Kingsley Chukwu

IMF Commends Nigeria’s Fiscal Reforms, Urges Smarter Spending, Stronger Tax Systems

The International Monetary Fund (IMF) has commended Nigeria’s ongoing fiscal reforms and urged the country to adopt smarter spending strategies alongside stronger tax systems to sustain economic stability. Davide Furceri, Division Chief, Fiscal Affairs Department at the IMF, made this known during a news conference on the Fiscal Monitor held on Wednesday in Washington D.C.,…

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FG To Clear Outstanding Pension Liabilities Before December — PenCom

The National Pension Commission (PenCom) says it is finalising arrangements to pay all outstanding pension liabilities under the Contributory Pension Scheme (CPS) before December. PenCom’s Director-General, Ms. Omolola Oloworaran, disclosed this on Wednesday in Lagos during the opening of a two-day sensitisation workshop for employees and pension desk officers. The event was organised in collaboration…

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FG Commends Kuje Inmates For Embracing Skill Acquisition For Rehabilitation

The Federal Government has commended inmates of the Kuje Medium Security Custodial Centre for their commitment to skill acquisition and reformatory programmes aimed at rehabilitation and successful reintegration into society. The Minister of Interior, Dr. Olubunmi Tunji-Ojo, gave the commendation during a visit to the custodial centre on Wednesday. Tunji-Ojo said the visit was part…

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Qatari Investor Pledges Major Investments In Nigeria’s Key Sectors

Sheikh Abdulrahman Al-Thani, Chairman of the Future Union Group and member of Qatar’s ruling family, has announced plans to invest substantially across several sectors of Nigeria’s economy in support of the country’s development agenda. Speaking at a press briefing in Abuja on Wednesday, Al-Thani described Nigeria as Africa’s “future investment destination”, expressing optimism about the…

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Nigeria Records Six Per Cent Trade Surplus As CBN Reaffirms Reform Commitment

Nigeria’s trade surplus has risen to six per cent of Gross Domestic Product (GDP), according to the Central Bank Governor, Mr Olayemi Cardoso, signalling improved trade performance amid ongoing economic reforms. Cardoso made the announcement in Washington on Wednesday in a statement released by Mr Mohammed Manga, Director of Information and Public Relations at the…

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Katsina Governor Rejects Talks With Bandits, Expands Community Security Corps

Katsina State Governor Dikko Radda has reiterated that his administration will not negotiate with armed bandits but will continue to pursue peace through locally led initiatives aimed at restoring stability to affected communities. Speaking at the inauguration of 100 newly trained Community Watch Corps (C-Watch) personnel in Katsina on Wednesday, Radda said his government remains…

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