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PenCom unveils automated pension remittance platform

Nigeria, March 28 -- The National Pension Commission (PenCom), on Thursday, launched a new digital platform aimed at automating pension contribution remittances and addressing persistent gaps in the c... Read More


Fidelity Bank flags suspicious remittance, denies bribery allegation

Nigeria, March 28 -- Fidelity Bank Plc has dismissed allegations that one of its staff demanded a bribe to release funds sent to a customer via international money transfer, saying the transaction rai... Read More


Fidelity Bank flags suspicious remittance, denies bribery claim allegation

Nigeria, March 28 -- Fidelity Bank Plc has dismissed allegations that one of its staff demanded a bribe to release funds sent to a customer via international money transfer, saying the transaction rai... Read More


IMF appoints Tony Elumelu to global advisory council

Nigeria, March 28 -- The International Monetary Fund (IMF) has appointed Nigerian entrepreneur and philanthropist Tony Elumelu to its newly established Advisory Council on Entrepreneurship and Growth.... Read More


Nigeria halts implementation of controversial regulation on businesses

Nigeria, March 27 -- The federal government has announced a temporary pause in the implementation of a contentious regulatory framework introduced by the Financial Reporting Council of Nigeria (FRCN).... Read More


Only 11 states comply with pension reform - PenCom

Nigeria, March 27 -- The National Pension Commission (PenCom) on Wednesday disclosed that only 11 states across Nigeria have fully implemented the Contributory Pension Scheme (CPS), warning that conti... Read More


Trade ministry convenes emergency meeting over contentious FRCN levy

Nigeria, March 25 -- The federal government will, on Wednesday, hold an emergency meeting with experts in the private sector in an attempt to quell growing discontent over a controversial levy imposed... Read More


Nigeria Customs seizes $193,000 hidden in yoghurt carton

Nigeria, March 22 -- The Nigeria Customs Service (NCS) has intercepted $193,000 in undeclared foreign currency concealed in a yoghurt carton at the Nnamdi Azikiwe International Airport in Abuja. Acco... Read More


Nigeria Customs earmarks 4% of wage bill to fund CSR initiative

Nigeria, March 20 -- The Nigeria Customs Service (NCS) has launched a corporate social responsibility (CSR) initiative dubbed 'Customs Cares', pledging long-term support for education, healthcare, env... Read More


MOFI secures N250 billion to tackle Nigeria's housing finance gap

Nigeria, March 20 -- The Ministry of Finance Incorporated Real Estate Investment Fund (MREIF) has raised N250 billion in a pilot fundraising round, attracting strong private sector participation in a ... Read More