Archives for JUST IN
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,…
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…
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…
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…
Six New Internet Providers Obtain Operating Licence From NCC
BY NGOZI ONYEAKUSI The Nigerian Communications Commission (NCC) has approved six new Internet Service Providers (ISPs) to operate in the country from January 1, 2026. This development deepens competition in…
FCCPC Cracks Down On Defaulting Digital lenders
The Federal Competition and Consumer Protection Commission (FCCPC) has begun enforcing regulations against Digital Money Lending (DML) operators that failed to regularise their status under the Digital, Electronic, Online and…
Expert Calls For Asset Sales, Balance Sheet Reset To Tackle Nigeria’s Rising Debt’
Tilewa-Adebajo, CEO, CFG Advisory ...Firm Warns Budget Adjustments Not Enough To Address Debt Burden …Nigeria Risks Prolonged Period Of Fiscal Fragility, Missed Opportunities As Nigeria grapples with mounting…
