Minister Heineken Lokpobiri toured the Ebenco Global Link Limited refinery site in Koko, Delta State, and got hyped about its modular setup as the cure for pipeline theft and sketchy backyard coal-fire operations. The plant runs at 1,000 barrels per day with Chinese tech partner Wang Jianhui training local engineers on equipment manufacturing and field management. Lokpobiri wants the feds to fund similar refineries for illegal operators, let them buy crude in naira at market rates, and legitimize the whole operation while collecting taxes.
NMDPRA Director Ngozi Nwankwo said the refinery can shut down when crude runs dry instead of burning cash like traditional plants. Ebenco CEO Ebenezer Oluwagbemiga Akin confirmed the company holds a...
PTAD is making pensioners jump through hoops again with their annual life check, and anyone who skips it might get their payments frozen. Olugbenga Ajayi from the department said the whole thing exists to stop fraud and make sure money hits the right people, not ghost beneficiaries gaming the system.
Retirees need to show up physically or verify online with proper ID documents, and the government is pushing this as part of their bigger cleanup effort for pension records. PTAD warned everyone to stay on top of official announcements because missing the deadline could mess up your cash flow for no good reason.
Nigerian retirees keep wondering if PenCom will actually deliver on clearing pension debts before the calendar flips. Director-General Omolola Oloworaran promised that a 758 billion naira bond approved by the federal government would wipe out legacy liabilities under the Contributory Pension Scheme by year-end, covering arrears dating back to 2007, accrued rights for treasury-funded workers, shortfalls for university professors, and gratuity payments.
The bond breakdown allocates 253 billion toward outstanding entitlements, 388 billion for unpaid pension increases, 11 billion for professor shortfalls, and 107 billion into a protection fund for lower-income retirees. Monthly pensions got boosted mid-year under Pension Boost 1.0, and...
SUNU Assurances Nigeria grabbed the Highest Share Price Appreciation Award at the PEARL Awards ceremony that went down at Lagos Oriental Hotel. Dr. Samuel Ogbodu, the managing director and CEO, said the win came from solid teamwork, customer trust, and shareholder backing. The company's stock went up hard over the past year because of better governance and financial moves that locked down investor confidence.
The PEARL Awards use actual data to judge listed companies on metrics like share price gains, financial performance, and corporate governance. SUNU got picked for the Market Excellence Category after showing consistent growth in Nigeria's insurance space.
The company will get featured in a two-page spread inside the 2026 Nigerian...
Heirs Insurance threw the first-ever Travel Festival at Harbour Point in Lagos, and thousands showed up to talk about making African travel less of a nightmare. Ambassadors from Brazil and Angola joined CNN's former senior editor Stephanie Busari on a panel pushing for easier visa processes and better border systems across the continent.
Travel content creators like Zim Erobu and Adenike Tejuoso went off about how Africans get hit with visa rejections without refunds, which makes trips way more expensive than they should be. The festival pushed for fewer restrictions between African countries and better bilateral agreements.
Ifesinachi Okpagu from Heirs Insurance said the company wants to fix access problems and make global movement...
Mike Chimombe told the court he supports three wives and 15 kids who are all underage, and he used to pull in between 15 and 20 grand monthly before getting arrested. The guy dropped out after O-Level and jumped into politics while running multiple businesses, and he claims ownership of two properties: an 800k house in Borrowdale plus another spot in Chinhoyi valued at 120k.
Chimombe and Moses Mpofu spent yesterday evening making their case during a pre-sentencing hearing that dragged past normal hours. Prosecutors are pushing for a 35-year sentence against both defendants.
Leadway Assurance teamed up with the Alliance for a Green Revolution in Africa, the National Agricultural Development Fund, and Verdure Climate to push agricultural insurance and climate risk solutions in Nigeria. The high-level forum focused on ways to boost lending to farmers through index-based insurance and blended finance, with Ayoola Fatona from Leadway saying the company wants to turn insurance into a productivity tool that helps farmers get credit and bounce back from weather disasters. The project targets Niger, Kaduna, and Nasarawa States.
Over 82 percent of Nigerian farmers have zero insurance coverage, and climate chaos could cut agricultural output by 10 to 25 percent by 2080. Leadway has been expanding coverage for...
Apple just lost Alan Dye, the guy who ran their user interface design squad since way back, and he bounced to Meta for what sounds like a fat paycheck. Dye handled some pretty big stuff like the iPhone X look, watchOS, that pill-shaped Dynamic Island thing, iOS 26 with the Liquid Glass effect, and Vision Pro's spatial controls. Stephen Lemay steps up to fill the spot.
The talent bleeding keeps getting worse because Apple also swapped out its AI boss, John Giannandrea, for Microsoft's Amar Subramanya earlier this week, plus Abidur Chowdhury, who designed the iPhone Air, left for some mystery AI startup. Mark Gurman says OpenAI snagged around 40 Apple engineers in the past month alone, grabbing people like manufacturing expert Matt...
IO Interactive dropped the first episode of their Behind the Light dev diary series for the upcoming James Bond game that hits PC, PS5, and Xbox Series X/S in March. Gameplay director Andreas Krogh and senior level designer Thomas Pulluello talked about what players can expect, and the devs confirmed Bond gets his silver Aston Martin Valhalla loaded with Q's spy tech.
The studio has been teasing stuff leading up to launch since this is their first major release after Hitman 3. They also mentioned working on three projects right after First Light ships, which covers another Hitman entry, a fantasy RPG with no title yet, and some brand-new IP that belongs to the studio instead of being licensed property.
