NEPZA, NDLEA Strengthen Collaboration to Streamline Free Trade Zone Operations

By Oluwakemi Kindness The Nigeria Export Processing Zones Authority (NEPZA) and the National Drug Law Enforcement Agency (NDLEA) have agreed to strengthen cooperation in order to support the Federal Government’s One-Stop-Shop framework across all Free Trade Zones (FTZs). The understanding was reached during a phone conversation between Dr. Olufemi Ogunyemi, Managing Director/CEO of NEPZA, and […]

NCAA Clears Ogun Agro-Cargo Airport For Commercial Operations

By: Aremu Toyeebaht The Nigeria Civil Aviation Authority (NCAA) has officially granted a commercial operational licence to the Gateway International Agro-Cargo Airport in Ogun State, paving the way for the commencement of commercial activities at the newly built facility. The Director of Aerodrome and Airspace Standards, Balang Godwin, confirmed the development in a telephone conversation […]

PenCom Suspends Seven Mortgage Banks Over Housing Loan Non-Compliance

NSITF retirees receive record pension increase following PenCom approval in Nigeria

By: Aremu Toyeebaht The National Pension Commission (PenCom) has taken decisive action to safeguard pension contributors’ funds by suspending equity contribution applications submitted through seven Primary Mortgage Banks (PMBs) over alleged breaches of its housing loan guidelines. In a circular dated August 11, 2025, signed by the Head of Benefits and Insurance Department, Obiora Ibeziako, […]

NSITF Honoured with Award for Advancing Workforce Protection and Productivity

By Chinedu Echianu The Nigeria Social Insurance Trust Fund (NSITF) has added another feather to its cap as the Barrister Oluwaseun Faleye-led management received a prestigious award for advancing workforce protection and productivity. The recognition came just days after Vice President Kashim Shettima openly endorsed the innovative reforms introduced by the current NSITF leadership. The […]

NSITF MD: Digital Transformation of Operations Urgent, Not Optional

By Chinedu Echianu The Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Barrister Oluwaseun Faleye, has stressed the urgent need to digitalize the Fund’s operations, describing the move as a necessity rather than an option. Faleye made this known during his opening remarks at the Bi-Annual Regional Management Performance Review (RMPR), which is […]

Economists Warn Nigeria’s Shrinking Industrial Base Threatens Long-Term Growth

Prof. Adeola Adenikinju, President of the Nigerian Economic Society, speaking during a press briefing on Nigeria’s economic outlook.

By Julian Osamoto Economists are warning that Nigeria’s shrinking industrial base could worsen poverty and unemployment, unless the government adopts deliberate and sustained policy measures, despite recent economic reforms. Speaking at a one-day sensitisation workshop on the newly released Rebased Gross Domestic Product and Consumer Price Index data from the National Bureau of Statistics NBS, […]

Abuja’s Groovy December Festival Eyes ₦11tn Tourism Windfall

By Oluwakemi Kindness Abuja is set to take centre stage in Nigeria’s tourism calendar with the launch of Abuja Groovy December, a 16-day mega festival aiming to tap into the over ₦11 trillion in tourism revenue projected for 2025. The festival scheduled to debut this December will feature more than 35 events across music, culture, […]

Customs, FIRS Target Q1 2026 Single Window Launch

By Oluwakemi Kindness The Nigeria Customs Service (NCS), the Federal Inland Revenue Service (FIRS), and the National Single Window (NSW) Secretariat have reaffirmed their commitment to fast-tracking the take-off of the Nigerian National Single Window Project, set for launch in the first quarter of 2026. At a high-level meeting in Abuja on Tuesday, Comptroller-General of […]

NSDC, Investors Seal Landmark Deal to Produce 400,000MT of Sugar Annually

By Oluwakemi Kindness The National Sugar Development Council (NSDC) has signed landmark agreements with four private operators to establish large-scale greenfield projects that will produce a combined 400,000 metric tonnes of sugar every year. The agreements, signed at the NSDC headquarters in Abuja, involve Brent Sugar (Oyo State), Niger Foods (Niger State), Legacy Sugar (Adamawa […]

VP Shetima Hails “New” NSITF as Faleye insists Social Insurance Catalyst not Cost

By Chinedu Echianu The Vice President, Kashim Shetima has hailed the Nigeria Social Insurance Trust Fund,(NSITF), calling it the “New NSITF,” in an apparent approval of the effort of the Barrister Oluwaseun Faleye-led management efforts at repositioning the Fund to better serve Nigerian workers. Vice President Kashim Shetima, who visited the exhibition stand of the […]

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