Nigeria added about 45000 people to its pension system between August and September to hit nearly 11 million registered savers but that barely scratches the surface when the country has around 70 million workers floating around. The stats from the National Pension Commission show less than 16...
International Energy Insurance just swapped out its CEO, Olasupo Sogelola, after he managed to get the company back on track and relisted on the Nigerian Exchange. The insurance outfit tapped Joyce Odiachi as acting boss while they hunt for someone permanent to run things.
Odiachi has been...
The pension agency boss, Tolulope Odunaiya, called an emergency sit-down with union leaders after some group of retirees threatened to stage a protest where they would strip naked to make their point. She laid out what the directorate already delivered, like the 32000 naira minimum wage bump and...
A bunch of retired government workers are hitting up Nigeria's pension agency because their payments keep getting messed up or never show up at all. One guy named Alfred said someone started yanking nine thousand naira out of his monthly check back in September and left him with barely enough to...
Aviation minister Festus Keyamo said the government might chase down Dana Air assets to get money back to passengers and travel agents who got screwed over when the airline stopped flying. He told the Civil Aviation Authority to investigate why refunds are still stuck and made it clear that...
The Central Bank kept interest rates stuck at 27 percent after their committee wrapped up meetings in Abuja with Governor Olayemi Cardoso saying they want to lock in gains from bringing down inflation and keeping the financial system stable. All twelve members voted to hold the rate while...
Nigeria's aviation agency just permitted four airports to keep flights running until 10 pm after everyone kept complaining that only Abuja and Lagos could handle late operations. Yola, Owerri, Ilorin and Enugu got the green light because they have the right gear to support evening traffic...
Tax reform boss Taiwo Oyedele went on WhatsApp, telling people to chill because the new rules dropping next year will actually cut what most Nigerians pay instead of jacking it up like everyone on social media keeps saying. He said the bottom 98 percent of earners will either pay way less or...
China just told Nigeria it will help them digitize their ports after the transport vice minister met with Marine and Blue Economy Minister Adegboyega Oyetola in London. Li Yang said his government runs 52 automated ports and has the tech to move Nigeria off manual systems into something that...
Lagos State planning officials said they want to fix the massive backlog of building approvals by going digital and getting their departments to actually work together. Deputy Governor Kadri Obafemi Hamzat told everyone at a retreat in Epe that land use planning matters for keeping the city safe...
Nigeria just saw food prices tank harder than they have in over a year with beans, garri, maize and tomatoes all dropping by double digits. Brown beans got slammed the worst with a 33 percent drop year over year while white garri fell about 25 percent and maize dropped around 16 percent...
Maritime experts are saying Nigeria could generate over 22 trillion naira by actually fixing its blue economy through public-private partnerships instead of just talking about problems. Research head Eugene Nweke from the Sea Empowerment and Research Centre told a conference in Lagos that the...
Radio Lagos threw together a career development thing for young people trying to figure out their professional lives in Nigeria's rough job market. The session called From Interns to Industry Leaders brought current interns and youth corps members together to work on skills and network with...
Lagos just wrapped up the eighth Beauty West Africa expo and it pulled over 350 exhibitors from 55 countries trying to crack into Nigeria's massive cosmetics market. The African continent's biggest beauty trade show brought 6,000 professionals and 4,000 visitors from 47 countries to check out...
Some agriculture student at Bayero University in Kano just walked away with a car that apparently cost MTN Nigeria around 35 million naira. Ramatu Yakubu became the sixth person to win one of these things during the telecom company's campus tour that has been rolling through universities...
Bitget Wallet just rolled out a feature that lets people in Nigeria and Mexico turn their USDT and USDC straight into local cash and shoot it to their bank accounts. The wallet app basically works like a regular banking thing where you pick your crypto, punch in the amount and account details...
Some guy named Andrew Enofe, who runs Golden Gate Investment, is basically telling Nigerian investors to park their cash in Canadian real estate instead of watching it melt from Nigeria's wild inflation situation. He says Canada's sitting at like 2 percent inflation while Nigeria is getting...
Sovereign Trust Insurance threw a thing for their guys on International Men's Day and the boss went hard with the praise. CEO Olaotan Soyinka said the dudes at the company have basically kept the whole operation afloat for like 30 years, even when everything looked sketchy.
Finance guy Kayode...
Flavour just dropped his tracklist for a new album called Afroculture that hits streaming services this week. The project has 13 tracks with features from Pheelz, Kizz Daniel, Waga G, and Qing Madi, among others.
He already put out the title track with Senegalese legend Baaba Maal as a preview...
Nigerian luxury fashion house Ejiro Amos Tafiri threw a bunch of events around Lagos to celebrate hitting 15 years in the game. The week kicked off with a fashion conference where industry heads talked about how the brand pushed African aesthetics into global markets. Over 200 people entered the...
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