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Eight Consumer Goods Firms Record N70.1bn in Royalties, Technical Fees in H1 20260
Eight listed Nigerian consumer goods companies recorded a combined N70.1 billion in royalties, technical fees, licence fees and management charges in the first half of 2026, according to disclosures contained in their financial statements. The fees represent payments made for access to global brands, production technology, technical expertise, trademarks, management services and other forms of
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Nigeria’s Pension Assets Hit Record N31.8 Trillion in August 20260
Nigeria’s pension fund assets rose by N3.8 trillion in the first eight months of 2026, increasing from N28.04 trillion in January to a record N31.8 trillion as of August 31, 2026. The latest data from the National Pension Commission (PenCom) showed that the industry’s assets under management increased by 13.41% year-to-date, despite the prevailing economic
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New Telecom Company Secures NCC Licence To Rival MTN, Airtel, Glo0
A new telecommunications company, Swift Telephone Network (STN), has secured a licence from the Nigerian Communications Commission (NCC), paving the way for its entry into Nigeria’s telecommunications market. STN is expected to join the growing list of operators providing telecommunications services in the country, potentially increasing competition among established brands such as MTN Nigeria, Airtel
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Nigeria Installs 707,765 Electricity Meters In First Half Of 20260
The Federal Government installed 707,765 electricity meters across Nigeria in the first half of 2026, representing a 71% increase compared with the 412,792 meters installed during the corresponding period of 2025. The figures are contained in quarterly data released by the Nigerian Electricity Regulatory Commission (NERC), showing that 357,495 meters were installed in the first
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Police Give Update On Abducted NYSC Members0
The Imo State Police Command has confirmed that members of the National Youth Service Corps (NYSC) were among passengers abducted by suspected gunmen along the Owerri-Onitsha Expressway on Thursday morning. Police spokesperson Okoye Henry said the incident occurred at about 6:30 a.m. on October 1, 2026, near Umunoha, when two 18-seater buses travelling from Ibadan
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2027: Why Tinubu Is Desperate To Remain In Power – US Firm0
A United States-based advocacy firm, Von Batten-Montague-York, has alleged that President Bola Tinubu is seeking to remain in office for what it described as self-serving reasons, including the protection that head-of-state immunity may provide to a sitting president. The firm made the allegation in a statement posted on its verified X account on Thursday, reacting
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