By Leah Katung-Babatunde The Contributory Pension Scheme (CPS) has recorded 10.53 million registered contributors and boasts of pension fund assets of N21.92 trillion as of October 2024; it is targeted to exceed N22 trillion in 2024, a reflection of the unwavering commitment to fund safety,
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has refuted claims that it has halted the supply of gas to power generating companies (GENCOs). MNDPRA in a statement Wednesday said its attention had been drawn to a news publication with
…SEC DG Provides 2025 Capital Market Outlook Barbara Bako, Abuja. The Securities and Exchange Commission (SEC) has announced that over N2.7trn capital has been raised in the capital market by banks and other companies. The statistic, which comprises
Barbara Bako, Abuja. The Chairman, Investments and Securities Tribunal (IST) Amos Azi has revealed that the Tribunal has entered into partnership with the National Judicial Council (NJC) for the on- boarding of IST into an E-filing portal that
In the exercise of its regulatory powers, the National Insurance Commission (NAICOM) has sacked the Board and Management of African Alliance Insurance Plc, one of Nigeria’s oldest life assurance companies, following years of insolvency and failure to meet the obligations
The Chairman, Senate Committee on Capital Market Senator Osita Izunazor has said that he will push for the amendment of the constitution so the Investments and Securities Tribunal (IST) which has been recognised by the Supreme Court as the sole
The Federal Government through the Infrastructure Concession Regulatory Commission (ICRC), has said that it would conduct an audit of all Public Private Partnership projects to ascertain their performance as well as ensure that all the projects are insured as statutorily
The Federal Government  says it has successfully initiated the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira in a bid to reduce pressure on the local currency, eliminate unnecessary transaction costs, and improve availability of petroleum products. Minister
The Infrastructure Concession Regulatory Commission (ICRC) has said that it will henceforth issue Outline Business Case (OBC) Certificate of Compliance and the Full Business Case (FBC) Certificate of Compliance within seven days. This follows the charge by President Bola Ahmed
The Civil Society Legislative Advocacy Centre (CISLAC) has strongly condemned the recent extravagant spending by the leadership of the Central Bank of Nigeria (CBN), including its governor, Yemi Cardoso, and his four deputies. While observing that Nigerians continues to struggle
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