Economy
PenCom Approves Historic 1,173% Pension Hike for NSITF Retirees
The National Pension Commission (PenCom) has approved a landmark upward review of pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund...
Nigerians Face Steep Petrol Price Hikes as Retail Rates Outpace Crude Oil Increases
Nigerians are grappling with sharp increases in petrol prices, as marketers have raised pump prices far above the corresponding rise in international crude...
India to Host Global Seaweed Expo and Summit in Kochi
India began hosting the Global Seaweed Expo and Summit on January 29 2026 in Kochi Kerala, bringing together international experts policymakers researchers and...
Akpabio Dismisses Claims of Altered Tax Laws, Orders Distribution of Certified Copies
Senate President Godswill Akpabio has dismissed claims that Nigeria’s newly implemented tax laws were altered after passage, insisting that the versions signed into...
CBN Allows Temporary Use of Expired NAFDAC Licences for Imports
The Central Bank of Nigeria (CBN) has approved a temporary window allowing importers to use expired National Agency for Food and Drug Administration...
Senate Defers Debate on US Airstrikes in Sokoto, Calls for Closed-Door Briefing
The Nigerian Senate on Wednesday deferred open debate on the December 25 United States airstrikes against suspected terrorist enclaves in Sokoto State, citing...
Naira Strengthens Against Dollar, Maintains Positive Momentum in Official Market
The Nigerian Naira maintained its positive momentum against the U.S. Dollar during mid-week trading on Wednesday, January 28, 2026, continuing a trend of...
National Grid Suffers Second Disruption in Four Days, Sparks Fresh Power Concerns
Nigeria’s national power grid experienced another disruption yesterday, the second in four days, leading to widespread outages across the country and reigniting concerns...
FG Raises N501bn Bond to Begin Settlement of Power Sector Debts
The Federal Government has raised N501.02 billion from the bond market to commence the settlement of outstanding debts owed to power generation companies...
World Bank Opens $250bn Global Procurement Window to Nigerian Firms
The World Bank has unveiled a $250 billion global procurement window for Nigerian firms, urging local companies to seize thousands of business opportunities...
