IFC to explore major investments in Nigeria’s livestock, energy, housing sectors
By Seun Ibiyemi The International Finance Corporation (IFC) says it will immediately deploy a mission to Nigeria to explore scalable investment structures aimed at unlocking private capital into the country’s livestock, energy and housing sectors. Managing Director of the corporation, Makhtar Diop, disclosed this on Thursday during a meeting with Bola Ahmed Tinubu on the…
NCC seeks stronger judicial support to protect Nigeria’s digital economy
The Nigerian Communications Commission (NCC) has said the judiciary plays a critical role in protecting Nigeria’s digital economy, telecommunications infrastructure and online ecosystem from growing cyber and security threats. Executive Vice Chairman of the commission, Aminu Maida, stated this on Thursday at the 2026 Workshop for Judges on Legal Issues in Telecommunications held in Lagos….
CIBN ex-president urges stronger ethics, professionalism in banking sector
Outgoing President of the Chartered Institute of Bankers of Nigeria (CIBN), Prof. Pius Olanrewaju, has called for stronger ethics and professionalism to sustain stability and public confidence in Nigeria’s financial system. Olanrewaju made the call on Thursday in Lagos during his valedictory address marking the end of his tenure as president of the institute. Speaking…
PenCom grants PFAs special approval to invest in Dangote refinery IPO
The National Pension Commission has granted regulatory forbearance to Pension Fund Administrators (PFAs) to invest pension fund assets in the proposed Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE. The approval was conveyed in a circular issued by the commission and addressed to all licensed pension fund operators. The circular, signed by…
SEC warns Nigerians against illegal online investment schemes
By Seun Ibiyemi The Securities and Exchange Commission (SEC) has warned Nigerians against investing in illegal online investment schemes being promoted across various social media platforms, cautioning that many of them operate as Ponzi schemes and other prohibited investment arrangements. In a public notice issued on Thursday in Abuja, the commission said it had observed…
CGC Adeniyi advocates human-centred digital transformation at UNILORIN conference
By Seun Ibiyemi The Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, has reaffirmed his commitment to responsible digital transformation and innovation-driven governance during the 4th Biennial International Conference organised by the Faculty of Communication and Information Sciences, University of Ilorin, in collaboration with the Faculty of Philology, RUDN University. The conference, themed “Disruptive Technology:…
NSCDC arrests suspected cable vandals in Amuwo-Odofin
By Seun Ibiyemi The Nigeria Security and Civil Defence Corps, Lagos State Command (NSCDC), has arrested suspected vandals accused of destroying electrical armoured cables in the Amuwo-Odofin area of Lagos State. In a statement issued by the Public Relations Officer of the Lagos State Command of the NSCDC, Oluwaseun Abolurin on Thursday, the command commended…
NFVCB classifies 304 films in first four months of 2026, surpasses 2025 figures
By Seun Ibiyemi The National Film and Video Censors Board (NFVCB) has approved and classified a total of 304 films between January and April 2026, reflecting continued growth in Nigeria’s film industry and reinforcing the agency’s commitment to effective regulation of the sector. The figure represents an increase from the 267 films classified within the…
Abbey Mortgage Bank sets May 25 AGM, targets digital-driven growth
By Seun Ibiyemi Abbey Mortgage Bank Plc has scheduled its Annual General Meeting (AGM) for Monday, May 25, 2026, at 11:00 a.m., as the lender intensifies efforts to strengthen its digital transformation strategy and expand shareholder engagement. The meeting, themed “Shaping the Future,” will be conducted virtually, reflecting the bank’s digital-first approach to corporate governance…
NUC, World Bank Sign $65m agreement With universities to boost governance standards
The National Universities Commission (NUC) has signed a fresh $65 million performance-based agreement with six Nigerian universities under the World Bank-supported Sustainable Procurement, Environmental and Social Standards Enhancement (SPESSE) project, in a move aimed at strengthening governance, procurement systems, and environmental standards across the country. The agreement was formalised on Wednesday during a ceremony in…
