… to deliver a combined daily capacity of low-emission, 16,940 metric tons thyssenkrupp Uhde Fertilizer Technology (UFT), a subsidiary of thyssenkrupp Uhde, has entered into a strategic agreement with Dangote Fertiliser Limited (DFL) to license its advanced UFT Fluid Bed Granulation Technology for four new urea granulation units in Nigeria. The …
Read More »CBN’s $1 Trn Mirage: Why Nigeria’s Real Sector Holds the Missing Key
BY BLAISE UDUNZE When the Central Bank of Nigeria (CBN) recently declared that the country was on course to becoming a $1 trillion economy through ongoing banking reforms, the statement was met with cautious optimism. To many, it sounded like a long-awaited promise of prosperity as a declaration that Nigeria’s …
Read More »AEDC confirms mass sack of workers, cites restructuring
Tony Elumelu’s AEDC lays-off 800 workers amid epileptic power supply The Abuja Electricity Distribution Company (AEDC), a power distribution firm owned by billionaire businessman, Tony Elumelu, has confirmed the mass layoff of its workers amid persistent power outages across the country. The Witness had earlier reported that the DisCo …
Read More »Fidelity Bank Champions Support for the Elderly
Leading financial institution, Fidelity Bank Plc, has reaffirmed its commitment to social responsibility by extending support to senior citizens at the Old People’s Home in Yaba, Lagos. The outreach was championed by the Prolific Inductees Class of 2025 under the Fidelity Helping Hands Program (FHHP), the bank’s flagship …
Read More »Fidelity Bank Partners NCF and Lagos State to Promote Responsible Waste Management
In a bold move to promote environmental sustainability and inspire a culture of responsible waste management amongst Nigerians, leading financial institution, Fidelity Bank Plc has donated large-capacity recycling bins to Yaba College of Technology (YABATECH), Lagos. The donation was made during the 19th edition of the Walk for …
Read More »Osun Development Association to Host Osun Development Summit, 30th Anniversary
The Osun Development Association (ODA) a non-partisan and non-sectarian group of prominent Osun State indigenes has concluded plans to host the maiden edition of Osun Development Summit with the theme, “Developing a Sustainable Blueprint for Sub-National Development through Public-Private Sector Synergy”. Scheduled for December 4, 2025 in the State …
Read More »50th Independence Celebration: Angola Govt to Honour Nigeria’s Ex-President Murtala Muhammed
As part of activities marking the 50th Anniversary of Angola’s Independence, the Government of the Republic of Angola, under the leadership of President João Manuel Gonçalves Lourenço, has announced the conferment of a National Order of Honour on Nigeria’s late Head of State, General Murtala Ramat Muhammed, GCFR. …
Read More »Glo debuts ‘Take a Guess’ Trivia with Cash, Prizes for Participants
Innovative telecoms provider Globacom, has introduced an engaging new trivia game, Glo Take a Guess, giving customers the opportunity to win attractive rewards including airtime, data, and cash prizes. The interactive lottery service allows participants to test their knowledge across a range of lifestyle and topical questions, with prizes of …
Read More »Banks’ N1.96Trn Black Hole: Who Took the Loans, Who Defaulted, and Why the Real Economy Suffers
By BLAISE UDUNZE Nigeria’s banking sector has entered a season of reckoning. Eight of the nation’s biggest banks have collectively booked N1.96 trillion in impairment charges in just the first nine months of 2025 which represents a staggering 49 percent increase from the N1.32 trillion recorded in the same period of 2024. …
Read More »Stanbic IBTC Pension Managers supports ART X Lagos 2025 to celebrate African creativity
As West Africa’s leading art fair, ART X Lagos, marks its 10th anniversary themed Imagining Otherwise, No Matter the Tide, Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, celebrates its ongoing belief in the power of art to spark dialogue, deepen knowledge, and strengthen community through its sponsorship of this year’s fair. …
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