Business/Finance

Nica Seeks More Business-friendly Loans For Smes

PenCom: PFAs Fined For Failure To Enlighten Pensioners

Aisha Dahir-Umar (DG, PenCom)

Pension fund administrators (PFAs) who fail to enlighten pensioners on programmed withdrawal and other features risk a fine of N500,000. The National Pension Commission (PenCom) disclosed that the feature includes retirement life annuity (RLA) as it would enable retirees to make an informed decision on how to manage their pension benefits. This ... Read more

Stakeholders Request For Housing Budget Review

Toye Eniola (Executive Secretary, Association of Housing Corporations of Nigeria (AHCN)

Stakeholders in the housing sector have jointly requested for a review of the 2024 housing budget to meet up with current realities. In an exclusive interview with a correspondent, the Executive Secretary of the Association of Housing Corporation of Nigeria noted that the review of the 2024 budget projection was inevitable. According to him, ... Read more

CISI Outlines The Importance Of Infrastructure Financing

The National Advisory Council (NAC) of Nigeria Group of Chartered Institute for Securities and Investment (CISI) has explained how to effectively maximise investment opportunities in a volatile market, especially through infrastructure financing. Similarly, at the Nigeria Members’ Forum, themed ‘Exploring Opportunities in Volatile Ma ... Read more

NAICOM Partners With Operators On New Path For IFRS-17 Transition

The National Insurance Commission (NAICOM) expressed partnership with the industry stakeholders in mapping out strategies for an effective smooth adoption of the International Financial Reporting Standard (IFRS) 17. It was observed by players who gathered at a one-day interactive session held in Lagos that with a good number of underwriting firm ... Read more

Nigeria, Ghana And Others Plan To Protect Undersea Cables

 Bosun Tijani (Minister of Communications and Digital Economy)

The Minister of Communications and Digital Economy, Bosun Tijani, has disclosed its plans to spearhead a global collaboration aimed at enhancing the protection of undersea cables. This was disclosed by the minister on social media platform, X (formerly Twitter) on Sunday. This comments came against the backdrop of undersea cable cut that has ... Read more

Commissioner Warns The Ai Deployment Must Not Violate Consumers’ Rights

The Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Ambrose-Medebem has disclosed a clear warning that the advent of Artificial Intelligence in online and digital market must not be at the expense of the citizens’ rights and well-being. She expressed that as the world navigate through technological advancement ... Read more

CBN Collaborates With Blockchain Fi

Dr. Olayemi Cardoso (Governor, Central Bank of Nigeria (CBN)

A Memorandum of Understanding (MoU) have been signed between thee Central Bank o ...
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Minister Applauds The NASS For Rais

Abubakar Atiku Bagudu (Minister of Budget and Economic Planning)

Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, has applauded t ...
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Heirs Energies: Powering Nigeria's

Heirs Energies, Africa’s leading integrated energycompany, hasannounced af ...
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Access Holdings Profits 1.52% As Ai

Access Holdings Plc increased gain by 1.52 per cent on Thursday, a day after Aig ...
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NNPCL Urges EFCC To Address Oil The

The Nigerian National Petroleum Company Limited has urged the Economic and Finan ...
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