FG TO PAY OUTSTANDING WAGE AWARD BEFORE MID-AUGUST, SAYS FINANCE MINISTER

The Federal Government has assured public servants that the outstanding wage award will be paid before the middle of August, while outstanding promotion arrears are also being processed as part of efforts to fulfil commitments to workers.
SEC TO HOLD ABUJA INVESTOR CLINIC ON UNCLAIMED CAPITAL MARKET ASSETS

The Securities and Exchange Commission (SEC) will on Thursday, August 6, 2026, hold an investor clinic in Abuja to educate investors and beneficiaries on how to recover unclaimed funds and inherited investments in the Nigerian capital market.
FG PRESENTS FIRST COMPENSATION CHEQUES TO FEDERAL CIVIL SERVANTS UNDER EMPLOYEES’ COMPENSATION SCHEME

The Federal Government has presented its first compensation cheques to Federal Civil Servants under the Employees’ Compensation Scheme (ECS), reaffirming its commitment to improving workers’ welfare and strengthening social protection across the Federal Public Service.
TCN, POLICE ARREST SUSPECT OVER VANDALISM OF SIX TRANSMISSION TOWERS ON YOLA–JALINGO POWER LINE

The Transmission Company of Nigeria (TCN) says six transmission towers along the Yola–Jalingo 330kV transmission line have been vandalised, with one suspect arrested and some of the stolen components recovered.
CUSTOMS BOSS SEEKS STRONGER SENATE OVERSIGHT TO SUSTAIN MODERNISATION, REFORM AGENDA

The Comptroller-General of Customs, Adewale Adeniyi, has called on the Senate Committee on Customs to deepen its oversight of the Nigeria Customs Service (NCS) by focusing on reforms, data-driven governance and institutional performance rather than individual transactions.
AFCRA MUST DEMONSTRATE INDEPENDENCE, TRANSPARENCY TO GAIN INVESTOR CONFIDENCE — DATAPRO

DataPro has urged the proposed African Credit Rating Agency (AfCRA) to demonstrate analytical independence, methodological transparency and consistent performance if it is to earn the confidence of global investors.
NAICOM BEGINS ISSUING NEW LICENCES TO RECAPITALISED INSURANCE COMPANIES

NAICOM BEGINS ISSUING NEW LICENCES TO RECAPITALISED INSURANCE COMPANIES
DEFENCE MINISTER HAILS TINUBU’S 30–80% PAY RISE FOR MILITARY PERSONNEL

The Minister of Defence, General Christopher Musa (Rtd.), has commended President Bola Ahmed Tinubu for approving a salary increase of between 30 and 80 per cent for personnel of the Armed Forces of Nigeria.
MINISTER OF DEFENCE URGES ECOWAS, SAHEL ALLIANCE TO UNITE AGAINST TERRORISM

Nigeria’s Minister of Defence, General Christopher Gwabin Musa (Rtd), has called for stronger collaboration between the Economic Community of West African States (ECOWAS) and the Alliance of Sahel States (AES) to combat terrorism, dismantle cross-border criminal networks and restore peace across West Africa.
NIGERIA’S FOREIGN RESERVES HIT 17-YEAR HIGH OF $52.5BN, SAYS CBN

Nigeria’s foreign reserves have risen above $52.5 billion, surpassing the Central Bank of Nigeria’s annual target and reaching their highest level in 17 years, the apex bank has announced.