SEC Sets Higher Capital Thresholds for Market Operators

SEC headquarters in Nigeria, where new minimum capital rules for brokers, fund managers, and fintech firms were announced.

By: Aremu Toyeebaht Nigeria’s Securities and Exchange Commission (SEC) has launched the most significant revision of minimum capital requirements for capital market operators since 2015, in a move to strengthen market stability and protect investors. The new rules, outlined in a circular issued on January 16, 2026, give operators until June 30, 2027 to comply […]

Kalu Urges United Action to Tackle Food Insecurity

By Oluwakemi Kindness  The Deputy Speaker of the House of Representatives, Benjamin Kalu, has called for urgent and coordinated action by stakeholders across the agriculture value chain to address Nigeria’s food security challenges. Speaking at the Annual General Meeting of the All Farmers Association of Nigeria (AFAN) on Thursday in Abuja, Kalu stressed that agriculture […]

Budget Clarifies NEDC ₦246Bn Allocation, Debunks Salaries Claims

By Oluwakemi Kindness The Budget Office of the Federation (BOF) has rejected recent claims that the North East Development Commission (NEDC) operates a ₦246 billion salaries budget, describing the allegation as misleading and based on a misunderstanding of Nigeria’s federal budgeting process. Director-General of the Budget Office, Tanimu Yakubu, explained that the ₦246.77 billion figure […]

SEC, Police Forge Alliance to Combat Investment, Crypto Fraud

By Oluwakemi Kindness  The Securities and Exchange Commission (SEC) and the Nigeria Police Force (NPF) have agreed to establish a formal collaboration to combat illegal investment schemes, Ponzi operations, and cryptocurrency fraud across the country. The agreement was reached during a meeting between the Director-General of the SEC, Dr. Emomotimi Agama, and the Inspector-General of […]

Housing Ministry to Hold Stakeholders’ Meeting in Ilorin

By Sulyman Gobir The National Council on Lands, Housing and Urban Development has been described as a critical platform for aligning federal and state policies and advancing reforms in the housing and urban development sector. This is according to the Permanent Secretary of the Federal Ministry of Housing and Urban Development, Dr. Shuaib Belgore, ahead […]

TUC Hails Workers, Calls for Pay Review in 2026

By Chinedu Echianu The Trade Union Congress of Nigeria (TUC) has commended Nigerian workers for their solidarity and resilience, saying the labour movement emerged stronger in 2025 despite economic and policy challenges. In a New Year message issued by the National Administrative Council (NAC) to mark the beginning of 2026, the TUC leadership expressed gratitude […]

Tinubu Nominates Magnus Abe, 20 Others for New NUPRC, NMDPRA Boards

Former senator Magnus Abe nominated by President Bola Tinubu as chairman of the Nigerian Upstream Petroleum Regulatory Commission

By: Aremu Toyeebaht President Bola Tinubu has moved to complete the leadership structure of Nigeria’s petroleum regulators with the nomination of former Rivers South-East Senator Magnus Abe as chairman of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), alongside 20 other nominees submitted to the Senate for confirmation. In separate letters transmitted to the Senate on […]

NSITF Boss Commends Staff, Assures Continued Management Support

By Chinedu Echianu Managing Director and Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Barrister Oluwaseun Falaye, has commended staff of the organisation for their dedication and commitment, describing their hard work as the driving force behind the Fund’s progress and stability. Falaye gave the commendation in his New Year message to staff, […]

Tinubu Assures Nigerians of Stronger Economy, Improved Security in 2026

By Chinedu Echianu President Bola Tinubu has expressed optimism that 2026 will be a year of greater prosperity, stability and inclusive growth for Nigeria, assuring citizens that the economic reforms embarked upon by his administration are already yielding measurable results. In a New Year address to the nation on January 1, 2026, the President said […]

NSITF Records Major Improvement in ICPC Ethics, Integrity Rankings

By Chinedu Echianu The Nigeria Social Insurance Trust Fund (NSITF) has recorded a significant improvement in the 2025 Ethics and Integrity Compliance Scorecard (EICS) released by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). According to a statement issued in Abuja by the Chairman of the NSITF Anti-Corruption and Transparency Unit (ACTU), Josephine […]

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