Reps to Probe CBN over 1,000 Staff Retirement, ₦50b Payoff Scheme

Hussaini Kafi in Kano The House of Representatives has resolved to investigate the retirement of over 1,000 staff members of the Central Bank of Nigeria (CBN) and the associated ₦50 billion payoff scheme. This decision came after a motion of urgent public importance, sponsored by Dr. Kama Nkemkama, a member representing Ebonyi State, was adopted…

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Nigeria, South Africa Deepen Economic Ties with Joint Advisory Council on Trade

In a significant step to enhance economic relations, Nigeria and South Africa have officially launched the Joint Ministerial Advisory Council on Industry, Trade, and Investment. This partnership aims to tackle trade issues and promote investment possibilities between the two largest economies in Africa. In a statement issued on Wednesday, by the Special Adviser to the…

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South Africa Eyes Nigeria’s Lithium for Electric Vehicle Revolution

South Africa is seeking to collaborate with Nigeria to harness its lithium reserves, a critical mineral for electric vehicle (EV) batteries. President Cyril Ramaphosa expressed his country’s interest in partnering with Nigeria to drive the green energy transition and support the development of EV batteries on Tuesday in Cape Town, South Africa, as disclosed in…

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PENGASSAN Threatens Face-off with Oil Firms over Foreign Workers

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has raised concerns over oil companies’ growing reliance on foreign workers, particularly Indians, and their failure to hire qualified Nigerians. The President of PENGASSAN, Festus Osifo, warned that the union is preparing for a confrontation with firms prioritising expatriates, a practice he argues contravenes…

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Nigeria Customs Strengthens Partnership to Combat Petroleum Smuggling

Korede Abdullah in Lagos The Nigeria Customs Service (NCS) has strengthened its partnership with the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to combat petroleum smuggling. The Comptroller-General of Customs, Adewale Adeniyi, hosted representatives of IPMAN, NMDPRA, and Dangote Refineries at the NCS Abuja headquarters…

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Corruption Undermines Governance, Erodes Public Trust – Kano CJ, charges NASS on Speedy Whistle Blowers Bill Passage

Kano state  Chief Judge, Justice Dije Aboki, has urged lawmakers to expedite the passage of the Whistle Blower Bill, which she believes will further support the fight against corruption. Aboki stated that the fight against corruption is not only a legal obligation but also a moral one, as corruption undermines governance, weakens institutions, and erodes…

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Tinubu to North, Tax Bills Didn’t Recommed Scrapping TETFund, NASENI, NITDA

Korede Abdullah in Lagos The Presidency on Monday denied it was targeting to scrap some institutions through the its tax reform bills. The bills have generated controversies with the northern leaders – elders, governors and lawmakers at the National Assembly opposing to the bills. The north challenged President Bola Tinubu to withdraw the bills, stating…

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Nigeria’s Internet Crisis Undermining Economic Growth, Frustrates Youth Creative Skills

There is no gainsaying internet connectivity is paramount to developmental growth, success and progress of any nation.  But Nigeria’s internet frustrations are holding back millions of its citizens, unarguably. With unreliable connections, dropped calls, and painfully slow internet speeds, daily life is disrupted, and businesses suffer. The ongoing challenges in mobile networks have become a…

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Nigeria’s Ngozi Okonjo-Iweala Reelected as WTO Director-General for Second Term

Korede Abdullah in Lagos The World Trade Organization (WTO) has reappointed Ngozi Okonjo-Iweala as its Director-General for a second term, effective September 1, 2025. This decision was announced in a statement released by the organization on Friday. Okonjo-Iweala, a renowned Nigerian economist, made history in 2021 by becoming the first woman and the first African…

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