Category: Nigeria news
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TBS Management Moves to Promote Tourism and Preserve National Heritage
The Tafawa Balewa Square (TBS) Management Board has reaffirmed its commitment to advancing tourism and safeguarding Nigeria’s cultural heritage following the completion of the restoration and beautification of the Independence Memorial Obelisk in Lagos. Speaking at the unveiling of the newly restored monument, Managing Director of TBS, Mrs. Lucia Shittu, said the initiative was driven
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Norrenberger Pensions Expands Client Base to 164,619, Revenue Rises to ₦2.5 Billion
Norrenberger Pensions Limited has released its financial results for the 2024 fiscal year, reporting significant growth in both income and client acquisition despite Nigeria’s challenging economic environment. The company’s Retirement Savings Account (RSA) client base grew to 164,619, while total income rose by 31% to ₦2.51 billion, signaling strong market resilience. Operating Amid Economic Headwinds
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Nigeria intensifies campaign against fake wine products
Nigeria’s wine industry is ramping up its campaign against counterfeit and substandard wines as concerns grow over consumer safety, declining public confidence, and significant revenue losses for government and legitimate businesses. Speaking at a wine-tasting event in Lagos, Chinedu Rita Rosa, Founder of Vines by Rosa and the first African Black woman wine consultant, said
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CBN declares Zuldal Microfinance Bank illegal
The Central Bank of Nigeria (CBN) has warned the public against conducting business with Zuldal Microfinance Bank Limited, stating that the firm is not licensed to operate any form of banking or microfinance service in the country. In a statement issued in Abuja, the CBN’s Acting Director of Corporate Communications, Hakama Sidi Ali, said the
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FCMB empowers women entrepreneurs through 2025 SheVentures Networking Summit
First City Monument Bank (FCMB), through its flagship women-in-business platform SheVentures, has reaffirmed its commitment to supporting female entrepreneurs with the successful hosting of the 2025 SheVentures Networking Summit in Lagos. Held under the theme “Engage, Empower & Unwind 2.0: The Power of Balance,” the summit brought together hundreds of women entrepreneurs, business executives, and
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Drawbridge joins global iNT Agencies network
Drawbridge CM, a full-service communications agency, has announced its partnership with iNT Agencies, a worldwide network of integrated marketing and communications firms. Speaking on the development, Hassan Abdul, Lead Consultant at Drawbridge, said the partnership will allow the agency to tap into iNT Agencies’ vast global network, advanced technology, and specialist expertise to deliver more
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NCDMB and NSE launch Nigerian Engineering Olympiad to tackle skills gap
To address the growing technical skills gap among Nigerian engineering graduates, the Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with the Nigerian Society of Engineers (NSE), has launched the Nigerian Engineering Olympiad (NEO), a transformative initiative designed to nurture innovation and produce industry-ready professionals. The Olympiad, officially unveiled in Abuja, seeks to inspire
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Canadian firm urges Nigerian investors to hedge against FX volatility
Port Harcourt – In a bid to help Nigerians safeguard their wealth amid rising currency volatility, Golden Gate Investments Inc., a Canadian investment firm, is encouraging investors to diversify into Canada’s real estate and private mortgage markets. The company’s founder and CEO, Andrew Enofe, spoke at an investor forum in Port Harcourt, describing the firm’s
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DecorExpo 2025 kicks off in Lagos, stakeholders push for policies to boost textile growth
Lagos is buzzing as the 5th International Furniture, Home Textile and Household Exhibition (DecorExpo 2025) officially launched on November 19 at the Landmark Event Centre, Victoria Island. The three-day event provides a key platform for stakeholders in the furniture and textile sectors to exchange ideas, strengthen partnerships, and explore opportunities between Nigeria and Turkiye. A
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NALDA leverages carbon credits to boost rural income and drive climate action
The National Agricultural Land Development Authority (NALDA) has unveiled a bold initiative to generate high-integrity carbon credits through its network of farm estates, aiming to accelerate rural wealth creation while supporting Nigeria’s ambition to become a middle-income economy. Speaking at NALDA’s COP30 side event in Belém, Brazil, Executive Secretary/CEO Cornelius Adebayo described the project as
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