Nigerian workers under the Contributory Pension Scheme (CPS) have contributed a total of N23.33 trillion as of the end of the first quarter of 2025. According to Mr Saleem Abdulrahman, Director of Surveillance, National Pension Commission, PenCom, the figure represents an increase of N820 billion when compared with[Read More…]
The first batch of Lagos State Pilgrims that participated in the just-concluded 2025 Hajj in the Kingdom of Saudi Arabia has returned home. The 423 pilgrims, comprising 179 males and 244 females, touched down in Lagos on Tuesday via a Flynas Airbus XY9014. Chairman of the Working Committee and[Read More…]
The Federation Account Allocation Committee (FAAC), has shared N1.659 trillion, being May 2025 revenue among the Federal Government, States and the Local Government Councils (LGCs). The revenue was shared at the June meeting of FAAC in Abuja on Wednesday. This is according to a communiqué issued at the[Read More…]
Justice Yusuf Halilu of an FCT High Court, on Monday, admitted the former Governor of Central Bank of Nigeria (CBN), Godwin Emefiele to bail in the sum of N2 billion in a fresh charge of property fraud. The Economic and Financial Crimes Commission (EFCC) filed an eight-count charge against[Read More…]
President Bola Ahmed Tinubu has conferred national honours on notable Nigerians, including posthumous awards for late pro-democracy activists, politicians, journalists, and civil rights leaders, as part of activities marking Nigeria’s 2025 Democracy Day celebration. Tinubu described the honourees as ‘heroes and heroines of democracy.’ The president,[Read More…]
The Chartered Institute of Procurement and Supply (CIPS) has presented the Procurement Excellence Standard Certificate to Seplat Energy Plc, the foremost Nigerian independent energy company. The Global Chief Executive Officer, CIPS, Ben Farrell, made the presentation to Seplat Energy at the company’s office in Ikoyi –[Read More…]
… Hails Dangote’s “Phenomenal” Investment in Nigeria …Dangote commends Tinubu’s economic reforms President Bola Ahmed Tinubu has praised Aliko Dangote, Founder of the Dangote Group, for his unwavering belief in Nigeria and for making bold investments that have become a cornerstone in the country’s economic[Read More…]
Union Bank of Nigeria has reiterated its commitment to entrepreneurship and women’s empowerment through its alpher initiative by sponsoring the Nigerian British Chamber of Commerce (NBCC) Women and Youth Entrepreneurship Development Centre (WYEDC) Cohort 2 Programme, which has graduated 125 entrepreneurs who[Read More…]
The United Nations Economic Commission for Africa (ECA) says Africa is losing an estimated 40 billion dollars annually to illicit financial flows (IFFs) in the extractive sector. Mr Antonio Pedro, ECA’s Deputy Executive Secretary, in a statement said the trend undermines development and deepens economic inequality on the[Read More…]
No fewer than 1.67 million pilgrims to the Holy Land have completed the Day of Arafat on Thursday without any recorded security or health incidents. Prince Saud bin Mishaal, Deputy Emir of the Makkah Region and Vice Chairman of the Permanent Hajj and Umrah Committee, praised Allah for the[Read More…]
