FG Pays ₦1.1bn Exit Benefits to 175 Retiring Civil Servants
By Oluwakemi Kindness The Federal Government has started paying additional exit benefits to retiring civil servants, with about ₦1.1 billion already paid to 175 retirees. The National Pension Commission (PenCom) disclosed this in a statement on Friday, saying the beneficiaries exited the Federal Public Service between January 1 and August 31, 2026. Under the Federal […]
Darma Inaugurates Committee to Drive Housing Sector Reforms
By Sulyman Gobir The Minister of Housing and Urban Development, Engr. Muttaqa Rabe Darma, has inaugurated a 14-member Ministerial Committee to develop an implementation framework for validated stakeholder resolutions on housing sector reforms. Darma charged the committee to translate recommendations from stakeholders into concrete actions capable of transforming Nigeria’s built environment and positioning the housing […]
Court Extends Order Restraining NMDPRA From Dangote Refinery
By Julian Osamoto The Federal High Court in Lagos, has extended an interim order restraining the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), from interfering with operations at the Dangote Petroleum Refinery. Justice Akintayo Aluko extended the order on Wednesday, after NMDPRA and Dangote clashed over the regulator’s directive suspending propane loading and truck-out […]
CBN Makes Terrorism Financing Supervision a Priority
By Oluwakemi Kindness The Central Bank of Nigeria (CBN) has made the supervision of terrorism financing risks a priority as part of efforts to prevent the country’s financial system from being exploited by illicit actors. The apex bank said its supervisory activities would focus on how financial institutions identify, assess and manage terrorism financing risks, […]
Ekiti Pensioners Beg Oyebanji Over Unpaid Entitlements
By Mardiyyah Abubakar Pensioners of the Bamidele Olumilua University of Education, Science and Technology, Ikere-Ekiti (BOUESTI), have appealed to Ekiti State Governor Biodun Oyebanji to urgently intervene over unpaid pensions, gratuities and other outstanding entitlements. The BOUESTI Pensioners Association made the appeal in a letter dated September 7, 2026, addressed to the governor and signed […]
FG Moves to Unlock $25m Shipping Fund
By Zainab Bakare The Federal Government has begun moves to unlock up to $25 million from the Cabotage Vessel Financing Fund (CVFF) for Nigerian shipowners, more than two decades after the fund was established. Minister of Marine and Blue Economy, Gboyega Oyetola, disclosed this in a statement posted on X, describing the initiative as a […]
NILDS: Reliable Data, Innovation Key to Nigeria’s Growth
By Sulyman Gobir A stronger reliance on reliable data and innovation has been identified as crucial to addressing Nigeria’s economic and development challenges. The call was made at the GS26 Academic Conference in Abuja, where academics, technology stakeholders and other participants examined the role of evidence-based decision-making in promoting sustainable national development. Delivering the keynote […]
Nigeria’s Ports Record 12.3% Cargo Growth in Q2
By Oluwakemi Kindness Nigeria’s ports recorded a strong increase in cargo activity in the second quarter of 2026, with total throughput rising by 12.3 per cent to 35.74 million metric tonnes. The figure, contained in the Nigerian Ports Authority’s Q2 2026 Operational Performance Report, represents an increase from the 31.83 million metric tonnes recorded in […]
Oyedele Warns Customs Against Complacency Despite Gains
By Oluwakemi Kindness The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has warned the Nigeria Customs Service against complacency, despite its strong revenue performance and progress in trade facilitation. Oyedele, who chairs the Nigeria Customs Service Board, gave the warning during his inaugural board meeting and facility tour at Customs Headquarters […]
Afrocentric Expo: FG Eyes New Jobs, Global Business Partnerships
By Arinzechi Chukwunonso The Federal Government says the Afrocentric Cultural Expo 2026 will unlock new jobs and international business partnerships by connecting Nigeria’s creative talents with global opportunities. The government also expects the initiative to attract investment, boost tourism and create new economic opportunities by showcasing Nigeria’s cultural and creative strengths to audiences, businesses and […]