SON Destroys Billions Worth of Substandard Imports to Safeguard Consumers
The Standards Organisation of Nigeria (SON) has carried out the destruction of large quantities of imported goods deemed unsafe and substandard, including tyres, electrical cables, steel doors, and spark plugs,…
PenCom Credits Diversified Strategy for Growth in Pension Assets
The National Pension Commission (PenCom) has linked the recent growth in pension fund assets to its continued use of strategic asset allocation and diversification across investment portfolios. According to data…
Lagos Housing Projects Created Over 5,000 Jobs in 2024 – Commissioner
Lagos State's housing initiatives contributed significantly to job creation in 2024, generating a total of 5,287 direct and indirect employment opportunities, according to the Commissioner for Housing, Moruf Akinderu-Fatai. The…
Abuja Bus Terminals Set to Revolutionize City Transit – Wike
Minister of the Federal Capital Territory (FCT), Barrister Ezenwo Nyesom Wike, has said that the ongoing construction of bus terminals across Abuja is poised to significantly reshape the capital’s public…
Lagos Expands Housing Stock with Nearly 10,000 New Units in Six Years
The Lagos State Government has added close to 10,000 new housing units to its inventory over the past six years in a concerted push to alleviate the city's housing shortage,…
Naira Strengthens as Non-Bank Institutions and Exporters Drive 62% of Forex Supply
The naira recorded marginal gains on Monday across the official foreign exchange (FX) market, bolstered by strong inflows led by non-bank financial entities and exporters, who jointly accounted for over…
Federal Government, ARCON Set to Launch School for Architectural Technicians in Abuja
The Federal Government, in collaboration with the Architects Registration Council of Nigeria (ARCON), is moving forward with the full activation of the School of Architectural Technicians located in Kuje, Federal…
Court Orders Temporary Forfeiture of N31 Million Properties Linked to Suspected Illicit Funds
A Federal High Court in Lagos has granted an interim order for the forfeiture of ₦31 million and four properties allegedly tied to unlawful activities by one Obiajulu Emmanuel. The…
House of Representatives Rejects Proposal for Rotational Presidency
The Nigerian House of Representatives on Tuesday, voted against a proposed constitutional amendment that sought to rotate the offices of the President and Vice President among the country's six geopolitical…
Federal Government Approves Life Assurance Cover for Public Servants
The Federal Executive Council has given the green light to a new Group Life Assurance Scheme covering the 2025–2026 period for public servants across the country. This newly approved insurance…