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Seplat Energy appoints two independent non-executive directors

Nigeria, Dec. 17 -- Seplat Energy Plc has appointed Saidu Aliyu Mohammed and Larry Ettah as independent non-executive directors, effective from 1 January 2026, as the company moves to strengthen its b... Read More


Cardoso tells investors Nigeria remains committed to macroeconomic stability

Nigeria, Dec. 17 -- The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has told international investors that Nigeria remains committed to macroeconomic stability, as the country pursu... Read More


PenCom disburses N577bn to 1.05 million RSAs as pension arrears ease

Nigeria, Dec. 17 -- The National Pension Commission (PenCom) on Tuesday said it has disbursed N577.26 billion to 1,053,000 Retirement Savings Accounts (RSAs), easing long-standing pension arrears unde... Read More


NDIC to commence payment to depositors in Aso, Union Homes Savings & Loans

Nigeria, Dec. 16 -- The Nigeria Deposit Insurance Corporation (NDIC) has announced the commencement of the liquidation process and payment of insured deposits to depositors at Aso Savings and Loans Pl... Read More


FAAC shares N1.93 trillion revenue as statutory, VAT receipts decline

Nigeria, Dec. 16 -- The federal, state and local governments shared a total of N1.928 trillion as Federation Account revenue for November 2025, according to the Office of the Accountant General of the... Read More


CBN revokes licences of two mortgage banks

Nigeria, Dec. 16 -- The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, citing violations of banking regulations an... Read More


Former NLC General Secretary Peter Ozo-Eson dies

Nigeria, Dec. 16 -- Peter Ozo-Eson, a former General Secretary of the Nigeria Labour Congress (NLC), has died. His son confirmed the death on Monday. The NLC had earlier announced his passing in a s... Read More


CPPE raises concerns about oil, revenue projections

Nigeria, Dec. 14 -- The Centre for the Promotion of Private Enterprise (CPPE) has cautioned the federal government against overconfidence in oil and revenue assumptions underpinning the 2026-2028 Medi... Read More


CBN targets wider agricultural lending as Cardoso unveils new ACGSF board

Nigeria, Dec. 10 -- The Central Bank of Nigeria (CBN) has inaugurated a new Board for the Agricultural Credit Guarantee Scheme Fund (ACGSF), with Governor Olayemi Cardoso outlining a broad agenda to m... Read More


CBN licences 82 BDCs, warns against unauthorised operators

Nigeria, Dec. 9 -- The Central Bank of Nigeria (CBN) granted final operating licences to 82 Bureaux de Change (BDCs) with effect from 27 November, as the regulator continued its overhaul of the retail... Read More