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Nigeria’s PTAD Pays US$2.8 Million in Pension Arrears to 30,356 Retirees

Nigeria · FINANCE Key Facts —Payment amount: PTAD disbursed ₦3,817,568,592.80, commonly rounded to ₦3.82 billion, in backend computation pension arrears. —Beneficiaries: The payment covered 30,356 Defined Benefit Scheme pensioners across three PTAD departments. —Announcement date: PTAD issued the statement on Friday, 14 August 2026, via its official channels. —Departments covered: Parastatals…

We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.

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The SADC Summit in Durban Puts Critical Minerals at the Centre

Sixteen southern African heads of state meet in Durban on 17 August under a theme built around critical minerals, with South Africa taking the chair.

  • SADC Summit held in Durban on 17 August 2026, focusing on critical minerals
  • Critical minerals account for 10% of SADC GDP, 25% of exports, 20% of government revenue

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