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Yobe Gov reaffirm commitment to implement Contributory Pension Scheme, meets PenCom DG

Governor Mai Mala Buni of Yobe State has reaffirmed his administration’s commitment to implement the Contributory Pension Scheme (CPS) in Yobe State. Governor Buni stated this during a meeting with the Director General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran in Abuja. The meeting which[Read More…]

March 10, 2025 by Eberechi Constance Comments are Disabled

Business

Tinubu lays foundation of FirstBank Iconic headquarters building

President Bola Tinubu has laid the foundation of the iconic 40-storey eco-friendly headquarters of the FirstBank Group in Eko Atlantic City. Tinubu, who was represented by Vice President Kashim Shettima, on Wednesday, laid the foundation at the groundbreaking ceremony for the eco-friendly headquarters of the company, which[Read More…]

March 9, 2025 by Eberechi Constance Comments are Disabled

Business

Zenith Bank secures Regulatory Approval for N350b from Hybrid Offer

Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer. In a statement released to the Nigerian Exchange (NGX) Group on Sunday, January 26, 2025, the Bank announced that it has secured the full regulatory approval of[Read More…]

January 27, 2025 by Eberechi Constance Comments are Disabled

Business

FirstBank’s FirstGem: Redefining Women’s Empowerment in Nigeria

The story of women’s contribution to Nigeria’s economy is as old as the nation itself. It is no secret that women are the largest untapped source of national wealth worldwide. All over the world, women hold their place of pride in commercial enterprise. The Nigerian businesswoman have for[Read More…]

January 24, 2025 by Eberechi Constance Comments are Disabled

Business

PenCom releases N22bn for retirees

The National Pension Commission (PenCom) has announced the release of an additional N22 billion by the Office of the Accountant General of the Federation (OAGF) as part of the 2024 Appropriation for the period July to September. These funds, according a statement by the Commission, have been[Read More…]

January 22, 2025 by Eberechi Constance Comments are Disabled

Business

NCC approves tariff hike for telecom operators

The Nigerian Communications Commission (NCC) on Monday approved tariff adjustment, setting a 50% ceiling on tariff increases for telecom operators. Mr Reuben Muoka, Director of Public Affairs, NCC, announced the tariff increase approval to newsmen, as requested by the telecom operators. Muoka said: “Pursuant to its power under Section[Read More…]

January 21, 2025 by Eberechi Constance Comments are Disabled

Business

Dangote Cement, FBNHoldings, others Lift Equity Market by N53bn

The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty Trust Holding Company, GTCO, and Fidelity Bank, alongside other advancing equities, contributed to the market’s positive performance. The market capitalisation increased by N53[Read More…]

January 20, 2025 by Eberechi Constance Comments are Disabled

Business

Ecobank Partners with CreditCorp to Offer Affordable Financing to Customers

Ecobank Nigeria has partnered with the Nigerian Consumer Credit Corporation (CrediCorp) to offer affordable and flexible loans to customers. These loans can be used to finance a variety of needs, including paying school fees, rent, maintenance costs, medical bills, car purchase & repairs, asset purchase, and more. [Read More…]

January 18, 2025 by Eberechi Constance Comments are Disabled

Business

NERC transfers full regulatory oversight to 4 states

The Nigerian Electricity Regulatory Commission (NERC) has transferred full regulatory oversight function to four states in the country. The commission, which made this known via its official X handle on Tuesday, listed the four states as Enugu, Ekiti, Ondo, and Imo. It said the states were now fully responsible[Read More…]

January 14, 2025 by Eberechi Constance Comments are Disabled

Business

Expanding Footprint- Nigeria’s FirstBank sets sights on Ethiopia, Angola, Cameroon

Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria Limited is gearing up for its next growth phase as financial systems across the continent open up to new opportunities. More than a decade after an acquisition spree that boosted its footprint in sub-Saharan[Read More…]

January 10, 2025 by Eberechi Constance Comments are Disabled

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