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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

    KEDCO commences 10MW offtake to strengthen distribution network

    Kano Electricity Distribution Company (KEDCO) has successfully commenced a 10-Megawatt (MW) energy offtake of...
    Business

    Emzor Pharmaceutical repays N5.13bn series 1 commercial paper 

    Emzor Pharmaceutical Industries Ltd (Emzor), one of the leading firms in the Nigerian pharmaceutical...
    Business

    Don’t invest in GVEST Ponzi scheme, SEC warns Nigerians 

    The Securities and Exchange Commission (SEC) has cautioned Nigerians not to invest in GVEST...
    Business

    DMO’s N200bn bonds subscription begins August 25

    The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria (FGN),...
    Business

    N341trn Nigeria’s oil locked in undeveloped fields – Report 

    Over 3.5 billion barrels of oil and condensate reserves are locked in undeveloped fields...
    Business

    CBN to auction N230bn treasury bills amid market caution

    The Central Bank of Nigeria (CBN), through the Debt Management Office (DMO), will offer...
    Business

    US-Russia meeting: Oil prices fall may affect Nigeria’s fiscal plan

    Oil prices fell on Tuesday, August 19, 2025, over the possibility that the meeting...
    Business

    FG decries $400m agricultural export earnings amid GDP contribution 

    The Federal Government has expressed concern over Nigeria’s low earnings from agricultural exports, noting...
    Business

    Enforce phones switch-off during take-off, landing, NCAA directs airlines

    The Nigerian Civil Aviation Authority (NCAA) has directed all airlines operating in the country...
    Business

    AI future of air traffic management

    We have been told that the machine now thinks, feels, decides, and interacts; that...
    Business

    Naira may weaken in H2 2025 amid summer tourism

    Norrenberger, an advisory and asset management company, has forecasted that in the second half...
    Business

    NCC links cheap telecom tariff to competition

    The Nigerian Communication Commission (NCC), has said that despite the recent 50 percent hike...
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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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