Nigerian companies faced a muted start to 2026. A broad stagnation of new orders led to much slower rises in output and purchasing activity. More positively, employment continued to increase at a broadly similar pace to that seen at the end of 2025. Meanwhile, faster rises in purchase prices and …
Read More »P+ Measurement Services Releases 2025 Industry Media Reputation Report
Lagos, Nigeria – [2026] – P+ Measurement Services, Nigeria’s leading independent media intelligence consultancy, has released its 2025 Industry Media Reputation Report, revealing that corporate reputation has emerged as one of the most decisive assets for Nigerian companies, rivaling financial performance and market share in shaping public trust. The report analysed and …
Read More »Emirates and Marriott International to Bring First-Ever Ritz-Carlton Lodge Globally to Australia’s Wolgan Valley
Two leaders in travel come together to open Emirates Wolgan Valley, a Ritz-Carlton Lodge in mid-2026, signifying the global debut of ‘The Ritz-Carlton Lodge’ and a milestone project for New South Wales’ regional luxury tourism Emirates and Marriott International, Inc. (NASDAQ: MAR) have signed an agreement to open Emirates Wolgan …
Read More »Winning AFRIMA ‘Life-Changing’ Say Juma Jux, Folex as Stakeholders Meet in Tanzania
Fresh from their victories at the 9th All Africa Music Awards (AFRIMA) in Lagos, Nigeria, Tanzanian stars Juma Jux and Folex have described the platform as a major driver of global visibility for African creatives, as industry stakeholders met in Dar es Salaam to review the impact of the awards …
Read More »Dangote, NNPC Seal Strategic Gas Supply Agreements
Towards meeting the energy demands of their ongoing expansion projects, three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Plc have scaled up their Gas Sales and Purchase Agreements (GSPA) with subsidiaries of the Nigerian National Petroleum Company Limited (NNPC Ltd): Nigerian Gas Marketing …
Read More »If Capital is the Answer, What Exactly is the Problem with First Holdco?
BY BLAISE UDUNZE The Olayemi Cardoso-led Central Bank of Nigeria’s 24-month compliance timeline for the recapitalization of Nigeria’s banking system is about to conclude on March 31, 2026, which is framed as an unavoidable solution to systemic fragility, weak balance sheets, and the demands of a larger, more complex …
Read More »FIRST HOLDCO PLC – TAKING THE BULL BY THE HORN WITH A RECORD IMPAIRMENT CHARGE; GROWS GROSS EARNINGS TO N3.4 TRILLION FOR THE UNAUDITED FULL YEAR ENDED DECEMBER 31, 2025.
First HoldCo Plc has announced its unaudited financial results for the year ended 31 December 2025, reflecting a year of deliberate strategic actions aimed at strengthening its balance sheet, improving asset quality, and positioning the business for more resilient and sustainable growth amidst successful capital raise activities. As stated in …
Read More »WEMA BANK LAUNCHES “EVOLUTION OF LOVE” CAMPAIGN FOR VALENTINE’S DAY
…Offers celebrity performance for newly-weds and other gifts for singles, friends and couples* . Following the launch of “ALAT: The Evolution”, Wema Bank, Nigeria’s oldest indigenous bank, most innovative and pioneer of Africa’s first fully digital bank, ALAT, has launched its 2026 Valentine’s campaign tagged “Evolution of Love, powered by …
Read More »Three arrested in Kano over fake N75m bank alert for car purchase
The Kano State Police Command says it has arrested three suspects over the alleged purchase of a luxury vehicle using a fake bank transfer alert. The arrests were disclosed in a statement issued by Abdullahi Kiyawa, police spokesperson, on Friday. “Operatives of its Special Intervention Squad apprehended Ibrahim Tijjani, Jamilu …
Read More »Dangote, China’s XCMG Seal Strategic Partnership on Infrastructure, Mining and Green Equipment
The Pan-Africa Conglomerate, Dangote Industries Limited has entered into a strategic cooperation agreement with XCMG Construction Machinery Co. Ltd, one of China’s leading construction and mining equipment manufacturers, in a move aimed at strengthening infrastructure delivery, industrial capacity and green project development across Africa. Under the agreement, the two companies …
Read More »
DailyrecordNg …Nigeria's hottest news blog