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The Securities and Exchange Commission has cleared seven new fintech companies for admission into its Accelerated Regulatory Incubation Programme. The capital market regulator announced that the newly admitted entities received an Approval-in-Principle on Thursday. The cohort includes prominent digital asset firms such as Bitbarter Technologies, Luno Fintech Nigeria, GetEquity, Koinkoin Global Network, Wrapped CBDC, Trovotech,…
The Federal Government has formally inaugurated the Governing Board of the Corporate Affairs Commission (CAC) and an Intellectual Property Steering Committee in Abuja. Dr. Jumoke Oduwole, the Minister of Industry, Trade, and Investment, presided over the ceremony, framing the commission as the foundational legal structure of the Nigerian economy. The board’s mandate is clear: enhance…
Nearly N30 billion in pension contributions sits in a financial purgatory. These funds belong to Nigerian workers but remain uncredited to their Retirement Savings Accounts. The National Pension Commission blames a messy cocktail of employer negligence and data blunders. Thousands of employees now face a future where their savings exist only on paper. The system…
LAGOS — The National Industrial Court in Lagos has ordered cement manufacturer Lafarge Africa Plc to pay ₦2 million in damages to a former staff member. Justice Ikechi Gerald Nweneka ruled that the company illegally retained and utilized the personal details of Mr. Kehinde Adeniyi Johnson after his 2019 exit. In the judgment delivered on…
