Month: July 2025

Ahead of the 310 meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to be held today and tomorrow (July 21–22, 2025), analysts anticipate a pause in monetary policy tightening, citing signs of macroeconomic stability and easing inflationary pressures. Following months of aggressive rate hikes to combat spiralling inflation and […]

Despite a three-month streak of moderating inflation, economic analysts are cautioning that a resurgence in price growth may be on the horizon. An analysis of the data released last week by the National Bureau of Statistics (NBS) shows the consumer price index for June , which measures the rate at which prices of goods and […]

The Pension Fund Operators Association of Nigeria (PenOp) recently held a Knowledge Sharing Session (KSS) focused on cancer awareness for young professionals as part of its continuous efforts to promote knowledge sharing and overall well-being within the industry. The two-hour session was aimed at sensitising participants to the risks associated with cervical and prostate cancers, […]

The newly launched joint venture between Sanlam and Allianz in Nigeria, SanlamAllianz has supported empowerment of insurance professionals and brokers by hosting the first edition of the 2025 NCRIB Empowerment Series. The Series is a flagship initiative designed to empower insurance professionals and drive industry growth. The event, which took place at the Insurance Brokers […]

Any Pension Fund Administrators (PFA) who convinces or induces Retirement Savings Account (RSA) holders or employees to transfer his or her account from one PFA to another will have such erring entities barred from the pension industry transfer window, says the National Pension Commission (PenCom). In a circular titled: PenCom/INSP/SURV/Aut/2025/1013; dated 16 June 2025 and […]

As the National Pension Commission ( PenCom) considers the reintroduction of gratuity payments for civil servants under the Contributory Pension Scheme (CPS), a stakeholder has highlighted the need for robust legal backing to ensure the success and sustainability of this initiative. The chairman/CEO, Achor Actuarial Services Limited, Dr. Pius Apere, while lauding the PenCom for […]

The Enugu State Electricity Regulatory Commission (EERC), has issued a new tariff to MainPower Electricity Distribution Limited, the utility that succeeded Enugu Electricity Distribution Company, (EEDC), for electricity distribution in the state, reviewing electricity cost for Band A from N209/ kWh (per kiloWatt) to N160 kWh, effective from August 1, 2025. This was contained in […]

Zenith Bank Plc has been named Nigeria’s Best Bank at the Euromoney Awards for Excellence 2025, emerging as Nigeria’s standout performer, attesting to its commitment to delivering exceptional banking services, innovative products and superior value to its customers and shareholders. Recognized for its outstanding financial performance, innovative strategies, and commitment to digital transformation and sustainability, […]

Air Peace, on Sunday, announces the official launch of its direct international flight services from Abuja to both London Heathrow and London Gatwick Airports, from October 26, 2025. According to the airline, the expansion marks a significant milestone in Air Peace’s ongoing commitment to providing world-class connectivity and superior service between Nigeria and the United […]

Capital market operators have called for thorough due diligence following the acquisition of a N323 billion stake in First Holdco Plc by RC Investment Management Limited, amid ongoing speculation about the true ownership and intentions behind the deal. The transaction involved RC Investment purchasing approximately 25 per cent of First Holdco’s shares from sellers including […]