Access ARM Pensions said it has surpassed the ₦4 trillion mark in assets under management (AUM). The company, a subsidiary of Access Holdings, revealed this in a statement on Wednesday. The milestone highlights its strong growth momentum following the October 2024 merger of Access Pensions and ARM Pensions. The combined entity’s AUM surged by over …
BUA Cement has restated its move to increase its total production capacity to 20 million metric tonnes per annum (mtpa). This expansion is part of the company’s strategic goal to address Nigeria's infrastructure deficit and lower the cost of cement through increased domestic supply. BUA Chairman Abdul Samad Rabiu said part of the expansion plan …
The Nigerian Government has signalled a strategic shift from heavy borrowing as it seeks to reduce debt-related risks and reassure investors amid tightening global financial conditions. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, hinted at the policy direction during an interview with Bloomberg at the ongoing 56th World Economic Forum (WEF) …
The National Drug Law Enforcement Agency (NDLEA) has arrested 77,792 drug offenders, including 128 major barons. It also secured 14,225 convictions and seized over 14.8 million kilograms of illicit substances in the past five years. This was announced by NDLEA Chairman/CEO Brig. Gen. Mohamed Buba Marwa (Rtd) at the 11th Chairman/Chief Executive Officer (CCEO) Awards …
Paul-Henri Sandaogo Damiba, Burkina Faso’s former transitional president and alleged mastermind of multiple coup attempts, has been arrested in Togo and expelled, local sources confirmed. Damiba led the 2022 coup that ousted then-President Roch Marc Christian Kaboré, only to be overthrown eight months later by military leader Ibrahim Traoré, who remains in power. Reports indicate …
The Independent National Electoral Commission (INEC) has released the final list of candidates for the June 20, 2026, governorship election in Ekiti State, with the Peoples Democratic Party (PDP) candidate, Wole Oluyede, omitted. According to the list published by the electoral body, the candidates cleared to contest the election are Opeyemi Falegan of the Accord …
Justice Mohammed Umar of the Federal High Court in Abuja has struck out Meta Platforms Inc. and X Corp. as defendants in the amended cyberstalking charges filed against Omoyele Sowore for allegedly calling President Bola Tinubu a “criminal”. The judge removed the two foreign companies on Monday following an application by counsel to the Department …
U.S. President Donald Trump is set to meet global business leaders in Davos on Wednesday, sources told Reuters, as his presence takes center stage at this year’s World Economic Forum in Switzerland. CEOs from financial services, crypto, and consulting sectors have been invited to a reception following Trump’s special address. One source said the invitations, …
Workers under the Federal Capital Territory Administration (FCTA) and the Federal Capital Development Authority (FCDA) on Monday began an indefinite strike, shutting down government offices across the Federal Capital Territory (FCT) and its area councils. The action followed the expiration of a seven-day ultimatum issued to the FCTA over unresolved labour and welfare issues. The …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has paid tribute to the late former president of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Comrade Uche Marcus Okoro, hailing his leadership qualities and dedication to the plight of Nigerian oil workers. Comrade Okoro was one of the passengers who died in the …
