Archives for December 19, 2025
FG spends N9.81trn on debt service from revenue of N13.67trn
The Federal Government devoted nearly three-quarters of its total revenue to debt servicing in the first seven months of 2025, underscoring the mounting strain Nigeria’s debt obligations are exerting on…
PenCom recovers N4bn from defaulters as assets hit N26trn
DG, PenCom The National Pension Commission (PenCom) has stated that it has so far recovered pension from defaulting employers from January to November 2025. The Commission also reported stronger compliance…
PenCom shifts pension recapitalisation deadline to June 2027
The National Pension Commission has moved the pension industry recapitalisation deadline to June 2027, extending it from December 2026. This was disclosed by the Director-General of PenCom, Ms Omolola Oloworaran,…
Tiv Day: Nigeria’s Diversity Not A Threat, Impunity Is The Menace – Atiku
BY NGOZI ONYEAKUSI Atiku The former Vice President of Nigeria, Atiku Abubakar, has stressed that the threat to our nation is impunity and not our diversity. Atiku Abubakar, who is…
South-West CAGraM endorses Tinubu’s Renewed Hope Agenda, commits to 10 Million Direct Votes Project
BY NGOZI ONYEAKUSI Leaders, coordinators, and accredited delegates of the South-West Zone of the Consolidated APC Grassroots Movement (CAGraM) have reaffirmed their unwavering support for President Bola Ahmed Tinubu,…
OmniPay Honours Distributors, Rolls Out New Tools to Ease Supply Chain Pressure
CEO of OmniRetail, Mr. Deepankar Rustagi (4th from left), and some of the awarded distributors of OmniPay during the OmniPay Distributors Gala Night and Awards held at Ikeja, Lagos. OmniPay…
Kano State Government Unveils Cycling Kano 2025 Jersey Ahead of Event
BY NGOZI ONYEAKUSI The Kano State Government has officially unveiled the Cycling Kano 2025 jersey ahead of the highly anticipated cycling event scheduled for Saturday December 20, reaffirming the administration’s…
DEPOSITORS’ REIMBURSEMENT TO RECEIVE MAJOR BOOST AS NDIC, NIBSS SET TO SIGN MOU
BY NGOZI ONYEAKUSI The Nigeria Deposit Insurance Corporation (NDIC) and the Nigeria Inter-Bank Settlement System (NIBSS) Plc. are set to sign a Memorandum of Understanding (MoU) aimed at ensuring a…
Seplat Energy Appoints Mohammed, Ettah As Independent Non-Executive Directors
BY NGOZI ONYEAKUSI The Board of Seplat Energy today announces the appointment of Engineer Saidu Aliyu Mohammed and Mr. Larry Ephraim Ettah as Independent Non-Executive Directors of the Company with effect…
PenCom Lauds FG’s ₦758 bn To Clear Pension Liabilities
BY NGOZI ONYEAKUSI The Director General of the National Pension Commission (PenCom) Omolola Oloworaran has commended President Bola Ahmed Tinubu for approving over ₦758 billion to settle outstanding pension liabilities.…
