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PenCom recovers N12.5bn in penalties

Nigeria, Feb. 20 -- To uphold pension compliance standards, the National Pension Commission (PenCom) said it has so far recovered N12.5 billion in penalties from employers who failed to remit pension ... Read More


How to navigate Nigeria's economic hardship - Sterling Bank CEO

Nigeria, Feb. 19 -- Abubakar Suleiman, the managing director/chief executive officer of Sterling Bank, on Sunday, shared advice on how to thrive amidst Nigeria's economic hardship and cost of living c... Read More


Foreign Investment: Minister announces $30 billion commitment to Nigeria's economy

Nigeria, Feb. 17 -- The Minister of Industry, Trade, and Investment, Doris Uzoka-Anite, has disclosed that several international and domestic investors have pledged to inject over $30 billion into Nig... Read More


FX: CBN imposes 50% cap on IOCs repatriation

Nigeria, Feb. 16 -- In a bid to address liquidity concerns in the Nigerian foreign exchange market, the Central Bank of Nigeria on Wednesday announced measures targeting international oil companies en... Read More


CBN stops dollar payments for personal, business travel allowances

Nigeria, Feb. 16 -- The Central Bank of Nigeria on Wednesday announced that cash payment for Personal and Business Travel allowances (PTA/BTA) would no longer be allowed. The directive was conveyed i... Read More


IMF recommends monetary tightening to address Nigeria's economic challenges

Nigeria, Feb. 13 -- The International Monetary Fund has highlighted key recommendations to address Nigeria's economic challenges and related monetary policy concerns. In its latest 'Post Financing an... Read More


IMF urges Nigerian govt to phase out fuel, electricity subsidies

Nigeria, Feb. 13 -- The International Monetary Fund (IMF) has said that there is an urgent need for Nigeria to completely phase out costly fuel and electricity subsidies as part of measures to address... Read More


Access Holdings announces Herbert Wigwe's passing

Nigeria, Feb. 11 -- The Board of Directors of Access Holdings Plc on Sunday announced the passing of the company's founding Group Chief Executive Officer and former Group Managing Director of its flag... Read More


UPDATED: Herbert Wigwe, wife, son feared dead in helicopter crash

Nigeria, Feb. 11 -- The CEO of Access Holdings, Herbert Wigwe, his wife, and his son are believed to be among the six passengers in a helicopter that crashed in the US early Saturday Nigerian time (la... Read More


JUST IN: Herbert Wigwe, wife, son feared dead in helicopter crash

Nigeria, Feb. 11 -- The CEO of Access Holdings, Herbert Wigwe, his wife and his son are believed to be among the six passengers in a helicopter that crashed in the US early Saturday Nigerian time (lat... Read More