At the commission’s 2026 annual media conference in Lagos recently, PenCom’s director-general, Ms Omolola Oloworaran, presented a catalogue of reforms and performance indicators showing a pension industry that has expanded significantly in assets, membership, compliance and investment reach.
Wema Bank’s H1 numbers reveal an institution that is growing rapidly, but whose growth is accompanied by falling earnings per share, a sharp contraction in fee income, rising loan-impairment charges, deteriorating cost efficiency and loan expansion that is running considerably faster than deposit mobilisation.
Women are not asking Nigeria for charity. They are asking for the opportunity, capital, education, security and institutional space to convert their enormous contribution into economic and political power.
Announced amid renewed pressure from high fuel prices, rising transport costs and persistent household hardship, the initiative is being presented by the government as a targeted intervention to cushion the impact of global crude oil price volatility without returning the country to the costly petrol subsidy regime abolished in May 2023.
Unilever Nigeria Plc reported revenue of N119.92 billion for the six months ended June 30, 2026, up 22.2 percent from N98.10 billion in the corresponding period of 2025. Gross profit rose 30 percent to N54.74 billion, while operating profit increased 29.5 percent to N24.36 billion.
On September 10, Seplat Energy’s shares rose by the maximum daily limit of 10 per cent, helping the NGX recover from two consecutive sessions of losses. The rally was significant enough to help lift the wider market and restore about N100.5 billion to investors’ wealth.
Nigeria faces a fundamental choice: will its young population become the engine of economic transformation, or will millions of young Nigerians remain trapped between inadequate education, weak skills, unemployment, and poverty? The answer will determine not merely the future of Nigerian youths, but the future of Nigeria itself.
The Nigeria Inter-Bank Settlement System (NIBSS) is fundamentally transforming the country’s payment infrastructure to facilitate widespread participation in initial public offerings and privatization transactions.
FCMB's market capitalisation had risen 49.7 percent to about N771.7 billion by August, even though its share price was still 2.9 percent lower year-to-date.
Food is supposed to do more than silence hunger. It must nourish the body, develop the brain, strengthen immunity and provide the energy required for people to learn, work and build productive lives.
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.