The Pension Fund Operators Association of Nigeria (PenOp) has appointed Anthonia Ifeanyi Okoro as its new Chief Executive Officer. Okoro succeeds Oguche Agudah, who led the association for six years. Her appointment took effect from March 30, 2026, as the body seeks to strengthen strategic leadership in the country’s pension industry. Announcing the appointment, PenOp …
No fewer than 241 people died, while 459,995 others were affected by floods across 27 states and 128 local government areas in 2025, the National Emergency Management Agency (NEMA) has said. The agency noted that the impact was lower than in the previous year. It linked the improvement to better planning and response. Speaking in …
Global oil prices spiked sharply as tensions around the Strait of Hormuz raised fears of supply disruption. Brent crude rose to $118.2 per barrel, while WTI climbed to $102.5, creating a wide gap between the two benchmarks. The surge followed remarks by Donald Trump, who urged countries facing jet fuel shortages due to the disruption …
The Senate has passed a ₦68.323 trillion budget for Nigeria's 2026 fiscal year. The approval marked an increase from the initial ₦58.47 trillion proposed. President Bola Tinubu had requested an upward revision of over ₦9.09 trillion to the budget. The fresh request is to accommodate legacy commitments, particularly in the transportation and health sectors, as …
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to submit detailed cybersecurity assessments under a newly deployed supervisory framework, warning that false disclosures will attract sanctions. In a circular dated March 30 and signed by Olubunmi Ayodele-Oni, Director of the Compliance Department, the apex bank announced the rollout of its …
Stricter asylum laws and expanded government powers signal a tougher pathway for migrants For thousands of Nigerians seeking better opportunities abroad, Canada has long stood out as a preferred destination. However, that pathway is becoming increasingly difficult following sweeping changes to the country’s immigration and asylum system. The reforms, introduced by Immigration, Refugees and Citizenship …
Minister of Foreign Affairs, Yusuf Maitama Tuggar, has formally resigned from the federal executive council to pursue the Bauchi State governorship ahead of the 2027 elections. The ministry confirmed his resignation on Monday through the spokesperson, Kimiebi Ebienfa. A statement signed by the Special Assistant on Media and Communications Strategy to the minister, Alkasim Abdulkadir, …
A deadly attack on Angwan Rukuba community in Jos North Local Government Area of Plateau State has sparked controversy over the number of casualties, with police and community leaders presenting conflicting figures. The Plateau State Police Command confirmed that 14 persons were killed in the attack, which occurred at about 8:30 p.m. on March 29, …
Panic and tension have gripped residents of Plateau State following a deadly Sunday night attack on the Agwan Rukuba community in the Jos North Local Government Area. Gunmen, reportedly riding on motorcycles, stormed the area around 7:30 p.m., opening fire indiscriminately on residents who were going about their normal activities. Eyewitness accounts indicate that the …
The African Export-Import Bank (Afreximbank) has launched its first Accelerator Programme to support startups building Africa’s digital trade ecosystem. The programme kicked off in Cairo with eight selected startups from across Africa and the diaspora. The cohort emerged from over 1,600 applications. The startups operate in key areas such as cross-border payments, logistics, agri-export, and …
