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CBN Given January 19 Deadline to Reconcile Alleged Unremitted Revenues
The House of Representatives Committee on Public Accounts has directed the Central Bank of Nigeria (CBN) to complete all ongoing reconciliation with the Ministry of Finance and the Fiscal Responsibility Commission (FRC) by January 19, 2026. The review concerns alleged unremitted revenues to the Federal Government Account. The directive came from Committee Chairman Bamidele Salam
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Cardoso Appeals to Global Investors, Highlights Nigeria’s Reform Agenda
Amid growing global economic uncertainty, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has presented Nigeria as a credible and disciplined destination for international investment. Speaking to global investors, Cardoso emphasized the country’s commitment to transparent markets, rules-based economic management, and predictable policy frameworks. According to a CBN statement, Cardoso made his case for Nigeria
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PenCom Disburses Over N577 Billion to Retirees and Pension Contributors
The National Pension Commission (PenCom) has paid more than N577.26 billion to retirees and pension contributors, following the Federal Government’s landmark intervention to clear long-standing pension liabilities. PenCom Director-General, Ms. Omolola Oloworaran, announced the figures during the “2025 Pension Revolution Summit – A 365 Days Scorecard,” where she outlined reforms, payouts, and structural improvements achieved
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Schneider Electric Reinforces Commitment to UN Sustainable Development Goals in Nigeria
Energy technology leader Schneider Electric has reaffirmed its dedication to supporting the United Nations Sustainable Development Goals (SDGs) in Nigeria, focusing particularly on quality education and promoting decent work and economic growth. Ajibola Akindele, Country President of Schneider Electric West Africa, highlighted the company’s commitment during the inauguration of a new multimodal centre at the
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Ethics and Integrity Essential for Successful Public-Private Partnerships, Experts Say
Experts have highlighted that ethics and integrity are crucial to the success of Public-Private Partnerships (PPPs), emphasizing that financial models alone cannot guarantee project effectiveness. Without transparency and adherence to procurement best practices, PPPs risk becoming liabilities rather than instruments for innovation and value creation. This was a key theme at the 2025 National Mandatory
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Nigeria Launches First Anti-Fraud Real Estate App
Nigeria has taken a major step toward cleaning up its real estate sector with the launch of the country’s first anti-fraud mobile application, designed to curb corruption and fraudulent practices in property and land transactions. The app, named Ist Choice Property, was unveiled on Tuesday in Lagos by its creators, Taiwo Joel Oladapo and Gbenga
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Africa’s Regional Integration Vital for Economic Growth, Says Niyi John Olajide
Niyi John Olajide, Chairman of Cavista Holdings and the Corporate Council on Africa, has urged African leaders to foster stronger regional cooperation and create business-friendly environments that promote cross-border investment. Speaking at the 10th Anniversary Chieftaincy Installation ceremony at the Ooni of Ife’s Palace, Olajide emphasized that Africa’s economic potential—1.4 billion people and a combined
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Ned Nwoko Says Drug Rehab Mandatory for Regina Daniels’ Access to Children
Senator Ned Nwoko, representing Delta North Senatorial District, has responded to recent social media claims by his estranged wife, actress Regina Daniels, concerning access to their two sons, Munir and Khalifa. In a statement released by his communication team on Tuesday, titled “Take the Window of Quietude for Therapy,” Nwoko denied allegations that he is
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Fola Apologizes After Chaotic Debut Headline Show
Rising music star Fola has publicly apologized following his first-ever headline concert, which faced criticism due to safety concerns. The event, held on December 15 at the Balmoral Event Center, exceeded the venue’s capacity, leading to rowdy crowds and safety breaches. Fola ultimately had to stop the performance to protect his fans. In a heartfelt
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Pheelz speaks against artist comparisons
Nigerian record producer and singer Pheelz has called on music fans to avoid comparing artists, emphasizing that such comparisons harm the industry. In a recent post on X, Pheelz expressed concern over the increasing toxicity among fan communities, urging people to focus on enjoying music rather than creating rivalries. He stressed that every artist has
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