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Business

Home Business Page 42
PENCOM: Monthly pension disbursement will reach N11.9 billion as assets increase by 820 billion
Posted inBusiness

PENCOM: Monthly pension disbursement will reach N11.9 billion as assets increase by 820 billion

The National Pension Commission (PENCOM) has announced that, starting in June, the total monthly pension payment under the Contributory Pension Scheme (CPS) will rise from N8.3 billion to N11.9 billion.…
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Posted by Taiwo Ayomide June 20, 2025
Aruna und Goda nehmen die Aktion beim WTT-Star-Contender wieder auf.
Posted inBusiness

Aruna und Goda nehmen die Aktion beim WTT-Star-Contender wieder auf.

At the WTT Star Contender Ljubljana 2025 in Slovenia, Nigeria’s Quadri Aruna and Egypt’s Hana Goda will continue competing among the top-tier players. Currently ranked 24th globally and the top…
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Posted by Taiwo Ayomide June 20, 2025
Sports equipment provided to 1,664 public schools in Lagos
Posted inBusiness

Sports equipment provided to 1,664 public schools in Lagos

Yesterday, the Lagos State Sports Trust Fund (LSSTF) provided sports equipment to 1,664 public schools spanning the six educational districts. The distributed equipment comprised table tennis boards, running vests and…
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Posted by Taiwo Ayomide June 20, 2025
SEC marks Zugacoin and Samzuga GPT, cautions investors in Nigeria
Posted inBusiness

SEC marks Zugacoin and Samzuga GPT, cautions investors in Nigeria

On the previous day, the Securities and Exchange Commission (SEC) cautioned the public about investing in Zugacoin and Samzuga GPT, identifying them as unauthorized crypto assets. On Wednesday, the commission…
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Posted by Taiwo Ayomide June 19, 2025
We will exit from CBN’s regulatory forbearance June 30 – Zenith Bank
Posted inBusiness

We will exit from CBN’s regulatory forbearance June 30 – Zenith Bank

Zenith Bank Plc, which is Nigeria’s largest bank in terms of Tier-1 Capital, has guaranteed its shareholders and investors that it will meet all necessary requirements to leave the Central…
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Posted by Taiwo Ayomide June 19, 2025
What the increase in oil prices signifies for Nigeria — Analysts
Posted inBusiness

What the increase in oil prices signifies for Nigeria — Analysts

As Brent Crude reached $76.10 per barrel, oil prices have continued their upward rally, generating hopes for increased reserves accretion, a stable naira, and heightened dollar liquidity, according to Daily…
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Posted by Taiwo Ayomide June 19, 2025
N457bn debt, Right of Way affecting electricity transmission — TCN
Posted inBusiness

N457bn debt, Right of Way affecting electricity transmission — TCN

The Transmission Company of Nigeria (TCN) has reported that its ability to operate at peak efficiency is being hampered by the failure to pay off debts totaling N457bn owed by…
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Posted by Taiwo Ayomide June 19, 2025
FG sets up task force to address building collapse
Posted inBusiness

FG sets up task force to address building collapse

Arc. Ahmed Dangiwa, the Minister of Housing and Urban Development, launched an expanded Ministerial Task Team on Building Collapse on Wednesday, emphasizing that the increasing number of such incidents in…
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Posted by Taiwo Ayomide June 19, 2025
Oyedele advocates for reduced corporate tax rates to encourage investment
Posted inBusiness

Oyedele advocates for reduced corporate tax rates to encourage investment

Taiwo Oyedele, who chairs the Presidential Committee on Fiscal and Tax Reforms, has urged for a reduction in corporate tax rates to encourage investment and boost economic growth. He issued…
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Posted by Taiwo Ayomide June 19, 2025
Finally, UK grants Air Peace permit to fly to Heathrow
Posted inBusiness

Finally, UK grants Air Peace permit to fly to Heathrow

After months of refusing to accept it, UK aviation authorities finally gave the green light for Nigeria’s largest airline, Air Peace, to operate flights to Heathrow Airport. Mr. Allen Onyema,…
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Posted by Taiwo Ayomide June 19, 2025

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