NSITF Promises Quick Payouts to Victims of Afriland Towers Fire
By Chinedu Echianu The management of the Nigeria Social Insurance Trust Fund (NSITF) has paid a condolence visit to the Federal Inland Revenue Service (FIRS), United Capital PLC, and the families of victims of the tragic Afriland Towers fire, pledging speedy payment of benefits and claims to those affected. Led by the General Manager, Compliance, […]
Agama: Technology Key to Building Investor Trust in Nigeria’s Capital Market
By Oluwakemi Kindness Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has reaffirmed the Commission’s commitment to using technology as a tool to rebuild investor confidence and position Nigeria’s capital market for global competitiveness. According to a statement on Sunday by the commission, the SEC boss stated this in Abuja during […]
No Strikes or Lockouts Allowed in Dangote Refinery, Other Free Zones – NEPZA
By Oluwakemi Kindness The Nigeria Export Processing Zones Authority (NEPZA) has reaffirmed that strikes and lockouts are prohibited for ten years in Free Trade Zones, including the Dangote Refinery. Managing Director of NEPZA, Olufemi Ogunyemi, who said this in Abuja on Thursday noted that Section 18(5) of the NEPZA Act expressly bans industrial actions in […]
NDLEA Backs Controlled Export of Cannabis Oil, Opposes Local Consumption
By Oluwakemi Kindness The National Drug Law Enforcement Agency (NDLEA) says it is not opposed to the controlled export of cannabis oil for medical and industrial purposes but maintains firm opposition to its local consumption in Nigeria. Chairman/Chief Executive of the Agency, Brigadier-General Mohamed Buba Marwa (Rtd.), made this clear on Wednesday in Abuja at […]
Ogunjimi Seeks ICAN-UK Support To Transform National Treasury Academy
By Oluwakemi Kindness The Accountant General of the Federation, Shemeldeen Ogunjimi, has urged the United Kingdom District of the Institute of Chartered Accountants of Nigeria (ICAN-UK) to partner with Nigeria in repositioning the National Treasury Academy, Orozo, into a world-class institution for public financial management and accounting. Ogunjimi made the call in Abuja while receiving […]
Pencom: FG’s N758bn Pension Bond to Clear Arrears, Rebuild Trust
By: Aremu Toyeebaht The National Pension Commission (PenCom) has described President Bola Tinubu’s approval of a ₦758 billion bond to clear outstanding pension arrears as a major milestone in rebuilding trust and accountability within Nigeria’s pension system. The fund, approved under the Contributory Pension Scheme (CPS), is designed to settle long-standing pension liabilities owed to […]
Reps Move to Stop Implementation of FCCPC Digital Lending Regulations
By Oluwakemi Kindness The House of Representatives has called for the immediate suspension of the Federal Competition and Consumer Protection Commission’s (FCCPC) Digital, Electronic, Online, and Non-Traditional Consumer Lending Regulations 2025. This follows widespread concerns from key industry stakeholders and was as result of a motion of urgent public importance moved on Tuesday by Hon. […]
World Day for Decent Work: NLC Warns Against “Sacred Cows” in Labour Relations
By Chinedu Echianu The Nigeria Labour Congress (NLC) has issued a strong warning to the Federal Government and private employers, declaring that no company or individual should be placed above the law in matters of workers’ rights. In a statement to mark the World Day for Decent Work, NLC President, Comrade Joe Ajaero, said Nigerian […]
Katsina Governor Backs NSITF’s ECS As Faleye Raises Alarm Over Non-Compliance
By Chinedu Echianu Governor Umar Radda of Katsina State has pledged his administration’s support for the Employees’ Compensation Scheme (ECS) managed by the Nigeria Social Insurance Trust Fund (NSITF), amid growing concerns over widespread non-compliance by state and local governments across the country. Governor Radda made the commitment during a courtesy visit to the NSITF […]
Tinubu Seeks $2.34bn Loan to Fund 2025 Budget
By Oluwakemi Kindness President Bola Ahmed Tinubu has formally requested the approval of the House of Representatives for the Federal Government to raise $2.34 billion in external capital to fund part of the 2025 budget deficit and refinance maturing Eurobonds. In a letter read by Speaker Tajudeen Abbas during Tuesday’s plenary, President Tinubu said the […]