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Nestlé Empowers 250 Food Vendors in Bauchi With New Skills

28.08.2025
Nestlé Professional, the out-of-home business arm of Nestlé Nigeria, has extended its flagship Business of Food workshop series to Bauchi State, empowering over 250 food vendors, canteen operators, grillers, and caterers with vital culinary and business skills. In a statement made available to our correspondent on Tuesday, in its 11th edition, the workshop is designed...
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Coronation Unveils Nigeria’s Largest Infrastructure Fund

28.08.2025
Coronation Asset Management has officially listed the Coronation Infrastructure Fund, Nigeria’s largest Series I infrastructure fund, on the Main Board of the Nigerian Exchange, deepening access to infrastructure as an investable asset class. The N8.79 bn listing comprises 87.9 million units priced at N100 per unit, positioning CIF as a category-defining product in Nigeria’s capital...
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Minister Calls for Urgent Ac

28.08.2025
The Minister of Water Resources and Sanitation, Prof. Joseph Utsev, has said Nigeria’s journey towards sustainable development will remain incomplete unless access to safe water is guaranteed for every citizen. He said this in Abuja at the launch of the Nestlé Water Quality Advocacy Campaign on Wednesday. The minister was represented by the ministry’s Director...
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Afroganiks Targets $6.3tn Global African Wellness Market

28.08.2025
Afroganiks Industries Limited, a Nigerian health and wellness company, has declared its readiness to make a significant impact in the global wellness market, valued at a staggering $6.3tn. With a bold multinational business model, the company aims to expand its footprint across Africa, create thousands of jobs, and champion a new era of African-led health...
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Nigeria Challenges $1.5bn War Risk Insurance Premiums

28.08.2025
The Federal Government has commenced discussions with international insurers, including the International Chamber of Shipping and Lloyd’s of London, among others, to prove that Nigeria has secured its waters, in a bid to stop the huge loss of $1.5bn paid as war risk insurance premiums for Nigerian bond cargoes. The Minister of Marine and Blue...
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China Donates $1M to Nigeria Flood Relief Efforts

28.08.2025
The Federal Government’s flood relief efforts were boosted on Wednesday as the Chinese government donated $1m to support victims in the northern states. The Minister of Budget and Economic Planning, Abubakar Bagudu, signed the exchange notes on the financial support with the Chinese Ambassador to Nigeria, Yu Dunhai, in Abuja. Bagudu, in a statement on...
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Rotary Urges Global Service, Impacting Communities

28.08.2025
The Rotary Club in Lagos has called on Nigerians and the international community to adopt the values of service and giving, as the organisation deepened public awareness of its activities. Speaking at the Rotary Public Image Seminar held in Lagos on Tuesday with the theme ‘Beyond the Logo: Building a Compliant and Impactful Rotary Image,’...
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CBN Mandates Payment System Upgrade by October 31

28.08.2025
The Central Bank of Nigeria has issued a fresh directive mandating all participants in the country’s payment ecosystem to complete migration to the ISO 20022 messaging standard and implement mandatory geo-tagging of payment terminals by October 31, 2025. In a circular published on its website on Tuesday, the apex bank reminded Deposit Money Banks, Microfinance...
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Abuja-Kaduna Train Derailment Injures Several

28.08.2025
A passenger train travelling from Abuja to Kaduna derailed on Tuesday morning, leaving several carriages overturned and triggering panic among those on board. The incident occurred around 11:09 am at KM 49 between Kubwa Station and Asham Station. According to eyewitnesses, the derailment happened without warning, causing confusion and chaos as passengers rushed out of...
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