•An aso-oke dealer displays finished aso-oke The Manufacturers Association of Nigeria (MAN) has called for stakeholder engagement over the Senate’s proposal to ban the import of textile materials. MAN’s Director-General, Segun Ajayi-Kadir, suggested this during an interview on Channels Television today. “I want to appeal to the National Assemb...
•Bags of charcoal Many households now turn to charcoal, an alternative that is increasingly becoming expensive as demand grows. Across several states, including Kaduna, Kano, Ondo, Kwara and the Federal Capital Territory (FCT, among others, residents say they are struggling to cope with the soaring cost of both cooking gas and charcoal. Consum...
•The Dangote Refinery Africa’s largest financial institution, Standard Bank Group, has reaffirmed its commitment to support the growth of Dangote Industries Limited, pledging backing for the planned listing of the Dangote Petroleum Refinery while expressing readiness to finance future expansion projects across the continent. The commitment cam...
•Lekki seaport, Lagos Foreign investment into Nigeria’s production and manufacturing sector declined sharply by 50.7 percent quarter-on-quarter to $152.27 million in the first quarter of 2026 (Q1’26), down from $308.93 million recorded in the preceding quarter (Q4’25), according to the latest Capital Importation Report released by the Nationa...
•Tinubu and IMF logo The International Monetary Fund said today that reforms implemented by the Nigerian government had strengthened the country’s economy, but warned that more than 60 percent of Nigerians now live in poverty. Since taking office just over three years ago, President Bola Tinubu has removed a costly fuel subsidy that had kept [...
•Nigerian Senate The Senate has asked the federal government to impose an outright ban on the importation of foreign textile materials as part of efforts to revive Nigeria’s struggling textile industry and stimulate local cotton production. The upper chamber also urged the federal government, through the Ministries of Agriculture and Trade and...
•A prototype of an airport For the umpteenth time, the International Air Transport Association (IATA) has mentioned Nigeria as one of the most expensive countries in the world to operate an airline business. The association cited high operational costs that continue to challenge the viability and growth of local carriers, reports The Guardian....
One of Nigeria’s leading carriers, United Nigeria Airlines, on Monday, June 1, rewarded its passengers with the recently released Samsung Galaxy phones in the Awesome Row partnership it has with the phone company. The winners, Hamid Ibrahim, Chidi Chinedu, and Gbenga Bello, were among passengers selected through an onboard lucky dip on the Lag...
The Central Bank of Nigeria has set a N100m penalty for banks that process foreign exchange transactions without adequate documentation as part of a sweeping compliance regime unveiled in its newly released Foreign Exchange Manual. Under the offences and sanctions section of the fourth edition of the manual, the apex bank stated, “Authorised d...
A deepening aviation fuel crisis is threatÂening flight operations across Nigeria as the local gantry acquisition cost of Jet A-1 from the Dangote Refinery continues to trade at a significant premium above international benchmarks, according to marketers. They said this has forced a major oil marketing company to issue formal letÂters to airli...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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