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High interest rate, FG borrowings drive rise in pension investments

By Peter Egwuatu Pension assets invested in the Federal Government of Nigeria, FGN, debt securities rose 17.5% Year-on-Year, YoY, to N17.479 trillion in May 2026 from N14.468 trillion in the corresponding period 2025, according to data from the National Pension Commission, PenCom. Financial analysts said the development is driven by high interest environment in the financial […]

Dollar to Naira exchange rate today, July 28, 2026

The naira opened trading on Tuesday, July 28, 2026, with a relatively narrow gap between the official Nigerian Foreign Exchange Market (NFEM) and the parallel market, as traders continued to monitor dollar liquidity and demand across the banking and Bureau de Change segments.

SEDC to launch agro-mechanisation programme in Enugu, inspects 4,000 hectares of land

By Anayo Okoli ENUGU — The South East Development Commission (SEDC) says it has concluded inspections of about 4,000 hectares of land in Enugu State ahead of the commencement of its agro-mechanisation programme aimed at boosting food production and enhancing food security. The inspection followed a series of stakeholder engagement meetings held across the state’s […]

Benue pensioners renew protest threat, demand payment of arrears, gratuities

The Concerned Pensioners Association of Benue State has renewed its demand for the payment of outstanding pension arrears and gratuities, accusing the state government of remaining silent more than one month after pensioners staged a protest in Makurdi over what they described as the violation of their rights.

FG launches LPG cylinder distribution programme in Bayelsa

By Samuel Oyadongha, Yenagoa The Federal Government on Tuesday launched its State-Level Liquefied Petroleum Gas (LPG) Cylinder Distribution Programme in Bayelsa State, with 27,000 households expected to benefit from the initiative aimed at expanding access to clean cooking energy. Bayelsa is the first state to host the state-level rollout of the programme, which forms part […]

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