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    Kapital FM 92.9 The Station that Rocks!

Economy

261 Results / Page 4 of 29

Africa

UAE’s Exit From OPEC Could Trigger Oil Market Volatility — CRMI

The Chartered Risk Management Institute of Nigeria, CRMI, has urged Nigerian authorities, businesses and investors to prepare for potential shocks in the global oil market following the United Arab Emirates’ exit from the Organization of the Petroleum Exporting Countries (OPEC) effective May 1, 2026 In a policy advisory, CRMI Registrar and Chief Executive Officer, Victor Olannye said the development could weaken OPEC’s influence over oil supply coordination and expose countries […]

todayMay 5, 2026

Agriculture

Idealab To Partner Benue Govt On Poverty Reduction

Idealab Agency has requested a strategic partnership with the Benue State Government to support a development agenda aimed at reducing poverty, creating jobs and promoting inclusive economic growth. The agency said the proposal builds on ongoing collaboration with the World Bank Group, the United Nations, the Federal Government of Nigeria and private investors to mobilize funding and technical support for projects across key sectors. In a statement in Abuja, Idealab […]

todayMay 5, 2026

Business

NIS Refutes Partnership With Religious Organisation For Passport Application

The Nigeria Immigration Service (NIS) has refuted the misleading claims being circulated that it partnered a religious organisation for passport application and payment process. A statement by the Public Relations Officer of the Service, Akinsola Akinlabi says that NIS operates a secure, transparent, and government-approved passport application system, which is accessible exclusively through its official portal at http://passport.immigration.gov.ng . The statement says the portal remains the only authorized platform for […]

todayMay 5, 2026

Africa

NNPLC Signs MOU To Kick-Start Operations at Warri and Port Harcourt Refineries

  The NNPC Ltd has signed a Memorandum of Understanding (MoU) with two Chinese companies, Sanjiang Chemical Company Limited and Xingcheng (Fuzhou) Industrial Park Operation and Management Co. Ltd, for collaboration through a potential Technical Equity Partnership (TEP) in support of the completion and operation of the Port Harcourt and Warri Refineries. The MoU was signed by the Group CEO, NNPC Ltd, Engr. Bashir Bayo Ojulari; Chairman, Sanjiang Chemical Company, […]

todayMay 4, 2026

Africa

Nigeria Assumes Chairmanship Of AU Peace and Security Council

Nigeria has assumed the chairmanship of the African Union (AU) Peace and Security Council (PSC) for the month of May 2026, reaffirming the country’s longstanding leadership role in promoting peace, security and stability across Africa. A statement issued by the spokesperson, Ministry of Foreign Affairs, Kimiebi Ebienfa noted that the last time Nigeria chaired the Council was in December 2022. It added that Nigeria remains the only African Union member […]

todayMay 2, 2026

Economy

Senate Confirms Yuguda As CBN Deputy Governor

The Senate has confirmed the appointment of Mr Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria ( CBN) , describing him as square peg in a square hole . Confirmation of Yuguda's appointment by the Senate followed s report submitted to that effect by its committee on Banking , Insurance and other Financial Institutions . The Chairman of the committee, Senator Adetokunbo Abiru ( Lagos East) […]

todayApril 29, 2026

Africa

Mobile Platforms Will Give Rural Women Access To Justice – DG NIPSS

Director-General of the National Institute for Policy and Strategic Studies (NIPSS), Prof Ayo Omotayo, has called on women to embrace technology and artificial intelligence to enable them seek legal aid and report discrimination instantly through mobile platforms. Omotayo, made the call on Tuesday, in a keynote address at the launch of the New Dawn for Women and Community Intervention Initiative (NEWOMCII) and a book in Abuja. Speaking on the theme, […]

todayApril 28, 2026

Economy

PTAD Completes Payment Of ₦32,000 Pension Arrears To DBS Pensioners ‎ ‎

The Pension Transitional Arrangement Directorate, PTAD, has finalized the payment of the outstanding one month arrears of the ₦32,000 pension increment to eligible pensioners under the Defined Benefit Scheme, DBS, bringing to a close all obligations tied to the adjustment. ‎ ‎In a statement PTAD disclosed that a total sum of ₦1.73 billion was disbursed to 54,206 eligible DBS pensioners, marking the full settlement of arrears resulting from the ₦32,000 […]

todayApril 28, 2026

Economy

Tinubu’s Increase In Allowances Will Boost Workers’ Morale — Analyst

A Public Affairs Analyst, Gbenga Odubayo, has described the recent approval of increased public service allowances by President Bola Ahmed Tinubu as a timely and commendable intervention aimed at improving the welfare, morale, and productivity of Nigerian workers. Mr. Odubayo made the remarks while speaking on Perspectives, a current affairs programme on Kapital FM in Abuja. Speaking on the topic, “Implications of President Tinubu’s Approval of Increased Public Service Allowances: […]

todayApril 28, 2026