Nigeria’s Pension Assets Hit ₦31.48 Trillion as Nearly 938,000 New Workers Join Scheme

Nigeria’s pension industry has reached a new milestone, with total pension assets rising to ₦31.48 trillion following recent reforms by the National Pension Commission (PenCom). The Commission also disclosed that 938,229 new contributors joined the Contributory Pension Scheme (CPS) over the past two years, bringing total membership to 11.32 million. Speaking at a State House…

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Senate Cautions Makinde Over UN Probe Call, Honors Fallen Heroes of Oyo Rescue Mission

The Senate has cautioned Oyo State Governor Seyi Makinde against his call for a United Nations-led investigation into the abduction and rescue of pupils and teachers from Oriire Local Government Area, arguing that such matters fall within Nigeria’s domestic security framework and should not undermine the work of the country’s security agencies. The warning came…

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Naira Mixed as Petrol Prices Rise, FG Grants Shell Tax Incentive for Deepwater Projects

Nigeria’s economy recorded mixed developments on Tuesday as the naira traded at around ₦1,382/$ at the official foreign exchange window while strengthening slightly to about ₦1,412/$ on the parallel market. The movement came amid continued volatility in the foreign exchange market and major policy shifts in the energy sector. In a move aimed at boosting…

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31 Rescued Oriire Pupils Discharged as Eight Remain Under Medical Observation

The LAUTECH Teaching Hospital, Ogbomoso, has discharged 31 of the rescued Oriire school pupils after certifying them medically fit, marking another milestone in the recovery of victims abducted from schools in Oyo State. The children have since been reunited with their families following comprehensive medical assessments. The hospital’s Chief Medical Director, Professor Olawale Olakulehin, disclosed…

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Sowore Backs Released TikToker, Offers Legal Support to DJ Chicken Over Fresh Charges

African Action Congress (AAC) presidential candidate Omoyele Sowore has intensified his criticism of what he describes as the growing criminalisation of online expression, celebrating the release of a TikToker accused of circulating an AI-generated audio impersonating President Bola Tinubu while offering legal support to embattled content creator DJ Chicken. According to Sowore, Ifechukwu Dennis, who…

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FG Places 26 States on Flood Alert as Cross River Landslide Kills Four Siblings

The Federal Government has placed 26 states on red alert over the heightened risk of severe flooding as the peak of the rainy season approaches, while a tragic landslide in Cross River State has claimed the lives of four siblings, underscoring growing concerns about weather-related disasters across Nigeria. The flood warning follows forecasts from relevant…

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Dangote Refinery Switches Petrol Sales to Dollars as Naira-for-Crude Deal Falters

The Dangote Petroleum Refinery has begun selling petrol and other refined petroleum products in U.S. dollars, marking a major shift in Nigeria’s downstream oil market following the breakdown of the Federal Government’s naira-for-crude arrangement. Under the new pricing template, the refinery fixed the ex-depot price of petrol at $0.779 per liter, with diesel priced at…

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Madugu Names 25-Player Super Falcons Squad as NFF Launches Beach Soccer and Futsal Leagues

Nigeria’s preparations for the 2026 Women’s Africa Cup of Nations (WAFCON) have gathered momentum after Super Falcons head coach Justine Madugu unveiled a 25-player squad for the tournament in Morocco, while the Nigeria Football Federation (NFF) approved the creation of two new domestic competitions aimed at expanding the country’s football ecosystem. Madugu’s squad is led…

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