Search Results for “ex” – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Sun, 23 Aug 2026 01:54:30 +0000 en-US hourly 1 https://wordpress.org/?v=7.1 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Search Results for “ex” – InfoStride News https://www.theinfostride.com 32 32 Hull City Loss Will Not Derail MUFC’s Long-Term Project – Carrick https://www.theinfostride.com/hull-city-loss-will-not-derail-mufcs-long-term-project-carrick/ https://www.theinfostride.com/hull-city-loss-will-not-derail-mufcs-long-term-project-carrick/#respond Sun, 23 Aug 2026 01:30:08 +0000 https://www.theinfostride.com/?p=490532 Manchester United manager Michael Carrick has said that his side’s shock 2-0 defeat to newly-promoted Hull City will not derail the club’s long-term project. He recently had his say while speaking to the press, and fans have been reacting. Stressing that it was frustrating to concede 2 set piece goals, Carrick stated that one loss [...]

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]]> https://www.theinfostride.com/hull-city-loss-will-not-derail-mufcs-long-term-project-carrick/feed/ 0 Divorcing Omoni Oboli Is Not An Option – Husband https://www.theinfostride.com/divorcing-omoni-oboli-is-not-an-option-husband/ https://www.theinfostride.com/divorcing-omoni-oboli-is-not-an-option-husband/#respond Sun, 23 Aug 2026 01:00:34 +0000 https://www.theinfostride.com/?p=490537 Nollywood actress Omoni Oboli’s husband, Nnamdi Oboli, has revealed that love has kept their marriage going for many years. He recently had his say during an interview with NAOMI CHIMA, and fans have been reacting. Stressing that staying married to Omoni is simple because they are good friends, Nnamdi stated that their bond has grown [...]

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]]> https://www.theinfostride.com/divorcing-omoni-oboli-is-not-an-option-husband/feed/ 0 Yildiz Is Not Joining Arsenal This Summer – Spalletti https://www.theinfostride.com/yildiz-is-not-joining-arsenal-this-summer-spalletti/ https://www.theinfostride.com/yildiz-is-not-joining-arsenal-this-summer-spalletti/#respond Sun, 23 Aug 2026 00:30:06 +0000 https://www.theinfostride.com/?p=490528 Juventus manager Luciano Spalletti has reacted to Arsenal’s interest in Kenan Yildiz. He recently had his say while speaking to the press, and fans have been reacting. According to him, the Turkish international remains a fundamental part of the long-term project in Turin, regardless of the figures being mentioned in the transfer market. Spalletti added [...]

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]]> https://www.theinfostride.com/yildiz-is-not-joining-arsenal-this-summer-spalletti/feed/ 0 Usain Bolt Proposes to Longtime Girlfriend On His Birthday https://www.theinfostride.com/usain-bolt-proposes-to-longtime-girlfriend-on-his-birthday/ https://www.theinfostride.com/usain-bolt-proposes-to-longtime-girlfriend-on-his-birthday/#respond Sun, 23 Aug 2026 00:00:39 +0000 https://www.theinfostride.com/?p=490526 Popular athlete Usain Bolt has proposed to his longtime partner, Kasi Bennett. He recently popped the question during his 40th birthday celebration in Kingston, Jamaica. Bennett showed off a 5-carat pear-shaped diamond engagement ring in photos shared via her social media page, and fans have been reacting. The eight-time Olympic gold medalist was pictured with [...]

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]]> https://www.theinfostride.com/usain-bolt-proposes-to-longtime-girlfriend-on-his-birthday/feed/ 0 Hull City Players Were Tactically Disciplined Agsnst MUFC – Manager https://www.theinfostride.com/hull-city-players-were-tactically-disciplined-agsnst-mufc-manager/ https://www.theinfostride.com/hull-city-players-were-tactically-disciplined-agsnst-mufc-manager/#respond Sat, 22 Aug 2026 23:30:44 +0000 https://www.theinfostride.com/?p=490524 Hull City manager Sergej Jakirovic has hailed his side’s tactical discipline against Manchester United. This comes after the newly-promoted Tigers secured a historic 2-0 victory over MUFC, and fans have been reacting. Hailing the resilience shown by his squad, Sergej revealed that his players deserve praise for being organized against a quality opponent like MUFC. [...]

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]]> https://www.theinfostride.com/hull-city-players-were-tactically-disciplined-agsnst-mufc-manager/feed/ 0 REA Seals Groundbreaking MOUs for ₦500 Billion Renewable Energy Investment https://www.theinfostride.com/rea-seals-groundbreaking-mous-for-%e2%82%a6500-billion-renewable-energy-investment/ https://www.theinfostride.com/rea-seals-groundbreaking-mous-for-%e2%82%a6500-billion-renewable-energy-investment/#respond Sat, 22 Aug 2026 19:35:40 +0000 https://www.theinfostride.com/?p=463449 The Rural Electrification Agency (REA) of Nigeria has formalized a series of memoranda of understanding (MOUs) with multiple investment partners to mobilize approximately ₦500 billion in funding for off-grid renewable energy projects. The agreements were signed in Abuja during a high-level energy and infrastructure summit, signaling strong momentum toward Nigeria’s decarbonization agenda and rural electrification [...]

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]]> https://www.theinfostride.com/rea-seals-groundbreaking-mous-for-%e2%82%a6500-billion-renewable-energy-investment/feed/ 0 Terminal Operator Launches Women-Focused Empowerment Initiative https://www.theinfostride.com/terminal-operator-launches-women-focused-empowerment-initiative/ https://www.theinfostride.com/terminal-operator-launches-women-focused-empowerment-initiative/#respond Sat, 22 Aug 2026 19:35:36 +0000 https://www.theinfostride.com/?p=462947 A leading terminal operator in Nigeria has launched a groundbreaking empowerment programme tailored exclusively for women in its host communities, aiming to boost economic inclusion and foster sustainable livelihoods. The initiative, which blends skill development, financial literacy, and mentorship, is designed to unearth female entrepreneurship potential and deliver long-term impact across diverse sectors. At the [...]

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]]> https://www.theinfostride.com/terminal-operator-launches-women-focused-empowerment-initiative/feed/ 0 FG, AfDB Join Forces with Saglev to Boost Electric Vehicle Production in Nigeria https://www.theinfostride.com/fg-afdb-join-forces-with-saglev-to-boost-electric-vehicle-production-in-nigeria/ https://www.theinfostride.com/fg-afdb-join-forces-with-saglev-to-boost-electric-vehicle-production-in-nigeria/#respond Sat, 22 Aug 2026 19:35:35 +0000 https://www.theinfostride.com/?p=463452 The Federal Government of Nigeria has partnered with the African Development Bank (AfDB) and indigenous electric vehicle company, Saglev Electromobility Nigeria Limited, to accelerate electric vehicle (EV) manufacturing and clean transportation infrastructure across the country. This collaboration is seen as a major step toward reducing carbon emissions, promoting sustainable mobility, and enhancing Nigeria’s local industrial [...]

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]]> https://www.theinfostride.com/fg-afdb-join-forces-with-saglev-to-boost-electric-vehicle-production-in-nigeria/feed/ 0 Lagos Port Operator Launches Renewable Energy Initiative https://www.theinfostride.com/lagos-port-operator-launches-renewable-energy-initiative/ https://www.theinfostride.com/lagos-port-operator-launches-renewable-energy-initiative/#respond Sat, 22 Aug 2026 19:35:30 +0000 https://www.theinfostride.com/?p=463441 Lagos’s main port terminal operator has unveiled a comprehensive transition plan aimed at integrating solar energy across its facilities, signaling a shift toward cleaner, more reliable power sources for cargo operations, warehouses, and administrative centres. The initiative seeks to reduce greenhouse gas emissions, lower electricity costs, and protect terminal operations from disruptions caused by Nigeria’s [...]

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]]> https://www.theinfostride.com/lagos-port-operator-launches-renewable-energy-initiative/feed/ 0 CHAMS Achieves 42% Surge in Revenue, Signaling Strong Market Momentum https://www.theinfostride.com/chams-achieves-42-surge-in-revenue-signaling-strong-market-momentum/ https://www.theinfostride.com/chams-achieves-42-surge-in-revenue-signaling-strong-market-momentum/#respond Sat, 22 Aug 2026 19:35:30 +0000 https://www.theinfostride.com/?p=463455 CHAMS Plc, a leading identity management and technology services company in Nigeria, has posted an impressive 42 percent year-on-year increase in revenue during its most recent financial reporting period, underscoring the firm’s expanding relevance in the digital identity and business solutions market. According to the company’s audited accounts, revenue rose from ₦5.9 billion in the [...]

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]]> https://www.theinfostride.com/chams-achieves-42-surge-in-revenue-signaling-strong-market-momentum/feed/ 0 Rotary Delivers Medical Support to Marginalized Communities https://www.theinfostride.com/rotary-delivers-medical-support-to-marginalized-communities/ https://www.theinfostride.com/rotary-delivers-medical-support-to-marginalized-communities/#respond Sat, 22 Aug 2026 19:35:28 +0000 https://www.theinfostride.com/?p=463540 Rotary International has extended its commitment to humanitarian service by providing crucial healthcare aid to underserved communities across Nigeria. The initiative, spearheaded by various Rotary Clubs in partnership with local medical professionals, targets rural and low-income areas where access to basic healthcare services remains limited or entirely unavailable. As part of the outreach, thousands of [...]

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]]> https://www.theinfostride.com/rotary-delivers-medical-support-to-marginalized-communities/feed/ 0 Providus Bank Reaffirms Support for Small and Medium Enterprises https://www.theinfostride.com/providus-bank-reaffirms-support-for-small-and-medium-enterprises/ https://www.theinfostride.com/providus-bank-reaffirms-support-for-small-and-medium-enterprises/#respond Sat, 22 Aug 2026 19:30:27 +0000 https://www.theinfostride.com/?p=463446 Providus Bank has reiterated its strong commitment to supporting small and medium-sized enterprises (SMEs) across Nigeria, reaffirming that the sector remains central to its business strategy. During its annual SME forum held in Lagos, the bank emphasised its intention to deepen financial and advisory services geared at nurturing MSMEs and facilitating their growth in a [...]

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]]> https://www.theinfostride.com/providus-bank-reaffirms-support-for-small-and-medium-enterprises/feed/ 0 NESG Cautions That Nigeria’s Policy Decisions Ripple Across Africa https://www.theinfostride.com/nesg-cautions-that-nigerias-policy-decisions-ripple-across-africa/ https://www.theinfostride.com/nesg-cautions-that-nigerias-policy-decisions-ripple-across-africa/#respond Sat, 22 Aug 2026 19:30:21 +0000 https://www.theinfostride.com/?p=463546 The Nigerian Economic Summit Group (NESG) has raised fresh concerns over the broader implications of Nigeria’s domestic policy decisions, warning that the country’s strategic choices are not only shaping its own future but also influencing economic trends and political developments across the African continent. Speaking during a recent policy dialogue in Abuja, the NESG emphasized [...]

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]]> https://www.theinfostride.com/nesg-cautions-that-nigerias-policy-decisions-ripple-across-africa/feed/ 0 Federal Government Hails Chief Owolabi Salis on Landmark Space Mission Achievement https://www.theinfostride.com/federal-government-hails-chief-owolabi-salis-on-landmark-space-mission-achievement/ https://www.theinfostride.com/federal-government-hails-chief-owolabi-salis-on-landmark-space-mission-achievement/#respond Sat, 22 Aug 2026 19:30:21 +0000 https://www.theinfostride.com/?p=463549 The Federal Government has extended heartfelt congratulations to Chief Owolabi Salis following his historic involvement in a recent international space mission. As a distinguished Nigerian figure taking part in this scientific venture, Salis’ participation marks a symbolic and inspirational moment in the country’s pursuit of technological and aerospace excellence. At a media briefing in Abuja, [...]

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]]> https://www.theinfostride.com/federal-government-hails-chief-owolabi-salis-on-landmark-space-mission-achievement/feed/ 0 Female Bank Executives Achieve ₦18.8 Million Profit Surplus https://www.theinfostride.com/female-bank-executives-achieve-%e2%82%a618-8-million-profit-surplus/ https://www.theinfostride.com/female-bank-executives-achieve-%e2%82%a618-8-million-profit-surplus/#respond Sat, 22 Aug 2026 19:30:20 +0000 https://www.theinfostride.com/?p=463458 Nigeria’s financial sector is witnessing a noteworthy achievement as women-led banking teams collectively posted a combined surplus of ₦18.8 million in the latest reporting period. This impressive performance reflects their growing influence in a traditionally male‑dominated industry and marks a significant milestone in gender representation within banking leadership. The surplus, representing earnings above operating costs, [...]

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]]> https://www.theinfostride.com/female-bank-executives-achieve-%e2%82%a618-8-million-profit-surplus/feed/ 0 Federal Government Boosts Electric Vehicle Awareness via University Innovation Contest https://www.theinfostride.com/federal-government-boosts-electric-vehicle-awareness-via-university-innovation-contest/ https://www.theinfostride.com/federal-government-boosts-electric-vehicle-awareness-via-university-innovation-contest/#respond Sat, 22 Aug 2026 19:30:18 +0000 https://www.theinfostride.com/?p=463554 In a strategic move to accelerate the adoption of electric vehicles (EVs) in Nigeria, the Federal Government has launched a nationwide university innovation challenge, inviting students to develop creative and practical solutions for the country’s transition to sustainable transportation. The initiative is part of broader efforts to encourage local research, innovation, and awareness around the [...]

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]]> https://www.theinfostride.com/federal-government-boosts-electric-vehicle-awareness-via-university-innovation-contest/feed/ 0 Digitvant Provides Business Loans to Over 50,000 Enterprises https://www.theinfostride.com/digitvant-provides-business-loans-to-over-50000-enterprises/ https://www.theinfostride.com/digitvant-provides-business-loans-to-over-50000-enterprises/#respond Sat, 22 Aug 2026 19:26:13 +0000 https://www.theinfostride.com/?p=463443 Digitvant, a leading digital lending firm in Nigeria, has announced that it has successfully disbursed loans to more than 50,000 small and medium enterprises (SMEs) across the nation. The move underscores the company’s rapid expansion and commitment to addressing financing gaps in the informal and micro-enterprise segment. Since launching its lending platform in mid-2023, Digitvant [...]

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]]> https://www.theinfostride.com/digitvant-provides-business-loans-to-over-50000-enterprises/feed/ 0 Electricity Workers Call Off Strike, Restore Power Supply Across Nigeria https://www.theinfostride.com/electricity-workers-call-off-strike-restore-power-supply-across-nigeria/ https://www.theinfostride.com/electricity-workers-call-off-strike-restore-power-supply-across-nigeria/#respond Sat, 22 Aug 2026 19:25:59 +0000 https://www.theinfostride.com/?p=467359 The nationwide blackout that gripped Nigeria over the past 48 hours has begun to ease after the National Union of Electricity Employees (NUEE) announced the suspension of its strike on Wednesday night. The strike, which had thrown homes, businesses, and industries into darkness, was called off following a marathon meeting between electricity sector unions and [...]

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]]> https://www.theinfostride.com/electricity-workers-call-off-strike-restore-power-supply-across-nigeria/feed/ 0 CBN Reduces Interest Rate to 27% to Stimulate Growth and Ease Borrowing Costs https://www.theinfostride.com/cbn-reduces-interest-rate-to-27-to-stimulate-growth-and-ease-borrowing-costs/ https://www.theinfostride.com/cbn-reduces-interest-rate-to-27-to-stimulate-growth-and-ease-borrowing-costs/#respond Sat, 22 Aug 2026 19:25:59 +0000 https://www.theinfostride.com/?p=467119 The Central Bank of Nigeria (CBN) has announced a reduction in its benchmark interest rate, lowering the Monetary Policy Rate (MPR) to 27 percent. The move marks the first downward adjustment in months and signals the apex bank’s bid to ease credit conditions, stimulate investment, and consolidate gains from falling inflation. The decision was reached [...]

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]]> https://www.theinfostride.com/cbn-reduces-interest-rate-to-27-to-stimulate-growth-and-ease-borrowing-costs/feed/ 0 FCMB Group Reports Gross Earnings of ₦529.2 Billion https://www.theinfostride.com/fcmb-group-reports-gross-earnings-of-%e2%82%a6529-2-billion/ https://www.theinfostride.com/fcmb-group-reports-gross-earnings-of-%e2%82%a6529-2-billion/#respond Sat, 22 Aug 2026 19:25:12 +0000 https://www.theinfostride.com/?p=463556 FCMB Group, one of Nigeria’s leading financial conglomerates, has announced gross earnings totaling ₦529.2 billion in its recent financial results, underlining strong performance across its banking, wealth management, and investment operations. This marks a significant growth trajectory for the Group amid challenging macroeconomic conditions. The reported figure represents an impressive year-on-year increase, driven by higher [...]

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]]> https://www.theinfostride.com/fcmb-group-reports-gross-earnings-of-%e2%82%a6529-2-billion/feed/ 0 ICC Annual Meeting to Spotlight Global Maritime Trade https://www.theinfostride.com/icc-annual-meeting-to-spotlight-global-maritime-trade/ https://www.theinfostride.com/icc-annual-meeting-to-spotlight-global-maritime-trade/#respond Sat, 22 Aug 2026 19:25:06 +0000 https://www.theinfostride.com/?p=463543 The upcoming Annual General Meeting (AGM) of the International Chamber of Commerce (ICC) is set to place significant emphasis on maritime trade, as stakeholders across global shipping, logistics, and policy sectors prepare to gather for the high-level event. The ICC, known for its role in fostering international trade standards and commercial cooperation, announced that this [...]

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]]> https://www.theinfostride.com/icc-annual-meeting-to-spotlight-global-maritime-trade/feed/ 0 NGX Landslide Deepens with N265bn Loss https://www.theinfostride.com/ngx-landslide-deepens-with-n265bn-loss/ https://www.theinfostride.com/ngx-landslide-deepens-with-n265bn-loss/#respond Sat, 22 Aug 2026 19:25:03 +0000 https://www.theinfostride.com/?p=405787 The Nigerian Exchange (NGX) extended its bearish run as investors lost N265 billion in market value, deepening concerns over persistent sell-offs and weak market sentiment. The downturn, which has affected several key sectors, reflects growing investor caution amid economic uncertainties and global financial pressures. The latest decline saw the NGX All-Share Index drop further, erasing [...]

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]]> https://www.theinfostride.com/ngx-landslide-deepens-with-n265bn-loss/feed/ 0 Zenith Bank Reports ₦2.5tn Gross Earnings in First Half of 2025, Signals Strong Growth Momentum https://www.theinfostride.com/zenith-bank-reports-%e2%82%a62-5tn-gross-earnings-in-first-half-of-2025-signals-strong-growth-momentum/ https://www.theinfostride.com/zenith-bank-reports-%e2%82%a62-5tn-gross-earnings-in-first-half-of-2025-signals-strong-growth-momentum/#respond Sat, 22 Aug 2026 19:20:55 +0000 https://www.theinfostride.com/?p=467125 Zenith Bank Plc has announced its financial results for the first half (H1) of 2025, recording a remarkable surge in gross earnings to ₦2.5 trillion. The performance reaffirms the bank’s position as one of Nigeria’s most resilient and profitable financial institutions, despite a challenging macroeconomic environment and tightening global financial conditions. The new figures represent [...]

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]]> https://www.theinfostride.com/zenith-bank-reports-%e2%82%a62-5tn-gross-earnings-in-first-half-of-2025-signals-strong-growth-momentum/feed/ 0 MAN Warns FG’s Tax Stamp Plan Could Worsen Burden on Consumers https://www.theinfostride.com/man-warns-fgs-tax-stamp-plan-could-worsen-burden-on-consumers/ https://www.theinfostride.com/man-warns-fgs-tax-stamp-plan-could-worsen-burden-on-consumers/#respond Sat, 22 Aug 2026 19:20:50 +0000 https://www.theinfostride.com/?p=467167 The Manufacturers Association of Nigeria (MAN) has raised fresh concerns over the Federal Government’s proposed tax stamp policy, warning that the move could increase production costs, hurt local manufacturers, and ultimately shift the financial burden onto consumers. The association stressed that at a time when Nigerians are grappling with inflation, high energy costs, and dwindling [...]

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]]> https://www.theinfostride.com/man-warns-fgs-tax-stamp-plan-could-worsen-burden-on-consumers/feed/ 0 Stanbic IBTC Posts N173.4bn Profit on Robust Interest Income Growth https://www.theinfostride.com/stanbic-ibtc-posts-n173-4bn-profit-on-robust-interest-income-growth/ https://www.theinfostride.com/stanbic-ibtc-posts-n173-4bn-profit-on-robust-interest-income-growth/#respond Sat, 22 Aug 2026 19:20:45 +0000 https://www.theinfostride.com/?p=467093 Stanbic IBTC Holdings Plc has announced an impressive profit after tax of N173.4 billion for the first half of 2025, a performance that underscores the bank’s resilience in Nigeria’s evolving financial landscape. The results, filed with the Nigerian Exchange (NGX), highlighted the Group’s ability to leverage its diversified operations, even amid macroeconomic pressures. The bank [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-posts-n173-4bn-profit-on-robust-interest-income-growth/feed/ 0 Standards Organisation of Nigeria Applauds Dangote Cement for Exemplary Corporate Practices https://www.theinfostride.com/standards-organisation-of-nigeria-applauds-dangote-cement-for-exemplary-corporate-practices/ https://www.theinfostride.com/standards-organisation-of-nigeria-applauds-dangote-cement-for-exemplary-corporate-practices/#respond Sat, 22 Aug 2026 19:15:17 +0000 https://www.theinfostride.com/?p=467128 The Standards Organisation of Nigeria (SON) has commended Dangote Cement Plc for its consistent adherence to industry standards, ethical conduct, and corporate best practices that have positioned the company as a leading player in Africa’s cement industry. The recognition, coming at a time when Nigerian companies are under increasing scrutiny to uphold international standards, underscores [...]

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]]> https://www.theinfostride.com/standards-organisation-of-nigeria-applauds-dangote-cement-for-exemplary-corporate-practices/feed/ 0 Nigeria’s Economy Expands by 4.23% in Q2 2025, Says NBS https://www.theinfostride.com/nigerias-economy-expands-by-4-23-in-q2-2025-says-nbs/ https://www.theinfostride.com/nigerias-economy-expands-by-4-23-in-q2-2025-says-nbs/#respond Sat, 22 Aug 2026 19:15:08 +0000 https://www.theinfostride.com/?p=467025 Nigeria’s economy recorded a growth rate of 4.23 percent in the second quarter of 2025, according to the National Bureau of Statistics (NBS). The latest data reflect a continuation of the country’s economic rebound, with both oil and non-oil sectors contributing significantly to the expansion. The report has been welcomed by policymakers and private sector [...]

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]]> https://www.theinfostride.com/nigerias-economy-expands-by-4-23-in-q2-2025-says-nbs/feed/ 0 Falling Inflation Raises Hopes for Monetary Policy Easing in Nigeria https://www.theinfostride.com/falling-inflation-raises-hopes-for-monetary-policy-easing-in-nigeria/ https://www.theinfostride.com/falling-inflation-raises-hopes-for-monetary-policy-easing-in-nigeria/#respond Sat, 22 Aug 2026 19:10:42 +0000 https://www.theinfostride.com/?p=467052 Nigeria’s economy may be on the brink of a monetary policy shift as the country records another decline in inflation, sparking optimism among businesses, investors, and households that the Central Bank of Nigeria (CBN) could ease its tight monetary stance in the coming months. The latest figures from the National Bureau of Statistics (NBS) show [...]

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]]> https://www.theinfostride.com/falling-inflation-raises-hopes-for-monetary-policy-easing-in-nigeria/feed/ 0 ECOWAS Rolls Out New Social Protection Framework to Strengthen Safety Nets https://www.theinfostride.com/ecowas-rolls-out-new-social-protection-framework-to-strengthen-safety-nets/ https://www.theinfostride.com/ecowas-rolls-out-new-social-protection-framework-to-strengthen-safety-nets/#respond Sat, 22 Aug 2026 19:05:59 +0000 https://www.theinfostride.com/?p=466987 The Economic Community of West African States (ECOWAS) has taken a major step toward addressing poverty and inequality across the region with the launch of its new Social Protection Framework and an accompanying operational plan. The initiative, which comes at a time when West Africa is grappling with multiple socio-economic challenges, aims to strengthen social [...]

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]]> https://www.theinfostride.com/ecowas-rolls-out-new-social-protection-framework-to-strengthen-safety-nets/feed/ 0 Stakeholders Reject National Carrier Concept, Advocate Flag Carrier Model https://www.theinfostride.com/stakeholders-reject-national-carrier-concept-advocate-flag-carrier-model/ https://www.theinfostride.com/stakeholders-reject-national-carrier-concept-advocate-flag-carrier-model/#respond Sat, 22 Aug 2026 19:05:55 +0000 https://www.theinfostride.com/?p=466989 Nigeria’s aviation sector has once again come under the spotlight as industry stakeholders strongly voiced their opposition to the revival of a government-owned national airline, insisting instead on the adoption of a flag carrier model. Their arguments, grounded in both past experiences and global trends, point to the risks of repeating mistakes that have historically [...]

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]]> https://www.theinfostride.com/stakeholders-reject-national-carrier-concept-advocate-flag-carrier-model/feed/ 0 CPPE Calls on CBN to Lower Interest Rates to Support SMEs https://www.theinfostride.com/cppe-calls-on-cbn-to-lower-interest-rates-to-support-smes/ https://www.theinfostride.com/cppe-calls-on-cbn-to-lower-interest-rates-to-support-smes/#respond Sat, 22 Aug 2026 19:05:55 +0000 https://www.theinfostride.com/?p=466991 The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to ease its current monetary stance by lowering policy rates in order to boost access to credit for small and medium-sized enterprises (SMEs). The call comes amid concerns that Nigeria’s tight monetary policies, though aimed at stabilizing the [...]

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]]> https://www.theinfostride.com/cppe-calls-on-cbn-to-lower-interest-rates-to-support-smes/feed/ 0 Nigeria’s E-commerce Market Projected to Surpass $16 Billion by 2030 – LBS https://www.theinfostride.com/nigerias-e-commerce-market-projected-to-surpass-16-billion-by-2030-lbs/ https://www.theinfostride.com/nigerias-e-commerce-market-projected-to-surpass-16-billion-by-2030-lbs/#respond Sat, 22 Aug 2026 19:05:51 +0000 https://www.theinfostride.com/?p=467047 Nigeria’s e-commerce market is on track to exceed $16 billion by 2030, according to new projections by the Lagos Business School (LBS). The forecast underscores the rapid growth of the digital economy in Africa’s largest market, buoyed by increased internet penetration, mobile adoption, a youthful population, and rising confidence in online transactions. The report highlighted [...]

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]]> https://www.theinfostride.com/nigerias-e-commerce-market-projected-to-surpass-16-billion-by-2030-lbs/feed/ 0 Otedola Hails Dangote Refinery as a Game-Changer in Nigeria’s Oil Industry https://www.theinfostride.com/otedola-hails-dangote-refinery-as-a-game-changer-in-nigerias-oil-industry/ https://www.theinfostride.com/otedola-hails-dangote-refinery-as-a-game-changer-in-nigerias-oil-industry/#respond Sat, 22 Aug 2026 19:00:40 +0000 https://www.theinfostride.com/?p=467027 Billionaire businessman Femi Otedola has described the Dangote Refinery as a transformative development for Nigeria’s oil sector and overall economy, declaring that the project has ushered in a new era of change. Speaking in response to the controversy between the refinery and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Otedola stressed that [...]

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]]> https://www.theinfostride.com/otedola-hails-dangote-refinery-as-a-game-changer-in-nigerias-oil-industry/feed/ 0 Dangote Blames Union-Imposed Truck Fees for Rising Fuel Prices https://www.theinfostride.com/dangote-blames-union-imposed-truck-fees-for-rising-fuel-prices/ https://www.theinfostride.com/dangote-blames-union-imposed-truck-fees-for-rising-fuel-prices/#respond Sat, 22 Aug 2026 18:57:40 +0000 https://www.theinfostride.com/?p=467041 The management of Dangote Refinery has attributed recent increases in fuel prices across parts of Nigeria to charges imposed by transport unions on truck drivers. The company explained that these extra costs, which are outside the refinery’s control, have created distortions in the petroleum distribution chain, making petrol more expensive by the time it reaches [...]

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]]> https://www.theinfostride.com/dangote-blames-union-imposed-truck-fees-for-rising-fuel-prices/feed/ 0 Stanbic IBTC, Chinese Chamber Partner to Host Badminton Tournament in Nigeria https://www.theinfostride.com/stanbic-ibtc-chinese-chamber-partner-to-host-badminton-tournament-in-nigeria/ https://www.theinfostride.com/stanbic-ibtc-chinese-chamber-partner-to-host-badminton-tournament-in-nigeria/#respond Sat, 22 Aug 2026 18:57:39 +0000 https://www.theinfostride.com/?p=466983 Stanbic IBTC Bank has joined forces with the Chinese General Chamber of Commerce-Nigeria to organize a major badminton competition, bringing together sports enthusiasts, business leaders, and the Chinese community in Nigeria. The collaboration is designed not only to promote physical fitness and cultural exchange but also to strengthen bilateral relations between Nigeria and China through [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-chinese-chamber-partner-to-host-badminton-tournament-in-nigeria/feed/ 0 LCCI Urges Customs to Comply with Suspension of 4% FOB Levy https://www.theinfostride.com/lcci-urges-customs-to-comply-with-suspension-of-4-fob-levy/ https://www.theinfostride.com/lcci-urges-customs-to-comply-with-suspension-of-4-fob-levy/#respond Sat, 22 Aug 2026 18:57:32 +0000 https://www.theinfostride.com/?p=467087 The Lagos Chamber of Commerce and Industry (LCCI) has called on the Nigeria Customs Service (NCS) to fully comply with the Federal Government’s suspension of the controversial 4% Free on Board (FOB) import levy. The business group made the appeal following reports that despite the government’s announcement, some importers continue to face bottlenecks and demands [...]

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]]> https://www.theinfostride.com/lcci-urges-customs-to-comply-with-suspension-of-4-fob-levy/feed/ 0 Nigeria’s FX Reserves Climb to $42bn, Highest in Six Years https://www.theinfostride.com/nigerias-fx-reserves-climb-to-42bn-highest-in-six-years/ https://www.theinfostride.com/nigerias-fx-reserves-climb-to-42bn-highest-in-six-years/#respond Sat, 22 Aug 2026 18:57:24 +0000 https://www.theinfostride.com/?p=467085 Nigeria’s foreign exchange reserves have surged to $42 billion, marking their highest level in six years, a development that analysts and policymakers describe as a turning point in the country’s economic trajectory. The rise, which reflects a combination of improved crude oil earnings, increased foreign exchange inflows, and strategic reforms by the Central Bank of [...]

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]]> https://www.theinfostride.com/nigerias-fx-reserves-climb-to-42bn-highest-in-six-years/feed/ 0 Manufacturers Record Weak Growth as Sector Credit Falls by N7.72tn Amid Economic Headwinds https://www.theinfostride.com/manufacturers-record-weak-growth-as-sector-credit-falls-by-n7-72tn-amid-economic-headwinds/ https://www.theinfostride.com/manufacturers-record-weak-growth-as-sector-credit-falls-by-n7-72tn-amid-economic-headwinds/#respond Sat, 22 Aug 2026 18:55:42 +0000 https://www.theinfostride.com/?p=470385 Nigeria’s manufacturing sector has continued to face mounting challenges as credit to manufacturers dropped sharply by N7.72 trillion between January and September 2025, resulting in fragile growth across key industrial segments. Despite government efforts to stimulate local production and ease credit conditions, rising interest rates, exchange rate volatility, and persistent inflation have combined to strain [...]

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]]> https://www.theinfostride.com/manufacturers-record-weak-growth-as-sector-credit-falls-by-n7-72tn-amid-economic-headwinds/feed/ 0 NAICOM, FRSC Partner to Strengthen Enforcement of Third-Party Motor Insurance Nationwide https://www.theinfostride.com/naicom-frsc-partner-to-strengthen-enforcement-of-third-party-motor-insurance-nationwide/ https://www.theinfostride.com/naicom-frsc-partner-to-strengthen-enforcement-of-third-party-motor-insurance-nationwide/#respond Sat, 22 Aug 2026 18:55:15 +0000 https://www.theinfostride.com/?p=470388 The National Insurance Commission (NAICOM) and the Federal Road Safety Corps (FRSC) have announced a new strategic collaboration aimed at improving compliance and enforcement of third-party motor insurance across Nigeria. The partnership, which was formally unveiled in Abuja, seeks to curb the rising cases of uninsured vehicles on Nigerian roads, enhance road safety, and promote [...]

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]]> https://www.theinfostride.com/naicom-frsc-partner-to-strengthen-enforcement-of-third-party-motor-insurance-nationwide/feed/ 0 Equities Market Gains N822bn in One Week as Investor Confidence Strengthens https://www.theinfostride.com/equities-market-gains-n822bn-in-one-week-as-investor-confidence-strengthens/ https://www.theinfostride.com/equities-market-gains-n822bn-in-one-week-as-investor-confidence-strengthens/#respond Sat, 22 Aug 2026 18:55:11 +0000 https://www.theinfostride.com/?p=467054 Nigeria’s equities market ended last week on a positive trajectory, with investors recording a combined gain of about ₦822 billion. The impressive rally reflected renewed optimism in the financial markets, buoyed by improving macroeconomic conditions, stabilising foreign exchange rates, and stronger-than-expected corporate earnings across major sectors. The development highlights a resurgence of confidence in Nigeria’s [...]

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]]> https://www.theinfostride.com/equities-market-gains-n822bn-in-one-week-as-investor-confidence-strengthens/feed/ 0 United Nations Urges Africa to Step Up Climate Action Plans https://www.theinfostride.com/united-nations-urges-africa-to-step-up-climate-action-plans/ https://www.theinfostride.com/united-nations-urges-africa-to-step-up-climate-action-plans/#respond Sat, 22 Aug 2026 18:55:11 +0000 https://www.theinfostride.com/?p=467157   The United Nations has advised African nations to strengthen their climate action strategies, stressing that the continent’s future economic stability and social resilience depend heavily on how effectively it addresses the climate crisis. This call comes at a critical time when Africa, despite contributing the least to global greenhouse gas emissions, continues to suffer [...]

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]]> https://www.theinfostride.com/united-nations-urges-africa-to-step-up-climate-action-plans/feed/ 0 Ecobank Records 43% Profit Surge, Hits N702.4bn on Stronger Revenue and Cost Efficiency https://www.theinfostride.com/ecobank-records-43-profit-surge-hits-n702-4bn-on-stronger-revenue-and-cost-efficiency/ https://www.theinfostride.com/ecobank-records-43-profit-surge-hits-n702-4bn-on-stronger-revenue-and-cost-efficiency/#respond Sat, 22 Aug 2026 18:55:06 +0000 https://www.theinfostride.com/?p=470328 Ecobank Transnational Incorporated (ETI), the parent company of Ecobank Nigeria and other subsidiaries across Africa, has reported a significant 43% year-on-year surge in profit, hitting N702.4 billion for the financial year ended September 2025. The impressive performance underscores the bank’s robust operational efficiency, effective cost management, and steady revenue growth across its diversified markets. According [...]

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]]> https://www.theinfostride.com/ecobank-records-43-profit-surge-hits-n702-4bn-on-stronger-revenue-and-cost-efficiency/feed/ 0 Minister Decries Lack of Technicians for 400,000 Imported Meters Amid Power Sector Challenges https://www.theinfostride.com/minister-decries-lack-of-technicians-for-400000-imported-meters-amid-power-sector-challenges/ https://www.theinfostride.com/minister-decries-lack-of-technicians-for-400000-imported-meters-amid-power-sector-challenges/#respond Sat, 22 Aug 2026 18:55:04 +0000 https://www.theinfostride.com/?p=470393 Nigeria’s Minister of Power, Chief Adebayo Adelabu, has expressed deep concern over the lack of qualified local technicians to install about 400,000 imported electricity meters currently lying idle across the country. The minister said the situation reflects a major bottleneck in the implementation of the federal government’s National Mass Metering Programme (NMMP), which aims to [...]

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]]> https://www.theinfostride.com/minister-decries-lack-of-technicians-for-400000-imported-meters-amid-power-sector-challenges/feed/ 0 World Bank Announces $510m Investment Support Package for Nigeria https://www.theinfostride.com/world-bank-announces-510m-investment-support-package-for-nigeria/ https://www.theinfostride.com/world-bank-announces-510m-investment-support-package-for-nigeria/#respond Sat, 22 Aug 2026 18:55:03 +0000 https://www.theinfostride.com/?p=466936 The World Bank has unveiled a $510 million investment package designed to stimulate economic growth, support private sector development, and strengthen Nigeria’s investment climate. The new deal comes at a critical time as Africa’s largest economy pushes forward with reforms to attract foreign capital, diversify revenue sources, and stabilize its macroeconomic environment. According to officials [...]

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]]> https://www.theinfostride.com/world-bank-announces-510m-investment-support-package-for-nigeria/feed/ 0 PenCom Moves to Expand Micro Pension Scheme Beyond 200,000 Enrollees https://www.theinfostride.com/pencom-moves-to-expand-micro-pension-scheme-beyond-200000-enrollees/ https://www.theinfostride.com/pencom-moves-to-expand-micro-pension-scheme-beyond-200000-enrollees/#respond Sat, 22 Aug 2026 18:36:34 +0000 https://www.theinfostride.com/?p=467159   The National Pension Commission (PenCom) has announced plans to redesign the Micro Pension Plan (MPP) to capture millions of Nigerians in the informal sector, as the number of registered contributors remains slightly above 200,000 despite the scheme being introduced more than five years ago. PenCom said the revamp would make the scheme more attractive [...]

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]]> https://www.theinfostride.com/pencom-moves-to-expand-micro-pension-scheme-beyond-200000-enrollees/feed/ 0 FIRS Backs Federal Government’s Borrowing Strategy, Says Framework Remains Sustainable https://www.theinfostride.com/firs-backs-federal-governments-borrowing-strategy-says-framework-remains-sustainable/ https://www.theinfostride.com/firs-backs-federal-governments-borrowing-strategy-says-framework-remains-sustainable/#respond Sat, 22 Aug 2026 18:35:45 +0000 https://www.theinfostride.com/?p=467161 The Federal Inland Revenue Service (FIRS) has defended the Federal Government’s borrowing framework, insisting that the country’s debt profile remains within sustainable limits when weighed against ongoing reforms, projected revenue growth, and fiscal consolidation plans. Speaking against the backdrop of mounting concerns over Nigeria’s rising debt stock and borrowing costs, the FIRS emphasized that public [...]

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]]> https://www.theinfostride.com/firs-backs-federal-governments-borrowing-strategy-says-framework-remains-sustainable/feed/ 0 NGX Market Downturn Wipes Out N322bn as Bearish Sentiment Deepens https://www.theinfostride.com/ngx-market-downturn-wipes-out-n322bn-as-bearish-sentiment-deepens/ https://www.theinfostride.com/ngx-market-downturn-wipes-out-n322bn-as-bearish-sentiment-deepens/#respond Sat, 22 Aug 2026 18:35:30 +0000 https://www.theinfostride.com/?p=467172 The Nigerian Exchange (NGX) closed another volatile session in the red as investors lost an estimated N322 billion in market value, extending a bearish run that has persisted over the past week. The sustained downturn highlights growing concerns among market participants as macroeconomic headwinds, profit-taking, and weak investor sentiment continue to weigh on equities. At [...]

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]]> https://www.theinfostride.com/ngx-market-downturn-wipes-out-n322bn-as-bearish-sentiment-deepens/feed/ 0 South Africa Named Rising Power in 2025 iGaming Trends https://www.theinfostride.com/south-africa-named-rising-power-in-2025-igaming-trends/ https://www.theinfostride.com/south-africa-named-rising-power-in-2025-igaming-trends/#respond Sat, 22 Aug 2026 18:35:26 +0000 https://www.theinfostride.com/?p=405797 South Africa has been recognized as a rising force in the global iGaming industry, with experts predicting significant growth in the sector throughout 2025. As online gambling gains momentum worldwide, South Africa’s regulatory advancements, increasing internet penetration, and growing player base have positioned it as a key market to watch. The country’s iGaming sector has [...]

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]]> https://www.theinfostride.com/south-africa-named-rising-power-in-2025-igaming-trends/feed/ 0 FG Commences Oilfield Verification Exercise in Niger Delta to Boost Transparency and Production https://www.theinfostride.com/fg-commences-oilfield-verification-exercise-in-niger-delta-to-boost-transparency-and-production/ https://www.theinfostride.com/fg-commences-oilfield-verification-exercise-in-niger-delta-to-boost-transparency-and-production/#respond Sat, 22 Aug 2026 18:35:21 +0000 https://www.theinfostride.com/?p=467116 The Federal Government has begun a comprehensive oilfield verification exercise across the Niger Delta, a major initiative that seeks to enhance transparency, strengthen production efficiency, and boost revenue generation from Nigeria’s petroleum resources. The move, spearheaded by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), comes at a critical period when Nigeria is intensifying reforms in [...]

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]]> https://www.theinfostride.com/fg-commences-oilfield-verification-exercise-in-niger-delta-to-boost-transparency-and-production/feed/ 0 Champion Breweries Records 111% Revenue Growth, Returns to Profitability in H1 2025 https://www.theinfostride.com/champion-breweries-records-111-revenue-growth-returns-to-profitability-in-h1-2025/ https://www.theinfostride.com/champion-breweries-records-111-revenue-growth-returns-to-profitability-in-h1-2025/#respond Sat, 22 Aug 2026 18:30:17 +0000 https://www.theinfostride.com/?p=467165 Champion Breweries Plc has staged a remarkable recovery in the first half of 2025, recording a 111 percent surge in gross profit alongside a major turnaround to profitability after a difficult performance in the previous year. The brewery, based in Uyo, Akwa Ibom State, reported stronger sales, better cost management, and improved operational efficiency, which [...]

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