Business

Five PFAs control pension market, account for 54% of new RSAs

•States still foot-dragging on CPS implementation By Rosemary Iwunze Five Pension Fund Administrators, PFAs, out of 18 licensed operators accounted for 54.41 per cent of new Retirement Savings Account, RSA, registrations in the first quarter of 2026, Q1’26, indicating continued concentration in Nigeria’s pension market. According to the Q1’26 industry report released by the National […]
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Stanbic IBTC Group CEO honoured at leadership awards

Barely a month after Stanbic IBTC Stockbrokers Limited won the ‘Best Dealing Member’ on the Nigerian Stock Exchange (NSE), Chief Executive of Stanbic IBTC Holdings Plc, Mrs. Sola David-Borha, has been named among the top chief executives of companies listed on the Exchange. At the 2015 ‘Top 25 CEOs Awards’, organized by Businessday, which held on Friday, March 20, 2015 at the Wheatbaker Hotel, Ikoyi, Lagos, David-Borha was honoured for her contributions in the evolution of the Stanbic IBTC Group into a leading end-to-end financial solutions provider, and a blue chip quoted on the Nigerian Stock Exchange.

Skye Bank: Is this the evolution of Nigeria’s newest megabank?

It is no longer news that Skye bank recently acquired Mainstreet Bank, formerly Afri Bank of Nigeria. What is news is whether this is going to be Nigeria’s newest mega bank.? It was late literary giant, Prof Chinua Achebe that stated in his novel, Things Fall Apart that a chick that will grow into a cock will be spotted the very day it was hatched.

Shell fears attack; shuts down flow stations in Bayelsa

Shell Nigeria Exploration and Production Company, SNEPCo, has reportedly shut down its flow stations in Southern Ijaw and Ekeremor Local Government Areas of Bayelsa state following anxiety that ex-militants may attack the facilities because of the outcome of presidential election.

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