Business

SEC Mandates Payout of All Unclaimed Dividends

The Securities and Exchange Commission (SEC) has directed all public companies and their Registrars to stop treating unclaimed dividends older than 12 years as...

OPay Extends N1.2bn Scholarship to Benue State University Students

Nigeria’s top financial technology firm, OPay, has expanded its N1.2 billion 10-year scholarship scheme to students of Benue State University, making the institution the...

Dangote Promises Major Shake-Up in Downstream Oil Sector

Lagos, Nigeria - Nigerians should brace for sweeping changes in the oil industry, as business mogul Aliko Dangote has pledged a “major shakedown” in...

NERC Issues New Directive on Third-Party Bill Collectors, Backs Digital Revenue System

The Nigerian Electricity Regulatory Commission (NERC) has issued a fresh regulatory directive introducing a digitized, transparent, and accountable framework for electricity revenue collection across...

SEC Warns Nigerians to Steer Clear of Unregistered Silverkuun Investment Schemes

The Securities and Exchange Commission (SEC) has issued a stern warning to Nigerians, urging them to avoid unregistered investment schemes, specifically naming Silverkuun Investment...

Tension Rises as Port Harcourt Refinery Faces Imminent Shutdown for Maintenance

Port Harcourt — The Port Harcourt Refining Company may be shut down at any moment for a scheduled maintenance exercise expected to last 30 days, NEWS...