Tag: Business
PenCom to Remodel Micro Pension Scheme to Boost Participation
The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has announced plans to remodel the micro pension scheme to enhance participation among individuals...
NERC Transfers Regulatory Oversight of Lagos Electricity Market to State Commission
The Nigerian Electricity Regulatory Commission (NERC) has announced the transfer of regulatory oversight of the electricity market in Lagos State to the newly established...
NACCIMA and BOI Partner to Boost MSMEs with N75 Billion Fund
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) and the Bank of Industry (BOI) have entered into a strategic partnership...
John Legend to Headline Move Afrika 2025 in Nigeria and Rwanda
Global Citizen, the international advocacy organization, has announced that multiplatinum artist and producer John Legend will headline the next edition of Move Afrika, the...
CBA Foundation Highlights Impact, Urges Government Support for Widows
The Chinwe Bode-Akinwande Foundation, a non-governmental organization dedicated to empowering widows and disadvantaged children, revealed that 70% of its proceeds are directed towards setting...
Foreign Tech Giants Contribute N3.85 Trillion to Nigerian Tax Revenue in...
Foreign technology companies operating in Nigeria, including giants like Google, Netflix, and Facebook, contributed a significant N3.85 trillion in taxes to the Federal Government...
Dr. Jane Kimemia Honored with U.S. President’s Lifetime Achievement Award
Dr. Jane Kimemia, Chief Executive Officer of Optiva Capital Partners, has been bestowed with the prestigious U.S. President's Lifetime Achievement Award in recognition of...
NNPC Highlights Key Achievements, Including $1 Billion Loan to Support Dangote...
The Nigerian National Petroleum Company Limited (NNPC) has highlighted its key achievements, including securing a $1 billion loan backed by crude oil to support...
Inflation in Nigeria Surges to 34.6% in November, Fueling Economic Concerns...
Nigeria experienced a significant surge in inflation in November 2024, with the headline inflation rate reaching 34.60%, a 0.72 percentage point increase from October....
Cash Crunch Cripples Businesses, CBN Fines Banks for Illicit Naira Flows
The ongoing cash scarcity in Nigeria is severely impacting businesses, particularly Micro, Small, and Medium Enterprises (MSMEs), according to the Organized Private Sector (OPS)....
