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Nigeria’s manufacturing sector generated N9.16tn in nominal terms in the third quarter of 2025, but industry leaders say the growth remains too weak to support broad economic development. The latest GDP report from the National Bureau of Statistics shows the sector recorded a 1.25 per cent growth rate, which the Manufacturers Association of Nigeria described as slow and far b...
The Federal Inland Revenue Service has entered a new phase of international collaboration after signing a strategic cooperation agreement with the French government to modernise Nigeria’s tax administration and strengthen cross-border revenue enforcement. The agreement comes just weeks before FIRS officially transitions into the Nigeria Revenue Service (NRS) in January 2026 u...
Wema Bank has once again asserted its dominance in the Nigerian banking sector’s sporting arena after emerging overall champion at the Nigeria Bankers Game (NBG) 2025 Grand Finale, marking the institution’s fourth consecutive overall victory. The bank announced the achievement in a statement issued on Tuesday, describing the triumph as a milestone that reflec...
A heated confrontation broke out in the House of Representatives on Wednesday as lawmakers disagreed sharply over which committee should question the Governor of the Central Bank of Nigeria, Olayemi Cardoso, on allegations that the apex bank failed to remit more than ₦16tn in government revenues.
The commotion followed the adoption ...
Guinness Nigeria Plc has celebrated its 75th anniversary with a colourful dinner event in Lagos, marking a major milestone for one of Nigeria’s most iconic beverage companies. The event, themed “A Bold Past, A Bright Future,” brought together industry leaders, government officials, trade partners, diplomats, traditional rulers, regulators, staff, and media profession...
