The Manufacturers Association of Nigeria (MAN) has cautioned the Federal Government against the planned introduction of a Tax Stamp System on excisable products, warning that the policy would worsen inflation, …
Regulation
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BusinessEconomyGovernment PolicyInflationManufacturingRegulationTrade
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BusinessEnergyGhana EconomyInfrastructurePublic UtilitiesRegulation
ECG Seeks Tariff Adjustment After $408m Investment in Ghana’s Power Supply
The Electricity Company of Ghana (ECG) says it has invested more than $408 million in the last three years to strengthen electricity supply and improve customer service, and is now …
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EconomyFinanceGovernanceLabourPensionRegulation
PenCom Bans Cross-Shareholding in Pension Firms, Moves to Protect Contributors’ Funds
The National Pension Commission (PenCom) has released new guidelines banning significant cross-shareholding among Pension Fund Operators (PFOs). The move, which became effective immediately on Friday, is aimed at promoting transparency, …
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BusinessEconomyFinanceInsurancePoliciesRegulation
Experts Say NIIRA 2025 Will Boost Insurance Sector’s GDP Contribution
Industry experts have projected that the Nigerian Insurance Industry Reform Act 2025 (NIIRA) will boost the insurance sector’s contribution to the Gross Domestic Product and restore confidence in the industry. …
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AviationBusinessConsumer RightsInternational RelationsKenyaLawNigeriaRegulationTransportation
Kenya Airways Pays NCAA Sanction Fee After Gloria Omisore Passenger
Kenya Airways has finally complied with the directive of the Nigerian Civil Aviation Authority (NCAA) by paying the sanction fee imposed on it after a long-running dispute over consumer rights …
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BusinessDigital TransformationInfrastructureRegulationTechnologyTelecommunications
MTN Nigeria Secures NCC Approval to Lease Spectrum from T2 Mobile
MTN Nigeria Communications Plc has received approval from the Nigerian Communications Commission (NCC) to lease frequency spectrum from T2 Mobile Limited, formerly known as 9Mobile, as part of its plan …
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BusinessEconomyFinance & ServicesInsurancePensionRegulation
Rex Insurance Chairman Urges Stronger Frameworks for Insurance and Pension Sectors
The Chairman of Rex Insurance Limited, Mr. Ike Chioke, has called for stronger frameworks in Nigeria’s insurance and pension industries to drive economic growth and deepen financial inclusion. Chioke, who …
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BusinessEconomyFinancePoliticsRegulationTechnology
Fintech Association of Nigeria Moves to Strengthen Collaboration with Regulators and Lawmakers
The Fintech Association of Nigeria, known as FintechNGR, has stepped up its efforts to build stronger ties with regulators and lawmakers in order to grow the country’s financial technology sector. …
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Capital MarketEconomyFinanceNigeriaRegulationSustainability
SEC to Adopt Global Sustainability Disclosure Standards for Nigerian Market
The Securities and Exchange Commission (SEC) has announced plans to adopt the global sustainability disclosure standards developed by the International Organisation of Securities Commissions (IOSCO). The move is expected to …
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BusinessEconomyGovernanceOil & GasRegulationSafety
NUPRC Revokes Oritsemeyin Rig Licence Over Safety Breach
An oil and gas industry consultant, Dr. Maurice Ibe, has said the revocation of the operating licence of the Oritsemeyin Rig is a clear warning to upstream operators in Nigeria …