Business

PenCom to sanction PFAs as only 17% of RSA holders recaptured

By Rosemary Iwunze The National Pension Commission (PenCom) has threatened to sanction  Pension Fund Administrators (PFAs) that fail to meet prescribed targets under the ongoing Retirement Savings Account (RSA) data recapture exercise. PenCom, in its first-quarter 2026 report, disclosed that only 17.03 per cent of the industry’s legacy RSA holders had completed the mandatory data recapture […]
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Stock market rebounds as investors gain N2.4trn

•2026 positioning begins By Peter Egwuatu  The Nigerian stock market has recovered from losses it recorded in November as investors gained N2.436 trillion in the five trading days of last week. Specifically, the Nigerian Exchange Limited, NGX, market capitalisation, which represents the total value of shares listed on the Exchange, rose to N93.722 trillion on Friday […]

‎SanlamAllianz Nigeria named amongst top 50 good to great companies

By Rosemary Iwunze‎ ‎In another affirmation of its leading status in the comity of insurers in Nigeria, SanlamAllianz Nigeria was named amongst the top 50 Good to Great Companies (Certified) by Business Times, a growing business and finance publication based in Lagos. The honour recognises forward-looking companies operating in Nigeria with sound corporate governance, visible […]

‎FSL Insurance Brokers launches FSL insure mobile & web app

By Rosemary Iwunze‎‎FSL Insurance Brokers Limited, a leading insurance brokerage firm in Nigeria, has officially launched “FSL Insure”, a new mobile and web application designed to simplify, modernize, and expand access to insurance products for individuals and businesses nationwide. The FSL Insure app offers a fully digital insurance experience, allowing users to explore, compare, purchase, […]

Nigerians turning to digital retail to navigate inflation pressures—Report

As Black Friday 2025 unfolds across Nigeria, new insights from Jumia’s third quarter, Q3’25 financial results reveal that more Nigerians are relying on digital retail to navigate inflation and rising living costs.  The data points to a more deliberate, value-driven shopper, one using online platforms to stretch budgets, compare options quickly, and extract more value from […]

Lagos must think bigger, act smarter — Adedipe, George

By Babajide Komolafe, Economy Editor Renowned economist and Chief Consultant at B. Adedipe Associates Limited, Professor Biodun Adedipe, has said Lagos State must aggressively deepen wealth creation if it aims to build an inclusive, resilient, and globally competitive economy. Speaking yesterday at the Roundtable Discussion on Lagos Economic Outlook 2026, Adedipe stressed that the state stands […]

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