Felix Duru Mbah

1255 Posts
Apr
11
2025
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By Felix Duru Mbah
PenCom Seeks To Diversify With Focus On Infrastructure

PenCom Seeks To Diversify With Focus On Infrastructure

Economy
Nigeria's pension fund regulator, National Pension Commission (PenCom), wants to diversify investments with more focus on infrastructure and private equity, a spokesperson said on Friday, April 11, a move that could unlock a major new source of capital in Africa's most populous nation. The voluntary and privately managed Retirement Savings Account (RSA) held assets of N23.26 trillion ($14.58 billion) as of February this year, with 60% of that invested in government debt and less than 10% in corporate securities. Diversification would allow the fund to seek out higher-yield investments, PenCom spokesperson Ibrahim Buwai told Reuters . "The current investment strategy…
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Apr
10
2025
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By Felix Duru Mbah
Uninterrupted Power Supply Soon In Enugu

Uninterrupted Power Supply Soon In Enugu

News
By Sylvia Kodilichukwu Enugu Enugu State Electricity Regulatory Commission (EERC) has issued an electricity generation license to a firm, Tempo Power Solutions Ltd., for a five megawatt gas-fired power generation plant to be sited in the South-East Nigerian state. The cheery news is coming several months after Aba, the South-East commercial-industrial hub, in Abia state, got lit up by another firm, Geometric Power, which has reportedly been providing 24-hour uninterrupted power supply. The Enugu electricity generating plant, which would be first of its kind in use of modern technology, would serve commercial and residential concerns within Enugu metropolis, with a…
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Apr
10
2025
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By Felix Duru Mbah
2027: Buba Galadima Questions El-Rufai’s Credentials, Says Coalition Noisemaking Exercise

2027: Buba Galadima Questions El-Rufai’s Credentials, Says Coalition Noisemaking Exercise

News
By our reporter Towards the 2027 general elections, New Nigeria Peoples Party (NNPP) stalwart, Buba Galadima, has revealed alleged plans to make immediate past governor of Kaduna State, Malam Nasir El-Rufai, the Social Democratic Party (SDP) placeholder for Peoples Democratic Party (PDP) presidential flagbearer in the 2023 elections, Atiku Abubakar, should the latter miss out on the PDP ticket. Galadima, a respected Northern elder, also wondered why Abubakar, popularly known as Atiku, would consent to team up with El-Rufai, whom, he claimed, dished out all sorts of derogatory statements against the former Vice President during the President Muhammadu Buhari era,…
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Apr
10
2025
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By Felix Duru Mbah
Labour Speaks On Minimum Wage In Sokoto

Labour Speaks On Minimum Wage In Sokoto

News
By Rosemary Ameh, Sokoto Sokoto State council of Nigeria Labour Congress (NLC) has dismissed a claim attributed to tNational President of Nigeria Union of Local Government Employees (NULGE), Ali Haruna Kankara, who reportedly listed Sokoto among states yet to implement the new wage of N70,000 monthly. NLC Chairman in the state, Aliyu Abdullahi Jangale, alongside the state NULGE counterpart, Ibrahim Abubakar Giro, described the report as “misleading and completely untrue.” Speaking at a joint press conference held in Sokoto on Wednesday, April 9, both labour leaders strongly refuted a report that the North-West state had not implemented the new wage…
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Apr
09
2025
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By Felix Duru Mbah
Zamfara Chamber Chief Visits Victims Of Burnt Gusau Market

Zamfara Chamber Chief Visits Victims Of Burnt Gusau Market

News
By John Bassey, Gusau Zamfara Chamber of Commerce, Industry, Mines and Agriculture (ZACCIMA) has sympathised with victims of a fire outbreak in Gusau Central Market, Zamfara State. Goods estimated at N350 million were burnt in the inferno which gutted the facility in the early hours of Tuesday, April 8. ZACCIMA president, Alhaji (Dr) Hassan Buhari Tafida, paid a courtesy visit to traders at the market, especially those who deal in traditional medicine and provision stores, who were the major victims of the inferno. Represented by his deputy, Alhaji Chika Abubakar Galadima, the president, who holds the traditional title of Maradun…
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Mar
25
2025
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By Felix Duru Mbah
Ajayi Crowther Varsity Launches Website, New Branches Abroad

Ajayi Crowther Varsity Launches Website, New Branches Abroad

Education
By Stephen Gbadamosi, Ibadan Ajayi Crowther University Alumni Association (ACUAA) has expanded its global network with the launch of new branches in three countries, including the United States of America (USA), Canada, and the United Kingdom (UK). The association has also launched new branches in Abuja, Lagos, and Ibadan, the Oyo State capital. These were contained in a statement signed by the association's president, Busoye Ogunlade, and made available to journalists in Ibadan on Monday, March 24. Ogunlade said the alumni inaugurated new executives that would run the affairs of the organisation in the aforementioned countries and states for the…
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Mar
16
2025
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By Felix Duru Mbah
Wike Vs Fubara: Tinubu’s Ex-aide Lists Major Hindrance To Gov’s Impeachment

Wike Vs Fubara: Tinubu’s Ex-aide Lists Major Hindrance To Gov’s Impeachment

News
By Felix Durumbah There is only one major obstacle to the plot to potentially impeach Governor Sim Fubara of Rivers State by the majority 27 lawmakers in the State House of Assembly: the State Chief Judge (CJ), Justice Simeon Amadi. This was the view of Mahmud Jega, former Special Adviser, Public Affairs, to President Bola Tinubu when the latter was presidential candidate of All Progressives Congress (APC) ahead of the 2023 elections. Jega is also a respected editor and political analyst. He spoke on Arise TV on the protracted Rivers State crisis involving the governor and his estranged political godfather,…
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Feb
28
2025
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By Felix Duru Mbah
Commonwealth Ex-Scribe, Anyaoku, Lauds Mbah For ‘Genuinely, Quietly Transforming’ State

Commonwealth Ex-Scribe, Anyaoku, Lauds Mbah For ‘Genuinely, Quietly Transforming’ State

Entertainment
By Sylvia Kodilichukwu, Enugu Former Secretary General of the Commonwealth, Chief Emeka Anyaoku, has described Governor Peter Mbah of Enugu State as an epitome of good governance. According to him, the governor was genuinely and quietly transforming the South-Eastern state. Anyaoku, however, stressed that visionary leadership and speedy development, such as being witnessed in Enugu State under Mbah, would become a mere routine with a genuine federal constitution. The diplomat spoke at the 14th Chief Emeka Anyaoku Lecture Series on Good Governance, themed 'The Imperative of Good Governance: Nigeria in a Global Comparative perspective', organised by the board of Youth…
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Feb
21
2025
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By Felix Duru Mbah
Model School Maitama Appoints New Prefects For 2025/26 Academic Session

Model School Maitama Appoints New Prefects For 2025/26 Academic Session

Education
Prominent public school in the Federal Capital Territory (FCT), Model Secondary School (MSS), Maitama, known for its academic excellence and discipline, has appointed new student leaders. The new prefects will serve for the 2025/2026 academic session, taking on the responsibility of maintaining order and upholding the school’s values. At the official decoration ceremony, the Director/Principal of the school, Dr. Judith Olure, emphasized the significance of student leadership, stating that the transition was necessary as the outgoing prefects in Senior Secondary (SS) 3 prepare for their West African Examinations Council (WAEC) and National Examinations Council (NECO) examinations scheduled for May this…
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