NSIB launches probe, safety assessment after Benue boat accident kills 11

NSIB launches probe, safety assessment after Benue boat accident kills 11

The Director General and Chief Executive Officer of the Nigeria Safety Investigation Bureau (NSIB), Capt. Alex Badeh Jr., has led a team of investigators and senior officials of the Bureau on an on-the-spot safety assessment visit to Wadata, Benue State, following a boat accident that claimed 11 lives.
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Just in: Governors back State Police, demand constitutional safeguards

Just in: Governors back State Police, demand constitutional safeguards

“Governors emphasised the need for the State Police to be constitutionally sound and aligned with federalism and citizens’ rights. The Forum noted the collaborative effort and added that the consultation outcomes would strengthen the states’ collective position.”

Marketers retain high petrol price despite reduction at Dangote Refinery

Marketers retain high petrol price despite reduction at Dangote Refinery

By Obas Esiedesa, Abuja Fuel marketers across Abuja on Wednesday continued to sell Premium Motor Spirit (PMS), popularly known as petrol, at old prices more than 24 hours after Dangote Petroleum Refinery announced a reduction in its ex-depot price. Checks by our correspondent showed that major retail outlets were yet to adjust their pump prices despite […]

Mutual Benefits decries Nigeria’s credit gap, offers solutions

Mutual Benefits decries Nigeria’s credit gap, offers solutions

By Rosemary Iwunze Mutual Benefits Assurance Plc has said a situation where only about six per cent of adults can currently access credit through formal financial institutions, is not ideal. According to the company, while access to credit remains important for economic growth, financial protection mechanisms are equally essential in helping individuals and businesses withstand […]

Over 92% of personal pension savings accounts remain unfunded

Over 92% of personal pension savings accounts remain unfunded

By Rosemary Iwunze Amidst efforts by the National Pension Commission, PenCom, to include informal sector workers in the pension scheme, the Personal Pension Plan, PPP, which caters to the informal sector, has remained stagnant. While the PPP has 215,412 registered Retirement Savings Accounts, RSAs, only 17,320 of these RSAs, which represents 8.0 per cent, have received […]

Kwara gov takes Saraki to court over free speech

Kwara gov takes Saraki to court over free speech

Kwara State governor, Abdulrahman Abdulrazaq, has sued former governor of the state, Senator Bukola Saraki, over allegations that his social media post circulated on April 17, 2026, constituted criminal defamation and cyberbullying against him. Consequently, lawyers to Saraki, led by Mr Jimoh Mumini, SAN, appeared in Kwara State High Court to defend him Abdulkadir Abdulganiy, […]

Nigeria’s current account surplus rises 46% to $4.98bn

Nigeria’s current account surplus rises 46% to $4.98bn

By Elizabeth Adegbesan The  Central Bank of Nigeria, CBN, yesterday said the nation’s current account surplus grew year-on-year (YoY) by 46 percent to $4.98 billion in the first quarter of 2026 (Q1’26). The apex bank disclosed this in its Balance of Payments (BoP) report for Q1’26 noting that the current account surplus also grew quarter-on-quarter (QoQ) […]

Incoming NIA Chairman outlines three-pronged agenda to deepen market

Incoming NIA Chairman outlines three-pronged agenda to deepen market

By Rosemary Iwunze The incoming Chairman of the Nigerian Insurers Association, NIA, Mrs. Ebelechukwu Nwachukwu, has unveiled a strategic blueprint anchored on collaboration, public trust, and regulatory compliance. Speaking at a pre-investiture press conference in Lagos, Nwachukwu who is the Managing Director of REX Insurance Company Limited said that she also targets transitioning insurance from a […]