BUA Group gets award

BUA Group has bagged ‘Marketing Edge Outstanding Indigenous Conglomerate of the Decade’ by the West African Marketing publication, Marketing Edge, at its annual Marketing Awards ceremony in Lagos. Also, BUA Group’s General Manager, Corporate Communications, O’tega Ogra also emerged as the “Outstanding Corporate Communications Personality” of The Year 2021. A …

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Pension Funds downsize investments in states by 36%

Raise stakes in FGN securities by 13% Analysts blame states’ weak finances, non-compliance with pension law By Nkiruka Nnorom Pension Funds Administrators (PFAs) are now downsizing their investments in state governments’ bonds amidst fears that the states’ financial stability and their commitment to pensions are questionable. Financial Vanguard’s findings in the …

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BREAKING: Senate begins debate on 2022 budget

The Senate on Tuesday commenced debate on the general principles of the 2022 budget. President of the Senate, Ahmad Lawan, who presided over the session, said that the debate will be concluded on Wednesday President Muhammadu Buhari had on last Thursday, submitted the 2022 Appropriation Bill to a joint sitting …

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Nigeria’s eNaira CBDC Website Goes Live

OSBC29 September, 2021 The Central Bank of Nigeria has launched a website detailing its CBDC, the eNaira. Stating that the eNaira is both a medium of exchange and a store of value, the CBDC will be used in retail payments and remittances. Citizens can begin right away by downloading the app, which …

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