Business & Economy

Pension funds experience a notable 22% increase, reaching N18 trillion, according to NAICOM

The National Pension Commission reported that the Contributory Pension Scheme's total assets reached N18.36tn by the close of 2023, marking a 22.43% appreciation in...

1,500 staff members redeployed from the CBN have commenced work at the Lagos office

Over 1,500 Central Bank of Nigeria staff members are set to resume at the Lagos office this Friday after being redeployed from the headquarters. Despite...

The Naira hits a historic low on the official exchange window, trading at 1348 against the US dollar

The Nigerian naira experienced a significant decline, hitting an unprecedented low of N1348.63/$ on the Nigerian Autonomous Foreign Exchange Market this Monday. This marks a...

Sanusi supports the Central Bank of Nigeria in its decision to relocate departments

The ex-Emir of Kano, Sanusi Lamido, strongly supports the Central Bank of Nigeria's decision to relocate certain departments from Abuja to Lagos, deeming it...

The Chairman of EKEDC advocates for increased investments in the power sector

Dr. Dere Otubu, Chairman of the Board of Directors at Eko Electricity Distribution Company, emphasized the need for increased investments in Nigeria's power sector...

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