Regulators - Page 9

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

by Mohammed Shosanya

Yobe Ready To Embrace Pension Reform,PENCOM Boss Pledges Support

Governor Mai Mala Buni of Yobe State has reaffirmed his administration’s commitment to implement the Contributory Pension Scheme (CPS) in Yobe State. He stated this during a recent meeting with the Director-

March 7, 2025

PENCOM

Women Highest Victims Of Ponzi Schemes In Nigeria-SEC

The Securities and Exchange Commission (SEC),has said that women are often the majority victims of Ponzi schemes, emphasizing the need for financial literacy to protect them. Speaking on Thursday at a Conference

March 6, 2025

SEC

CBN Strengthens Regulatory Oversight To Protect Nigeria’s Financial System

The Central Bank of Nigeria (CBN),has reaffirmed its commitment to maintaining a transparent and resilient financial system by reinforcing regulatory compliance and risk management across Nigerian financial institutions. At a high-level Mandatory

March 2, 2025

CBN

Cardoso Champions Stronger Nigeria, Saudi Ties

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the bank’s commitment to enhancing economic cooperation between Nigeria and the Kingdom of Saudi Arabia. Mr. Cardoso emphasised

February 24, 2025

CBN

Tinubu Approves N758bn To Settle 16 Years Pension Liabilities

President Bola Tinubu has approved a N758 billion bond to settle long standing pension liabilities under the Contributory Pension Scheme (CPS) for federal workers in the country. The decision was taken during

February 19, 2025

PENCOM

CBN Orders Banks To Publish Dormant Accounts, Unclaimed Balances

The Central Bank of Nigeria (CBN),has ordered banks and other financial institutions to publish the list of dormant accounts, unclaimed balances and other financial assets. The directive was in compliance with the

February 19, 2025

CBN

Why Bank Directors With Bad Loans Must Quit-CBN

The Central Bank of Nigeria has ordered bank directors with non-performing insider-related loans to step down immediately. The Acting Director of Banking Supervision, Adetona Adedeji, issued the directive in a circular on

February 18, 2025

CBN

ATM:CBN Threatens To Penalize Banks Imposing Withdrawal Limits Below N20,000

The Central Bank of Nigeria (CBN),says it will sanction banks that compel customers to withdraw less than N20,000 per transaction from Automated Teller Machines (ATMs) despite having sufficient funds and requesting a higher

February 15, 2025

CBN

CBN Fixes New Date For February 2025 MPC Meeting

The Central Bank of Nigeria (CBN) has fixed February 19 and 20, 2025,as new dates for the 299th meeting of its Monetary Policy Committee (MPC). The meeting was initially scheduled for February

February 10, 2025

CBN

SEC Sensitizes State Govts On Investment Prospects In Capital Market

The Securities and Exchange Commission will embark on investor education for state governments in the country. The Director General of the Securities and Exchange Commission, Dr. Emomotimi Agama disclosed this during a

February 10, 2025

SEC

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