News – Page 27 – Democracy Radio

SEC Sets 2027 Deadline for Global Sustainability Standards Enforcement

By Oluwakemi Kindness The Securities and Exchange Commission (SEC) has announced a phased plan to adopt the International Sustainability Standards Board (ISSB) disclosure framework. SEC said the move will boost investor confidence, reduce information risks, and unlock greater access to international capital for Nigerian issuers. SEC Director-General, Dr. Emomotimi Agama, stated this while speaking at a panel session on IFRS S1 and S2 standards, saying aligning with the global baseline is “central to building a transparent, resilient, and globally competitive […]

September 12, 2025

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Business

NUPENG Accuses Dangote of Breaching Agreement, Threatens Fresh Strike

By Chinedu Echianu The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has accused the Dangote Group of reneging on agreements reached with the Federal Government over workers’ unionization rights, warning that it may resume its recently suspended nationwide strike. In a statement issued on Thursday and signed by its National President, Comrade Williams Akporeha, and General Secretary, Comrade Afolabi Olawale, the union alleged that Alhaji Sayyu Aliu Dantata, a top executive in the Dangote conglomerate, had directed petroleum […]

September 12, 2025 1

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Business

Banking, Fintech Complaints Top as FCCPC Recovers ₦10bn

By Oluwakemi Kindness The Federal Competition and Consumer Protection Commission (FCCPC) has disclosed that Nigerian consumers recovered more than ₦10 billion between March and August 2025. This comes as banking and fintech services emerged as the leading sources of consumer complaints. According to updated data released by the Commission on Thursday, banking accounted for 3,173 complaints, while fintech services followed with 1,442. This the commission said underscores recurring grievances over loan deductions, account charges, transaction disputes, and unauthorised debits. Fast […]

September 11, 2025 1

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Economy

CBN Unveils PSV 2028 to Shape Nigeria’s Digital Payments Future

By Oluwakemi Kindness The Central Bank of Nigeria (CBN) has unveiled the Nigeria Payments System Vision 2028 (PSV 2028), a new strategic blueprint designed to deepen financial inclusion. The blueprint will also enhance interoperability, and position the country’s payments ecosystem as globally competitive. Speaking at the inaugural meeting of the PSV 2028 Project Committee in Lagos, Director of the Payments System Policy Department (kPSPD), Musa Itopa Jimoh, described the initiative as a “national assignment” that will redefine how individuals, businesses, […]

September 11, 2025 1

IGP Egbetokun addresses police pension issues after viral video by retired officer

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Security

Border Security: IGP Orders Monthly Reports

By Oluwakemi Kindness The Inspector General of Police (IGP), Kayode Egbetokun has ordered commanders of the Border Patrol Section of the Nigerian Police to submit detailed monthly reports on their operations, warning that failure to do so will be regarded as dereliction of duty. Speaking at a meeting with senior border commanders in Abuja on Thursday, the IGP said the reports must highlight key operational achievements including the interception of arms and ammunition, the seizure of narcotics and contraband goods, […]

September 11, 2025 1

French parliamentary committee calls for social media ban for children under 15 and curfew for teens, targeting TikTok’s impact on youth.

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World News

French Lawmakers Warn of Social Media’s Harmful Impact on Minors

By: Aremu Toyeebaht A French parliamentary committee has sounded the alarm on the dangers of social media use among minors, urging a total ban for children under 15 and a nighttime “digital curfew” for teenagers aged 15 to 18. The recommendations, published Thursday, follow months of testimony from families, influencers, and executives of major platforms. Lawmakers said the move is aimed at protecting young people from addiction, harmful content, and mental health risks. Committee chair Arthur Delaporte told AFP that […]

September 11, 2025 1

ECOWAS officials and stakeholders launch Social Protection Framework 2024–2028 to reduce poverty in West Africa.

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Business

ECOWAS Unveils Social Protection Framework and Operational Plan (2024–2028)

By: Chinedu Echianu The Economic Community of West African States (ECOWAS) has launched a Social Protection Framework and Operational Plan (2024–2028) aimed at expanding coverage and tackling poverty across the sub-region. Speaking at the launch, General Secretary of the Organisation of Trade Unions of West Africa (OTUWA), John Odah, said that with the exception of Cape Verde, West African countries were performing poorly in social protection coverage. He stressed the need for governments to prioritise policies that directly benefit vulnerable […]

September 11, 2025 3 2

Nigeria Labour Congress President Joe Ajaero addresses power sector failures after national grid collapse.

General

NLC Blames Government for National Grid Collapse

By: Chinedu Echianu The Nigeria Labour Congress (NLC) has accused the federal government of lacking seriousness in fixing the power sector, following the total collapse of the national electricity grid on Thursday. In a strongly worded statement signed by its President, Comrade Joe Ajaero, the NLC described the recurring nationwide blackouts as “not an accident” but the outcome of a system deliberately structured to fail. "The power sector has been designed for perpetual darkness,” Ajaero said, alleging that successive administrations […]

September 11, 2025

Ghana’s President John Mahama speaking on U.S. deportation deal to accept West African nationals, including Nigerians, in Accra.

World News

Ghana Accepts Nigerians, West African Deportees From U.S

By: Aremu Toyeebaht Ghana has confirmed it is now receiving West African nationals deported from the United States, including Nigerians, under a new arrangement with Washington. At a press conference on Wednesday, Mahama disclosed that 14 deportees — including Nigerians, a Gambian, and other West Africans — had already been processed through Accra, with Ghanaian authorities overseeing their return to their respective home countries “We were approached by the U.S. to accept third-party nationals who were being removed from the […]

September 11, 2025