FCCPC Moves Against Non-Compliant Digital Lenders
By Oluwakemi Kindness The Federal Competition and Consumer Protection Commission (FCCPC) has commenced enforcement actions against Digital Money Lending (DML) operators that failed to regularise their operations under the Digital, Electronic, Online and Non-Traditional Consumer Lending Regulations, 2025 (DEON Regulations). The FCCPC’s Executive Vice Chairman and Chief Executive Officer, Tunji Bello, said the compliance window […]
WCO, World Bank Train Nigeria Customs on Post-Clearance Audit
By Oluwakemi Kindness The Nigeria Customs Service (NCS), in partnership with the World Customs Organisation (WCO) and the World Bank Group (WBG), has commenced the WCO Accelerate Trade Facilitation Programme, aimed at strengthening customs modernisation, enhancing compliance, and improving trade facilitation in Nigeria. The programme, which began on Monday, 19 January 2026, focuses on reviewing […]
Reforms, Private Sector Key to Nigeria’s Job Creation – Tuggar
By Zainab Bakare The Minister of Foreign Affairs, Ambassador Yusuf Tuggar, says Nigeria’s job-creation strategy is being driven by far-reaching macroeconomic reforms and a deliberate focus on private sector–led growth. Speaking at the Africa Jobs Engine Panel on the sidelines of the World Economic Forum, Tuggar said the Tinubu administration is prioritizing the restoration of […]
NEPC: Non-Oil Exports Hit $6.1bn in 2025
By Oluwakemi Kindness The Nigerian Export Promotion Council, says Nigeria’s non-oil exports hit a record of six point 1 billion dollars in 2025, an 11.5 percent up from 2024. Executive Director/CEO of the NEPC, Nonye Ayeni, stated this in Abuja on Monday at a press briefing on the performance of the non-oil export for 2025 […]
NECA Reaffirms Workplace Safety as Human Rights Issue
By Chinedu Echianu The Nigeria Employers’ Consultative Association (NECA) has reaffirmed the growing importance of occupational safety and health (OSH) in the private sector. NECA’s Director General, Adewale-Smatt Oyerinde, described it as both a legal obligation and a human rights issue. He said this follows the elevation of OSH to a core convention of […]
NSITF, NECA Unveil Plans for 2025 Safe Workplace Initiative
By Chinedu Echianu The Nigerian Social Insurance Trust Fund (NSITF), in collaboration with the Nigeria Employers’ Consultative Association (NECA) have announced plans to roll out the 2025 Safe Workplace Initiative (SWIP). The initiative under the guidance of the Federal Ministry of Labour and Productivity, is aimed at strengthening compliance with workplace safety and employee compensation […]
SEC Sets Higher Capital Thresholds for Market Operators
By: Aremu Toyeebaht Nigeria’s Securities and Exchange Commission (SEC) has launched the most significant revision of minimum capital requirements for capital market operators since 2015, in a move to strengthen market stability and protect investors. The new rules, outlined in a circular issued on January 16, 2026, give operators until June 30, 2027 to comply […]
Kalu Urges United Action to Tackle Food Insecurity
By Oluwakemi Kindness The Deputy Speaker of the House of Representatives, Benjamin Kalu, has called for urgent and coordinated action by stakeholders across the agriculture value chain to address Nigeria’s food security challenges. Speaking at the Annual General Meeting of the All Farmers Association of Nigeria (AFAN) on Thursday in Abuja, Kalu stressed that agriculture […]
Budget Clarifies NEDC ₦246Bn Allocation, Debunks Salaries Claims
By Oluwakemi Kindness The Budget Office of the Federation (BOF) has rejected recent claims that the North East Development Commission (NEDC) operates a ₦246 billion salaries budget, describing the allegation as misleading and based on a misunderstanding of Nigeria’s federal budgeting process. Director-General of the Budget Office, Tanimu Yakubu, explained that the ₦246.77 billion figure […]
SEC, Police Forge Alliance to Combat Investment, Crypto Fraud
By Oluwakemi Kindness The Securities and Exchange Commission (SEC) and the Nigeria Police Force (NPF) have agreed to establish a formal collaboration to combat illegal investment schemes, Ponzi operations, and cryptocurrency fraud across the country. The agreement was reached during a meeting between the Director-General of the SEC, Dr. Emomotimi Agama, and the Inspector-General of […]