Browsing Tag
Finance
121 posts
PenCom Rejects Police Exit from Pension Scheme, Prioritizes Enhanced Benefits
PenCom Director-General Omolola Oloworaran confirms the police remain part of the Contributory Pension Scheme, pledging to negotiate improved benefits for officers while bolstering the safety and growth of pension investments.
Nigerian Equities Market Recovers with N720 Billion Gain
The Nigerian stock exchange saw a robust recovery on Tuesday, adding N720 billion in value as investors showed renewed interest across major sectors.
Navigating the complexities of end-of-term teacher gifts
Parents are finding it increasingly difficult to navigate the costs and social expectations surrounding end-of-year teacher gifts, prompting calls for more transparent and modest practices.
Nigerian Equities Market Recovers with N9.3 Trillion Gain
The Nigerian stock market bounced back last week, adding N9.3 trillion to investor value as shares in major companies like Dangote Cement and Airtel Africa surged.
Nigerian Banks Reduce Sectoral Lending by N5.4 Trillion
Deposit money banks in Nigeria cut lending to eight major sectors by N5.45 trillion in 2025, largely due to the Central Bank of Nigeria ending its regulatory forbearance policy.
SK Hynix Secures $26.5 Billion in Historic US Share Listing
South Korean chip manufacturer SK Hynix has completed a record-breaking $26.5bn US share listing, reflecting intense investor interest in the firm's role within the global artificial intelligence supply chain.
Cross River Farmers Criticize Bank of Agriculture Over Inaccessible Funding and Neglect
Farmers in Cross River State claim that the Bank of Agriculture is failing to support genuine producers, citing impossible application processes and a lack of government intervention.
Anambra Cooperative Federation Urges Creation of Development Fund
COFAS is advocating for a state-backed Cooperative Development Fund and a new three-year strategic plan to modernize operations, increase financial access, and overcome governance challenges for Anambra's cooperative societies.
NAICOM Urges Nigerian Insurers Association to Restore Public Confidence
NAICOM Commissioner Olusegun Ayo Omosehin has tasked the new NIA leadership with restoring public trust and expanding insurance penetration following recent legislative and capital reforms.
House of Representatives demands stricter oversight of financial channels to combat ransom payments
The House of Representatives has urged the government to tighten regulations on BDC and POS operators to cripple the financial networks funding kidnapping and terrorism in Nigeria.