NCPC Boss Expresses Hope for Peace, Prosperity in 2026
By Chinedu Echianu The Executive Secretary of the Nigerian Christian Pilgrim Commission (NCPC), Bishop Stephen Adegbite, has expressed optimism that Nigeria will experience peace and prosperity in the New Year. In a New Year message signed by the Commission’s spokesman, Celestine Toruka, Bishop Adegbite said he believes that God will bring positive transformation to the […]
Akpabio Reaffirms Senate’s Commitment to National Stability in 2026
By Anayo Akwitti The President of the Senate, Godswill Akpabio, has expressed confidence that 2026 will be a year of renewed hope and steady national progress, anchored on institutional responsibility, legislative diligence, and collective resolve. In his New Year message, signed by his Special Adviser on Media, Eseme Eyiboh, Senator Akpabio acknowledged the resilience […]
Presidency Insists New Tax Laws to Take Effect January 1, 2026
By Chinedu Echianu The Presidency has reaffirmed that Nigeria’s new tax laws will commence on January 1, 2026, as scheduled, dismissing speculations about any delay or suspension of the reforms. In a press statement issued on December 30, 2025, President Bola Tinubu said the tax reforms, including those that took effect on June 26, 2025, […]
Nigeria’s PMI Rises to 57.6 Points, Hits Five-Year High — CBN
By Oluwakemi Kindness The Central Bank of Nigeria (CBN) says the country’s business activity expanded to its strongest level in about five years in December, with the Composite Purchasing Managers’ Index (PMI) rising to 57.6 points. In a statement issued on Tuesday night by the Acting Director of Corporate Communications, Hakama Sidi-Ali, the apex bank […]
Nigeria Posts $4.6bn Balance of Payments Surplus in Q3 2025 – CBN
By Oluwakemi Kindness The Central Bank of Nigeria (CBN) says Nigeria recorded an overall Balance of Payments (BOP) surplus of $4.60 billion in the third quarter of 2025, a turnaround from the deficit recorded in the previous quarter. According to the CBN in a satement on Tuesday night, the improvement was driven by a current […]
No Extension for July 30, 2026 Recapitalisation Deadline – NAICOM
By Oluwakemi Kindness The National Insurance Commission (NAICOM) has declared that there will be no extension of the July 30, 2026 recapitalisation deadline for insurance companies operating in Nigeria. The Commissioner for Insurance, Olusegun Ayo-Omosehin, stated this on Tuesday in Abuja while speaking at a seminar for insurance journalists. He was represented at the event […]
NDIC Seeks Exemption from 50% Cost-to-Income Policy
By Oluwakemi Kindness The Nigeria Deposit Insurance Corporation (NDIC) says it is seeking an exemption from the Federal Government’s 50 per cent cost-to-income ratio policy. The NDIC cited its impact on the Corporation’s ability to build a strong Deposit Insurance Fund and respond effectively to bank failures. The Managing Director and Chief Executive of NDIC, […]
Rivers Set for Change in 2027, Wike Tells Khana Supporters
BY SOFIAT ADENEKAN-ABDUL Political realignments ahead of the 2027 elections took centre stage in Rivers State as indications emerged that past leadership choices at the state level may be reviewed. The signal came during a gathering at Khana Local Government Area, where residents and political leaders hosted a high-profile visit in Bori. Speaking at the […]
PTAD Expresses Readiness to Collaborate With States on Pension Administration
By Oluwakemi Kindness The Pension Transitional Arrangement Directorate (PTAD) has reaffirmed its willingness to work with state governments to improve pension administration. This is particularly in the area of verification and payment processes, stressing that provided such collaboration is formally requested. PTAD’s Assistant Director, I.T department, Adamu Ismaila, stated this on the sideline of an […]
New Tax Framework to Cut Operating Costs for Airlines — FG
By Oluwakemi Kindness The Presidential Fiscal Policy and Tax Reforms Committee has dismissed claims that Nigeria’s new tax laws will negatively affect the aviation industry. Rather it is insisting that the reforms are designed to ease long-standing cost pressures on airlines rather than worsen them. In a statement on monday, the committee acknowledged the genuine […]