PenCom Channels N28trn into Infrastructure Financing   The National Pension Commission (PenCom) has unveiled plans to establish a pension-backed investment consortium aimed at financing critical infrastructure projects using the industry’s asset base of over N28tn. The proposal was announced at the First Quarter 2026 Pension Industry Leadership...

NSIA's Assets Hit N4.88trn, Shows Robust Growth The Nigeria Sovereign Investment Authority (NSIA)  has reported a rise in its net asset value to N4.88tn for the 2025 financial year, driven by improved earnings, disciplined investment strategy, and sustained growth across its portfolio. The Managing Director of...

Power Sector Reforms Yield $2bn Investment, Slash Liabilities The Federal Government has said that the reforms introduced in Nigeria’s power sector under President Bola Tinubu’s Renewed Hope Agenda are beginning to yield measurable results, with improvements recorded across the electricity value chain. According to the government,...

Nigeria Loses N40trn Yearly to Blackouts - Report Nigeria loses about N40tn annually to poor electricity supply, the Nigerian Independent System Operator, an agency of the Federal Government, has said, warning that unreliable power remains one of the biggest constraints to economic growth, industrial productivity,...

ICPC Keeps Watch on N21.23trn Works Ministry Projects to Curb Corruption   The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has disclosed that it monitored projects valued at over N21.23tn under the Federal Ministry of Works as part of efforts to prevent corruption and...

NEC Secretariat Gets N7.9bn Amid Funding Shortfalls for Agencies The Federation Accounts Allocation Committee (FAAC) approved the disbursement of N7.895bn as funding for the operations of the Secretariat of the National Economic Council in 2025, despite widespread complaints by Ministries, Departments, and Agencies over inadequate...