In spite of setbacks recorded in 2025, both in local and global markets, motorists have ended the year only slightly worse off when it comes to fuel prices. The year …
Business
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- BusinessEconomyIndustryManufacturingNigeriaTrade
Nigeria’s Textile Imports Jump to N814.27bn in Nine Months as Industry Revival Efforts Falter
Nigeria’s textile imports rose sharply to N814.27bn in the first nine months of 2025, raising fresh concerns over the effectiveness of the Federal Government’s repeated claims that it is reviving …
The Chief Executive Officer of First Bank of Nigeria Limited, Mr Olusegun Alebiosu, has said the bank’s Digital Xperience Centre initiative is part of a broader effort to redefine how …
- Arts & CultureBusinessEconomyEntertainmentLagos News
AFRIMA 2026 as City Hosts 9th All Africa Music Awards
The Lagos State Government, major Nigerian corporates, international partners, and private sector organisations have pledged strong support for the 9th edition of the All Africa Music Awards, AFRIMA, scheduled to …
- AfricaBusinessEconomyEntrepreneurshipInnovationTechnology
Business Analyst Urges African Entrepreneurs to Turn Economic Challenges into Opportunities
A business analyst, Mr Adewale Adebawo, has charged African entrepreneurs to see economic challenges as opportunities for growth and innovation, noting that some of the most impactful ideas on the …
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ACCI President Warns of Contracting Economy as Businesses
The President of the Abuja Chamber of Commerce and Industry, Chief Emeka Obegolu (SAN), has raised serious concern over Nigeria’s tough business environment, warning that the country’s economy is contracting …
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Women Bankers Demand 40% Board Representation to Drive Growth in Nigeria’s Financial Sector
The Association of Professional Women Bankers (APWB) has stepped up its advocacy for a more inclusive leadership structure in the Nigerian banking industry, calling for a significant increase in female …
- BankingBusinessConsumer ProtectionEconomyFinanceRegulation
NDIC assures ASO, Union homes depositors of N2m payouts
The financial landscape in Nigeria’s mortgage subsector witnessed a major shake-up on Tuesday as the Nigeria Deposit Insurance Corporation (NDIC) officially moved in to liquidate two prominent institutions: Aso Savings …
- BusinessEconomyEnergyLagos NewsPetroleumTrade and CommerceTransportation & Logisitics
MRS begins N739/litre petrol sales, PETROAN kicks
Residents of Lagos woke up to a major surprise on Tuesday as the price of Premium Motor Spirit (PMS), commonly known as petrol, took a sudden downward turn at some …
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Dr. Awele Elumelu Takes Over as Chair of Transcorp Hotels Plc in Major Boardroom Shake-up
The hospitality industry in Nigeria is set for a significant leadership transition as Transcorp Hotels Plc, the hospitality arm of the Transnational Corporation (Transcorp Group) Plc, has announced the appointment …