Business

PenCom unveils guidelines for foreign currency pension contributions

The National Pension Commission (PenCom) has issued new guidelines on foreign currency (FCY) pension contributions, introducing fresh reforms under its…

6 months ago

CBN: 14 banks fully met N500bn, N200bn, N50bn capital base requirements

The Central Bank of Nigeria (CBN) has confirmed that 14 banks have fully complied with its new minimum capital requirements…

6 months ago

NUPENG, PENGASSAN reject FG’s plan to sell JV assets

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of…

6 months ago

Stock market investors lose N326bn

The Nigerian stock market closed on a negative note on Tuesday, September 23, 2025, as the market capitalisation dropped by…

6 months ago

GTCO generates N600.9bn profit in six months, assets hit N16.7trn

Guaranty Trust Holding Company Plc (GTCO) has announced a profit before tax of ₦600.9 billion for the half-year ended June…

6 months ago

Nigeria’s compulsory Tax ID may clash with financial inclusion drive

Nigeria’s plan to make Tax Identification Numbers (TINs) mandatory for all taxable persons by January 2026 is being promoted as…

6 months ago

Textile imports hit N566bn in H1 2025 as local industries struggle

Nigeria spent N565.96 billion on textiles and textile articles in the first half of 2025, according to new data from…

6 months ago

Nigeria’s GDP grew by 4.23% in Q2 2025 — NBS

The National Bureau of Statistics (NBS) has announced that Nigeria’s Gross Domestic Product (GDP) grew by 4.23 per cent in…

6 months ago

Stock market investors lose N220bn

The Nigerian stock market dipped further and extended losses by N220 billion on Monday, September 22, 2025. The market capitalisation…

6 months ago

NBS: Nigeria’s GDP rose by 4.23% in Q2 2025

The National Bureau of Statistics (NBS) says Nigeria’s Gross Domestic Product (GDP) rate in real terms grew by 4.23 per…

6 months ago

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