PENCOM TO INCREASE EMPLOYERS’ PENSION IN ONGOING PRA REVIEW
HOTJIST NEWS Omolola Oloworaran, the director-general of the National Pension Commission (PenCom), said the agency is looking to raise the rate at which employers contribute...
OTEDOLA’S FIRST HOLDCO STAKE HITS 21.96% AFTER FRESH ACQUISITION
By: Fasasi Hammad Billionaire businessman and Chairman of First HoldCo Plc, Femi Otedola, has increased his stake in the company to 21.96 per cent after...
CBN RETAINS INTEREST RATE AT 26.5% AMID GLOBAL UNCERTAINTIES
By; Aina Daniel The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 per...
LAGOS GOVT TRAINS ACCELERATOR ORGANISATIONS TO DRIVE SINGLE-DIGIT LOANS FOR MSMEs (PHOTOS)
Agency report The Lagos State Government, through the Ministry of Commerce, Cooperatives, Trade, and Investment, has commenced a three-day training workshop for accelerator organisations under...
EDO GRANTS 7MW MINI-GRID LICENCE TO INDIGENOUS POWER FIRM
By; Aina Daniel The Edo State Government has granted a 7-megawatt (MW) mini-grid electricity licence to indigenous energy company, IZENERGY Limited, in a move aimed...
FUEL, DIESEL COULD BE SOLD IN US DOLLARS, MARKETERS WARN NIGERIANS
By:Tajudeen Aminat Petroleum products marketers have warned that Nigerians could soon begin paying for petrol, diesel and other refined petroleum products in United States dollars...
NCC DATA SHOWS MOBILE SUBSCRIPTIONS REACH 188 MILLION, BROADBAND HITS 120.68 MILLION
Agency Report Latest telecommunications industry data shows Nigeria’s active mobile subscriptions rose to 188.01 million in April, with Globacom accounting for 23.18 million active users....
YOBE APPROVES N460.8M EMPOWERMENT PACKAGE FOR AKARA SELLERS, WOMEN ENTREPRENEURS
By; Sunmola Ganiyat The Yobe State Government has approved N460.83 million to empower female small-scale business owners, including akara sellers, through the distribution of essential...
CAC TO DELIST 100,000 COMPANIES OVER FAILURE TO FILE ANNUAL RETURS
By; Sunmola Ganiyat The Corporate Affairs Commission (CAC) has begun the process of removing 100,000 companies from its register for failing to file their outstanding...
NAIRA HOLDS STEADY AT OFFICIAL MARKET AS DOLLAR TRADES AT N1,410 ON PARALLEL MARKET
By Aishat Momoh. O. The Nigerian naira maintained relative stability against the United States dollar at the official Nigerian Foreign Exchange Market (NFEM) on Tuesday,...