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 …
Nigeria
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BusinessEconomyIndustryManufacturingNigeriaTrade
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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 …
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GOVERNMENTNigeriaPoliticsPower & Energy,Regulation
Tinubu Appoints Mulisiu Oseni as NERC Chairman After Senate Confirms Board
President Bola Ahmed Tinubu has appointed Dr Mulisiu Oseni as the Chairman of the Nigerian Electricity Regulatory Commission following the confirmation of members of the commission’s board by the Senate. …
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EconomyFinance & ServicesNigeriaPensionPublic PolicyRegulation
PenCom Extends Pension Industry Recapitalisation Deadline to June 2027
The National Pension Commission has extended the deadline for the ongoing recapitalisation of the pension industry to June 2027, shifting it from the earlier date of December 2026. The move …
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BankingCorporate Social Responsibility,EducationHealthNigeriaSocial Development
Stanbic IBTC Expands Together4ALimb Initiative, Targets 200 Nigerian Children
Stanbic IBTC Holdings Plc, a member of the Standard Bank Group, has reaffirmed its commitment to social responsibility and inclusive development with the continued expansion of its flagship Corporate Social …
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BusinessFinanceIndustrialisationNigeriaOil & Gas
132 Nigerian firms secured N51.7bn, $359m in local content funds – NCDMB
A total of 132 Nigerian companies have accessed N51.785 billion and $359.653 million from local content intervention funds aimed at promoting indigenous participation in the country’s oil and gas industry, …
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InnovationManufacturing & Consumer GoodsMarketsNigeria
Guinness Nigeria Launches New 440ml Can of Foreign Extra Stout to Enhance Consumer Value
Guinness Nigeria has introduced its latest packaging innovation, the Guinness Foreign Extra Stout (FES) 440ml Can, aimed at providing consumers with greater value while strengthening the brand’s leadership in the …
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AgricultureBusinessEconomyInflationNigeria
Nigeria’s Inflation Eases to 14.45% in November 2025, Supporting Consumer Spending and Business Activity
Nigeria’s headline inflation rate slowed further in November 2025, as consumer price pressures moderated under the new base year, according to the latest Consumer Price Index (CPI) report released by …
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Civil SocietyEconomyNigeriaOil & GasPublic PolicyRegulation
Civil Society Group Faults Dangote’s Call for Probe of NMDPRA Boss
The League of Civil Society Groups has criticised recent public comments credited to the President of Dangote Industries Limited, Alhaji Aliko Dangote, in which he reportedly called for a probe …
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AfricaBankingBusinessCorporate GovernanceEconomyFinance & ServicesLeadershipNigeria
UBA Names New Executive Directors as Four Long-Serving Leaders Retire
United Bank for Africa (UBA) has announced key changes to its executive management team, with three new Executive Directors set to take office from 1 January 2026, following the retirement …