24. July 2026
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Category: Refined Living

James Obasi19 December 2025
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Refined Living

Sachet Alcohol Ban Paused as FG Begins Review

3min4790
The Office of the Secretary to the Government of the Federation (OSGF) has ordered an immediate suspension of all enforcement activities related to the proposed ban on sachet alcohol products until further notice. The directive follows a formal communication from the House of Representatives Committee on Food and Drugs Administration and Control regarding plans by […]
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Lifestyle & Wellness Desk18 December 2025
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Refined Living

Labour Calls for Arrest, Prosecution of Those Financing Insecurity as Protests Sweep States

5min2690
The Nigeria Labour Congress (NLC) yesterday staged nationwide protests over the worsening security situation in the country, urging the federal government to deploy “the full machinery of governance” to reclaim communities, protect workers, and restore public confidence. The union also called for the immediate arrest and prosecution of those funding insecurity. In Abuja, the protest […]
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Lifestyle & Wellness Desk18 December 2025
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Refined Living

UBA Teams Up with CIG Motors, Lagride to Roll Out $100m Vehicle Financing Scheme

3min1610
United Bank for Africa (UBA) Plc has launched a $100 million vehicle financing partnership with CIG Motors, Lagride, and the Lagos State Government, designed to transform urban mobility and promote financial inclusion in Nigeria. Branded “Drive to Own,” the initiative positions UBA as the principal financier, allowing beneficiaries to acquire a CIG/Lagride vehicle by paying […]
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Lifestyle & Wellness Desk18 December 2025
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Refined Living

Donald Trump Pledges Economic Revival, Criticizes Biden in National Address

4min1920
Trump pledges economic surge, blames Biden for high prices in national address President Donald Trump vowed an economic boom for the United States in a national address on Wednesday, while attributing rising prices to the policies of his Democratic predecessor, Joe Biden. “Good evening, America. Eleven months ago I inherited a mess, and I’m fixing […]
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James Obasi18 December 2025
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Refined Living

NDIC And NIBSS Set to Improve Depositor Compensation from Failed Banks

3min4640
The Nigeria Deposit Insurance Corporation (NDIC) and the Nigeria Inter-Bank Settlement System Plc (NIBSS) are set to sign a Memorandum of Understanding (MoU) aimed at improving the efficiency of reimbursements for depositors in cases of bank failure. The NDIC disclosed this on Wednesday, with its Managing Director/Chief Executive, Mr Thompson Sunday, announcing the plan during […]
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Lifestyle & Wellness Desk18 December 2025
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Refined Living

Banks Risk 3% Penalty for Delayed Customs Duty Remittances

3min1580
The Nigeria Customs Service has cautioned designated banks that any delay in remitting collected customs revenue will attract penalty interest set at three per cent above the prevailing Nigerian Interbank Offered Rate for the period of default. The warning follows reported cases of delayed revenue remittances by some designated banks after reconciliation of collections processed […]
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Lifestyle & Wellness Desk18 December 2025
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Refined Living

Banks Bolster Capital Buffers as CBN Steps Up Regulatory Oversight

6min4790
Deposit money banks are reinforcing their capital positions as the Central Bank of Nigeria tightens regulatory oversight, deepening its focus on governance, transparency and risk management to safeguard financial system stability. The CBN Governor, Olayemi Cardoso, has said Nigeria’s banking system remains stable and resilient but noted that the regulator is staying alert to emerging […]
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Lifestyle & Wellness Desk18 December 2025
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Refined Living

Unaddressed NSW Gaps May Pose Risks to Importers and the Wider Economy

6min2290
Stakeholders have cautioned that lingering structural flaws and poor inter-agency coordination could expose importers and the broader economy to significant losses, warning that these challenges may undermine the effective rollout of the National Single Window (NSW). The concerns were raised on Wednesday in Lagos at the 10th annual seminar for maritime journalists and the unveiling […]
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Tech & Tools Desk18 December 2025
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Refined Living

APM Terminals Partners to Expand Apapa Service Operations

4min1120
APM Terminals has entered into an exclusive lease agreement with Barging Marine Solutions Ltd, extending to September 2031, to scale up services in and around Apapa, reinforcing its long-term commitment to supporting Nigeria’s trade and logistics sector. In a statement issued on Tuesday, APM Terminals said the partnership is designed to deepen collaboration between both […]
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