Nigeria Digest: July 21, 2025

Nigeria completed its first GDP rebasing in 11 years, utilizing extensive data collection to provide a more accurate reflection of the nation's economic performance.

News Central TV, known for telling African stories, was honored at the 2025 PR Power List Awards, recognizing its contributions to journalism and public engagement.

The Ministry of Communications, Innovation & Digital Economy and the Aig-Imoukhuede Foundation collaborated to launch the Nigeria Web Design Standards, aiming to create a more accessible and efficient public sector digital presence.

Central Securities Clearing System Plc (CSCS) launched a Custodian Portal to enhance digital access, operational efficiency, and collaboration within the Nigerian capital market.

Dr. Bolaji's Gail Legacy Project is pioneering energy transformation in Nigeria, striving to reduce reliance on imported fuel and boost local economic development.

Joshua Olusanya, a Muson student, set a Guinness World Record for playing the trumpet continuously for over 25 hours, inspiring others with his dedication and musical talent.

Nigeria's banking sector remains stable with low non-performing loans (NPLs) at 4.2% and assets increasing to N17.98 trillion, despite economic pressures and operational risks.

Telcos in Nigeria resumed full SIM card services after a two-week disruption caused by technical challenges during a migration to a new identity verification platform led by the Nigerian Identity Management Commission (NIMC).