Ayomide Kuku

PenCom Commits N300bn to Infrastructure Development

PenCom Warns of Job Scams as Pension Assets Hit N29.43tn

The National Pension Commission (PenCom) has raised an alarm over a surge in recruitment fraud targeting job seekers. In a statement released on Tuesday, fraudsters are increasingly impersonating senior officials, including the Director-General, to lure victims via WhatsApp, email, and phone calls. These scammers often demand sensitive personal documents under the guise of a 48-hour…

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NERC Orders DisCos to Fund Network Upgrades

Power Subsidy Hits N418bn as Systemic Losses Bleed Sector

Nigeria’s electricity sector remains a fiscal black hole, with the Federal Government incurring N418.79bn in subsidy obligations during the final quarter of 2025. A new report from the Nigerian Electricity Regulatory Commission (NERC) reveals that the state continues to shoulder over 52 per cent of generation costs. This massive intervention serves only to paper over…

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