Speaker Abbas Commends Tinubu for Reviving Nigeria’s Downstream Oil Sector
By Oluwakemi Kindness The Speaker of the House of Representatives, Tajudeen Abbas, has praised President Bola Ahmed Tinubu’s administration for revitalizing Nigeria’s oil and gas industry, particularly the downstream sector. Speaking on Monday at the opening of the First Annual Downstream Petroleum Week in Abuja, Abbas said the sector is experiencing a historic revival under […]
Nigeria Leads Regional Push for Climate-Resilient Insurance Framework
By Oluwakemi Kindness Nigeria is taking the lead in reshaping how West Africa uses insurance to confront the growing threat of climate change. At the opening of the 2025 West African Insurance Companies Association (WAICA) Conference on Monday in Lagos, the Commissioner for Insurance, Olusegun Ayo Omosehin, urged insurers across the region to move beyond […]
PTAD Reaffirms Commitment to Pensioners’ Welfare
By Oulwakemi Kindness The Pension Transitional Arrangement Directorate (PTAD) has restated its unwavering commitment to the welfare, dignity, and satisfaction of Nigerian pensioners. The directorate assured that no retiree’s years of service will go unrewarded. PTAD’s Executive Secretary, Dr. Tolulope Odunaiya, gave the assurance as the agency joined public institutions nationwide to mark the 2025 […]
FG to Launch Tax Ombud Office to Safeguard Taxpayers’ Rights
By Oluwakemi Kindness From January 1, 2026, Nigerian taxpayers will have a new avenue to resolve disputes as the Federal Government launches the Office of the Tax Ombud (OTO), a key feature of President Bola Tinubu’s ongoing tax reforms. Established under the Joint Revenue Board of Nigeria (Establishment) Act, 2025, the Ombud will serve as […]
Customs, NCC Partner to Boost Revenue, Block Substandard Phones
By Oluwakemi Kindness The Comptroller-General of Customs (CGC), Adewale Adeniyi, has pledged deeper collaboration with the Nigerian Communications Commission (NCC) to improve government revenue and enhance national security through tighter control of imported communication devices. Adeniyi made the commitment when he received the Executive Vice Chairman of NCC, Dr. Aminu Maida, and his team on […]
NEXIM Bank Secures BBB+ Rating, Doubles Profit to ₦30.47bn
By Oluwkemi Kindness The Nigerian Export-Import Bank (NEXIM) has earned a “BBB+” credit rating from Agusto & Co., confirming its strong financial position and ability to meet obligations among Nigeria’s development finance institutions. According to reports, in 2024, NEXIM posted an operating profit of ₦30.47 billion, more than double the ₦13.75 billion recorded in 2023. […]
SEC DG Pushes for Urgent West African Capital Market Integration
By Oluwakemi Kindness Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has called on West African countries to fast-track capital market integration. This is as he warns that delay will limit the region’s ability to mobilise the massive investments needed for economic transformation. Speaking in Abuja at the Experts Meeting on Validation […]
Avoid Ponzi Schemes, Save Safely -NDIC Warns Nigerians
By Oluwakemi Kindness The Nigeria Deposit Insurance Corporation (NDIC) has issued a fresh warning to Nigerians against falling victim to Ponzi schemes and fraudulent investment platforms. It stresses that only funds kept in licensed and insured financial institutions are protected. The caution was delivered during the NDIC Special Day at the 20th Abuja International Trade […]
No Retiree Will Be Left Behind – PenCom
By Oluwakemi Kindness Speaking at the Stakeholders’ Conference on the Workings of the CPS in Abuja, PenCom’s Director General, Omolola Oloworaran, described the gathering as “a continuation of a national conversation that directly impacts the lives, dignity, and future of millions of Nigerian workers and retirees.” Represented by the Acting Commissioner for Technical, Hafiz Kawu-Ibrahim, […]
Tinubu to Inaugurate Renovated National Theatre on Independence Day
By Oluwakemi Kindness President Bola Tinubu will on Wednesday, October 1, inaugurate the newly renovated National Arts Theatre, Iganmu, Lagos, as part of events marking Nigeria’s 65th Independence Anniversary. The project, executed by the Central Bank of Nigeria (CBN) and the Bankers’ Committee, is described as a major investment in Nigeria’s cultural heritage and creative […]