Jumoke Salako

IMF Urges Nigeria to Enhance Data Transparency, Productivity

IMF Urges Nigeria to Enhance Data Transparency, Productivity

The International Monetary Fund has urged African governments to overhaul statistical gathering and boost productivity. IMF directors warned that poor data transparency damages investor confidence and delays essential structural reforms. The fund highlighted Nigeria alongside regional peers as needing immediate improvements in national economic reporting. Accurate economic indicators remain vital for managing public debt and…

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Aviation Labour Crises Threaten Passenger, Lessor Confidence

NCAA Threatens Royal Air Maroc with Fresh Sanctions

Foreign airlines operating in Nigeria frequently treat regulatory compliance as optional. The Nigeria Civil Aviation Authority has threatened Royal Air Maroc with punitive sanctions following repeated regulatory defiance. Director of Public Affairs Michael Achimugu confirmed the regulator’s stance in a recent statement. The Moroccan flag carrier continues to ignore official directives regarding passenger mistreatment and…

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IPMAN Urges Dangote to Expand Northern Fuel Deliveries

Petrol Loading Resumes as Depot Prices Surge

Private petroleum depots have resumed loading petrol and diesel after a week-long operational hiatus triggered by market volatility and price recalibrations. The Independent Petroleum Marketers Association of Nigeria confirmed on Tuesday that depot operators reopened gantries following temporary shutdowns to adjust wholesale prices. Operators halted operations to recalculate replacement costs and demand top-up payments on…

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Reps to Probe Nigerian Casualties in South Africa

Reps to Probe Nigerian Casualties in South Africa

The House of Representatives has launched an investigation into the persistent casualties and property losses suffered by Nigerians living in South Africa. Lawmakers resolved on Wednesday to audit the assets abandoned by over 3,500 citizens evacuated during recent and past xenophobic attacks. Motion sponsor Babajimi Benson warned that lawful Nigerian residents have faced targeted violence…

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Burna Boy Shines in Historic World Cup Halftime Show

Burna Boy Shines in Historic World Cup Halftime Show

Nigerian music superstar Burna Boy made history on Sunday night by performing in FIFA’s first-ever World Cup final halftime show. The Grammy-winning Afrobeat artist shared the stage with Colombian pop icon Shakira during the extended interval at MetLife Stadium in New Jersey. The duo performed the official tournament anthem, ‘Dai, Dai’, before a capacity crowd…

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Solid Minerals Exports Hit ₦354bn Amid Aggressive Reform Campaign

Solid Minerals Exports Hit ₦354bn Amid Aggressive Reform Campaign

Nigeria’s mining sector has delivered its strongest performance in decades. Solid minerals exports reached ₦354 billion in 2025 as policy shifts begin to shake off years of stagnation.  The Executive Secretary and Chief Executive Officer of the Solid Minerals Development Fund (SMDF), Hajiya Fatima Shinkafi, notes that the industry grew by 33.5 per cent in real…

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Pension Inflows Surge 42% Despite Idle Accounts

PenCom Advance Massive Infrastructure Investment Vehicle

The National Pension Commission has reached the final administrative stages of deploying a dedicated pension industry infrastructure fund to drive long-term domestic economic growth. Omolola Oloworaran, the director-general, confirmed that the regulatory body has already completed the primary governance framework for the Pension Industry Infrastructure Fund (PIIF). Licensed pension fund administrators are currently reviewing the…

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Pension Inflows Surge 42% Despite Idle Accounts

Regulators Claw Back Three Billion Naira Pension Arrears

The National Pension Commission and the Independent Corrupt Practices and Other Related Offences Commission have recovered over N3 billion in unremitted pension deductions from defaulting employers. The enforcement drive targeted chronic violators within the domestic electricity sector who withheld statutory worker savings. Officials have already credited the clawed-back funds directly into the individual retirement savings…

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