News – Page 33 – Democracy Radio

NCPC Boss Expresses Hope for Peace, Prosperity in 2026

By Chinedu Echianu The Executive Secretary of the Nigerian Christian Pilgrim Commission (NCPC), Bishop Stephen Adegbite, has expressed optimism that Nigeria will experience peace and prosperity in the New Year. In a New Year message signed by the Commission's spokesman, Celestine Toruka, Bishop Adegbite said he believes that God will bring positive transformation to the country, declaring that “the Lord will do a new thing for Nigeria, and everyone will see it and rejoice.” He stressed that peace remains the […]

January 1, 2026

Politics

Akpabio Reaffirms Senate’s Commitment to National Stability in 2026

By Anayo Akwitti The President of the Senate, Godswill Akpabio, has expressed confidence that 2026 will be a year of renewed hope and steady national progress, anchored on institutional responsibility, legislative diligence, and collective resolve. In his New Year message, signed by his Special Adviser on Media, Eseme Eyiboh, Senator Akpabio acknowledged the resilience of Nigerians and underscored the central role of the National Assembly particularly the Senate in sustaining democratic stability, promoting accountability, and advancing the nation’s development […]

January 1, 2026

Uncategorized

Presidency Insists New Tax Laws to Take Effect January 1, 2026

By Chinedu Echianu The Presidency has reaffirmed that Nigeria’s new tax laws will commence on January 1, 2026, as scheduled, dismissing speculations about any delay or suspension of the reforms. In a press statement issued on December 30, 2025, President Bola Tinubu said the tax reforms, including those that took effect on June 26, 2025, and the remaining acts due to begin in 2026, would proceed as planned. He described the reforms as a “once-in-a-generation opportunity” to establish a fair, […]

December 31, 2025

Economy

Nigeria’s PMI Rises to 57.6 Points, Hits Five-Year High — CBN

By Oluwakemi Kindness The Central Bank of Nigeria (CBN) says the country’s business activity expanded to its strongest level in about five years in December, with the Composite Purchasing Managers’ Index (PMI) rising to 57.6 points. In a statement issued on Tuesday night by the Acting Director of Corporate Communications, Hakama Sidi-Ali, the apex bank said the index remained well above the 50-point benchmark that separates expansion from contraction. “The December 2025 PMI Survey puts the Composite Index at 57.6 […]

December 31, 2025

Economy

Nigeria Posts $4.6bn Balance of Payments Surplus in Q3 2025 – CBN

By Oluwakemi Kindness The Central Bank of Nigeria (CBN) says Nigeria recorded an overall Balance of Payments (BOP) surplus of $4.60 billion in the third quarter of 2025, a turnaround from the deficit recorded in the previous quarter. According to the CBN in a satement on Tuesday night, the improvement was driven by a current account surplus of $3.42 billion. The statement by the Acting Director, Cooprate Communication, CBN, Hakama Sidi-Ali, says this underpinned by stronger trade performance, resilient remittance […]

December 31, 2025

Economy

No Extension for July 30, 2026 Recapitalisation Deadline – NAICOM

By Oluwakemi Kindness The National Insurance Commission (NAICOM) has declared that there will be no extension of the July 30, 2026 recapitalisation deadline for insurance companies operating in Nigeria. The Commissioner for Insurance, Olusegun Ayo-Omosehin, stated this on Tuesday in Abuja while speaking at a seminar for insurance journalists. He was represented at the event by the Deputy Commissioner for Technical Operations, Dr. Usman Jankara. Omosehin said the deadline is backed by law, stressing that the recapitalisation exercise derives its […]

December 31, 2025

Economy

NDIC Seeks Exemption from 50% Cost-to-Income Policy

By Oluwakemi Kindness The Nigeria Deposit Insurance Corporation (NDIC) says it is seeking an exemption from the Federal Government’s 50 per cent cost-to-income ratio policy. The NDIC cited its impact on the Corporation’s ability to build a strong Deposit Insurance Fund and respond effectively to bank failures. The Managing Director and Chief Executive of NDIC, Thompson Sunday, made this known during a courtesy visit to the Managing Director and Chief Executive of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong […]

December 31, 2025

Uncategorized

Rivers Set for Change in 2027, Wike Tells Khana Supporters

BY SOFIAT ADENEKAN-ABDUL Political realignments ahead of the 2027 elections took centre stage in Rivers State as indications emerged that past leadership choices at the state level may be reviewed. The signal came during a gathering at Khana Local Government Area, where residents and political leaders hosted a high-profile visit in Bori. Speaking at the event, the Minister of the Federal Capital Territory, Nyesom Wike, said leaders must reflect the will of the people and not pursue personal interests. He […]

December 30, 2025

Economy

PTAD Expresses Readiness to Collaborate With States on Pension Administration

By Oluwakemi Kindness The Pension Transitional Arrangement Directorate (PTAD) has reaffirmed its willingness to work with state governments to improve pension administration. This is particularly in the area of verification and payment processes, stressing that provided such collaboration is formally requested. PTAD's Assistant Director, I.T department, Adamu Ismaila, stated this on the sideline of an interactive session with Newsmen and stakeholders, where concerns were raised over the risks pensioners face in some states due to repeated physical verification exercises, including […]

December 30, 2025