The National Pension Commission (PenCom) has announced a fresh increase in the minimum capital requirements for Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs), raising the thresholds to N20 …
Business
- BusinessCorporate GovernanceFinanceNigeriaPensionRegulation
- BusinessCorporate EarningsFinanceInsuranceNigeriaRegulation
Prudential Zenith Life Surpasses New Capital Requirement With N19.3bn Buffer
Prudential Zenith Life Insurance Company Limited has announced that it has exceeded the minimum capital requirement set under the new Nigerian Insurance Industry Reform Act (NIIRA) by N19.3 billion, positioning …
- BusinessCorporate GovernanceEconomyFinanceInsuranceINVESTMENTNigeria
Prestige Assurance Records 51% Growth in Premium, Withholds Dividend Amid Recapitalisation Plans
Prestige Assurance Plc has announced a 51 per cent increase in its gross written premium for the 2024 financial year, highlighting its resilience in a challenging operating environment. The company’s …
- BusinessCentral BankingEconomyFinanceInflationMonetary PolicyNigeria
CBN Cuts Benchmark Rate to 27% in First Policy Shift Since 2020 Pandemic
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has, for the first time since the Covid-19 pandemic in 2020, reduced the benchmark interest rate, signalling a cautious …
- BusinessCorporate NewsEconomyFinance & ServicesInsuranceLeadershipNigeriaWomen in Business
Rex Insurance MD, Ebelechukwu Nwachukwu, Named Among Top 25 Corporate Leaders of 2025
The Managing Director of Rex Insurance, Mrs. Ebelechukwu Nwachukwu, has been recognised as one of Nigeria’s top 25 corporate leaders of the year. The recognition came at the 2025 edition …
- AgricultureBusinessEconomyManufacturingPoliciesTrade
CPPE Urges FG to Boost Agriculture, Manufacturing and Trade to Turn Growth Into Jobs
The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government to urgently step up interventions in agriculture, manufacturing, construction, real estate, and trade in order …
- BusinessEconomyEnergyInternational RelationsINVESTMENTTrade
Nigeria to Showcase Investment Opportunities at Türkiye-Africa Business and Economic Forum 2025
Nigeria will take a central role at the Türkiye-Africa Business and Economic Forum (TABEF) 2025 as the Chairman of the Nigeria-Türkiye Business Council (NTBC), Mr. Dele Oye, leads the country’s …
Nigerian businessman, Femi Otedola, has strongly denied claims linking him to the controversial fuel subsidy fraud investigated under former President Goodluck Jonathan’s administration. He described the allegations made by Umar …
- BusinessEconomyEnergyLabourNewsNigeriaOil & Gas
Dangote Refinery Sacks Workers Amid Gasoline Unit Shutdown
Nigeria’s Dangote Oil Refinery has laid off some of its workers, raising concerns about stability at Africa’s largest private refinery project. A copy of a letter from the company, sighted …
- BusinessCorporate NewsDigital TransformationMedia & CommunicationsPublic ServicesTechnology
Radarr Africa Launches Radarr Digital: A New Dawn for Media Communication
Radarr Africa has announced the launch of Radarr Digital, a new media platform designed to make press release publishing and sponsored news distribution easier and more accessible for businesses, organisations, …