Category: Nigeria news
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Experts Canvass Fusion of Technology into Storytelling and Creativity
Industry leaders at the 2025 Lagos Advertising & Ideas Festival (LAIF) Creative Conference have called on creatives to deliberately integrate technology into storytelling and brand communication, while maintaining discipline, resilience and strong creative values. The conference, which attracted a large number of young creatives, focused on the evolving advertising landscape and the principles required to
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Case for Innovative Education Funding as GCUOBA Lagos Targets N2bn
The Lagos Branch of the Government College Ughelli Old Boys Association (GCUOBA) has set an ambitious target of raising N2 billion for the construction of a permanent secretariat in Lagos, as stakeholders intensify calls for innovative funding models to revive Nigeria’s education sector. The fundraising target was unveiled at the association’s 2025 Annual Luncheon, held
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“I Didn’t Marry for Posting” – Woli Arole Explains Why His Family Is Rarely Seen Online
Popular Nigerian comedian and actor Woli Arole has addressed questions from fans about why he rarely shares photos or videos of his family on social media. The skit maker spoke after repeatedly being asked by followers why his home life remains largely private, despite his active and influential presence online. In a post shared on
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Boost for Disposable Income as Inflation Falls to 14.45%
Nigeria’s headline inflation rate declined for the eighth consecutive month, signaling a sustained easing of price pressures and gradual improvement in living costs across the country. According to the Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS), headline inflation dropped by 160 basis points to 14.45 per cent in November,
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CBN Revokes Operating Licences of Aso Savings, Union Homes Mortgage Banks
The Central Bank of Nigeria (CBN) has withdrawn the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc as part of renewed efforts to strengthen regulation and restore confidence in the mortgage banking sub-sector. The apex bank said the decision was taken in line with its statutory powers under
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REA, NBS Partner to Strengthen National Energy Data Framework
The Rural Electrification Agency (REA) and the National Bureau of Statistics (NBS) have entered into a strategic partnership aimed at strengthening Nigeria’s national energy data architecture through the signing of a Memorandum of Understanding (MoU). The agreement provides a framework for collaboration on the conduct of a comprehensive National Energy Survey using the Multi-Tier Tracking
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FCMB Pensions Disburses Over N200bn to Retirees and Beneficiaries
FCMB Pensions Limited has paid out more than N200 billion in retirement benefits to retirees and other beneficiaries since it began operations, its Managing Director and Chief Executive Officer, Christopher Bajowa, has disclosed. Bajowa made this known in Abuja during a sensitisation walk organised as part of activities marking the 20th anniversary of Pension Fund
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MTEF/FSP: Federal Government Targets Aggressive Revenue Drive to Curtail N152 Trillion Debt
The Federal Government of Nigeria is shifting its fiscal strategy from heavy borrowing to aggressive revenue mobilisation as the country’s public debt climbs to around N152 trillion. This comes amid a N30 trillion revenue shortfall in 2025, with only N10 trillion realised from a target of N40 trillion. Presenting the 2026–2028 Medium Term Expenditure Framework
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Government Inaugurates First Stretch of Lagos–Calabar Coastal Highway
The long-delayed Lagos–Calabar Coastal Highway marked a significant milestone over the weekend with the temporary opening of Section 1, stretching from Ahmadu Bello Way Junction to Eleko Village in Lagos. The inauguration, conducted by Minister of Works Engr. David Umahi on behalf of President Bola Tinubu, highlights progress on one of the administration’s flagship infrastructure
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BUA Group Rewards Long-Standing Staff with N30 Billion Cash Gifts
BUA Group has disbursed N30 billion in cash awards to 510 loyal employees, marking one of the largest single employee reward programmes ever by a private sector company in Nigeria. The awards were presented at the 2025 Night of Excellence and Long Service Awards, recognising employees with service spanning five to over forty years. The
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