Withdrawal of COVID-19 Forbearance pushes banks’ bad loans above CBN limit
By Elizabeth Adegbesan The withdrawal of the Central Bank of Nigeria’s (CBN) COVID-19 regulatory forbearance given to banks has pushed banks’ Non-Performing Loans (NPLs) ratio to 9.94 per cent in the first quarter of 2026 (Q1’26), significantly above the apex bank’s prudential benchmark of 5.0 per cent. The development was disclosed in the CBN’s first quarter […]
Re-echoing the safety of the contributory pension scheme
The Contributory Pension Scheme, CPS, was established nine years ago by the Federal Government.
Labour demands N687m unpaid Kaduna workers’ benefit
Organised Labour in the nation’s Textile industry has called on the 19 Northern Governors to pay the N687, 073,346.00 entitlements of workers of Kaduna Textiles Limited, KTL.
Capacity building is a critical part of our success story —Clare Omatseye
CLARE Omatseye is the MD/CEO JNC International and President, Healthcare Federation of Nigeria- HFN. Claire is a Graduate of Pharmacy from the Ahmadu Bello University, Zaria, and holds an MBA from the University of Navarra -Barcelona Spain. She is an Alumnus of the Lagos Business School and has attended several professional trainings in her field
Nigeria’s business environment requires focus — Nestle boss
The Managing Director of Nestle Nigeria Plc, Dharnesh Gordhon, has said that the current business environment in Nigeria requires an intense focus to maintain competitive edge in the market, as it launches Maggi chicken cube.
PHCN assets: ICPC interrogates NELMCO boss
The Independent Corrupt Practices and other Related Offences Commission, ICPC, has begun investigations into the alleged secret sale of landed property of the defunct Power Holding Company of Nigeria, by its liability managers.
