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PenCom in partnership with Finance Ministry for sustainable economic growth through pension Inclusivity

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  PenCom’s DG, Oloworaran and Finance Minister Edun By allcitynews.ng The efforts to consolidate the growth and development of the economy through pension inclusivity, the leadership of National Pension Commission (PenCom) has entered into partnership with Ministry of Finance. PenCom in partnership with Finance Ministry for sustainable economic growth through pension Just as the Director-General, Omolola Oloworaran,  reaffirmed that the institutional collaboration with the Ministry of Finance will further bring expected consolidation of the economy. She made this known  during a courtesy visit to the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun. The meeting, held at the minister’s office, focused on strengthening Nigeria’s pension system, mobilising long-term domestic capital and aligning pension sector reforms with the broader economic stabilisation and growth agenda of President Bola Tinubu. According to officials, the enga...
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AltBank Joins IIFM to Bring Speed, Clarity to Nigeria’s Non-Interest Finance Practices

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   By allcitynews.ng  The Alternative Bank (AltBank) has joined the International Islamic Financial Market (IIFM), a global standard-setter for Islamic finance documentation and market guidance. This move puts AltBank on the same playbook used across key Islamic finance markets, strengthening how Shari’ah-compliant transactions are documented, executed, and trusted. AltBank will begin by aligning its interbank liquidity documentation with IIFM’s Master Collateralised Murabahah Agreement (MCMA) framework and will release its first ready-to-sign documentation pack and counterparty onboarding process in Q2 2026. The pack will include standard templates, term sheets, execution checklists, and counterparty onboarding requirements, built to reduce negotiation loops and speed up transaction close. This integration of global benchmarks into the local market is designed to provide Nigerian consumers and businesses with transparent, internationally recognised ethical banking produc...
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Archibong, pledges support for Akwa Ibom's Arise with Renewed Hope Initiative with eyes on investment, innovation opportunities for the state

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     Ini Archibong, Strategy Director of Chastest Consult and one of Africa's most respected voices in media management, public affairs, and strategic communications, has formally declared his support for the Arise with Renewed Hope Initiative championed by His Excellency, Pastor Umo Eno, Governor of Akwa Ibom State, and co-adopted by Senate President, Dr. Godswill Akpabio. Archibong made the declaration at a media parley in Abuja, where he outlined his vision for contributing to the state's development through strategic investment attraction, project management excellence, and high-level stakeholder engagement. According to Archibong, "His Excellency's leadership and vision for Akwa Ibom State is truly inspiring. I pledge my full support for the Arise with Renewed Hope mantra and look forward to playing an active role in translating that vision into measurable progress for our people." A native of Itiam-Etoi in Uyo Local Government Area, Archibong brings nearly t...
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NAFDAC DG, Prof. Adeyeye, SON DG Okeke, FCCPC DG, Bello, others, express readiness to speak in BJAN 2026 World Consumer Rights Day

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  By allcitynews.ng  The Director General, National Agency for Food and Drug Administration and Control (NAFDAC) Professor Mojisola Christianah Adeyeye, the  Director General of  Standards Organisation of Nigeria (SON), Dr. Ifeanyi Chukwunonso Okeke,  the Director General of Federal Competition and Consumer Protection Commission (FCCPC), Mr Tunji Bello, have expressed their readiness to speak in 2026  World Consumer Rights Day, March  13,  2026. Other guests expected to speak at the event, according to the Chairman of Brand Journalists Association of Nigeria (BJAN), Mr  Daniel Obi,  includes  renowned consumer rights advocate Mrs. Sola Salako-Ajulo. WCRD is a global event celebrated annually on March 15, to draw attention to the plights of  consumers.  The theme for this year is: "Safe Product, Confident Consumer". Organised by the Brand Journalists Association of Nigeria (BJAN), the event is scheduled to hold at the Ososa...
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Nestlé Nigeria, despite general economic downturn, announces equity on N1.2tn sales

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   By allcitynews.ng  Nestlé Nigeria has announced its full-year 2025 results, reporting N1.2tn in revenue compared to N958.8bn in the same period of 2024, even as it recorded a turnaround in its equity position from negative N92.3bn to a positive N12.9bn  despite the hard economic downturn. Just it disclosed that improved performance has positively impacted our equity position. This was disclosed in the audited financial results for 2025 filed with the Nigerian Exchange Limited on Wednesday, February 25. In the period under review, the company achieved a net profit of N105bn against a loss of N164.6bn in 2024. It also recorded the early repayment of $40m in forex-denominated debt. Export sales grew 56 per cent to N10.2bn from N6.6bn in 2024. Operating profit increased 34.3 per cent from N167.9bn to N225.4bn, and profit before tax rose to N166.8bn, reversing the N221.5bn loss in 2024. Commenting on the results, the Chief Executive Officer and Managing Director of Nes...
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A Non-governmental Organisation, GTI Human Rights Activists condemns attempted assassination of Peter Obi, calls for thorough investigation

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By allcitynews.ng  Concerned by the reported news in circulation, a Non-Governmental Organisation, and Non-Partisan Organisation,  Guard Time Information (GTI), has strongly condemned the reported threat to the life of His Excellency, Peter Obi in Edo State. The organization in a statement by the  Chairman, Mr Bibi Oduku, noted that the body that has many legal practitioners is committed to the protection of democratic values, rule of law, and the fundamental rights of all Nigerians,  viewed any threat to the life of any political leader as a serious danger to our democracy and national peace. According to his statement, "We therefore call on the newly appointed Inspector General of Police of the Nigeria Police Force to immediately deploy intelligence units to thoroughly investigate the alleged threat and ensure that those responsible are identified and brought to justice without delay. Nigeria’s democracy must not be reduced to a battlefield of intimidation, harassm...
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Barely eight months after serious warning against visiting Edo State without permission, Peter Obi narrowly escaped assassination attempt

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By allcitynews.ng Barely eight months after receiving serious warning against visiting the state without permission from the Edo State House Governor, Benin, the 2023 Presidential candidate under  the platform of  Labour Party,  Mr  Peter Obi escaped  assassination attempt on Tuesday, February 24 2026. It would be recalled that the Edo State Governor, Monday Okpebholo on July 18 2025 warned Peter Obi against visiting Edo without security clearance. Accusing Obi of coming into Edo  State without prior permission,  the governor said, "He said, “The man wey say he no get shishi, I am sending a direct message to him, there is a new sheriff in town. He cannot come to Edo State without telling me because his security will not be guaranteed. “Whatever happens to him in Edo State, he will take it.  His s ecurity won’t be guaranteed," the governor warned. His warning was based on the visit to  Benin, by Obi on July 7 when he donated N15m million...
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