Proposed pension contribution increase will affect only employers – PenCom
The Director-General of the National Pension Commission, Omolola Oloworaran, has clarified that the proposed increase in pension contribution rates under the ongoing…
Business
ICPC recovers N942m from ghost workers across federal agencies
The Independent Corrupt Practices and Other Related Offences Commission has uncovered 908 suspected ghost workers across at least 50 federal ministries, departments…
Oil prices surge nearly 4% as Strait of Hormuz dispute deepens
Oil prices rose nearly 4 per cent on Wednesday morning after the United States launched its 11th consecutive round of overnight strikes…
MREIF posts ₦14.49bn profit before tax in H1 2026
MOFI Real Estate Investment Fund reported profit before tax of N14.49 billion for the six months ended June 30, 2026, supported by…
First HoldCo stock crosses ₦5trn market cap mark
Shares of First HoldCo Plc pushed above the N5 trillion market capitalization mark during midday trading on Wednesday, July 22, 2026, as…
PenCom plans dedicated revenue streams for state pension bureaus
The National Pension Commission has unveiled plans to create dedicated revenue streams for state pension bureaus as part of efforts to strengthen…
NRS urges businesses to adapt as phased e-invoicing implementation begins
Businesses will need to upgrade their tax and accounting systems as Nigeria transitions to a digital tax administration regime driven by electronic…
Lagos seeks Assembly’s approval for N200bn infrastructure bond
The Lagos State Government has sought the approval of the State House of Assembly to raise a N200 billion bond to finance…
FG unveils N729bn bond to clear power sector debts
The Federal Government has launched a N729 billion bond under the second series of its Presidential Power Sector Debt Reduction Programme to…
Zuckerberg overtakes Michael Dell as World’s fifth-richest person
Meta CEO Mark Zuckerberg has become the world’s fifth-richest person after overtaking Dell Technologies CEO Michael Dell, according to Forbes’ real-time billionaire…
GM revives gas-powered Cadillac lineup amid EV pullback
General Motors will begin launching new gas-powered Cadillac models next spring as the automaker continues to scale back its focus on all-electric…
Rep member faces petition over alleged unpaid travel bills
A member of the House of Representatives representing Obudu/Bekwarra/Obanliku Federal Constituency of Cross River State, Peter Akpanke, has been petitioned over an…