PenCom to sanction PFAs as only 17% of RSA holders recaptured

By Rosemary Iwunze The National Pension Commission (PenCom) has threatened to sanction  Pension Fund Administrators (PFAs) that fail to meet prescribed targets under the ongoing Retirement Savings Account (RSA) data recapture exercise. PenCom, in its first-quarter 2026 report, disclosed that only 17.03 per cent of the industry’s legacy RSA holders had completed the mandatory data recapture […]
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Recruitment of 50,000 Police Constables at final pre-training stage — Disu

By Kingsley Omonobi Inspector-General of Police, IGP, Mr. Olatunji Disu, has disclosed that preparations for the recruitment of 50,000 Police Constables had reached the final pre-training stage, with comprehensive training programmes being developed around an improved curriculum and international best practices. He also reaffirmed the Nigeria Police Force’s commitment to strengthening counterterrorism, community protection, human […]

Iran rejects U.S. claims about Strait of Hormuz’s re-opening

Iran’s Persian Gulf Strait Authority, PGSA, the body responsible for maritime traffic in the Strait of Hormuz, has rejected claims by the United States of America officials that the waterway is open. “Claims and repeated posts by U.S. officials that the Strait of Hormuz is no longer blocked do not change the reality,” PGSA stated. […]

Navy rescues 22 sea robbery victims, recovers hijacked boat in Akwa Ibom

By Kingsley Omonobi The Nigerian Navy has rescued 22 passengers following the hijacking of a wooden passenger boat by suspected sea robbers along the Calabar–Oron–Ibaka waterway in Akwa Ibom State. The operation, conducted on August 11, 2026, was carried out by personnel of the Forward Operating Base (FOB) Ibaka, in collaboration with Operation Delta Safe […]

Dollar to Naira exchange rate today, August 14, 2026

The naira maintained relative stability against the United States dollar on Friday, August 14, 2026, in both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market, as traders continued to monitor foreign currency liquidity and demand conditions.

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