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    PenCom issues new guidelines for pension fund performance reporting 

    The National Pension Commission (PenCom) has released a new directive aimed at standardising the methodology for calculating and reporting investment performance across pension portfolios. The circular, signed by A.M. Saleem, Head of the Surveillance Department, was addressed to all Licensed Pension Fund Operators (PFOs) and...
    Business

    Access Bank to acquire South Africa’s Bidvest Bank in $159m deal

    Access Bank has announced a landmark agreement to acquire South Africa’s Bidvest Bank in a transaction valued at $159 million, marking another bold step in its aggressive expansion drive across Africa. The Nigerian lender, which has rapidly grown into one of the continent’s biggest financial...
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    Business

    Nigerian crude settles above $71 per barrels amid global market volatility 

    Nigerian oil blends, including Bonny Light and Brass River, settled above $71 per barrel...
    Business

    USSD platforms: FirstBank assures customers on quick service disruption resolution

    FirstBank has announced a temporary service disruption affecting key digital banking channels, which has...
    Business

    Nigeria joins Saudi Arabia, UAE as world’s top oil producers – OPEC

    Crude production by OPEC members increased by about 400,000 barrels daily in August to...
    Business

    Digital lenders to face N100m sanction over compliance infractions 

    The Federal Competition and Consumer Protection Commission (FCCPC) has announced the official commencement of...
    Business

    Wike approves N5m penalty for land use violations in FCT

    Minister of the Federal Capital Territory (FCT), Barrister Nyesom Wike, has approved the payment...
    Business

    Terrorism: ECOWAS region, Sahel need coordinated response – Defence Minister

    The Minister of Defence, Mohammed Badaru Abubakar, has advocated for institutionalising joint and multinational...
    Business

    40,000 farmers in Sokoto to benefit from EU €2m project

    The European Union has launched a €2 million Regreening Africa project that will support...
    Business

    BPE to list two DisCos, GenCo on Stock Exchange

      The Federal Government is concluding arrangements to list two electricity distribution companies (DisCos) and...
    Business

    Coscharis Motors slashes cars’ prices over economic hardship

    A Nigerian automobile giant, Coscharis Motors Plc, has declared a reduction in the prices...
    Business

    FIRS advocates global action against cross-border tax crimes

      Chairman, Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has urged global leaders to...
    Business

    NBS: Yobe, Niger, Nasarawa lead cooking gas price decline

    The average retail price of refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking...
    Business

    Chinese investors target $710m renewable energy, agric projects in Katsina 

    Twenty-five Chinese investors, led by China Overseas Engineering Group (COVEC), are exploring $720 million...
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    Business

    PenCom issues new guidelines for pension fund performance reporting 

    The National Pension Commission (PenCom) has released a new directive aimed at standardising the...
    Business

    Access Bank to acquire South Africa’s Bidvest Bank in $159m deal

    Access Bank has announced a landmark agreement to acquire South Africa’s Bidvest Bank in...
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    Kano signage agency targets N1.5bn revenue in four months

    The newly established Kano State Signage and Advertisement Agency (KASSA) has announced an ambitious...
    Business

    Nigerian crude settles above $71 per barrels amid global market volatility 

    Nigerian oil blends, including Bonny Light and Brass River, settled above $71 per barrel...

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