By Taiye Olayemi Shareholders of Seplat Energy have approved a total dividend payout of N113.78 per share for the 2025 financial year. The approval was given at the company’s 13th Annual General Meeting (AGM) held on Wednesday in Lagos. The dividend comprises a final payout of N68.54 and aContinue Reading
Profit By Taiye Olayemi Wema Bank Plc says it is intensifying efforts to join Nigeria’s tier-one banking group in the near term, through strong earnings growth, fresh capital inflows and a strategic expansion drive. Th Managing Director and Chief Executive Officer, Wema Bank, Mr Moruf Oseni, gaveContinue Reading
By Vivian Emoni The Federal Government in collaboration with the Organised Private Sector, has engaged India to develop a trade and investment roadmap for 2027–2032, aimed at advancing Nigeria’s economic diversification goals. Chief Emeka Obegolu, President, Abuja Chamber of Commerce and Industry (ACCI) disclosed this at a track two roundtableContinue Reading
By Taiye Olayemi The National Pension Commission (PenCom) and the Nigeria Labour Congress (NLC) Lagos Council will begin enforcement against pension defaulters under the Contributory Pension Scheme from June 1. The NLC Lagos Council Chairperson, Funmi Sesi, disclosed this after an interactive session organised by PenCom in Lagos. The sessionContinue Reading
By Lucy Ogalue The Federal Government has called for stronger measurement standards and quality infrastructure to support industrial growth, consumer protection and global competitiveness. The Director-General of Standards Organisation of Nigeria (SON), Dr Ifeanyi Okeke, made the call at an event organised to commemorate the 2026 World Metrology Day onContinue Reading
By Okeoghene Akubuike The Bureau of Public Procurement (BPP) has temporarily lifted the suspension placed on some directorate cadre officers on Salary Grade Levels 15 to 17 over non-compliance with deployment directives. This is contained in a statement issued by Zira Nagga, Head of Press and Public Relations of theContinue Reading
By Nana Musa The Executive Chairman of the Nigeria Revenue Service (NRS), Dr Zacch Adedeji, says the service is targeting N40 trillion in tax revenue for the federation in 2026. He stated this on Tuesday in Abuja during a national workshop on strengthening tax compliance under the new tax regimeContinue Reading
By Martha Agas Some experts have expressed concern that China’s zero-tariff regime on exports from Africa may drive unprocessed mineral exports. The experts told the News Agency of Nigeria (NAN) on Tuesday in Abuja that the policy could also affect the implementation of the Federal Government’s value addition policy forContinue Reading
By Adeola Akinbobola The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advocated the establishment of an oil and gas bank or petroleum energy bank. The National Publicity Secretary of IPMAN, Mr Chinedu Ukadike, made the call in an interview with the News Agency of Nigeria (NAN) on TuesdayContinue Reading
By Adeola Akinbobola Electricity consumers in the Federal Capital Territory (FCT) have continued to lament the epileptic power situation in the territory, describing it as unacceptable. The consumers who reside in Kubwa, Bwari, Kado, Apo and Dutse spoke to the News Agency of Nigeria (NAN) in Abuja on Sunday.Continue Reading
