Pension Fund Administrators (PFAs) have channelled over N14.5 trillion of workers’ retirement savings into Federal Government securities as of March 2025, highlighting the industry’s continued reliance on sovereign debt. Figures …
Economy
The Speaker of the Ekiti State House of Assembly, Adeoye Aribasoye, has restated the commitment of the Assembly to advancing agribusiness in the state, describing agriculture as the foundation for …
- EconomyGovernanceLabourPoliticsPublic PolicySocial Issues
Peter Obi Kicks Against Proposed Salary Increase for Politicians
Former presidential candidate and Labour Party leader, Mr Peter Obi, has strongly criticised the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) over its proposal to increase the salaries of political …
- AFRICA NEWSAviationBusinessEconomyGovernanceTransportation
Uganda Airlines Struggles With Losses and Politics
At Entebbe International Airport, one of Uganda Airlines’ shiny Bombardier CRJ900 jets, painted in the bold red, black, and yellow of the national flag, stands as a symbol of national …
The Uganda Industrial Research Institute (UIRI) has sworn in a new board of directors, with retired General Ivan Koreta appointed as chairperson in what many see as a government effort …
- ChildrenCommunity DevelopmentCorporate Social Responsibility,EconomyFundraisingHealth
FCB Donates K20m to Beit CURE Hospital Golf Fundraiser
First Capital Bank (FCB) plc has donated K20 million to support Beit CURE Children’s Hospital’s fundraising campaign ahead of a Charity Golf Tournament scheduled for September 6, 2025, at Country …
- AFRICA NEWSDevelopmentEconomyGovernanceInternational RelationsSocial Welfare
Iceland Partners Malawi on K15.6bn Mangochi Development Project
The Government of Iceland has once again shown strong commitment to Malawi’s growth and development, this time by backing the third phase of the Mangochi Basic Services Programme (MBSP), a …
- CorruptionEconomyGovernanceInfrastructurePoliticsPublic Finance
Wike Denies Owing N5.2bn, Blames Civil Servants for Illegal Contracts
The Minister of the Federal Capital Territory, Nyesom Wike, has dismissed claims by local contractors that his administration owes them N5.2 billion, saying the debts were from irregular contracts awarded …
- BusinessEconomyInsuranceNigeriaRegulation
NAICOM, SEC Strengthen Partnership to Drive Insurance Industry Recapitalisation
The ongoing recapitalisation of Nigeria’s insurance industry received a major push on Tuesday as the National Insurance Commission (NAICOM) and the Securities and Exchange Commission (SEC) pledged to work more …
- BusinessEconomyFinanceGOVERNMENTMonetary PolicyNigeria
Finance Minister Wale Edun, CBN Governor Cardoso Pledge Stronger Policy Coordination to Boost Economy
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, have pledged closer coordination …