By Vivian Ihechu The Managing Director of Citizens Pensions Ltd., Helen Da-Souza, has highlighted the need for in-depth education to ensure citizens understand their pension contributions and avoid misconceptions. Da-Souza said this at the unveiling of Citizens Pensions Ltd. in Lagos on Tuesday. She emphasised that the pension planContinue Reading
By Constance Athekame The Nigerian Electricity Regulatory Commission (NERC) on Tuesday announced that Electricity Distribution Companies (DisCos) collected N509.84 billion in the fourth quarter of 2024 out of the N658.40 billion billed to customers. This was disclosed in NERC’s 2024 Fourth Quarter Report. According to the report, this translates toContinue Reading
By Taiye Olayemi United Bank for Africa (UBA) Plc has recorded N766.6 billion as profit after tax for the year ended Dec. 31, 2024. This represents 26.14 per cent increase when compared to N607.7 billion posted same period of 2023. ThisContinue Reading
By Grace Alegba The Naira appreciated on Monday at the official market, trading at N1,531.19 to a dollar. Data from the Central Bank of Nigeria (CBN) website showed that the Naira gained N5.70. This represents a 0.37 per cent gain when compared to the N1,536.89 per dollar recorded on Friday,Continue Reading
By Ginika Okoye The Securities and Exchange Commission (SEC) says there is no hiding place for violators in the country’s capital market. The Director-General of SEC, Dr Emomotimi Agama, gave the warning in a notice to operators obtained by the News Agency of Nigeria (NAN) on Sunday in Abuja. AgamaContinue Reading
By Kadiri Abdulrahman The Tony Elumelu Foundation (TEF) has announced a $15 million grant to support 3,000 budding entrepreneurs from 52 African countries. TEF Founder, Mr Tony Elumelu, made this known on Sunday in Abuja during the unveiling of the 2025 cohort of the foundation’s Entrepreneurship Programme. He stated thatContinue Reading
By Lucy Ogalue The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says the proposed tax reform bill will significantly reduce financial burden and create a growth-enabling environment for small business owners. The Director-General of SMEDAN, Mr Charles Odii, said this at a stakeholder engagement on tax reforms organisedContinue Reading
By Muhyideen Jimoh The Association of Niger Delta Monarchs of Nigeria (ANDMON) has called on stakeholders to support the Federal Government in curbing pipeline vandalism and oil theft in the region. Chairman of the association, HM Frank Okurakpo, Odhe II, made the call in a statement on Saturday. He saidContinue Reading
By Kadiri Abdulrahman The Federation Account Allocation Committee (FAAC) has shared N1.678 trillion among the Federal Government, states and the Local Government Councils (LGCs) for the month of February. This is according to a communiqué issued by FAAC and made available by Bawa Mokwa, the Director, Press and Public Relations,Continue Reading
By Rukayat Moisemhe The Chief Executive Officer (CEO), Geregu Power Plc, Mr Akin Akinfemiwa, has unveiled a roadmap broken into short, medium and long term action plans to achieve power sufficiency in Nigeria. Akinfemiwa said this at the Nigerian British Chamber of Commerce (NBCC) March 2025 Members Evening/ Induction ceremonyContinue Reading
