Pension remittance defaulters to be blacklisted from Nov. 30 – PenCom
June 19, 2025 The National Pension Commission (PenCom) has warned that organisations failing to comply with pension remittance obligations will be blacklisted starting November 10. The Director-General of PenCom, Ms…
Nigerian company to make HIV, malaria test kits after US funding cut
June 19, 2025 Nigerian manufacturer Codix Bio Ltd plans to make millions of HIV and Malaria test kits at its new plant outside Lagos for the local and regional market…
Senate queries ‘unexplained’ N200trn NNPCL receivables in 6 years
The Senate Committee on Public Accounts has raised the alarm over discrepancies amounting to trillions of naira in the audited financial statements of the Nigerian National Petroleum Company Limited (NNPCL)….
Fidelity Bank to exit CBN forbearance by June 30, 2025
Fidelity Bank Plc has reaffirmed its financial resilience in light of the Central Bank of Nigeria’s (CBN) recent regulatory forbearance measures concerning Single Obligor Limits (SOL) and other credit…
NUPRC issues new guidelines for advanced cargo declaration
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the release of new guidelines for the advanced cargo declaration regime to enhance transparency, accountability and efficiency in Nigeria’s crude oil…
Nigerians rush to take advantage of Konga Health’s record-breaking beauty discounts
Konga Health, a strategic business under Konga.com has triggered an unprecedented shopping frenzy across Nigeria, with thousands of customers rushing to take advantage of the historic 50% discounts on premium…
OPEC expects solid second-half of 2025 for world economy, trims 2026 supply
June 16, 2025 OPEC said on Monday it expected the global economy to remain resilient in the second half of this year and trimmed its forecast for growth in oil…
Job loss, business shutdown loom as Dangote adopts forward integration strategy – PETROAN
June 16, 2025 The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised concerns on Dangote Refinery’s forward integration strategy on fuel distribution. The association cautioned that it…
TD Africa, HP reignite strategic partnership to drive Africa’s tech future
TD Africa, Sub-Saharan Africa’s foremost technology distributor, took a bold step toward strengthening almost three decades of collaboration by hosting a high-level strategic meeting with HP Inc. at an exclusive…
EFCC gives details of alleged $12m fraud case against Sun Trust Bank MD, ED
The Economic and Financial Crimes Commission, EFCC, has stated it case against Halima Buba, the managing director and Innocent Mbagwu, an executive director of Sun Trust Bank. Sun Trust Bank…