Business

Dangote Refinery drops PMS to N1,165/litre, diesel to N1,570/litre

Dangote Refinery drops PMS to N1,165/litre, diesel to N1,570/litre

By Peter Egwuatu Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel), effective Thursday 6th of August, thereby reaffirming its commitment to providing affordable, high-quality petroleum products to the Nigerian market. The company in a statement said, under the new pricing structure, the […]
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‎Leadway Pensure PFA commits to safeguarding contributors fund, grows AUM to N1.35tr

‎Leadway Pensure PFA commits to safeguarding contributors fund, grows AUM to N1.35tr

By Rosemary Iwunze ‎‎Leadway Pensure PFA, one of the leading Pension Fund Administrators, in the country has grown its Assets under Management (AUM) to N1.35 trillion in the third quarter of 2025, Q3’2025.‎Committed to safeguarding contributors’ funds, Leadway Pensure also recorded robust returns on its multi-fund structure underpinning its market leadership.‎‎Analysis of a three-year compounded […]

‎Leadway Pensure PFA celebrates 20 years of trust, service, Innovation

‎Leadway Pensure PFA celebrates 20 years of trust, service, Innovation

By Rosemary Iwunze ‎‎Leadway Pensure PFA, a Pension Fund Administrator in Nigeria, proudly celebrates its 20th anniversary. This milestone marks two decades of trust, exceptional service delivery and value creation in its mission to protect the financial wellness of Nigerian workers. ‎Over the last 20 years, the PFA has served thousands of customers across Nigeria […]

CBN: FATF grey list exit lifts naira, as reserves cross $43bn

CBN: FATF grey list exit lifts naira, as reserves cross $43bn

The financial markets have responded positively to the Financial Action Task Force (FATF) removal of Nigeria from its grey list of countries with money laundering and terrorist financing risks. The naira, foreign reserves and investors’ confidence have soared to new heights.

Capital Market: T+2 settlement cycle begins November 28 —SEC 

Capital Market: T+2 settlement cycle begins November 28 —SEC 

By Obas Esiedesa, Abuja The Securities and Ex change Commission (SEC) has announced that Nigeria’s capital market will officially transition to a T+2 (trade date plus two days) settlement cycle for equities transactions with effect from Friday, November 28, 2025, in a move designed to align with global best practices and enhance market efficiency. Hitherto, […]

NEM, Casava, Axa Mansard, SCIB, shines at 2025 Almond awards

NEM, Casava, Axa Mansard, SCIB, shines at 2025 Almond awards

By Rosemary Iwunze ‎‎The 2025 Almond Insurance Industry Awards tagged ‘Recharged Edition’ has bestowed NEM Insurance Plc winner ‎in the General Insurance Company of the Year Category. ‎The event was held on Friday 7th November, at the Stable Event Center Lagos amidst pomp and pageantry. ‎AXA Mansard clinched Life Insurance Company of the year. Casava […]