Police Rescue 19 Kidnap Victims in 4 States
By Oluwakemi Kindness The Nigeria Police Force has rescued 19 kidnapped victims in separate operations across Ogun, Enugu, Plateau and Oyo states. The Force Public Relations Officer, CSP Ani Iniedu, disclosed this in the Force’s state-by-state operational summary on Wednesday. According to the police, the operations were carried out between August 3 and 4 as […]
NAICOM Begins Issuing New Licences to 43 Insurers
By Oluwakemi Kindness The National Insurance Commission, NAICOM, has begun issuing new licence certificates to insurance companies that met its revised minimum capital requirements. The new certificates were presented to compliant insurers at the Commission’s headquarters in Abuja on Tuesday, marking a major milestone in Nigeria’s insurance industry recapitalisation programme. The Commissioner for Insurance, Olusegun Ayo-Omosehin, […]
NSITF Pays N31.72m to Families of Five Workers
By Chinedu Echianu The Nigeria Social Insurance Trust Fund (NSITF) has paid N31.72 million in compensation to five beneficiaries of federal workers under the Employees’ Compensation Scheme (ECS). The cheques were presented on Tuesday in Abuja to families of workers who died or suffered injuries in the course of their official duties. The payment is […]
CBN: Naira-Official FX Rate Gap Falls Below 2%
By Oluwakemi Kindness The Central Bank of Nigeria (CBN) says the gap between the official exchange rate and Bureau de Change rates has narrowed to below two per cent. The apex bank said the development reflects improving stability in the foreign exchange market. The Acting Director of Corporate Communications and Investor Relations Department of the […]
Nigeria’s Reserves Hit 17-Year High at $52.5bn – CBN
By Oluwakemi Kindness Nigeria’s foreign exchange reserves have climbed above $52.5 billion, reaching a 17-year high, the Central Bank of Nigeria (CBN) has said. The apex bank said the reserves, as of July 17, 2026, had also exceeded its annual target. The CBN attributed the increase to sustained foreign exchange inflows and renewed investor confidence […]
PFIPC: Businessman Tells Reps of N400m Contract Payment
By Oluwakemi Kindness A businessman, Gbenga Collins, on Tuesday told the House of Representatives how he allegedly paid N400 million to Adeniyi Adeyemi, who presented himself as the Director-General of the purported Presidential Foreign Investment Promotion Council (PFIPC), for a government contract that never materialised. Collins, Managing Director of Divine Dopacy Nigeria Limited, made the […]
Customs to Hold Annual Recruitment, 2026 Exercise Nears
By Oluwakemi Kindness The Nigeria Customs Service (NCS) says it will begin condcting its recruitment exercise annually, with the 2026 recruitment expected to open later this year. The Comptroller-General of Customs, Bashir Adewale Adeniyi, announced this on Tuesday while releasing the final list of successful candidates in the 2024–2025 recruitment exercise. Adeniyi said the move […]
Youths Must Lead Nigeria’s Future Now – Abbas
By Oluwakemi Kindness Speaker of the House of Representatives, Abbas Tajudeen, has called for a deliberate investment in preparing young Nigerians for leadership, declaring that they should no longer be regarded as merely the “leaders of tomorrow.” Speaking at the launch of the Leadership for Equity, Advocacy and Development (LEAD) Fellowship in Abuja on Tuesday, […]
Women Record Higher Selection Rate in Customs Recruitment
By Oluwakemi Kindness Women recorded a slightly higher selection rate than men in the latest Nigeria Customs Service (NCS) recruitment exercise, despite accounting for a smaller share of total applications. The Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, disclosed this on Tuesday while announcing the final list of 3,852 successful candidates selected from 573,680 […]
FG Pledges Support for Credible Investors, Says Shettima
By Mardiyyah Abubakar Vice President Kashim Shettima says the Federal Government is ready to support viable and credible investments across Nigeria. Shettima spoke on Monday at the Delta Economic and Investment Summit in Asaba, where government officials, investors and business leaders discussed ways to attract local and foreign investments. He said the growing number of […]