Nigerian Government Approves Pension Increase and ₦20 Billion Back Payment for Retirees By DocuNews Central Staff • Published: September 30, 2025 • Updated: October 3, 2025 Breaking: The Federal Government of Nigeria has approved a pension increase for retirees under the Defined Benefit Scheme (DBS), and it has released ₦20.188 billion to begin payment of…
Lagos is the heartbeat of Nigeria’s economy. With more than 20 million people, the city is full of opportunities for anyone who wants to start a small business. The traffic, the fast lifestyle, and the diverse population all make Lagos a good ground for business. But to succeed, you need the right idea, the right…
Dangote and PENGASSAN Reach Agreement as Strike Ends, 800 Workers Recal Fresh Deal Ends Heated Dispute A breakthrough has finally been achieved between Dangote Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) after days of tension that shook the oil and gas sector. Following several hours of intense conciliation talks…
STRIKE: PENGASSAN DEADLOCK WITH FEDERAL GOVERNMENT AS DISPUTE HITS DANGOTE REFINERY A Crisis That Refuses to End The Nigerian energy sector has been thrown into deeper uncertainty as the strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) continues to disrupt critical operations. After more than nine hours of tense negotiations…
Nigeria Slashes Interest Rates After Five Years – What It Means for Your Money and the Economy A Landmark Monetary Policy Shift For the first time in half a decade, Nigeria’s Central Bank has finally loosened its grip on interest rates. On Tuesday, the Central Bank of Nigeria (CBN) announced a surprise 0.5 percentage point…
COURT BARRED PENGASSAN FROM CUTTING CRUDE AND GAS SUPPLY TO DANGOTE REFINERY A BIG WIN FOR DANGOTE REFINERY Bidvertiser2102066 The National Industrial Court in Abuja has stepped in to stop a looming energy crisis. On Monday, the court issued an interim order that barred the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN)…
