75m Informal Workers Risk Retirement Without Pension – PenCom
By Oluwakemi Kindness The National Pension Commission (PenCom) has warned that more than 75 million Nigerians working in the informal sector risk retiring without any pension coverage. Speaking in Abuja on Monday, PenCom Director-General, Omolola Oloworaran, said while pension reforms over the past two decades have strengthened Nigeria’s financial system, their benefits have largely been […]
CAC Unveils Staff Welfare Schemes at 35
By Oluwakemi Kindness The Corporate Affairs Commission (CAC) has introduced new welfare initiatives for its workforce, including housing, healthcare and vehicle support, as the Commission marks its 35th anniversary. Registrar-General, Hussaini Ishaq-Magaji, announced the schemes on Saturday during the Commission’s monthly fitness exercise in Abuja, held as part of the anniversary activities. He said the […]
Reps to Compel CBN, Banks in Agric Probe
By Oluwakemi Kindness The House of Representatives Ad-hoc Committee probing Agricultural Subsidies, Intervention Funds, Aids and Grants from 2015 to 2025 has warned key government agencies and financial institutions that it will invoke constitutional powers to compel their appearance following what it described as a persistent disregard for parliamentary invitations. At its investigative hearing on […]
Nigeria, Saudi Arabia Strengthen Hajj and Umrah Cooperation
By Zainab Bakare Nigeria and the Kingdom of Saudi Arabia have reaffirmed their commitment to strengthening long-standing bilateral ties spanning political, economic, cultural, and spiritual cooperation, with particular focus on Hajj and Umrah operations. The renewed commitment was announced during a high-level meeting in Abuja on Tuesday between Nigeria’s Minister of Foreign Affairs, Ambassador […]
Reps Begin Probe of 19-Year Port, Airport Concessions
By Oluwakemi Kindness The House of Representatives in Tuesday inaugurated an Ad-Hoc Committee to review the performance of concessionaires managing federal ports, airport terminals, and related shipping activities from 2006 to 2025. The review aims to determine whether concession arrangements have delivered value for money, improved service standards, and enhanced government revenue over the 19-year […]
NDLEA Launches Programme to Help Farmers Quit Illicit Drug Cultivation
By Oluwakemi Kindness In a bid to shift from raids and crop destruction to livelihood support, the National Drug Law Enforcement Agency (NDLEA) has launched Africa’s first alternative development programme aimed at helping farmers move away from illicit cannabis cultivation. The initiative, unveiled in Abuja on Tuesday, by NDLEA Chairman Brigadier General Mohamed Buba Marwa […]
PenCom, PFAs Launch Online RSA Data Recapture
By Oluwakemi Kindness The National Pension Commission (PenCom), in collaboration with Pension Fund Administrators (PFAs), will on 1 February 2026 launch a self-service online data recapture platform for Retirement Savings Account (RSA) holders. The platform, known as the Data Recapture Self-Service Platform (PENCAP), enables contributors to remotely update their personal records without visiting their PFAs. […]
NUPRC Opens 50 Oil, Gas Blocks for 2025 Licensing Round
By: Aremu Toyeebaht The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has launched the 2025 oil and gas licensing round, offering 50 blocks for bidding across five sedimentary basins, while making it clear that only technically sound and financially capable firms will qualify. The commission said the exercise is aimed at weeding out speculative bidders and […]
CBN Reaffirms Commitment to Stability as UK’s BII Signals Investment Interest
By Oluwakemi Kindness The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the bank’s commitment to macroeconomic stability, credible monetary policy, and a transparent, data-driven regulatory framework aimed at strengthening the resilience of Nigeria’s banking system. Governor of the Bank, Olayemi Cardoso Cardoso spoke on Wednesday, while hosting a delegation from […]
NLC, TUC Back FCT Workers, Insist Strike Continues Despite Court Order
By Chinedu Echianu The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have declared their full support for workers of the Federal Capital Territory Administration (FCTA) insisting that the ongoing strike will continue until the Minister of the Federal Capital Territory, Nyesom Wike, engages workers in negotiations. A statement, jointly signed by Benson […]