highlighting differences in responses and reasoning.
The updates form part of what Microsoft calls “Wave 3” of Copilot, as it pushes to embed generative AI deeper into enterprise software. The move reflects a wider industry trend towards combining models from multiple providers, including OpenAI and Anthropic, to improve performance and reliability.
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