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Ogun Approves Additional Pension Benefit for Retirees

By 𝔸bdulrazak Tomiwa   The Ogun State Government has approved an Additional Pension Benefit (APB) to boost financial security for retirees under the Contributory Pension Scheme.   Commissioner Dapo Okubadejo stated that this initiative aims to close existing gaps and provide significant relief to former workers.   This first-of-its-kind innovation in Nigeria makes the pension […]

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Capital Gains Tax Hits Record ₦522bn in 2025

Nigeria recorded an unprecedented ₦522 billion in Capital Gains Tax (CGT) revenue in 2025, marking the highest collection since the tax was introduced and reflecting sweeping fiscal reforms and major asset transactions across key sectors of the economy. Figures released by the Nigeria Revenue Service (NRS) show that the 2025 performance far exceeded the initial […]

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CAN Opposes Hisbah Law in Niger, Urges Governor Bago to Reject Bill

The Christian Association of Nigeria has warned Governor Umaru Mohammed Bago against signing the controversial Hisbah law, recently passed by the Niger State House of Assembly, emphasizing that such action could create divisions in the secular state. In a letter titled “The Christian Association of Nigeria (CAN) Niger State Say No to Hisbah Law,” the […]

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UNILAG Alumni Unveil N140m Solar Power Project for Faculty of Arts

The University of Lagos has installed a N140 million alternative energy project designed to provide steady electricity to the Faculty of Arts, particularly during national grid disruptions. The initiative, named Light Up Faculty of Arts University of Lagos, was formally launched weekend by the UNILAG Alumni Association.The project is being financed by philanthropist Tunde Fanimokun. […]

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Cross River Regains Oil Producing Status as RMAFC Receives Oil States Verification Report

The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has formally received the final report of the Federal Government’s Inter-Agency Committee on Nigeria’s oil-producing states, with projections indicating that Cross River State may be re-listed as an oil-producing state. The report was presented on February 13, 2026, to the RMAFC Chairman, Mohammed Shehu, by 10 members […]