Presidency Claims Nigeria Is Wealthy

Presidency Claims Nigeria Is Wealthy

Nigeria is not a poor country. Dr. Tope Fasua, Special Adviser to the President on Economic Affairs, insists the nation suffers from structural inequality rather than a lack of resources. He argues that persistent narratives of poverty distract from the actual work of fixing the economy. Wealth exists within the system, he claims, hidden by…

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FCCPC Denies Banning Airtime Borrowing

  The Federal Competition and Consumer Protection Commission has rejected claims that it banned airtime borrowing and data advance services in Nigeria, attributing recent disruptions to non-compliance by telecom operators with consumer lending regulations introduced eight months ago. Ondaje Ijagwu, Director of Corporate Affairs at the Commission, said in a statement issued Friday that “no…

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Pension Investments in Federal Debt Hit N16.9 Trillion

Employer Errors Trap N30bn Pension Savings

Nearly N30 billion in pension contributions sits in a financial purgatory. These funds belong to Nigerian workers but remain uncredited to their Retirement Savings Accounts. The National Pension Commission blames a messy cocktail of employer negligence and data blunders. Thousands of employees now face a future where their savings exist only on paper. The system…

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Airtel Nigeria Halts Airtime Borrowing Service

  Airtel Nigeria has announced the temporary suspension of its airtime and data credit services, which previously allowed eligible prepaid customers to borrow airtime or data and repay on their next recharge. In a statement issued on Friday, the Director of Corporate Communications and CSR at Airtel Nigeria, Femi Adeniran, said the decision is part…

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INEC Chair Amupitan to Keynote 2027 Election Dialogue

  Professor Joash Amupitan (SAN), Chairman of the Independent National Electoral Commission (INEC), will deliver a keynote address at a high-level stakeholders’ policy dialogue focused on Nigeria’s electoral process, organisers announced on Friday. The event, convened by Abuja-based law firm Law Corridor, is scheduled for April 29, 2026, at the Abuja Continental Hotel. According to…

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