The Federal Government has inaugurated the Governing Board of the National Pension Commission (PenCom), tasking members to safeguard over ₦28tn in pension assets under the Contributory Pension Scheme.
Nigeria earned $31.54bn from crude oil exports in 2025, according to the Central Bank of Nigeria’s Balance of Payments report, marking a 14.41% decline from $36.85bn in 2024.
The Federal Government has inaugurated the Governing Board of the National Pension Commission (PenCom), tasking members to safeguard over ₦28tn in pension assets under the Contributory Pension Scheme.
The Nigeria Labour Congress (NLC) has rejected the Federal Government’s proposed ₦6tn bailout for power generation companies (GenCos), calling it a short-term fix that fails to address Nigeria’s chronic electricity crisis.
In Nigerian politics, ministers are appointed, reshuffled, and sometimes quietly removed. That is normal. What is not normal is for a cabinet member to move across three major economic portfolios within less than two years, without leaving the Federal Executive Council. Dr. Doris Uzoka-Anite has done precisely that.
The Dangote Petroleum Refinery has announced a fresh increase in petrol prices, raising Premium Motor Spirit (PMS) from ₦1,175 to ₦1,245 per litre, effective midnight, March 21, 2026.