Business

Over 70% eligible staff accept NNPCL early retirement

  • 15th June 2026

G7 nations seek common ground with Trump after

  • 15th June 2026

Nigeria inflation hits 15.93% in May despite slower

  • 15th June 2026

PenCom launches monitoring platform to enforce pension compliance

  • 15th June 2026

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Over 70% eligible staff accept NNPCL early retirement scheme

Business

DMO to raise ₦1.2trn through FGN bond reopening

Finance

United Capital acquires 5% stake in NGX

Finance

CBN orders banks, fintechs to store data locally

Policy and Regulations

Blog

Economy

ILO director warns of global labour crisis amid persistent economic shocks

The Director-General of the International Labour Organization, Gilbert Houngbo, has raised the alarm over imminent labour crisis following unabating global shocks. He said though the global labour markets appear broadly stable, with unemployment steady and growth continuing into early 2026, structural weaknesses-including widespread informality and extreme poverty-are putting millions of workers at risk. AFP reported […]

Business

Sanwo-Olu hails LIRS as key driver of Lagos economic growth

Lagos State Governor, Babajide Sanwo-Olu, on Wednesday praised the Lagos State Internal Revenue Service for its strong performance, describing it as a key driver of the state’s economic growth, while advocating greater autonomy for tax authorities nationwide. He made the remarks at the State House, Marina, when he received members of the Joint Revenue Board […]

NGX reports N5.2bn profit despite economic hardship
featured Investment

NGX foreign inflows surge 78% in Q1

The Nigerian Exchange Limited recorded a significant shift in foreign investment activity in the first quarter of 2026, as foreign inflows surged by 78 per cent to N393.68 billion, up from N221.62 billion in the corresponding period of 2025. The increase signals renewed investor interest in the market. However, the rise in inflows was matched […]

Coat of Arm
featured Finance

FG unveils new help desk for civil servants’ welfare

The Federal Government has taken a decisive step to address long-standing challenges in Nigeria’s public service welfare system by unveiling a new Employees’ Compensation Scheme Help Desk designed to eliminate bureaucratic delays and restore dignity to civil servants seeking their entitlements. For decades, Nigeria’s public service welfare architecture has carried a quiet but persistent burden. […]

Business

Adelabu urges creation of coordinating energy minister as he resigns

The outgoing Minister of Power, Mr. Adebayo Adelabu, has proposed the establishment of a Coordinating Minister for Energy to oversee and harmonise reforms across Nigeria’s power, gas and allied sectors, as he formally submitted his resignation. The disclosure was contained in a statement issued on Wednesday and signed by his Special Adviser on Strategic Communications […]

Policy and Regulations

Viral video: Sanwo-Olu’s aide backs solar panel installation levy

The Lagos State Government has clarified that residents living in its social housing estates are required to obtain and pay for alteration permits before installing solar power systems. The Senior Special Assistant on Media to Governor Babajide Sanwo-Olu, Wale Ajetunmobi, stated this on Wednesday while responding to a viral video showing task force officials from […]

Electricity featured

Tinubu blames privatization for current power sector crisis

President Bola Ahmed Tinubu has declared that Nigeria is currently on the right path notwithstanding the persistent challenges facing the power sector. During a recent engagement monitored on Channels Television, the President attributed the nation’s ongoing electricity struggles to what he described as poorly executed privatisation by previous administrations. He expressed a strong sense of […]

Finance

Nigeria isn’t poor, huge money moves below radar – Tinubu’s aide

The Special Adviser to President Bola Ahmed Tinubu on Economic Affairs, Tope Fasua, has asserted that Nigeria should not be classified as a poor country, pointing instead to the enormous scale of economic activities taking place within its informal sector. Fasua made the remarks while addressing recent economic reforms, explaining that a substantial portion of […]

Banking

Access Holdings disowns unauthorised 2025 financial highlight release

Access Holdings Plc has distanced itself from a circulating “financial highlight” linked to its 2025 audited financial statements, stating that the summary was released on social media by an unauthorised source ahead of the official publication. The company clarified that its audited financial statements are still undergoing regulatory review by the Central Bank of Nigeria, […]

Economy

South Africa’s inflation rises to 3.1% as cost pressures persist

South Africa’s headline consumer inflation edged up slightly to 3.1 per cent year-on-year in March 2026, compared to 3.0 per cent recorded in February, according to the latest consumer price index data released by the country’s statistics agency. The marginal increase reflects moderate cost pressures across key sectors of the economy, even as food inflation […]

News

Trump extends Iran ceasefire amid ongoing diplomatic negotiations

United States President Donald Trump has announced an extension of the ceasefire with Iran beyond its initial two-week timeline, stating that the truce will remain in place until negotiations are concluded and a formal proposal is submitted by the Iranian government. Trump disclosed this in a post on Truth Social on Tuesday, explaining that the […]

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