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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Stock market closes weaker amid sell pressure, as profit-taking persists

By Peter Egwuatu  The Nigerian Exchange (NGX) ended trading, last week, on a weaker note extending the bearish trend as investors continued profit taking and cautious repositioning across major sectors. The negative performance, according to analysts, reflected renewed sell pressures across the banking, consumer goods, and industrial goods sectors, as investors reacted to mixed earnings results […]

FG unveils new tax reform laws  in major economic policy shift

By Luminous Jannamike ABUJA – The Federal Inland Revenue Service, FIRS, will on Monday, officially unveil the Nigeria Tax Reform Acts at a strategic stakeholder engagement session in Abuja. The event is expected to mark a major shift in the country’s economic policy as the government moves to simplify the tax system and improve revenue efficiency. […]

Unlock Growth with an Equipment Loan: A Simple Guide for Small Businesses

Running a small business often means needing expensive tools, machines, or vehicles to keep things moving. Whether it’s a restaurant oven, a construction bulldozer, or a medical scanner, the cost of this equipment can be overwhelming. Instead of paying everything up front, many owners turn to an equipment loan to spread payments over time. This guide explains how equipment loans work, their pros and cons, and how you can apply for one to grow your business.

Nigeria’s MSMEs need inclusive financing, stronger partnerships to thrive — experts

By Cynthia Alo Financial experts have called for inclusive financing and stronger collaboration among government, banks, and private sector players to enable Nigeria’s Micro, Small and Medium Enterprises (MSMEs) to effectively contribute to national economic growth. They made this call at the Manufacturing Business Accelerator (MBA) Cohort 2 Graduation and Business Showers held in Lagos, themed […]

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