The cost of a 50kg bag has gone up to between N10,500 and N11,000 across several states, as builders and consumers grapple with higher construction expenses.
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Flight delays: NCAA plans tougher penalties for Nigerian airlines
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Union Bank releases strong statement after CBN announced banks which met recapitalisation goal
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Aig-Imoukhuede Foundation Opens Applications for Sixth Cohort of Flagship Public Leaders Programme
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Recapitalisation: Mergers, acquisitions loom as 13 banks face uncertainty ahead of March 31 deadline
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4 weeks to CBN deadline: Which Nigerian banks are safe and who is still racing against time?
Industry Latest News
Unity–Providus merger surpasses CBN N200bn recapitalisation benchmark, final approval in view
Unity Bank and Providus Bank's merger has exceeded N200 billion in capital, gaining regulatory backing to enhance service delivery for customers and SMEs .
Rabiu’s net worth hits $12.3bn as BUA Foods, BUA Cement rally at NGX
Nigerian businessman Abdulsamad Rabiu’s net worth has risen to an estimated $12.3 billion as of February 18, 2026, according to figures tracked by Bloomberg.
Dangote advises FG on how to solve power crisis, industrial challenges
Aliko Dangote, president of Dangote Industries Limited, has urged the federal government to convene a national retreat to address Nigeria’s electricity challenges.
FAAN to end all cash transactions nationwide, announces implementation date
FAAN has directed the immediate end of all cash transactions across its operations nationwide as part of the Federal Government’s cashless policy.
Dial the code: GTBank launches Quick Airtime Loan of up to N10,000
Guaranty Trust Bank launches Quick Airtime Loan, merging banking and fintech for instant airtime access, enhancing customer experience via seamless integration.
FG unveils new industrial policy, proposes N3tn Bank of Industry recapitalisation
The Federal Government of Nigeria has launched a new industrial policy to revive inactive factories and strengthen Nigeria's domestic manufacturing.
Beta Glass welcomes new ownership following acquisition by Helios Investment Partners
Frigoglass Group has sold its stake in Frigoinvest Nigeria, enhancing Beta Glass's growth potential under Helios Investment Partners' expertise in Africa's markets.
Global investors, West African ministers set to shape industrial future at West Africa IMT 2026
Join industry leaders at the IMT Summit & Exhibition in Lagos, 3–5 March 2026, to explore practical solutions for energy supply, financing, and AfCFTA implementation
Nigerian airline reports 2nd bird strike in 24 hours, 4th in 2026
United Nigeria Airlines has reported a second bird strike within 24 hours, grounding an Airbus A320, causing flight disruptions and aircraft withdrawal.
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