Nigeria’s electricity metering programme recorded a marginal improvement in August 2025, as the national metering rate increased from 54.71 per cent in July to 55.01 per cent, according to the …
Regulation
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EconomyGOVERNMENTInfrastructurePower & Energy,Regulation
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BankingBusinessEconomyFinanceINVESTMENTRegulation
Standard Chartered Meets CBN’s N200bn Capital Requirement Ahead of 2026 Deadline
Standard Chartered Bank Nigeria Limited has announced that it has successfully met the Central Bank of Nigeria’s (CBN) new minimum capital requirement of ₦200 billion for national commercial banks, well …
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EconomyIndustrial DevelopmentInfrastructureMaritimeRegulationTransport
NIMASA Accredits 27 Shipyards to Strengthen Maritime Safety and Boost Investor Confidence
The Nigerian Maritime Administration and Safety Agency (NIMASA) has approved and accredited 27 registered shipyards across the country, marking a key step in its efforts to raise safety and operational …
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EconomyFinanceINVESTMENTRegulation
Non-Interest Pension Fund Records Highest Growth, Surges 157% in One Year
The Non-Interest Fund (Fund VI) under the multi-fund structure of Nigeria’s Contributory Pension Scheme has recorded the highest year-on-year growth rate as of August 2025, highlighting the rising popularity of …
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BusinessCapital MarketCryptocurrencyEconomyFinanceRegulation
SEC Raises Alarm Over Nigerians’ Shift to Cryptocurrency
The Securities and Exchange Commission (SEC) has expressed growing concern over the rising preference of Nigerians for cryptocurrency trading instead of investing in the country’s traditional capital market. The Director-General …
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Corporate AffairsEconomyFinanceInsuranceRegulation
Lasaco Assurance Raises N11.1bn Fresh Capital Ahead of Recapitalisation Deadline
Lasaco Assurance Plc has announced that it successfully raised about N11.1bn in fresh capital through a private placement, as part of efforts to meet the 2026 recapitalisation deadline set by …
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AviationBusinessEconomyEnergyInfrastructureRegulation
Ex-FAAN Boss Warns Against Emerging Monopoly in Nigeria’s Aviation Fuel Market
The former Managing Director of the Federal Airports Authority of Nigeria (FAAN), Dr. Richard Aisuebeogun, has raised alarm over the growing risk of monopoly in Nigeria’s aviation fuel market, warning …
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Consumer ProtectionDigital EconomyEconomyFintechRegulationTelecommunications
Coalition Urges Telecom Firms to Comply with FCCPC’s Digital Lending Regulations
The Coalition for Economic Fairness (CEF), a network of civil society organisations, has called on telecommunications companies and their foreign partners to fully comply with the Federal Competition and Consumer …
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EconomyGovernanceHealthInsuranceLawRegulationTransport
NAICOM, FRSC, NHIA Partner to Enforce Motor Insurance and Road Safety Under New NIIRA 2025
The National Insurance Commission (NAICOM), the Federal Road Safety Corps (FRSC), and the National Health Insurance Authority (NHIA) have entered into a strategic partnership to enforce compulsory motor insurance and …
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EconomyEnergyGOVERNMENTINVESTMENTOil & GasRegulation
Lokpobiri Commends NUPRC Chief for Transforming Nigeria’s Upstream Oil Sector
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has praised the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, for what he …