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Lagos Leather Fair Returns for its 2023 Edition

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Lagos Leather Fair, a platform created to showcase leather designers and the potential value of the leather industry in Nigeria and Africa has announced the launch of the 2023 edition of the Fair.

As it celebrates its sixth year, Lagos Leather Fair has consistently maintained its leading position as the driving force behind the realization of the untapped opportunities in the Nigerian leather ecosystem and Africa as a whole.

Themed Staying Ahead: Creativity | Collaboration | Commitment, this year’s edition will take place from the 17th to 18th of June at the Balmoral Convention Centre, Victoria Island, Lagos. The Leather Fair will bring together indigenous brands, emerging and established designers as well as international brands to showcase their products and services to the defined audience.

Lagos Leather Fair 2023 will also be launching the LLF Accelerator Programme — a mentoring design and development programme where six selected leather brands – 3 in footwear and 3 in handbags, will grow and strengthen their skills and acquire critical knowledge with the help of entrepreneurs who possess the relevant industry experience.

Speaking on the announcement of LLF2023, the founder of Lagos Leather Fair, Femi Olayebi said, “The annual celebration of Lagos Leather Fair is a proof point of our unflinching commitment towards finding sustainable solutions to scale the African leather industry and ensure that the Made-in-Nigeria Project and Zero-Oil Initiative becomes a reality. For over five years, we have created an enabling environment for key players to maximise the potential of the leather industry; we are delighted about LLF2023 and look forward to the significant impact it will make in Nigeria and across Africa.”

LLF2023 will feature a series of engaging conversations and masterclasses where selected speakers will be available to share insights on relevant and key topics that affect the African leather industry while featuring a well-curated series of workshops for creatives.

These workshops will focus on the techniques and fundamentals of shoemaking, and on growth and marketing strategies with the aid of social media using case studies. A very special workshop – Cracking Global Markets: How African Brands can go from Local to Global – is also being organised for twenty-five (25) selected brands. This workshop will be facilitated by an International fashion and retail consultancy.

In addition, LLF2023 will feature Pitch-A-LeatherBiz, a pitching session where Individual brands will pitch their business ideas to prospective investors before an audience. Lagos Leather Fair will also be introducing LLF Awards, aimed at recognising excellence and innovation, and honour outstanding leather designers.

For about six years, Lagos Leather Fair has had a significant impact on the Nigerian leather industry which is the third largest in Africa after South Africa and Ethiopia. The platform has impacted relevant stakeholders through its engaging conversations, creative workshops, product exhibitions, and runway presentations.

In 2022, LLF celebrated 5 years of transformative existence and significant impact in the African Leather Industry. The Fair also initiated West Africa’s first-ever digital leather exhibition, LLF Digital in 2020, to leverage growing cross-border connections and broaden the platform for participating brands.

Lagos Leather Fair remains committed to providing a solution-based platform for leather designers and other relevant players along the leather value chain in Nigeria and across Africa.

 


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General News

MultiChoice Secures 12 Warner Bros. Discovery Channels in New Multi-Year Deal

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MultiChoice, a CANAL+ company, has retained the distribution rights to 12 Warner Bros. Discovery thematic channels following the signing of a new multi-year, multi-territory agreement between CANAL+ Group and Warner Bros. Discovery, marking a significant expansion of their long-standing partnership.

MultiChoice Secures 12 Warner Bros. Discovery Channels in New Multi-Year Deal

MultiChoice

The new deal, which spans several regions across Africa and Europe, covers the distribution of HBO Max as well as the renewal of selected Warner Bros. Discovery thematic channels. It represents a major milestone in the companies’ international collaboration and strengthens content offerings across MultiChoice Group territories.

MultiChoice disclosed that this agreement builds on earlier partnerships concluded in Europe. “It builds on the landmark agreements concluded in France in 2024,including the renewal of the exclusive pay-TV window for Warner Bros. Pictures films just six months after their theatrical release in France and the integration of HBO Max within select CANAL+ group offers – as well as in Poland in 2025, with the renewal of the distribution agreement for 22 thematic channels (including TVN 24 and Eurosport) and 4 free-to-air channels (including TVN).”

Under the renewed arrangement, MultiChoice Group will continue to distribute 12 Warner Bros. Discovery thematic channels across its territories, with some channels offered on an exclusive basis. CNN International and Cartoon Network will remain exclusive to South Africa while being distributed non-exclusively in other markets. Cartoon Network Porto will be exclusive in Angola and Mozambique and non-exclusive elsewhere. Other channels such as Discovery Channel, TLC, HGTV, Food Network, TNT Africa, Travel, ID and Cartoonito will be offered on a non-exclusive basis.

According to the partners, the deal reinforces CANAL+ Group’s channel portfolio on the continent. “This agreement enables CANAL+ Group to strengthen its entertainment, kids, news, and documentary channel offerings in African markets.”

The agreement is also expected to improve access for CANAL+ Group subscribers to Warner Bros. Discovery’s premium content through HBO Max and selected channels, including globally recognised series and films, further extending the studio’s international reach while consolidating MultiChoice’s content offering in key markets.

 


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Nigeria Police suspends tinted glass permit enforcement over court injunction

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Nigeria Police Force has suspended nationwide enforcement of its tinted glass permit policy, hours before its scheduled rollout, in compliance with a Delta State High Court order.

Nigeria Police suspends tinted glass permit enforcement over court injunction

Tinted glass permit

The policy, set for January 2, 2026, aimed to curb vehicle-related crimes but faced legal challenge from a private citizen against the Inspector-General of Police, the force, and Delta Police Commissioner.

An ex parte injunction issued in December 2025 restrained enforcement pending suit determination, prompting the hold announced by spokesperson Benjamin Hundeyin on January 1.

Police entered appearance, filed preliminary objections, and sought injunction vacation; hearing adjourned to January 20, 2026.

The Nigerian Bar Association condemned initial police plans as “executive recklessness,” accusing disregard for rule of law, while police insisted no permanent bar existed on statutory duties.

IGP Kayode Egbetokun reiterated adherence to law while prioritising public safety via intelligence-led strategies during proceedings.


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NDIC Reinforces Full Oversight Compliance to Safeguard Depositors

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Mr. Thompson Sunday, the Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), has reaffirmed the Corporation’s strict compliance with fiscal and financial regulations, including the provisions of the Fiscal Responsibility Act (FRA) 2007, noting that the NDIC has consistently remitted the required percentage of its earnings to the Federal Government.

Mr. Sunday made this known during a courtesy visit to the Managing Director/Chief Executive of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong Takang, as part of NDIC’s ongoing engagement with key stakeholders following his formal assumption of office in July 2025.

According to him, NDIC takes financial accountability and transparency seriously, stressing that the Corporation complies fully with statutory remittance obligations, including the payment of 20 per cent of gross earnings or 80 per cent of net surplus to the Federal Government, as applicable. He added that NDIC also submits its financial statements ahead of statutory deadlines.

The NDIC MD/CE explained that this culture of compliance aligns with the Corporation’s role as a key institution within Nigeria’s financial safety-net, charged with protecting depositors and promoting confidence in the banking system. He emphasized that adherence to fiscal discipline remains central to NDIC’s credibility and effectiveness.

Mr. Sunday further disclosed that NDIC also complies with the Federal Government’s 50 per cent cost-to-income ratio policy, although he noted that the policy poses operational constraints. He explained that the deductions affect NDIC’s ability to build a strong Deposit Insurance Fund, which is needed to respond effectively to bank failures.

He stressed that international best practices under the Core Principles for Effective Deposit Insurance issued by the International Association of Deposit Insurers (IADI) require deposit insurers to maintain adequate funds to reimburse depositors when banks fail without recourse to government, adding that the NDIC is seeking an exemption to strengthen its capacity in this regard.

Mr. Sunday described MOFI as a critical stakeholder, noting that the Federal Government, through MOFI, holds a 40 per cent equity stake in NDIC. He said sustained collaboration with MOFI is essential to ensuring that NDIC continues to meet its obligations to government while effectively safeguarding depositors’ funds.

In his remarks, Dr. Takang commended the NDIC for its exemplary collaborative spirit and acknowledged the Corporation’s compliance with fiscal regulations. He assured that MOFI would continue to engage the Federal Ministry of Finance on NDIC’s behalf, noting that a strong NDIC is vital to sustaining confidence in Nigeria’s financial system.

Both institutions reaffirmed their commitment to continued cooperation, transparency and accountability, with Mr. Sunday reiterating that NDIC remains focused on balancing regulatory compliance with its overriding mandate of depositor protection and financial system stability.


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