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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

    FG signs deepwater oil contract with TotalEnergies, Sapetro

    Nigeria’s federal government, through the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), has executed a...
    Business

    MOFI partners CRMI to boost risk management capacity

    The Ministry of Finance Incorporated and the Chartered Risk Management Institute of Nigeria have...
    Business

    How Tinubu’s exchange rate reforms turned naira into Nigeria’s export engine

    Director-General of the Budget Office of the Federation, Taminu Yakubu, in this feature evaluates...
    Business

    New AfDB president, Sidi Ould Tah takes over

    The newly elected President of AfDB, Sidi Ould Tah, from Mauritania, has assumed office,...
    Business

    Offa Poly launches indigenous electric vehicle

    The Federal Polytechnic Offa, Kwara State, has launched an indigenous electric vehicle, marking a...
    Business

    Oil industry Trainers To honour Stakeholders With Awards

      Nigeria’s petroleum industry talent molders, the Oil and Gas Trainers Association of Nigeria (OGTAN),...
    Business

    New Custom’s FOB rate raises importation cost by 186%, importers lament 

    The Nigeria Customs Service’s four percent Free-on-Board (FOB) collection recently introduced, has increased the...
    Business

    Nestlé empowers 2,600 food vendors 

    Nestlé Professional, the Out-of-Home business arm of Nestlé Nigeria, has empowered over 2,600 food...
    Business

    Nigeria emerges Africa’s second-largest solar importer – Report 

    Nigeria has emerged as Africa’s second-largest solar importer after a record surge in solar...
    Business

    ISO 20022: CBN gives October deadline for banks, payment operators to migrate

    The Central Bank of Nigeria (CBN) has issued a directive to all commercial banks,...
    Business

    Solar Energy, Nigeria’s most economically viable power model – REA MD

    The Managing Director of the Rural Electrification Agency (REA), Abba Aliyu, has described solar...
    Business

    Rural communities pay more for power than Band A consumers- REA 

    The Federal Government has revealed that some rural communities in Nigeria are paying higher...
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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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