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Essential Nigeria News

Tuesday, July 22, 2025 Volume XXIII Breaking News & Latest Updates
FCMB Joins REA to Deliver Electricity to 2 Million Homes Across Nigeria Business

FCMB Joins REA To Deliver Electricity To 2 Million Homes Across Nigeria

June 20, 2025 | Lagos, Nigeria — In a major step toward expanding electricity access across Nigeria, the Rural Electrification Agency (REA) has teamed up with First City Monument Bank (FCMB) to launch a ₦100 billion financing initiative aimed at boosting renewable energy deployment through private s...

By Joshua-Ale June 20, 2025
PenCom Increases Monthly Pension for Retirees with N3.6 Billion Boost Business

PenCom Increases Monthly Pension For Retirees With N3.6 Billion Boost

Good news for Nigerian retirees under the Contributory Pension Scheme (CPS)! The National Pension Commission (PenCom) has announced a N3.6 billion boo...

21 0
1 month ago
United Capital Expands into Francophone West Africa with New Investment Funds Business

United Capital Expands Into Francophone West Africa With New Investment Funds

United Capital Plc has officially launched two new mutual funds under its West African subsidiary, United Capital Asset Management West Africa Limited...

20 0
1 month ago
New Global Notes Make It Easier to Invest in Nigerian Government Bonds Business

New Global Notes Make It Easier To Invest In Nigerian Government Bonds

In a major move to boost foreign investment, Bank of New York Mellon and Standard Bank have introduced Global Depositary Notes (GDNs) backed by Nigeri...

21 0
1 month ago
Lynx DNA Labs Opens Lekki Office to Bring Genetic Testing Closer to Island Residents Health

Lynx DNA Labs Opens Lekki Office To Bring Genetic Testing Closer To Island Residents

Lynx DNA Laboratories, a trusted name in DNA testing and cancer risk diagnostics, has expanded its operations with a brand-new branch in Lekki Phase 1...

23 0
1 month ago