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Nigeria allocates 1% of pension assets to infrastructure devt– AFC

By Yinka Kolawole,  with agency report The Africa Finance Corporation (AFC) has cited Nigeria  as an example of how market-based de-risking mechanisms can help mobilise pension capital for infrastructure investment without enforcing rigid allocation mandates. This was revealed in the 2025 State of Africa’s Infrastructure Report, titled ‘Mobilising Domestic Capital’, with a call to redirect Africa’s  $1.1 […]

Economic activities expand 6th consecutive month – CBN

By Elizabeth Adegbesan  The Central Bank of Nigeria,  CBN,  report has indicated that economic activities expanded for the sixth consecutive month at 52.1 index points in May 2025.   Disclosing this in its Purchasing Managers Index (PMI) Report for May 2025, CBN also noted that the industry (51.6 index points),  service (51.7 index points) and Agriculture (53.4 […]

2 die of suspected diphtheria in Edo

By Ozioruva Aliu BENIN CITY—TWO persons have reportedly died of diphtheria, popularly called whooping cough, at the University of Benin Teaching Hospital, UBTH, Ugbowo, Edo State, amidst growing concerns over a nationwide shortage of vaccines. The death of the two out of five reported cases is attributed to alleged immunization gaps, surveillance lapses and lack […]

Scientists seek audit of maternal death

Scientists at the Nigerian Institute of Medical Research, NIMR, have called for a national maternal and infant mortality audit system, backed by a legal framework mandating autopsies for all maternal deaths in Nigeria.

Businesses express confidence in macroeconomy, anticipate hiring more – CBN

By Elizabeth Adegbesan  A Central Bank of Nigeria’s  (CBN) survey has shown that businesses anticipate hiring more workers this month even as they expressed their confidence in the macroeconomy in May 2025. The report titled: “Business Expectation Survey”, noted that the Construction sector had the highest prospect for employment while the Mining & Quarrying sector had […]

Competition Commission to track counterfeit goods digitally

By Yinka Kolawole The Federal Competition and Consumer Protection Commission (FCCPC) has inaugurated a joint inter-agency committee to develop a digital traceability portal aimed at  tackling counterfeit products and strengthen supply chain transparency across Nigeria. In a statement, FCCPC  said the initiative is a decisive step to strengthen product integrity and consumer protection, adding that it […]

Troops foil terrorists’ attacks on 2 communities in Borno, kill scores

By Ndahi Marama Maiduguri—In yet another coordinated efforts by the ground forces and Air Component of North East ‘Operation HADIN KAI’, OPHK, scores of terrorists have been neutralised, with assorted arms and ammunition recovered, in a foiled attack on troops in Buratai, in Biu Local Government Area, and Mallam Fatori, in Abadam Local Government Area […]

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