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In a major milestone for Nigeria's technological advancement, the National Information Technology Development Agency (NITDA) has officially handed over its Public Key Infrastructure (PKI) framework to the National Identity Management Commission (NIMC). This transfer of assets, technology, and ongoing operations is designed to provide the robust security backbone needed to establish a modern, integrated, and ...
In a bid to accelerate Nigeria's clean energy transition, Sterling Bank and StarTimes Nigeria have launched Sterling Solar Financing Hubs inside StarTimes retail outlets. This initiative embeds on-the-spot solar financing at the point of purchase, with a joint target of reaching ₦2 billion in renewable energy financing by the end of 2026. The initiative builds ...
Africa's Global Bank, United Bank for Africa (UBA) Plc is set to host the latest edition of its quarterly UBA Business Series, turning the spotlight on how businesses can transform everyday customer feedback into technology that answers Africa’s real needs, Scheduled for Thursday, 16 July 2026 at 11:00 a.m. (WAT), the event, themed “Building for ...
By Taiwo Scholarstica Nigeria's headline inflation rate eased slightly to 15.91 percent in June 2026 from the 15.93 percent recorded in May, marking the first monthly decline after three consecutive increases. The National Bureau of Statistics (NBS) made this known on Wednesday in its latest Consumer Price Index report. Despite this marginal overall decline, food ...
By Precious Mark The National Pension Commission (PenCom) has unveiled a landmark free health insurance initiative targeting an initial pilot of 30,000 vulnerable retirees across the country. The healthcare scheme, dubbed PenCare, forms the cornerstone of the commission’s newly launched Pension Revolution 2.0 developmental drive. The Director-General of PenCom, Ms. Omolola Oloworaran, announced the welfare-focused ...
By Precious Mark Plateau State Governor, Caleb Mutfwang, has described engineering as one of the most critical professions driving national growth, stressing that the country's development cannot be accelerated without prioritizing excellence and local capacity. Speaking on behalf of his colleague governors on Tuesday at the 34th Engineering Assembly of the Council for the Regulation ...
By Imisioluwa Afunmiso The Lagos Metropolitan Area Transport Authority (LAMATA) has signed an agreement with China Civil Engineering Construction Corporation (CCECC) to establish a Railway Training Centre as part of efforts to develop the skilled workforce required for the expansion of the state's rail network. The initiative comes as the Lagos State Government updates its ...
...51% growth in retirement savings...N758bn bond benefits 957,045 Nigerians...As Pencom unveils fresh reforms for informal sector By Precious Mark Nigeria's pension assets have recorded a remarkable 51 per cent increase, climbing from N20.79 trillion in July 2024 to N31.48 trillion as of July 10, 2026, with more than N10.7 trillion in additional retirement wealth created ...
By Taiwo Scholarstica Chief Executive Officer (CEO) at Sterling Bank Limited, Abubakar Suleiman, CEO of Economic Associates, Mr Ayo Teriba, are amongst prominent personalities who have been inaugrated as members of a Ministerial Advisory Committee for the Nigerian Federal Ministry of Finance. The committee inaugurated on Tuesday is expected to provide independent, evidence-based advice on ...
By Precious Mark Borno State Governor, Professor Babagana Umara Zulum, has offered free land and attractive incentives to global investors in a bid to secure the establishment of a specialized pharmaceutical manufacturing plant and boost industrial growth in the state. The Governor made the commitment in Abuja during a high-level investment meeting at the headquarters ...
Ondo State Governor, His Excellency, Hon. Lucky Orimisan Aiyedatiwa, on Saturday paid a working visit to the Founder and President of Dangote Group, Alhaji Aliko Dangote, in Lagos. The meeting was a continuation of ongoing engagements between the Ondo State Government and the Dangote Group on the proposed industrial zone at the Olokola Free Trade ...
By Precious Mark The Delta State Government has secured a $500,000 financial disbursement under the World Bank-supported HOPE Governance Programme after meeting key healthcare governance and reform benchmarks. The development was disclosed in an official statement issued by the state government on Friday, following an announcement made in Abuja during a strategic planning retreat. According ...
By Taiwo Scholarstica The Nigerian Senate on Wednesday approved the a projected revenue target of N11.074 trillion and an expenditure estimate of N1.295 trillion for the 2026 fiscal year for the Nigeria Customs Service (NCS). The approval followed the adoption of the report submitted by the Senate Committee on Customs, Excise and Tariffs during plenary. ...
UBA Foundation, the Corporate Social Responsibility arm of the United Bank for Africa (UBA) Group, has strengthened its commitment to financial education by partnering with Slum2School Africa to deliver a hands-on financial literacy workshop for underserved children, equipping them with essential money management skills from an early age. At the heart of the initiative was ...
...unveils new financing models for refineries to curb borrowing against crude oil barrels By Precious Mark The Nigerian National Petroleum Company (NNPC) Limited has said that it has restored the average recovery rate at the country’s five export terminals to 98% and saved $3.4 billion through contract optimization over the past year. The NNPC Group ...
By Taiwo Scholarstica The Federal Government has ordered a temporary halt to the implementation of newly introduced regulations affecting internet platforms, online intermediaries and other cross-cutting issues within the digital economy, pending the completion of a unified national policy framework. The directive was issued by the Minister of Communications, Innovation and Digital Economy, Bosun Tijani, ...
The Nigerian Communications Commission (NCC) has called on Nigerian students to actively protect telecommunications infrastructure across the country, describing such facilities as critical national assets that support education, innovation, economic growth and digital connectivity. The Executive Vice Chairman (EVC) and Chief Executive Officer (CEO) of the Commission, Dr. Aminu Maida, made the call during a ...
Lagos Continental Hotel has entered into a strategic partnership with DGIC International Business Services Limited to support youth development through practical hospitality training, reinforcing a shared commitment to building skills, creating opportunities, and strengthening Nigeria’s future workforce. The collaboration will provide selected young Nigerians with structured workplace exposure in a leading five-star hotel environment, combining ...
By Taiwo Scholarstica The Nigeria Customs Service (NCS) has announced that it exceeded its 2025 revenue target by 10.24 per cent, generating ₦7.28tn between January and December despite several government-approved tax waivers and fiscal incentives introduced to stimulate economic growth. The Comptroller-General of Customs, Adewale Adeniyi, disclosed this on Monday while defending the agency’s 2025 ...
Shareholders of Dangote Cement Plc have approved a potential secondary listing of the company's issued shares on the London Stock Exchange (LSE). The approval was granted during the company's 17th Annual General Meeting (AGM) held on Thursday at the Eko Hotels & Suites in Lagos. The resolution gives the Board of Directors a green light ...
Access Bank's 15th edition of its UK Polo Day, holding on July 4, 2026 in Windsor, arrives as more than a milestone anniversary, it marks the continued maturation of a philanthropic platform that has systematically channelled the convening power of business, policy, and civil society toward expanding educational access for vulnerable children in Northern Nigeria.Banking ...
The Chartered Institute of Directors (CIoD) Nigeria and the Nigerian Exchange (NGX) Group have renewed their partnership to strengthen corporate governance, improve board effectiveness and boost investor confidence in Nigeria’s capital market. The President of CIoD Nigeria, Mr Adetunji Oyebanji, said this in a statement on Friday in Lagos following the renewal of a Memorandum ...
…increases 2025 dividend by 50% to N45 per share Shareholders of Dangote Cement Plc are set to receive a record dividend of N45 per share for the 2025 financial year, representing a 50 per cent increase over the previous payout and further reinforcing the company’s position as one of the most rewarding investments on the ...
