Growing concerns are mounting across Nigeria’s corporate landscape as businesses grapple with what industry players describe as a tightening advert vetting regime imposed by the nation’s advertising regulator. Stakeholders say the increasingly rigorous approval process is slowing campaign rollouts, raising compliance costs, and complicating marketing strategies at a time when companies are already navigating inflationary pressures and weak consumer spending. At the centre of the controversy is the Advertising Regulatory Council of Nigeria (ARCON), the statutory body responsible for regulating advertising and marketing communications in Nigeria. Marketing executives and agency operators say the vetting process, designed to ensure ethical standards,…
Author: Elvis Eromosele
President Bola Tinubu has removed Kayode Egbetokun from his position as the Inspector-General of Police (IGP), sources within the Presidency and the Police Service Commission say. Egbetokun has been directed to prepare handover notes following a visit to the Presidential Villa on Tuesday, February 24, 2026. He will formally hand over leadership of the Nigeria Police Force to Tunji Disu, the Assistant Inspector-General of Police overseeing the Force Criminal Investigation Department (FCID) Annex in Alagbon, Lagos. A senior police source said the decision was communicated to Egbetokun during a meeting at the Villa, and that preparations for the transition are…
Skyway Aviation Handling Company PLC (SAHCO) has achieved the prestigious ISO/IEC 27001:2022 Information Security Management System (ISMS) certification, becoming the only aviation ground handling company in Nigeria, and one of the few in Africa, to attain the globally recognised information security standard. The certification positions SAHCO at the forefront of secure aviation ground handling on the continent, reinforcing its leadership in cybersecurity, operational resilience, and service excellence. ISO/IEC 27001:2022 is the international benchmark for information security management. It provides a structured framework for identifying risks, protecting sensitive data, strengthening cybersecurity controls, and ensuring the confidentiality, integrity, and availability of information.…
Lagos commuters will begin paying more for public transport from March 2, 2026, following the approval of a 13 per cent fare increase across Bus Reform Initiative (BRI) services. The Lagos State Government announced that the upward review affects Bus Rapid Transit (BRT) corridors as well as standard regulated bus routes statewide. The decision was disclosed in a statement by Kolawole Ojelabi, Head of Corporate Communication at the Lagos Metropolitan Area Transport Authority (LAMATA). According to the statement, Governor Babajide Sanwo-Olu approved the increase following appeals from regulated public transport operators who warned that rising economic pressures were threatening the…
The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points, lowering it from 27 per cent to 26.5 per cent. The decision was announced by Olayemi Cardoso, the CBN Governor, at the end of the 304th Monetary Policy Committee (MPC) meeting held in Abuja on Tuesday. According to Cardoso, the Committee resolved to: Reduce the MPR by 50 basis points to 26.5 per cent Retain the Cash Reserve Ratio (CRR) for: Deposit Money Banks at 45 per cent Merchant Banks at 16 per cent Non-TSA public sector deposits at 75 per cent Cardoso…
Gentlemen of the Press, I have called you here to address the events of last Saturday, in which the Independent National Electoral Commission (INEC) once again took Nigerians for granted, showing a blatant disregard for their sensibilities. I stand before you today not as a man diminished by the outcome of Saturday’s event, but as a man empowered by a political movement. This movement is not born of convenience but of conviction; it is carried not by power, but by people. It is written not in ink, but in sacrifice. Over the past few months, from the streets of Karshi…
The Oyo State Security Network Agency, popularly known as Amotekun Corps, has condemned what it described as a “Gestapo-style” arrest of one of its operatives by officers allegedly attached to Zone 11 of the Nigeria Police Force. The operative, Amo Saheed Ajibola, was reportedly taken into custody around 8:00 p.m. on Tuesday, February 17, 2026, while on official duty at a static patrol post covering the General Gas–Akobo area of Ibadan. Olayinka Olayanju (rtd.), Oyo State Commandant of Amotekun Corps, criticised the method used in effecting the arrest. He stated that Amotekun maintains established channels of cooperation with sister security…
Moniepoint Inc. has released a new study revealing the scale and structure of Nigeria’s nightlife economy, uncovering daily revenue flows running into hundreds of millions of naira and highlighting the growing dominance of digital payments across the sector. Titled “The Business of Community Nightlife in Nigeria,” the report draws on anonymised transaction data from more than 27,000 bars, clubs and lounges operating on Moniepoint’s payment network, alongside field interviews and observational research across multiple cities. Rather than focusing on elite “Detty December” hotspots, the study shifts attention to everyday community bars, roadside joints and neighbourhood lounges, the true backbone of…
The All Progressives Congress (APC) has secured chairmanship victories in five of the six Area Councils of the Federal Capital Territory (FCT), while the Peoples Democratic Party (PDP) won in Gwagwalada. Results released by Independent National Electoral Commission (INEC) on Sunday showed APC prevailing in: Abuja Municipal Area Council (AMAC) Abaji Bwari Kwali Kuje The PDP, however, clinched victory in Gwagwalada. In Gwagwalada Area Council, PDP candidate Mohammed Kasim polled 22,165 votes, defeating the APC’s Yahaya Shehu, who secured 17,788 votes. The Returning Officer, Philip Akpen, declared Kasim duly elected after fulfilling all legal requirements. Other parties trailed behind, with…
If you have spent enough time around entrepreneurial events, you know how easy it is for bold ideas to remain theoretical. Big words are said, applause follows, and everyone goes home unchanged. The Audacity Conference 2026, held in Lagos on January 24, refused to sit in that space. From the moment the conversations began, it was clear the conference was not designed as a motivational pit stop, but as a practical confrontation with fear, hesitation, and the habits that keep people playing small. The theme, Turning Bold Ideas into Breakthroughs, was treated as a responsibility. The audience reflected that intention.…