The Pension Fund Operators Association of Nigeria (PenOp), has expressed concerns over proposals from the Nigeria Police Force (NPF), to exit the Contributory Pension Scheme (CPS) to Defined Benefits Scheme (DBS).

Money market rates diverged on the back of movement in liquidity balance in the financial system. The short-term benchmark interest rates mixed after inflows from matured OMO bills and swap inflows lifted the liquidity balance.

Tinubu Seeks Senate Approval of 2025–2027 Fiscal Framework President Bola Tinubu has formally transmitted the 2025–2027 Medium-Term Fiscal Framework (MTF)…

NDLEA Secures 9,043 Convictions, Arrests 52 Barons The National Drug Law Enforcement Agency (NDLEA) has secured 9,034 convictions in the…

Equities investors trading highs and lows on the Nigerian Exchange (NGX) platform gained more than N136 billion on Tuesday on health performance on sector indexes.

The naira reclaimed part of its lost exchange rate value in the official market as volume of US dollar volume transacted declined on the day. Spot data from the FMDQ platform showed the naira appreciated by 0.68%, closing at ₦1,678.93 per US dollar at the official market.

Cabotage Funds Secure with CBN, NIMASA Says The Nigerian Maritime Administration and Safety Agency (NIMASA) says funds accrued under the…

The Central Bank of Nigeria (CBN) has advised members of the public to be cautious of SWIFT Messages on foreign exchange remittances to their Nigerian bank accounts

President Bola Tinubu has written the National Assembly, seeking amendment to the 2023 National Social Investment Programme Agency Establishment Act.

The prices of crude oil fell on Tuesday over demand concerns amidst expectation of surplus supply in the global commodities market.  Brent to $72.65 per barrel at the last look, while the US benchmark West Texas Intermediate also decreased to $68.69 per barrel.