Regulators - Page 3

Old Naira Notes Still Valid,CBN Insists

The Central Bank of Nigeria (CBN) has again clarified that the old N1000, N500, and N200 banknotes,are still valid. Mrs. Sidi Ali Hakama,Acting Director,Corporate Communications,clarified this in a statement made available to

December 14, 2024

by Mohammed Shosanya

Pension Investment Boosts Nigeria’s Real Sector With ₦5.51trn-Pencom Boss

The Nigerian pension industry has committed a total of ₦5.51 trillion to asset classes that support long-term financing for real sector growth. The Director General of the National Pension Commission (PenCom), Ms.

April 9, 2025

PENCOM

CBN Explains Sales Of $197.71m Through Authorized Dealers

The Central Bank of Nigeria (CBN) has tied the significant developments in the foreign exchange market between April 3 and 4, 2025, to broader global economic shifts, including the U.S. government’s announcement

April 6, 2025

CBN

Ponzi Promoters Risk 10- Year Jail Term, N20m Fine,Says SEC

Promoters and operators of any entity engaged in a prohibited scheme commits an offence and is liable on conviction to a penalty of not less than N20 million or imprisonment to a

April 2, 2025

SEC

MRS Oil Explains Exit From NGX

MRS Oil has concluded arrangements for the voluntary delisting of all its issued shares from the Nigerian Exchange Ltd. (NGX) and later admission to the NASD OTC Securities Exchange. Its decision was

March 30, 2025

NSE

Tinubu Signs Investments And Securities Bill 2025 Into Law

President Ahmed Bola Tinubu, has signed intol law the Investments and Securities Bill (ISB) 2025, which repeals the Investments and Securities Act No. 29 of 2007 and enacts the Investments and Securities

March 29, 2025

SEC

PenCom Unveils New Pension Contribution Remittance System

The National Pension Commission (PenCom), has launched its new Pension Contribution Remittance System, a platform designed to optimise the process of remitting pension contributions into employees’ Retirement Savings Accounts (RSAs). This system,

March 27, 2025

PENCOM

PenCom Seeks States’ Implementation Of Contributory Pension Scheme

The National Pension Commission (PenCom),has implored all states and local governments to implement the Contributory Pension Scheme (CPS) in order to guarantee a pension-secure Nigeria. The Commission conveyed the call in a

March 27, 2025

PENCOM

Nigeria’s Forex Market Shows Signs Of Stability-Cardoso

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reported signs of progress in stabilising the foreign exchange market and curbing inflation, as recent policy reforms begin to

March 26, 2025

CBN

Violations:SEC Cancels Mainland Trust Limited Registration, Suspends Centurion Registrars

The Securities and Exchange Commission has cancelled the Registration of Mainland Trust Limited and suspended Centurion Registrars. In a separate circulars issued at the weekend, the Commission explained that the sanctions were

March 17, 2025

SEC

PenCom Fastracks Benefit Payments To Retirees

The National Pension Commission (PenCom) has introduced policy initiative aimed at expediting the payment of benefits to Retirement Savings Account (RSA) holders. This is conveyed in the Circular on Approval of Benefits

March 13, 2025

PENCOM

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