NSITF Reviews Performance, Expands Service Outlets
By Chinedu Echianu The Nigeria Social Insurance Trust Fund (NSITF) has commenced its annual Management Performance Review (MPR) in Abuja, bringing together top management to assess the organisation’s performance over the past year and outline strategic priorities for 2026. The two-day review, holding from February 12–13, focuses on evaluating progress made in strengthening operations and […]
Nigeria Attracts $21bn in 2025, Ministry Calls for More Funding
By Oluwakemi Kindness Nigeria attracted over $21 billion in capital inflows in 2025, marking the country’s strongest investment performance in three years. The Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, disclosed this on Wednesday during the 2026 budget defense session for the commerce sector at the National Assembly. According to her, the sharp […]
Food Security at Risk as Agriculture Ministry Flags Funding Delays
By Oluwakemi Kindness The Federal Ministry of Agriculture and Food Security has warned that delayed capital releases and declining budgetary allocations are slowing critical food security programmes nationwide. Minister of State for Agriculture and Food Security, Senator Aliyu Abdullahi, delivered the caution on while presenting the ministry’s 2026 budget proposal before a joint session of […]
Reps Name Seven-Member Panel to Audit Gas Use by Gencos
By Oluwakemi Kindness The House of Representatives on Tuesday named a seven-member panel to scrutinise how electricity generation companies (Gencos) have used gas supplied to them over the years. The new sub-committee, chaired by Rep. Afam Victor Ogene, includes Reps. Kafilat Ogbara, Salisu Magaji, Faud Kayode Laguda, Harrison Nwadike and others. This fresh mandate emerged […]
CSOs Demand Fair, Transparent Tax System, Warn Against Multiple Levies
By Oluwakemi Kindness Civil society leaders have urged the Nigerian government to ensure taxes are fair, transparent, and used for public benefit, raising concerns over multiple levies and weak accountability systems that burden ordinary citizens. Speaking in Abuja on Tuesday, at a convening on the Nigeria Tax Acts 2025, Executive Director of CISLAC and Secretary […]
NSITF Dismisses Corruption Allegations Against Its Managing Director
By Chinedu Echianu The Nigeria Social Insurance Trust Fund (NSITF) has dismissed as false and malicious, recent media reports alleging financial impropriety, abuse of office and diversion of funds against its Managing Director, Barrister Oluwaseun Faleye In a statement on Tuesday issued by its management, the Fund says the allegations are not supported by verifiable […]
Stop Enabling Non-Compliant Firms, CAC Tells Banks
By Oluwakemi Kindness The Corporate Affairs Commission (CAC) on Tuesday cautioned banks and other financial institutions against enabling non-compliant companies to operate. The CAC is also insisting that entities without full disclosure of their Persons with Significant Control (PSC) must not be allowed to enjoy legal or financial privileges. The Registrar-General of CAC. Hussaini Magaji […]
NEPZA Pushes EU Integration of Nigeria’s Special Economic Zones
By Oluwakemi Kindness The Nigeria Export Processing Zones Authority (NEPZA) has urged the European Union to integrate Nigeria’s Special Economic Zones (SEZs) into European value chains to strengthen economic growth, industrialisation, and shared prosperity. Dr. Olufemi Ogunyemi, Managing Director and Chief Executive Officer of NEPZA, made the call on Monday during a trade and investment […]
NAHCON Chairman Resigns Amid Board Petition, Alleged Misconduct
By Aremu Toyeebaht Professor Abdullahi Usman has resigned as Chairman of the National Hajj Commission of Nigeria (NAHCON), ending his tenure at the helm of the federal pilgrimage agency amid unresolved internal disagreements within the commission. The resignation, confirmed on Tuesday, comes against the backdrop of a formal petition by the NAHCON board to President […]
House Urges CAC to Harness Digital Tools to Empower Entrepreneurs
By Oluwakemi Kindness The House of Representatives has called on the Corporate Affairs Commission (CAC) to fully leverage digital tools and artificial intelligence to empower entrepreneurs and formalize Nigeria’s economy. Ahmed Munir-Lere, Chairman of the House Committee on Commerce, made the call on Monday in Abuja, during CAC’s 35th anniversary, warning that millions of Nigerian […]