Author Archives: Supernews
PenCom Increases NSITF Pensions by 1,173%, Pays ₦8.70bn Arrears to 2,116 Retirees
BY NGOZI ONYEAKUSI DG, PenCom The National Pension Commission (PenCom) has approved an upward review of pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund (NSITF), increasing their…
Shell Eyes $20b Investment In Nigeria, Expands Gas Supply To NLNG
BY NGOZI ONYEAKUSI Shell has announced plans to invest up to $20 billion in Nigeria while expanding gas supply to the Nigeria Liquefied Natural Gas (NLNG). The Chief Executive Officer…
NMDPRA Assures Decline In Prices Petrol, Diesel, LPG
BY NGOZI ONYEAKUSI The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured that the prices of petrol, diesel, and Liquefied Petroleum Gas (LPG) will continue to decline nationwide,…
Private sector leads as pension contributions hit N1.318tn
Total pension contributions reached in the first three quarters of 2025, according to data from the National Pension Commission, driven primarily by stronger inflows from the private sector. An analysis…
DisCos reject FG’s free meter plan
Power distribution companies have expressed doubt over the directive by the Minister of Power, Adebayo Adelabu, that prepaid meters must be free for all categories of customers. Operators, who spoke…
NDIC, EFCC Partner To Enhance Asset Recovery, Prosecution Of Bank Failure Offences
BY NGOZI ONYEAKUSI Nigeria Deposit Insurance Corporation (NDIC) Mr. Thompson Oludare Sunday receives a commemorative plaque from the Chairman of the Economic & Finance Crimes Commission (EFCC) Mr. Olanipekun Olukoyede…
Unitrust Insurance Pays Courtesy Visit to NCRIB, Reaffirms Industry Partnership and Growth Trajectory
L-R: Mr. Dele Oyetunji, Chief Marketing Officer, Unitrust Insurance Co. Ltd: Mr. Rotimi Adewole Vice President; NCRIB, Mrs. Olufunke Adenusi mni; Deputy President, Mrs. Ekeoma Ezeibe, President NCRIB; Mr. Adedayo…
Seplat Energy Appoints Tony Elumelu Non-Executive Director
BY NGOZI ONYEAKUSI *Elumelu …As Olivier Cleret De Langavant Resigns Following the Company’s prior announcement regarding the sale of Etablissements Maurel et Prom SA shareholding in Seplat to a combination of…
Ardova Achieves ISO 27001 Certification, Reinforcing Commitment to Information Security
L-R: Moshood Olajide, MD Ardova Plc, receiving the ISO 27001 Certificate from Olaolu Omifare, Chairman, Cyberstage Systems Ltd, on Monday, 19th January 2026 at AP Headquarters, Lagos. Ardova Plc, one…
Sugar tax harmful to manufacturing sector -CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over renewed calls for additional taxes on sugar-sweetened non-alcoholic beverages (SSBs) in Nigeria, warning that…
