Nestlé Nigeria is proud to announce the expansion of its flagship initiative, Nestlé Empowering Rural Women in Nigeria, to Agbara, Ogun State. Aimed at strengthening small businesses and enhancing livelihoods within rural communities, this program has welcomed 49 new female retailers. Now in its fifth year, the Nestlé Empowering Rural Women in Nigeria project has empowered over 382 women across the country, enabling them to expand their businesses by up to three times. Through tailored business training, product grants, and mentorship, the initiative supports women in building more profitable retail ventures, reinforcing Nestlé’s commitment to inclusive growth at the community…
Author: Elvis Eromosele
By Elvis Eromosele In Nigeria, one phrase captures the endless stream of troubles that trail daily life, “Wahala no dey finish.” This timeless street slang now finds fresh relevance in the realm of mobile banking, especially with the storm brewing between telcos, banks, and the supposed “saviour” in between, the Nigerian Communications Commission (NCC). After years of battles over who should bear the cost of USSD transactions, the NCC made a grand intervention: going forward, customers would pay USSD fees directly from their airtime, not their bank accounts. At first glance, this appeared like a clear-cut win. No more bank…
The Nigerian Communications Commission (NCC) has officially presented its landmark General Authorisation Framework (GAF) to external stakeholders in a move aimed at reimagining the nation’s telecom licensing regime to better accommodate innovation, flexibility, and inclusive digital growth. Speaking during a high-level Stakeholders Forum held on Thursday, July 17, 2025, Dr. Aminu Maida, Executive Vice Chairman (EVC) of the NCC, described the initiative as a proactive step toward ensuring Nigeria’s regulatory architecture keeps pace with technological disruption and evolving market dynamics. “Modern regulation must be designed to enable innovation rather than hinder it. This is the goal at the core of…
The Lagos Chapter of the Nigerian Institute of Public Relations (NIPR) has extended its warm congratulations to Godfrey Adejumoh following his new appointment as Head, Corporate Relations for West & Central Africa at Diageo. The Lagos NIPR highlighted Adejumoh’s elevation as a testament to his professionalism, strategic acumen, and unwavering commitment to excellence in public relations. The Chapter noted that this achievement is not only a personal milestone for Adejumoh but also a source of great pride for the entire PR community in Lagos, reaffirming the global impact and relevance of Nigerian PR practitioners. Dr. Samuel Ayetutu, fnipr, Chairman of…
An Open letter to GLG Communications and Guardian Limited Dear Esteemed Organizers of the 2025 PR Power list, I write to commend the impressive effort put into curating the recently released 2025 PR Power List, which undoubtedly showcases a spectrum of outstanding talents shaping the landscape of public relations in Nigeria. Recognizing excellence is one of the most powerful tools for inspiring greatness, and your work in highlighting key players in our profession is indeed commendable. However, as a concerned stakeholder, I feel compelled to raise a matter of pressing concern: the conspicuous absence of core academic professionals from the…
The Lagos Chapter of the Nigerian Institute of Public Relations (NIPR) joins the global communications community to commemorate World PR Day 2025, themed: “Building Bridges and Navigating Polarisation.” This year’s theme calls for deeper reflection on the role of Public Relations in fostering mutual understanding, promoting unity, and resolving conflict in an increasingly fragmented world. Speaking on the significance of the day, Dr, Samuel Ayetutu, fnipr, Chairman of Lagos NIPR, noted that: “Public relations is more than media relations or publicity. At its core, PR is about building and managing relationships. In a world threatened by polarisation, disinformation, and mistrust, PR…
Sterling Bank Plc has announced ambitious plans to raise up to $400 million in capital through a combination of debt instruments and equity offerings. This strategic move, approved by shareholders at the bank’s 2nd Annual General Meeting, aims to significantly strengthen its growth capacity and balance sheet. In a corporate statement, Sterling Bank confirmed that the capital will be raised via a Shelf Programme, allowing the bank to issue various financial instruments in tranches over a defined period. “Sterling Bank has been authorized to raise up to $400 million or its equivalent in Naira or other currencies through instruments such…
Nigeria’s average daily crude oil production reached 1.505 million barrels per day (bpd) in June 2025, successfully meeting its output quota set by the Organization of the Petroleum Exporting Countries (OPEC). This marks a significant increase and the second time this year Nigeria has achieved this target. The new figures were reported in OPEC’s latest Monthly Oil Market Report, released on Tuesday. The data, obtained directly from Nigerian authorities, shows a 3.58% increase from the 1.453 million bpd recorded in May and represents the highest production level since January. OPEC also noted that secondary sources estimated Nigeria’s June production at…
Chelsea FC emerged victorious in the inaugural FIFA Club World Cup final on Sunday, defeating Paris Saint-Germain (PSG) at MetLife Stadium. While the immediate prize for winning was $40 million, Chelsea’s total earnings from the tournament will exceed $110 million, thanks to FIFA’s massively expanded format. FIFA injected a colossal $1 billion into this first-ever revamped Club World Cup, which featured 32 teams from around the globe and was hosted in the United States. A significant portion, $525 million, was distributed as participation fees, with the remaining $475 million allocated for performance bonuses. Chelsea’s prize money alone totaled $85.625 million,…
In a significant achievement, Stanbic IBTC Holdings has successfully met the Central Bank of Nigeria’s (CBN) ambitious ₦200 billion recapitalisation requirement. This milestone was primarily driven by an overwhelmingly successful Rights Issue, which raised an impressive ₦148.7 billion with strong support from existing shareholders. The Rights Issue saw an astonishing oversubscription rate of 21.9 percent, bringing in an additional ₦181.4 billion in capital. This robust participation not only demonstrates shareholders’ deep trust in Stanbic IBTC’s strategic vision but also highlights the institution’s operational excellence and resilience within Nigeria’s dynamic financial landscape. Dr. Kunle Adedeji, Acting Chief Executive of Stanbic IBTC…