General News
Lagos Leather Fair Returns for its 2023 Edition

Lagos Leather Fair, a platform created to showcase leather designers and the potential value of the leather industry in Nigeria and Africa has announced the launch of the 2023 edition of the Fair.

As it celebrates its sixth year, Lagos Leather Fair has consistently maintained its leading position as the driving force behind the realization of the untapped opportunities in the Nigerian leather ecosystem and Africa as a whole.
Themed Staying Ahead: Creativity | Collaboration | Commitment, this year’s edition will take place from the 17th to 18th of June at the Balmoral Convention Centre, Victoria Island, Lagos. The Leather Fair will bring together indigenous brands, emerging and established designers as well as international brands to showcase their products and services to the defined audience.
Lagos Leather Fair 2023 will also be launching the LLF Accelerator Programme — a mentoring design and development programme where six selected leather brands – 3 in footwear and 3 in handbags, will grow and strengthen their skills and acquire critical knowledge with the help of entrepreneurs who possess the relevant industry experience.
Speaking on the announcement of LLF2023, the founder of Lagos Leather Fair, Femi Olayebi said, “The annual celebration of Lagos Leather Fair is a proof point of our unflinching commitment towards finding sustainable solutions to scale the African leather industry and ensure that the Made-in-Nigeria Project and Zero-Oil Initiative becomes a reality. For over five years, we have created an enabling environment for key players to maximise the potential of the leather industry; we are delighted about LLF2023 and look forward to the significant impact it will make in Nigeria and across Africa.”
LLF2023 will feature a series of engaging conversations and masterclasses where selected speakers will be available to share insights on relevant and key topics that affect the African leather industry while featuring a well-curated series of workshops for creatives.
These workshops will focus on the techniques and fundamentals of shoemaking, and on growth and marketing strategies with the aid of social media using case studies. A very special workshop – Cracking Global Markets: How African Brands can go from Local to Global – is also being organised for twenty-five (25) selected brands. This workshop will be facilitated by an International fashion and retail consultancy.
In addition, LLF2023 will feature Pitch-A-LeatherBiz, a pitching session where Individual brands will pitch their business ideas to prospective investors before an audience. Lagos Leather Fair will also be introducing LLF Awards, aimed at recognising excellence and innovation, and honour outstanding leather designers.
For about six years, Lagos Leather Fair has had a significant impact on the Nigerian leather industry which is the third largest in Africa after South Africa and Ethiopia. The platform has impacted relevant stakeholders through its engaging conversations, creative workshops, product exhibitions, and runway presentations.
In 2022, LLF celebrated 5 years of transformative existence and significant impact in the African Leather Industry. The Fair also initiated West Africa’s first-ever digital leather exhibition, LLF Digital in 2020, to leverage growing cross-border connections and broaden the platform for participating brands.
Lagos Leather Fair remains committed to providing a solution-based platform for leather designers and other relevant players along the leather value chain in Nigeria and across Africa.
General News
World Bank Blocks Social Media Comments from Nigerians over Loan Backlash

World Bank has restricted comments on its Instagram page after thousands of Nigerians flooded the platform begging them to stop lending money to Nigeria.

The protest erupted after reports that President Bola Ahmed Tinubu is seeking a fresh $1.25 billion dollar loan for approval on June 26.
Some Nigerians asked the World Bank to provide more details about the purpose of the loan and how the funds would be managed.
Others said the country should reduce dependence on foreign loans and focus on improving local revenue.
The federal government has continued to defend its borrowing plans.
Officials say the funds will support economic reforms, development projects and efforts to strengthen the economy.
Nigeria remains one of the major borrowers from the World Bank in Africa, with different administrations securing loans over the years for infrastructure, social programmes and economic support.
General News
Lagos Plans New Cybersecurity Centre

The Lagos State Government plans to establish a Cybersecurity Operations Centre to strengthen protection of government systems, digital services and citizen data amid rising cyber threats linked to the city’s expanding digital economy.

Tunbosun Alake, Lagos commissioner for innovation, science and technology, said the centre would help secure the infrastructure supporting online payments, e-government services, cloud platforms and technology-driven business operations across the state.
According to Alake, the facility will monitor, detect and respond to cyber threats targeting government networks, digital transactions and sensitive public data.
The move comes as Lagos accelerates its smart city agenda through investments in broadband infrastructure, digital identity systems and automated public services.
Alake said Lagos had already deployed 109 Data Protection Officers across Ministries, Departments and Agencies, which he described as the highest number among Nigerian states, to strengthen compliance with data protection regulations.
Alongside the proposed cybersecurity centre, the state also launched the Lagos Campus Network Upgrade project aimed at improving digital infrastructure within the public sector.
The upgrade is expected to improve network performance, automate internal government processes and enhance digital engagement with residents. The cybersecurity initiative follows the release of Lagos State’s cybersecurity guidelines in April.
The framework recommends measures including multi-factor authentication, vulnerability testing, encrypted backups and tighter endpoint security controls.
The guidelines align with Nigeria’s Cybercrime Act 2024, the Nigeria Data Protection Act 2023 and the National Cybersecurity Policy and Strategy 2021.
General News
LG Electronics Strengthens Household Energy Efficiency in Nigeria with Advanced Inverter Refrigerator Solutions

LG Electronics (LG) is reinforcing its commitment to smarter and more energy‑efficient living by spotlighting its range of inverter‑powered refrigerators designed to meet the evolving needs of Nigerian households.

As electricity costs continue to rise and inflationary pressures shape consumer spending, LG’s refrigerator portfolio is positioned as a practical solution that combines dependable performance with responsible energy consumption.
Refrigerators are among the most frequently used appliances in Nigerian homes, operating 24 hours a day and accounting for a significant share of household electricity usage. LG addresses this challenge through its proprietary Inverter Compressor technology, which intelligently adjusts cooling power based on actual usage conditions.
By reducing unnecessary energy draw, the system delivers stable temperature control while helping households lower energy consumption and manage monthly utility costs more effectively.
Beyond energy savings, LG refrigerators are designed to support food security and reduce waste, an increasingly important consideration for families navigating rising food prices. The inverter system enables faster cooling recovery after power interruptions and helps maintain consistent internal temperatures, preserving food freshness for longer periods. With fewer friction points in the compressor design, LG refrigerators also offer enhanced durability and long‑term reliability, minimizing maintenance costs over time.
LG’s energy‑saving refrigerator lineup includes Top Mount, Side‑by‑Side, and Door‑in‑Door models, each tailored to different household sizes, storage needs, and lifestyle preferences. The Top Mount refrigerators offer practical, space‑efficient designs ideal for everyday family use, delivering reliable cooling with optimized energy efficiency.
The LG GN-F452PFAQ model keeps food perfectly fresh with FRESH Converter+ that optimizes temperature as per food items and never runs out of ice with the Auto Ice Maker.
For households that require larger storage capacity and improved organization, Side‑by‑Side models provide generous interior space, improved visibility, and consistent cooling across compartments.
For more design‑conscious consumers, LG’s Door‑in‑Door refrigerators reduce cold air loss by allowing quick access to frequently used items, supporting both energy efficiency and long‑lasting freshness.
At the premium end, LG continues to innovate with advanced models such as the MoodUP™ refrigerator, which combines customizable aesthetics with functional energy‑saving features like the InstaView panel, allowing users to view contents without opening the door and reducing unnecessary cold air loss. This refrigerator comes with a washing machine as a bundle promotion.
According to LG, this range‑based approach reflects a deep understanding of how Nigerian households differ in size, consumption habits, and lifestyle needs.
“Nigerian consumers are becoming more intentional about how they use energy and manage household costs,” said Mr. Oktai Kim, General Manager, Home Appliance Solutions, LG Electronics Nigeria. “By offering a diverse range of inverter‑powered refrigerators, we are giving families the flexibility to choose solutions that suit their homes while delivering long‑term value through energy efficiency and dependable performance.”
Rather than focusing on technology alone, LG’s energy‑saving refrigerator portfolio emphasizes everyday benefits, efficient operation, reliable cooling, and designs that adapt to real living conditions. Available nationwide, LG refrigerators continue to support smarter living and economic resilience, reinforcing the company’s commitment to delivering durable, consumer‑focused home solutions for Nigerian households.
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