Nigeria, South Africa to exit dirty-money list October
Nigeria and South Africa may be removed from the Financial Action Task Force grey list as soon as next month, a move…
Business
Nigeria’s Pension assets rise to ₦25.9tn amid market volatility
Nigeria’s pension fund industry recorded a modest gain in August 2025, as fund managers cautiously rebalanced portfolios in response to mixed market…
US faces brain drain as 154,000 federal workers exit payroll
More than 150,000 United States federal employees are set to depart the U.S. government payroll this week after taking buyout offers, the…
Nigeria, US explore stronger collaboration on consumer protection
The Federal Competition and Consumer Protection Commission has engaged the United States Embassy in Abuja in discussions aimed at strengthening consumer protection…
FGN targets N200bn from September bond auction
The Debt Management Office has announced the Federal Government’s N200bn bond issuance for subscription at its September 2025 auction. The offer, which…
Nigeria-China trade surges by 34.7% to $15.48bn
Trade between Nigeria and China surged by 34.7 per cent to $15.48 billion in the first seven months of 2025 compared to…
AstraZeneca to list ordinary shares directly on NYSE market
AstraZeneca, the Anglo-Swedish pharmaceutical company has announced plans to list its ordinary shares directly on the New York Stock Exchange. This move…
TotalEnergies sells 50% of North American solar asset to KKR
TotalEnergies announced on Monday that it will sell a 50 per cent stake in its North American solar portfolio to global investment…
NUPENG disowns ‘PTD Elders’ group, demands arrest
The Nigeria Union of Petroleum and Natural Gas Workers has disassociated itself from a group calling itself the Elders of its Petroleum…
PenCom tightens capital rules for pension fund operators
The National Pension Commission has raised the minimum capital requirements for Pension Fund Administrators and Pension Fund Custodians to N20 billion and…
Naira holds below N1,500/$ for 10 consecutive days
The naira strengthened, remaining below the N1,500/$ mark for 10 straight trading sessions at the official market, according to data from the…
SEC raises alarm over rising wave of AI-driven scams
The Securities and Exchange Commission has warned of a surge in Artificial Intelligence driven scams. The regulator noted that fraudsters are using…