Local News

Nigeria’s Real GDP Grew by 4.23% y/y in Q2-25

According to the National Bureau of Statistics (NBS), Nigeria’s economy expanded further in Q2-25, with real GDP growing by 4.23% y/y (Q1-25:...

1.2K

PenCom Bans Majority Shareholding in Multiple PFOs

New guidelines from the National Pension Commission have banned significant cross-shareholding in multiple licensed Pension Fund Operators. In the guidelines, issued on...

1.4K

PenCom to Redesign Micro Pension Plan to Boost Financial Inclusion

National Pension Commission (PenCom) said due to low growth and difficulty in pushing the micro pension scheme to the informal sector target...

1.4K

Reforms in Oil & Gas Attracted $18b Investments in 9 months –NUPRC

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has stated that competitive reforms introduced in the oil and...

2.4K

₦5.6tr Debt: Energy Crisis Looms as Gas Firms Cut Supply

Nigeria faces the threat of nationwide blackouts as gas companies reduce their supply to power plants due to an outstanding N5.6 trillion...

2.3K

Minister of Environment: Nigeria Working Towards Transition to Low-Sulphur Fuels

Minister of Environment, Balarabe Lawal, has revealed that Nigeria is presently working towards transition to low-sulphur fuels. Lawal disclosed this in Abuja...