September 23, 2025

Blog

General

Personal Pension Plan Records Ninefold Growth in Four Years, Boosting Financial Inclusion

LAGOS, Nigeria – September 16, 2025 The Personal Pension Plan (PPP), formerly known as the Micro Pension Plan (MPP), has recorded a remarkable ninefold growth over the past four years, highlighting its increasing significance in Nigeria’s pension sector.According to the Pension Fund Operators Association of Nigeria (PenOp), contributions to the scheme rose from ₦168.63 million

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Business

Nigerian Stock Market Closes Slightly Lower Amid Reduced Trading Activity

Lagos, Nigeria | September 16, 2025 The Nigerian All-Share Index (ASI) closed lower on Tuesday, shedding 112.20 points to settle at 141,546.8, representing a 0.08% decline from Monday’s close of 141,659.0. The downturn was accompanied by a slowdown in market activity, reflecting cautious investor sentiment.Trading volume fell to 414.9 million shares, down from 555.1 million

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Business

Nigeria Pushes for Regional Energy Integration at Africa Oil Week 2025

Accra, Ghana – September 16, 2025 Nigeria has reaffirmed its leadership role in Africa’s energy sector, advocating for regional cooperation to reduce the continent’s reliance on imported fuel, which costs over $120 billion annually.Speaking at the Africa Oil Week 2025 Ministerial and CEO Leadership Forum in Accra, Ghana, Nigeria’s Minister of State for Petroleum Resources,

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Football Sports

Arsenal Triumphs 2-0 Away at Athletic Bilbao in the Champions League Opener

Bilbao, Spain – September 16, 2025 Arsenal began their 2025–26 UEFA Champions League campaign with a 2-0 victory over Athletic Bilbao at San Mamés Stadium on Tuesday evening. Substitute Gabriel Martinelli opened the scoring just 36 seconds after entering the match in the 72nd minute, and Leandro Trossard sealed the win with a late strike

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General Tax Reform

Dogara Hails Tinubu’s Tax Reforms as Most Ambitious Fiscal Overhaul in Decades

Abuja, Nigeria | September 16, 2025 Former Speaker of the House of Representatives, Yakubu Dogara, has described President Bola Tinubu’s tax reforms as the most ambitious overhaul of Nigeria’s fiscal framework in decades.Speaking on Tuesday during the maiden Distinguished Parliamentarian Lecture at the National Assembly Complex in Abuja, Dogara urged the government to prioritize transparency

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General

Fire Erupts at UBA Mandilas Branch on Lagos Island

By: Saidat Adewale A major fire is currently unfolding at the United Bank for Africa (UBA) Mandilas branch located on Broad Street, Lagos Island. The blaze reportedly began around 1:30 PM today, rapidly spreading through multiple floors of the six-storey building.According to the Lagos State Fire and Rescue Service, the fire appears to have originated

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Agriculture General

Vice President Shettima Unveils New Agricultural Reforms to Boost Rural Employment and Reduce Poverty

Abuja, Nigeria | September 16, 2026Vice President Kashim Shettima has announced a series of fresh incentives aimed at transforming Nigeria’s agricultural sector, targeting the reduction of poverty and creation of jobs in rural communities. The announcement was made today during the FAO National and Subregional Hand-in-Hand Investment Forum in Abuja.The reforms are designed to lift

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Religion

Sheikh Faisal Ghazzawi Returns to Masjid al-Haram After Long Illness, Set to Resume Leading Prayers

MAKKAH, SAUDI ARABIA — After enduring a prolonged period of ill health, respected Islamic scholar and prominent Imam of Masjid al-Haram, Sheikh Dr. Faisal Ghazzawi, has successfully recovered and is now preparing to resume his revered duties at the Grand Mosque in Makkah. Sources within the administration of the Two Holy Mosques confirmed over the

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Politics Politics

Rivers State Administrator Declares Progress Following Local Government Elections

Port Harcourt, Nigeria – September 16, 2025 Vice Admiral (Rtd) Ibok-Ete Ibas, Sole Administrator of Rivers State, stated on Tuesday that stability has been restored in the state under extraordinary circumstances. He emphasized that significant progress has been made over the past six months in maintaining peace and security.Addressing a public lecture titled “Good Governance

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Diplomatic Relations World

U.S. Embassy in Nigeria Reaffirms Visa Fees Are Non-Refundable

Dateline: Abuja, Nigeria — September 16, 2025 The United States Mission in Nigeria on Tuesday clarified that all U.S. visa application fees are strictly non-refundable and non-transferable, regardless of whether an applicant’s visa is approved or denied.In a statement posted on its official X handle, the embassy explained that the fee covers the administrative and

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