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Lagos to Host Over 1,000 Global Investors at Commonwealth Business Summit

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Lagos State is set to welcome more than 1,000 investors from across the Commonwealth of Nations for a two-day investment summit scheduled for June 8–9, 2026, at Eko Hotels & Suites.

The summit, themed “Lagos: Business Gateway to Africa,” was announced during a press briefing by the State Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem.

It is being jointly organised by the Lagos State Government, the Commonwealth Enterprise and Investment Council, and several public and private sector partners.

Ambrose-Medebem said the event has evolved beyond a traditional investment conference into a global platform for policy dialogue, capital mobilisation, investor matchmaking, and strategic economic engagement.

According to her, the expected participation of delegates from Commonwealth member states and other regions reflects growing international confidence in Lagos as a leading investment destination.

Attendees will include policymakers, multinational corporations, development finance institutions, entrepreneurs, innovators, and trade delegations from Africa, Europe, Asia, and the Middle East.

The summit will feature keynote speeches, plenary sessions, executive roundtables, sector-focused investment forums, exhibitions, and business-to-business and business-to-government meetings.

Key sectors on the agenda include infrastructure, manufacturing, agriculture, technology, the blue economy, tourism, energy transition, logistics, transportation, financial services, real estate, and small business development.

A major highlight will be a governors’ investment showcase designed to connect state governments with global investors and development partners.

The commissioner also emphasised Lagos’ strategic position as an economic hub, citing its large consumer base, expanding infrastructure, innovation ecosystem, and maritime advantages.

With a population of over 23 million and one of Africa’s largest city economies, she said Lagos remains uniquely positioned to attract global capital across multiple sectors, in line with Governor Babajide Sanwo-Olu’s economic agenda.

The summit is expected to produce investment agreements, policy frameworks, and action plans aimed at boosting job creation and long-term economic growth.

Co-chairman of the Technical Committee on Invest Lagos 3.0, Toyosi Akerele, also highlighted the role of technology in the event, noting that an AI-powered dashboard will enable global participation in real time.

Students from institutions such as Lagos State University will operate parts of the summit’s digital command centre as part of efforts to build youth capacity and human capital development.

She also disclosed plans for a podcast segment featuring foreign delegates sharing insights on Lagos’ business environment, culture, and tourism appeal.

In addition, more than 400 international delegates are expected to participate in post-summit guided tours on June 10, including visits to the Lekki Free Trade Zone, Dangote Refinery, Dangote Fertiliser Plant, Lekki Deep Sea Port, RussellSmith 3D Printing and Manufacturing Centre, as well as key transport infrastructure such as the Blue and Red Line rail systems.

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Nigeria Launches New Committee to Accelerate IPv6 Adoption,Reappoints Rudman to Lead Push

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BY NKECHI NAECHE -ESEZOBOR—The Nigerian Communications Commission (NCC) has officially inaugurated a new committee dedicated to fast-tracking the countrywide migration to Internet Protocol version 6 (IPv6). The establishment of this specialized board, which took place during an industry event in Ikeja, Lagos, marks a decisive regulatory effort to modernize the nation’s digital infrastructure and secure its electronic future.

A prominent telecom executive, Olusola Teniola of ipNX, has been appointed to the newly formed panel. He joins a distinguished group of private sector pioneers and public sector representatives, including Funke Opeke, panel chairman Muhammed Rudman, vice chairman Chris Uwaje, Mary Uduma, Gbenga Adebayo, Lanre Ajayi, and Latif Ladid. Together, this collaborative body will work alongside key government institutions to oversee the technological shift.

Reflecting on the initiative, Teniola emphasized that upgrading the nation’s internet framework is an immediate necessity rather than a long-term goal. He noted that with skyrocketing data usage and the rapid proliferation of next-generation technologies like 5G, artificial intelligence, and the Internet of Things (IoT), Nigeria must build a scalable, secure, and globally competitive foundation to support its expanding digital economy.

The newly formed committee is charged with a comprehensive mandate, which includes drafting a national deployment blueprint, monitoring adoption metrics, and providing regular progress updates. Additionally, the team will focus on overcoming existing structural bottlenecks, enhancing local technical capacity, and recommending policy incentives to encourage universal participation.

Achieving widespread implementation will require deep alignment across network operators, internet service providers, corporate enterprises, academia, and state authorities. Industry leaders stress that this transition is a collective responsibility, requiring deliberate investment in public awareness and skill development to ensure Nigeria remains a frontrunner in the global digital landscape.

The post Nigeria Launches New Committee to Accelerate IPv6 Adoption,Reappoints Rudman to Lead Push appeared first on Business Today NG.

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NAICOM, Abia partner to enhance investors’ confidence, mitigate risks

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The National Insurance Commission (NAICOM) has partnered with Abia State Government to safeguard economic activities, mitigate risks, and enhance investors’ confidence.

The Commissioner for Insurance and Chief Executive Officer of NAICOM, Olusegun Omosehin, said this when he led a delegation to Governor Alex Otti of Abia in Umuahia on Monday.

Mr Omosehin, in a statement on Tuesday in Abuja, underscored that a robust insurance system was fundamental to protecting business investments and securing livelihoods across critical sectors of the Abia economy.

Highlighting recent reforms, the commissioner assured Mr Otti and his Executive Council that the newly established Insurance Policyholders’ Protection Fund (IPPF) would reinforce industry stability.

Mr Omosehin explained that the Fund, instituted by NAICOM under the provisions of NIIRA2025, was designed to safeguard policyholders’ interests.

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He also assured that the Fund would ensure prompt and equitable settlement of valid claims, thereby strengthening consumer trust and market confidence.

He quoted Mr Otti as commending NAICOM’s leadership for the progress achieved in the insurance sector.

Mr Otti pledged his administration’s support in fostering a sustainable partnership with the insurance industry to enhance risk management.

ALSO READ: Why Abia can be reference point for Nigeria’s governance lessons – Odinkalu

The NAICOM delegation included the Deputy Commissioner (Finance & Administration), Ekerete Gam-Ikon, alongside presidents and senior executives from the Nigerian Council of Registered Insurance Brokers.

Others in the delegation were representatives of Nigerian Insurers Association, Chartered Insurance Institute of Nigeria and the Institute of Loss Adjusters of Nigeria.

(NAN)


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