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Sunday, November 1, 2026

Economy

October 29, 2026

Protecting workers’ retirement savings against inflation is your job, PenCom tells PFAs

Ms Oloworaran stated, “A contribution that is faithfully paid and then quietly eroded by inflation is a promise broken in slow motion.”

PenCom logo and Ms Oloworaran.
October 29, 2026

Insurance must deliver value beyond claims to boost penetration: Expert

Mr Onifade said the insurance industry must go beyond paying claims and deliver tangible benefits to customers throughout their relationship with insurers to drive wider adoption.

Niyi Onifade
October 29, 2026

FG targets EU investment in one-million-hectare cocoa expansion plan

Nigeria will present its one-million-hectare tree crops expansion programme to European cocoa industry leaders and investors in Brussels to attract investment.

cocoa farmer
October 29, 2026

NTAC chief says 564 people empowered in Adamawa community

Yusuf Yakub, the director-general of the Nigeria Technical Aid Corps, has empowered 564 people in the Gombi/Hong federal constituency in Adamawa.

Yusuf Yakub,
October 29, 2026

OPay reaffirms commitment to deepening financial inclusion

OPay restated its commitment to turning technology into practical value via reliable payments, stronger merchant relationships, local jobs and easier access to financial services.

OPAY
October 29, 2026

Standard Bank accused of greenwashing while financing EACOP, activists demand scrutiny

Fossil Free South Africa filed a complaint against Standard Bank over sustainability claims connected to EACOP.

October 29, 2026

Nigerian banker Christopher Edeh jailed 39 years for defrauding Lagos, Kano, NNPC, Ojukwu varsity of N3 billion

Justice O.O. Abike-Fadipe of the Lagos Special Offences Court has sentenced former banker Christopher Edeh to 39 years’ imprisonment for his involvement in a N2.7 billion fraud.

October 29, 2026

SiliconSage: American real estate CEO jailed 18 months for defrauding investors

Sanjeev Acharya was sentenced on Wednesday to 18 months in U.S. prison for wire fraud and money laundering. He was ordered to pay over $2 million in restitution to victims.

October 29, 2026

Microsoft reports $36.6 billion profit days after announcing 60,000 job cuts

Microsoft has announced that its profits for three months to the end of September increased to more than $36.6 billion.

Microsoft
October 29, 2026

CFO of York Wallcoverings jailed three years for embezzlement

The former chief financial officer of a Chicago-area company’s subsidiary has been sentenced to three years in federal prison for embezzling more than $1 million.

York Wallcoverings