Business Archives - Page 5 of 20

Tinubu Pension War Chest Reaches N25trn as Reform Push Deepens

April 23, 2026

Tinubu pension war chest has reached about N25 trillion. Officials disclosed the figure while outlining ongoing pension reforms. The Tinubu pension war chest reflects accumulated pension assets under management. The development signals growing focus on long-term financial security. Nigeria operates a contributory pension scheme managed by licensed administrators. The system pools retirement savings from public...

Solar Manufacturing Expansion to 300MW Advances Nigeria Energy Goals

April 22, 2026

Solar manufacturing expansion has reached 300MW in Nigeria. Officials confirmed progress toward a planned 3.7GW solar hub. The solar manufacturing expansion aims to strengthen local production capacity. It also supports Nigeria’s broader renewable energy transition goals. Nigeria continues to expand its renewable energy sector. Solar power remains central to national energy diversification plans. The government...

TOMORROW IS HERE: A SLOGAN WITHOUT CORRESPONDENCE IN THE LIVES OF NDI ENUGU

April 20, 2026

The slogan “Tomorrow Is Here” was meant to inspire hope. It was meant to signal progress, prosperity, and a new era for Enugu State. Yet, nearly three years later, many citizens see a widening gap between the promise and their lived reality. What was marketed as transformation now appears to many as a series of...

Manufacturers Fault World Bank Plan to Reinstate Petrol Import Licences

April 20, 2026

Petrol import licences have come under renewed debate after manufacturers rejected a World Bank proposal suggesting their reinstatement in Nigeria. The Manufacturers Association of Nigeria said the move would weaken local refining capacity. It warned that it could reverse progress made in domestic fuel production. The reaction follows ongoing discussions on energy policy and inflation...

CBN Expands Digital Finance to Boost Financial Services Access

April 20, 2026

CBN digital finance access is being expanded by the Central Bank of Nigeria to improve availability of financial services across the country. The apex bank said digital tools are central to its strategy for financial inclusion. Officials noted that more Nigerians are now using mobile and online platforms for transactions. The initiative is aimed at...

Senate Gives NNPCL April 29 Deadline Over ₦210tn Audit Queries

April 15, 2026

NNPCL audit queries deadline has been fixed for April 29 by the Senate Committee on Public Accounts. The directive requires the Nigerian National Petroleum Company Limited to respond to ₦210tn in audit issues raised from its financial statements. Lawmakers said the queries relate to unexplained figures spanning 2017 to 2023.The Senate insisted on a detailed...

FAAC Deductions of 41% Revenue Raise Concerns Over Fiscal Space

April 15, 2026

FAAC deductions of 41% revenue have significantly reduced funds available to Nigeria’s federal, state, and local governments, with ₦34.53tn deducted from a total ₦83.97tn generated between 2023 and 2025. Data drawn from the World Bank’s Nigeria Development Update highlights the scale of the deductions. The figures show that a large share of national revenue is...

Africa trade policy group appoints Ese Owie as convenor in global influence push

April 10, 2026

The Africa trade policy group has appointed Ese Owie as its convenor, as trade experts and policymakers across the continent push to strengthen Africa’s influence in global trade governance. The announcement was made during the launch of the Africa Trade Policy Working Group on the sidelines of the World Trade Organization’s 14th Ministerial Conference in...

Policyholders protection fund unveiled as NAICOM mandates contributions

April 8, 2026

The policyholders protection fund has been unveiled by the National Insurance Commission, with a directive requiring all insurance and reinsurance companies in Nigeria to contribute to the scheme. The initiative is designed to safeguard policyholders and strengthen stability within the insurance sector. Under the new framework, insurers are mandated to remit 0.25 percent of their...

US Iran conflict impact threatens Nigerian manufacturers, MAN warns

April 6, 2026

The US Iran conflict impact is creating significant pressure on Nigeria’s manufacturing sector, with the Manufacturers Association of Nigeria warning of rising production costs and weakening consumer demand. The association outlined urgent measures to cushion the effects of the ongoing geopolitical crisis on local industries. Director-General of the Manufacturers Association of Nigeria, Segun Ajayi-Kadir, stated...

1 … 3 4 5 6 7 … 20

ISWAP Commander Killed as Troops Eliminate 50 Terrorists in North-East

June 3, 2026

An ISWAP commander killed during ongoing military operations in Nigeria’s North-East was among at least 50 terrorists neutralised by troops of Operation Hadin Kai, according to military authorities. The operation, which targeted Islamic State West Africa Province (ISWAP) fighters and other insurgents, was carried out as part of intensified efforts to dismantle terrorist networks operating...

Enugu Teachers Besiege Government House, Demand Release of Abducted Oyo Pupils

June 2, 2026

Teachers in Enugu State on Tuesday joined a nationwide solidarity rally organised by the Nigeria Union of Teachers (NUT), marching to the Government House in Enugu to demand the immediate release of abducted Oyo pupils and their teachers. The demonstration followed a directive from the national leadership of the union after the abduction of dozens...

Oyo Lawmakers Defection Deepens as Six Reps Dump PDP for APM

June 2, 2026

The Oyo lawmakers defection trend gained momentum on Tuesday as six members of the House of Representatives from Oyo State formally left the Peoples Democratic Party (PDP) for the Allied Peoples Movement (APM). The lawmakers announced their departure during plenary at the House of Representatives, citing the prolonged internal crisis and leadership disputes within the...

What's hot

ISWAP Commander Killed as Troops Eliminate 50 Terrorists in North-East

Enugu Teachers Besiege Government House, Demand Release of Abducted Oyo Pupils

Oyo Lawmakers Defection Deepens as Six Reps Dump PDP for APM

Tinubu Re-Election Project Is My Number One Priority, Oborevwori Declares

Latest News

Tinubu Pension War Chest Reaches N25trn as Reform Push Deepens

Solar Manufacturing Expansion to 300MW Advances Nigeria Energy Goals

TOMORROW IS HERE: A SLOGAN WITHOUT CORRESPONDENCE IN THE LIVES OF NDI ENUGU

Manufacturers Fault World Bank Plan to Reinstate Petrol Import Licences

CBN Expands Digital Finance to Boost Financial Services Access

Senate Gives NNPCL April 29 Deadline Over ₦210tn Audit Queries

FAAC Deductions of 41% Revenue Raise Concerns Over Fiscal Space

Africa trade policy group appoints Ese Owie as convenor in global influence push

Policyholders protection fund unveiled as NAICOM mandates contributions

US Iran conflict impact threatens Nigerian manufacturers, MAN warns

Must Read

Digital Identity Expansion Positions NIN as a Platform for Financial Inclusion

Lagos Creative Ecosystem Ignites Innovation at CcHUB Gathering

New Vice Chancellor Sets Reform Agenda for Alex Ekwueme Federal University

Senate Hearing on Death Penalty Reopens Debate on Justice and Public Safety

Popular Posts

ISWAP Commander Killed as Troops Eliminate 50 Terrorists in North-East

Enugu Teachers Besiege Government House, Demand Release of Abducted Oyo Pupils

Oyo Lawmakers Defection Deepens as Six Reps Dump PDP for APM

Get in Touch

Most popular

Education

Governance

Technology

Uncategorized

Links