Blog
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The Bank of Industry (BOI) has launched its Sustainable Finance Framework, designed to drive inclusive and climate-resilient growth in Nigeria. This framework aligns with BOI’s 2025-2027 corporate strategy, prioritizing long-term development impact, environmental stewardship, social inclusion, and creating shared value. By supporting businesses committed to sustainable practices, the framework aims to unlock access to blended […]
The Bank of Industry (BOI) has reiterated its commitment to empowering over 12 million artisans and technicians across Nigeria, recognizing them as vital engines for inclusive economic growth and national industrial transformation. Speaking at the 2025 Nigerian Artisans Leadership Summit in Abuja, BOI Managing Director Olasupo Olusi, represented by Executive Director Mabel Ndagi, highlighted the […]
At the opening of the 94th ECOWAS Council of Ministers session in Abuja, Nigeria’s Minister of Foreign Affairs and current ECOWAS Chairman, Ambassador Yusuf Tuggar, issued a firm warning against the region’s continued economic dependence on former colonial powers. Tuggar urged West African nations to prioritize regional trade, accelerate infrastructure development, and strengthen collective self-reliance […]
The Oba of Benin, Ewuare II, on Wednesday received 119 looted artefacts returned from the Netherlands, describing the moment as a spiritual and cultural triumph against persistent efforts by what he termed an international cartel seeking to re-loot the kingdom’s treasures. Speaking emotionally at the Benin Royal Palace, the revered monarch expressed profound […]
Global manufacturers are reviving “tariff engineering” to reduce duties by altering product designs, materials, or dimensions. This legal strategy allows companies to bypass higher costs while staying compliant with trade regulations, reshaping how businesses navigate the global market. Key Highlights – *Tariff Optimization*: Companies are using tariff engineering to optimize their supply chains and […]
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has suspended its strike following the Lagos State Government’s commitment to negotiate the contentious N12,500 electronic call-up levy on tankers along the Lekki-Epe corridor. The strike was paused after the state agreed to engage IPMAN’s National Executive Committee and the Nigerian Association of Road Transport Owners (NARTO) […]
The Presidential Compressed Natural Gas Initiative (PCNGi) has rolled out a concessionary autogas supply and pricing framework to stabilize pricing and enhance supply in Nigeria’s booming auto CNG market. This initiative aims to support Nigeria’s transition to sustainable transportation with expanded refueliFramework to Meet Surgingng infrastructure. Key Highlights – *Stabilizing Pricing*: The framework is […]
The Christian Association of Nigeria (CAN) has warned that ongoing killings in Benue State, known as Nigeria’s food basket, threaten the country’s food security. Over 200 people were killed in Yelwata community, Benue State, in one of the deadliest attacks in recent years. CAN condemned the killings and demanded urgent action by the Federal Government […]
The Trump administration is considering imposing a travel ban on Nigeria and 35 other countries, mostly from Africa, according to a State Department memo reported by The Washington Post. The proposed ban could restrict entry to citizens from these additional countries, with Nigeria being one of the most populous nations affected. Countries Affected by […]
The Central Bank of Nigeria (CBN) has directed banks operating under regulatory forbearance to suspend dividend payments, defer bonus for executives, and halt investments in foreign subsidiaries. This move aims to strengthen the banking sector’s resilience by ensuring stronger capital bases and genuine capital injections. Key Highlights – *Strengthening Bank Capital*: The CBN’s decision […]
