For many Nigerians, the experience of banking in 2025 has become a relentless ordeal, with each transaction feeling like another cut in a long series of financial wounds. The sector, once hailed for its resilience, is now grappling with a perfect storm of economic challenges that have left customers and institutions alike in a constant
Top-tier event management outfit, Laurel Events Limited, has announced plans to host a high-impact Business Forum aimed at equipping entrepreneurs and industry professionals with strategic tools for business growth, operational excellence, and sustainable corporate culture. The event, tagged Laurel Business Forum (LBF 2025), is scheduled to take place on Tuesday, April 29, 2025, at Darlington
In a compelling dialogue aimed at deepening Nigeria’s economic trajectory, the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Friday reaffirmed the apex bank’s unwavering commitment to implementing transparent and consistent monetary reforms, designed to rebuild public trust and reposition the nation’s economy on a sound footing. The engagement, which took
In a strategic move to deepen public understanding of national economic data, the National Orientation Agency (NOA) has partnered with the National Bureau of Statistics (NBS) to drive inclusive awareness on the ongoing rebasing of Nigeria’s Gross Domestic Product (GDP). The collaboration was formally presented during a sensitisation event aimed at demystifying the rebasing process
Nigeria’s economic growth in 2025 may experience a setback due to a newly imposed 14 percent reciprocal tariff by the United States on Nigerian imports. This is highlighted in the latest ‘Nigeria Economic Outlook – April 2025’ report released by PricewaterhouseCoopers (PwC). The tariff is part of a broader set of measures, referred to as
The President-General of the Maritime Workers Union of Nigeria (MWUN), Francis Bunu, has announced that the payment process for retired seafarers is currently 85% complete. This follows persistent efforts to ensure that the pensions of retired seafarers, particularly those who served in the defunct Nigerian National Shipping Line (NNSL), are disbursed without further delay. Bunu
Vice President Kashim Shettima has called on Ministries, Departments, and Agencies (MDAs) of government, alongside members of the Presidential Enabling Business Environment Council, to intensify collaboration aimed at fostering a more conducive business environment in Nigeria. This appeal comes on the heels of his recent engagements at the 2025 World Economic Forum in Davos, Switzerland,
In a significant Corporate Social Responsibility (CSR) initiative to mark World Water Day 2025, itel has successfully addressed the long-standing water crisis in Brigade Gama (B) Kasuwar Takari community by commissioning an electric-powered borehole that now provides clean and safe water to residents. This project, launched amid growing concerns over water scarcity and sanitation challenges
In a detailed presentation that has sent waves through Nigeria’s energy landscape, the Honourable Minister of Power yesterday showcased remarkable strides achieved within the first quarter of 2025, highlighting unprecedented progress in the nation’s power sector under the Renewed Hope Agenda.Speaking before an assembly of government officials and stakeholders, the Minister revealed that Nigeria achieved
The Central Bank of Nigeria (CBN) has issued a stern directive to banks, payment service providers, and fintech operators across the country, mandating them to reinforce their sanctions compliance frameworks or risk facing stiff regulatory actions. The directive, contained in a circular dated April 17, 2025, was signed by Amonia Opusunju on behalf of the
