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PenCom kicks-off ‘PenCare’ free healthcare scheme for retirees
National Pension Commission (PenCom), has kicked off the pilot phase of its PenCare initiative by inviting retirees aged from above 60 years to enroll in the free healthcare scheme. Accident to PenCom, the healthcare scheme is also for the 60+ year-olds…
Airbnb defies growing global restrictions, rolls out expanded app
United States-based online marketplace for short and long-term accommodation, experiences and services in various countries and regions, Airbnb has launched an expanded app that now includes provisions for boutique hotels, grocery delivery, car rentals, and others. According to Airbnb, Friday,…
Nigeria’s crude oil production rises by 7.6%, as global carbon pricing revenue tops $107bn
Nigeria’s crude oil production increased by 7.66 percent in April 2026, representing a rise from 1.383 million barrels per day (bpd) recorded in March to 1.489 million bpd in April 2026, according to the Organisation of the Petroleum Exporting Countries…
Airbus cites ‘severe bottlenecks’ over A350, A320neo delivery delays
Commercial aircraft manufacturer, Airbus has blamed ‘severe bottlenecks’ for the delays experienced in delivery of the A350 and A320neo family aircraft to customers. According to the manufacturer, the delays could stretch from one month to four years. Explaining the delay,…
Wema Bank eyes Tier-1 status with planned acquisitions, as PBT hits N221.9bn
Shareholders of Wema Bank have approved the Management’s plans for bold acquisitions that would see the institution reach a Tier-1 status in the country. The shareholders, Wednesday, also endorsed the bank’s move to fast-track growth and attain Systemically Important Bank…
Cement firms report impressive Q1 growth, applaud reformed forex for stabilizing industry
Nigeria’s cement manufacturing firms, including; BUA, Dangote and Lafarge have reported impressive first quarter financial statements. The growth comes amid claims of inclement operating environment riddled with high operating costs, logistics, and other overheads which have seen the market price…
FG begins certification processes for 5 proposed deep seaports
Federal Government has approved certification processes for five proposed deep seaports. Federal Government has approved certification processes for five proposed deep seaports in the country. The move is aimed at halting a reported loss of over 70 per cent of…
UNIPORT, UNIBEN teams advance to boot camp in NCDMB Engineering Olympiad
Frank Okon University of Port Harcourt and University of Benin have emerged winners of the South-South regional stage of the Nigerian Engineering Olympiad (NEO), securing spots in the national boot camp phase of the competition. The contest which held at…
UK initiates interfaith dialogue amid Nigeria’s security challenges
Frank Okon The government of the United Kingdom has called for greater tolerance across religions and beliefs in Nigeria, saying stronger interfaith understanding and leadership are critical to ensuring that the cohesion and peaceful coexistence seen at community level in…
NUPRC warns of fake social media accounts impersonating CEO
Ziggy Ojiegbe The Nigerian Upstream Petroleum Regulatory Commission has alerted the public to the activities of fraudsters impersonating the Commission Chief Executive, Oritsemeyiwa Eyesan, across multiple social media platforms. In a disclaimer issued by the Commission, NUPRC said it had…
