PenCom removes approval requirement for PFA advertisements
The National Pension Commission has scrapped the requirement for Pension Fund Administrators to seek prior written approval before publishing advertisements and marketing…
Business
DMO announces N600bn FGN bond auction for May
The Debt Management Office has announced, on behalf of the Federal Government, a new N600 billion Federal Government of Nigeria bond auction…
DBN, AfDB seal $61m deal to boost credit access for women-led MSMEs
The Development Bank of Nigeria has entered into a partnership with the African Development Bank Group on a $61 million financing package…
World Bank warns rising oil prices could worsen food insecurity
The World Bank has cautioned that a sustained rise in oil prices driven by escalating tensions in the Middle East could deepen…
eBay rejects GameStop acquisition bid, cites lack of credibility
The board of eBay has turned down US video game retailer GameStop’s surprise $55.5bn (£41bn) bid for the online marketplace, calling the…
FCCPC calls for stronger safeguards for electricity consumers in Lagos
The Federal Competition and Consumer Protection Commission has urged stronger safeguards for electricity consumers in Lagos amid ongoing supply challenges. This was…
US colleges see 20% drop in foreign students amid visa clampdown
A new study by a coalition of education groups shows that enrolment of new international undergraduate students at US colleges fell by…
Transcorp declares ₦20.3bn dividend to shareholders
Transnational Corporation Plc, Transcorp Group, has declared a total dividend of N20.3 billion, representing N2 per share to its shareholders, at its…
General Motors to cut hundreds of IT jobs in cost-saving restructuring push
General Motors is set to lay off hundreds of salaried employees within its information technology division as part of efforts to reduce…
NNPC, NUPRC remit over N322bn, $116.9m into federation account
The Nigerian National Petroleum Company Limited and the Nigerian Upstream Petroleum Regulatory Commission remitted more than N322 billion and $116.9 million into…
NISO raises alarm over massive power theft on Lagos-Ogun transmission line
The Nigerian Independent System Operator has sounded the alarm over what it called widespread electricity theft along the Ikorodu–Sagamu transmission corridor in…
NJI, NDIC move to boost judicial capacity in financial sector disputes
The National Judicial Institute and the Nigeria Deposit Insurance Corporation on Monday held a sensitisation seminar for Justices of the Court of…