Senate Summons Aviation Minister Over Rising Flight Delays, Cancellations
By: Aremu Toyeebaht The Senate on Wednesday summoned Minister of Aviation and Aerospace Development, Festus Keyamo, Nigerian Civil Aviation Authority (NCAA) Director General Captain Chris Najomo and other key stakeholders amid growing concern over persistent flight delays and cancellations across Nigeria. The action follows a motion by Senator AbdulFatai Buhari (APC, Oyo North), directing the Senate […]
SEC Introduces T+1 Settlement For Faster Transaction
By Oluwakemi Kindness Nigeria’s Securities and Exchange Commission (SEC) has outlined fresh measures to modernise the capital market. This include a shift to a T+1 settlement cycle aimed at reducing risk and speeding up transactions. Speaking at the 2025 second Capital Market Committee meeting, SEC Director-General Dr Emomotimi Agama said the long-term goal is to […]
NEPZA Seeks 10-Year Tax Break for SEZ Investors
By Oluwakemi Kindness The Nigeria Export Processing Zones Authority (NEPZA) has urged the Federal Government to grant a minimum 10-year tax relief to operators in the Special Economic Zones (SEZs) to enable them adjust to the country’s new tax laws and remain competitive. NEPZA made the appeal during a virtual stakeholder dialogue hosted by the […]
Nigeria’s Agricultural Future at Risk Without Climate-Smart Innovation – ARCN
By Oluwakemi Kindness Nigeria’s agriculture sector faces a critical turning point, with experts warning that the country’s food security is under threat unless it embraces research-driven, climate-smart farming practices. Dr. Abubakar Adamu Dabban, Executive Secretary of the Agricultural Research Council of Nigeria (ARCN), sounded the alarm at the opening of the National Summit on Agroecology […]
FG Opens December Savings Bonds Subscription, Offers Up to 13.84%
By: Aremu Toyeebaht The Federal Government of Nigeria has officially opened subscriptions for its December Savings Bonds, providing investors with a secure opportunity to earn attractive returns fully backed by government credit, the Debt Management Office (DMO) announced on Wednesday. Two bond tranches are on offer: Two-year FGN Savings Bond maturing on December 10, 2027, […]
Reps To Probe Missing N30bn Recovered From NSIPA Investigation
By Oluwakemi Kindness The House of Representatives has resolved to investigate the whereabouts of more than N30 billion recovered during the 2024–2025 probe of the National Social Investment Programme Agency (NSIPA). This follows concern that the funds have not been remitted into the agency’s Treasury Single Account (TSA). The decision was reached on Tuesday after […]
Accurate Asset Valuation Key to Repaying Depositors in Failed Banks – NDIC
By Oluwakemi Kindness The Nigeria Deposit Insurance Corporation (NDIC) says accurate valuation of assets belonging to failed banks is essential to protecting depositors and maintaining confidence in the financial system. NDIC Managing Director/Chief Executive, Thompson Oludare-Sunday, stated this during a courtesy visit by the President of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), […]
NSITF to Strengthen Risk Management for Better Service Delivery
By Chinedu Echianu The Nigeria Social Insurance Trust Fund (NSITF) says it is intensifying efforts to expand its internal risk management framework as part of ongoing reforms to enhance the Fund’s efficiency and effectiveness in delivering social security services nationwide. Managing Director and Chief Executive, Barrister Oluwaseun Faleye, gave this assurance while receiving a delegation […]
FG Rolls Out ECOWAS Biometric ID Card to Enhance Regional Travel
By: Aremu Toyeebaht The Federal Government has officially launched the ECOWAS National Biometric Identity Card (ENBIC), positioning Nigeria as a regional leader in digital identity and security. The card is expected to improve cross-border verification, strengthen intelligence gathering, curb irregular migration, and reduce cross-border crimes across West Africa. At the Abuja launch, Minister of Interior […]
Workplace Safety Must Come First, NSITF Tells Conference
By Chinedu Echianu Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Barrister Oluwaseun Faleye, has declared that preventing workplace accidents—not compensating for them—remains the Fund’s highest priority, warning that every claim represents “a story of pain” that no payment can ever truly erase. Faleye, represented by the General Manager of the Health, Safety […]