Category: Nigeria News

PenCom Redesigns Pension Plan to Include Informal Sector

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By using super agents and financial technology platforms to streamline onboarding into the nation’s redesigned Personal Pension Plan, the National Pension Commission has announced new initiatives to increase pension coverage in Nigeria’s sizable informal sector. The project was unveiled at the Nigerian Association of Insurance and Pension Editors’ 2025 Annual Conference, which has as its theme “Strengthening Insurance and Pension Frameworks for Better Economy.” The Micro Pension Plan’s acceptance has been minimal since its inception in 2019. The program has not taken off among Nigeria’s millions of unorganised workers, despite…

“Ghost Refineries”: P’Harcourt, Warri, Kaduna Plants Decay as Workers Stand Idle

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Despite the more than $3 billion contract amount to revive them, the refineries in Port Harcourt, Kaduna, and Warri are decaying away, according to a report. Our correspondents in Rivers, Kaduna, and Delta states visited the refineries and confirmed that the massive sum—which is currently being investigated by the Economic and Financial Crimes Commission—did not provide the expected outcome. It was discovered that because they had nothing to do, refinery workers can start and stop working at any time. The nation’s long-standing battle with state-owned refineries, which have cost billions…

2025 Budget: NASS Calls for End to Controversial Contract Circulars

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The National Assembly  (NASS) has called for the withdrawal of all circulars previously issued for contract awards under the 2025 fiscal year. This action coincides with the impending start of the ₦23.9 trillion capital component of the 2025 budget, which is anticipated to continue throughout 2026. The resolutions were made at a meeting held Thursday at the National Assembly between the President’s economic team and the joint committee on appropriations. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, Senator Atiku Bagudu, the Minister of Budget and…

Shoprite not exiting Nigeria, says firm

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The company that runs the Shoprite franchise in Nigeria, Retail Supermarkets Nigeria Limited, has denied rumors that it is about to leave the country. In response to recent allegations of empty shelves and temporary closures at certain stores, the firm released a statement on Friday. It clarified that the present development was a “reset” of its business model meant to stabilize operations and adjust to the current economic reality, rather than an exit strategy. It claimed to be going through a turnaround program supported by fresh investors in order to…

Fire Service to Inspect Public and Private Buildings Following Lagos Infano

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A nationwide fire safety compliance audit has been announced by the Federal Fire Service in response to Tuesday’s fire at Lagos Island’s Afriland Tower. Following the fire at the six-story business building, at least six more fatalities have been officially reported. The victims worked for United Capital, a banking and investment services company that occupied the tower’s third and fourth floors. Hours after the Federal Inland Revenue Service said that four of its employees also perished in the tragedy on Wednesday night, the confirmation was made. At approximately 1:30 p.m.…

Nigeria Aims for One-Week Passport Delivery with New Center

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The recently finished Data Personalization Center at the Nigeria Immigration Service NIS Headquarters in Abuja has been hailed as a “game-changer” for the country’s passport production system by Interior Minister Dr. Olubunmi Tunji-Ojo. The Minister stated during the inspection that the center will shorten response times because passports may be printed in a day and delivered in a week. According to him, the center will be Nigeria’s first world-class centralized passport personalization facility since the NIS was established in 1963, on par with those in the US, UK, France, Russia,…

Legal Showdown: Sowore Files Counter-Suit Against DSS Over Social Media Ban

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On Tuesday, the Federal Government, acting at the Department of State Services’ request, filed criminal charges against an activist and former African Action Congress presidential candidate for calling President Bola Tinubu a “criminal” in a social media post. In response, Sowore, who mocked the accusations, filed a lawsuit against the DSS in the Federal High Court in Abuja, arguing that the restriction of his social media accounts was unlawful. By using his verified X account, @YeleSowore, Sowore wrote: “This criminal @officialABAT actually went to Brazil to state that there is…

Nigerian Troops Nab Notorious IPOB Commander, Rescue Kidnap Victims

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Ifeanyi Eze Okorienta, commonly known as “Gentle de Yahoo,” is a notorious commander of the Indigenous People of Biafra (IPOB) and its armed wing, the Eastern Security Network (ESN). According to sources, the feared kingpin, who had terrorised communities throughout Okigwe and neighbouring areas for years, was apprehended during a coordinated intelligence-driven operation at his hideout in Aku-Ihube, Okigwe Local Government Area of Imo State. “The successful operation was executed by troops of the 34 Artillery Brigade, working closely with sister security services and other law enforcement agencies. During the…

Nigeria’s Food Security Plan: Government Announces New Agricultural Incentives

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As part of President Bola Tinubu’s Renewed Hope Agenda, the Federal Government on Tuesday unveiled new incentives to increase agricultural investment. This is a component of continuous changes aimed at utilizing Nigeria’s enormous potential for food production through new policies that revolutionize the nation’s infrastructure and agricultural investments. During the Food and Agriculture Organization of the United Nations (FAO) National and Subregional Hand-in-Hand Investment Forum in Abuja, Vice President Senator Kashim Shettima revealed this. He asserts that although hunger is a worldwide security concern, Nigeria needs to mobilize its resources…

DSS Takes Legal Action Against Sowore, X, and Meta Over Online Post

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M.B. Abubakar, Director of Public Prosecutions at the Federal Ministry of Justice, and four other DSS counsel, M.E. Ernest, U.B. Bulla, Dr. C.S. Eze, and E.G. Orubor, filed a five-count charge against former presidential candidate Omoyele Sowore and social media platforms X  and Meta, over posts critical of President Bola Tinubu. The suit was filed at the Federal High Court in Abuja on September 16, 2025, on behalf of the DSS and the Federal Government. Sowore confirmed the development in a Facebook post on Tuesday, writing, “It’s hard to believe…