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Nigeria & Brazil Partner on Mobile Money Expansion

01.09.2025
Nigeria and Brazil have opened talks aimed at strengthening economic and financial cooperation, with a particular focus on payment systems, fintech, and mobile money expansion. The discussions were held in Brasília between the Governor of the Central Bank of Nigeria, Olayemi Cardoso, and his Brazilian counterpart, Gabriel Galípolo, during President Bola Tinubu’s state visit to...
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Naira Volatility Driven by FX Demand – Oyedele

01.09.2025
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has identified discretionary demand for foreign exchange as a major driver of the naira’s volatility. Speaking at the Nigerian Economic Summit Group’s half-year review of the economy in Lagos recently, Oyedele emphasised that the naira’s stability depends on addressing this discretionary...
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N’West Leads FEC Projects with N5.97tn – Budget Office

01.09.2025
The Budget Office of the Federation has disclosed that the North-West geopolitical zone received the highest share of Federal Executive Council projects approved under President Bola Tinubu, amounting to N5.97tn or more than 40 per cent of the total N10.92tn approvals. The Director-General of the Budget Office, Tanimu Yakubu, made this revelation in a statement...
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Nigeria Threatens Gencos with Grid Disconnection Over Infrac

01.09.2025
Baffled by the incessant collapse of the national grid, the Federal Government, through the Nigerian Electricity Regulatory Commission, has issued an order mandating all electricity generation companies connected to the grid to implement Free Governor Control across their generating units, warning that non-compliance would attract heavy penalties, including disconnection from the grid. The order, referenced...
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PenOp Champions Liver Health Awareness for Pension Workers

01.09.2025
The Pension Fund Operators Association of Nigeria has held a knowledge-sharing session on liver damage, its prevention, and management as part of its commitment to employee wellness. In a statement, PenOp said that the session drew over 300 participants from across the pension industry, creating a vibrant platform for learning and engagement. The session, introduced...
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PenCom Warns PFAs Against RSA Holder Inducement

01.09.2025
The National Pension Commission has issued a stern warning to all licensed pension fund administrators on the inducement of retirement savings account holders. The circular directed to all pension fund administrators was signed by the Director of the Surveillance Department, A.M. Saleem, PenCom, reiterating its zero-tolerance stance against the inducement of RSA holders. In a...
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Coalition Tackles Extreme Heat i

01.09.2025
The TECA Heat Action Wave coalition has pledged $1.1m to support 12 early-stage climate ventures. In a statement, it was noted that the coalition launched in Nigeria to tackle the growing threat from extreme heat. It stated, “TECA Heat Action Wave, a new initiative to address Nigeria’s escalating extreme heat crisis, has been launched by...
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Pension Fund Dispute Resolved: FG, NLC Reach Agreement

01.09.2025
The Federal Government and the Nigeria Labour Congress have resolved a dispute over workers’ pension funds following a meeting with the National Pension Commission on August 29, 2025. The meeting, led by PENCOM Director-General Omolola Oloworaran, marked the DG’s first official interaction with the NLC since assuming office in July 2024, the union said in...
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Federal Workers Struggle to Access Housing Loans

01.09.2025
The Federal Government has said many federal workers are unable to access its housing loan schemes because they have mortgaged their salaries through multiple loans from commercial lending agencies. The Executive Secretary of the Federal Government Staff Housing Loans Board, Hajiya Ahmed, explained that the heavy loan deductions from workers’ salaries make them ineligible for...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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