Author: Ogochukwu Ndubuisi
Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.
PenCom, NLC to Begin Crackdown on Pension Defaulters in Lagos The National Pension Commission (PenCom) and the Nigeria Labour Congress (NLC) Lagos Council will begin enforcement against pension defaulters under the Contributory Pension Scheme from June 1. The NLC Lagos Council Chairperson, Funmi Sesi, disclosed this after an interactive session organised by PenCom in Lagos on Tuesday. The session focused on the workings of the Contributory Pension Scheme (CPS) and sensitised labour leaders on pension compliance obligations under the Pension Reform Act. Sesi condemned the continued failure of some government agencies and private employers to remit deducted pension contributions to…
World Bank to Scale up Africa Guarantees to $6.4bn by 2030 The World Bank Group says its Guarantee Platform aims to double its annual issuance of guarantees in Africa to 6.4 billion dollars by 2030. A statement by the bank on Wednesday says the initiative is expected to improve the lives of no fewer than 190 million people over the next four years. The World Bank Group Guarantee Platform is a centralised, “one-stop shop” that consolidates all guarantee and risk insurance products across the World Bank Group. Hosted by the Multilateral Investment Guarantee Agency (MIGA), it combines the experts and…
Nigeria Customs Launches Smart Declaration System to Curb Airport Delays The Nigeria Customs Service (NCS) has officially unveiled the Simplified Customs Advanced Declaration System (SCADS) at the international wing of the Nnamdi Azikiwe International Airport, Abuja. The move is aimed at improving passenger clearance, compliance, and customs operations. A statement on the inauguration was made available to newsmen by the NCS spokesperson, Abdullahi Maiwada, in Abuja on Tuesday. Maiwada explained that the platform, designed to simplify baggage declaration for inbound international passengers, aims to reduce manual bottlenecks, improve transparency in revenue assessment, and enhance operational efficiency at Nigeria’s international airports.…
Ebola Outbreak: WHO Records 500 Suspected Cases, 130 Deaths in DRC UN World Health Organisation (WHO) says it has recorded more than 500 suspected cases, including 130 suspected deaths, in the Democratic Republic of Congo (DRC) Ebola outbreak so far. WHO’s representative in DRC, Dr Anne Ancia, told reporters in Geneva on Tuesday that only 30 cases had been confirmed in the country so far from the suspected deaths. She said the agency was working closely with the authorities and rushing more testing kits to eastern DRC to identify cases of infection of Bundibugyo virus, a species of Ebola virus…
The Nigerian Exchange (NGX) All-share index (ASI) climbed as BUA Cement, FirstHoldco, Zenith Bank, among others, rode a positive wave, boosting the local bourse’s market capitalisation.
The Nigerian Exchange (NGX) All-Share Index (ASI) surged 57 basis points on Tuesday, driven by buying interest in banking, industrial, and oil & gas stocks.
Dangote Petroleum Refinery has reduced the price of aviation fuel, also known as Jet A1, from N1,750 to N1,650 per litre. The company said the move is aimed at reducing the financial burden on airline operators and ensuring a steady nationwide fuel supply.
The Securities and Exchange Commission (SEC) says the transition to a T+1 settlement cycle for equities and commodities transactions will take effect from June 1.
Ease of Doing Business: PEBEC Pushes Digital Integration Among MDAs Presidential Enabling Business Environment Council (PEBEC), has called for stronger digital integration among Ministries, Departments, and Agencies (MDAs) to improve governance efficiency and ease of doing business in Nigeria. The Director-General of PEBEC, Princess Zahra Abubakar Audu, made the call during the Retreat for Heads of MDAs and MDA Reform Champions in Abuja on Monday. The theme of the retreat is, “From Collaboration to Integration: Digitalising Government Services through Shared Systems and Data”. Audu said the council was promoting interagency connectivity to reduce duplication, improve efficiency, and ensure seamless service…
WHO Warns of Rising Pandemic Threats The World Health Organization (WHO) says the world faces worsening pandemic threats, warning that investments in preparedness are failing to match increasing global outbreak risks and emergencies. A statement released on Monday said experts monitoring global preparedness warned that infectious disease outbreaks were becoming increasingly frequent and damaging, while widening health, economic, political and social consequences weakened recovery capacities globally. According to the statement, a decade after Ebola exposed dangerous gaps in outbreak preparedness and six years after COVID-19 transformed those weaknesses into global catastrophe, evidence now clearly demonstrates continuing international vulnerability. It said…