Business

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

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 […]
Visible Articles 5 10 15
Nigeria’s oil output drops to 1.486m bpd in November- OPEC

Nigeria’s oil output drops to 1.486m bpd in November- OPEC

By Udeme Akpan, Energy Editor The Organisation of Petroleum Exporting Countries, OPEC, has said that   Nigeria’s oil output, excluding Condensate, dropped by 0.7 percent   to 1.486 million barrels per day, bpd in November from 1.496 million bpd produced in October 2025.   The Organisation does not consider Condensate, which Nigeria produces about 196,028 bpd, according to the Nigerian […]

Soludo commits to improving aviation infrastructure

Soludo commits to improving aviation infrastructure

…commissions protocol lounge at Chinua Achebe international airport   In a move to enhance Anambra State’s aviation landscape, Governor Chukwuma Charles Soludo, has reaffirmed his administration’s commitment to improving aviation infrastructure across the state. Speaking at the commissioning of a new Protocol Lounge at Chinåa Achebe International Airport in Anambra State, Soludo said that it is part […]

CBN to create short code to fast-track complaint resolution

CBN to create short code to fast-track complaint resolution

The Central Bank of Nigeria (CBN) yesterday said it is working with the Nigerian Communications Commission (NCC) to create an industry-wide short code that will allow consumers to communicate with their financial institutions anytime, anywhere, with or without internet access. The Director, Consumer Protection and Financial Inclusion Department, CBN, Dr. Aisha Isa-Olatinwo, disclosed this at a […]