Life & Work

May & Baker warns public against fraudulent ‘M&B Equity Stake’ investment scheme

Life & Work, News /

  May & Baker Nigeria Plc has distanced itself from a fraudulent investment scheme known as “M&B Equity Stake”, which is being promoted in the company’s name. The pharmaceutical company warned members of the public to disregard any unauthorised investment solicitation claiming to be affiliated with May & Baker Nigeria Plc. The company disclosed this […]

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BOI unveils €85 million facility to boost cocoa processing and reduce raw bean exports

Economy, Life & Work /

  The Bank of Industry (BOI) has launched an €85 million long-term financing facility to expand Nigeria’s domestic cocoa processing industry, reduce dependence on raw cocoa bean exports, and promote value addition across the country’s cocoa value chain. The initiative was announced by the Managing Director and Chief Executive Officer of BOI, Dr. Olasupo Olusi,

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Nigeria’s crude oil production hits highest level in over six years, surpasses OPEC quota

Economy, Life & Work, News /

Nigeria’s crude oil production increased to an average of 1.56 million barrels per day (mbpd) in June 2026, recording the country’s highest monthly crude oil output since April 2020. The figures were disclosed by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in a statement published on its official X account. According to the commission, Nigeria

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Nigerian equities market adds N1.86 trillion as broad-based rally strengthens recovery

Economy, Life & Work /

  The Nigerian equities market extended its bullish momentum on Tuesday, July 7, 2026, with widespread buying across banking, industrial goods, consumer goods, oil and gas, and insurance stocks lifting the market for the second consecutive session. The NGX All-Share Index (ASI) advanced 1.24% to close at 237,083.28 points, up from 234,178.23 points recorded on

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Premium Pension, Trustfund Pensions propose merger to create Nigeria’s third-largest PFA

Economy, Life & Work /

  Premium Pension Limited and Trustfund Pensions Limited have proposed a merger that would create Nigeria’s third-largest Pension Fund Administrator (PFA) by assets under management. The proposed transaction was disclosed in a merger notification published by the Federal Competition and Consumer Protection Commission (FCCPC) on Tuesday. If approved by the relevant regulators, the two companies

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Air Peace CEO Calls for Economic Boycott of South Africa Over Xenophobic Attacks

Corporate, Life & Work, News /

  The founder and Chief Executive Officer of Air Peace, Allen Onyema, has urged Nigerians to stop investing in South Africa and instead channel their investments toward Nigeria in response to renewed xenophobic attacks against foreign nationals, including Nigerians. Speaking during an interview on ARISE News, Onyema argued that economic measures rather than violence should

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Federal Government Disburses Over N13 Billion in Interest-Free Loans to Tertiary Institution Staff

Corporate, Economy, Life & Work /

  The Federal Government has completed the 2025/2026 cycle of the Tertiary Institutions Staff Support Fund (TISSF), disbursing more than N13 billion in interest-free loans to 7,450 academic and non-academic staff across public tertiary institutions nationwide. The disclosure was made by the Federal Ministry of Education in a press release issued on June 19, 2026.

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Federal Government Targets 1.1 Million Metric Tonnes of Fertiliser for Farmers in 2026

Economy, Life & Work /

President Bola Tinubu has reaffirmed the Federal Government’s commitment to delivering 1.1 million metric tonnes of fertiliser to Nigerian farmers in 2026 as part of ongoing efforts to strengthen food security, increase agricultural productivity, and support local food production. The President made the disclosure in a statement issued on June 18, 2026, outlining the administration’s

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Federal Government Declares June 29–July 3 National Learning Assessment Week

Corporate, Life & Work /

  The Federal Government has declared June 29 to July 3, 2026, as National Learning Assessment Week as part of preparations for Nigeria’s first nationwide learning assessment exercise. The announcement was made by the Federal Ministry of Education in a statement signed by its Director of Press and Public Relations, Boriowo Folasade. The initiative is

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Federal Government Declares June 12 Public Holiday for Democracy Day 2026

Corporate, Life & Work, News /

Overview The Federal Government has declared Friday, June 12, 2026, a public holiday to commemorate Nigeria’s annual Democracy Day celebration. The announcement was made by the Minister of Interior, Olubunmi Tunji-Ojo, through an official statement issued on behalf of the government. Key Details June 12 has been designated as a public holiday to mark Nigeria’s

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