Author: InvestAdvocate

PenCom Grants PFAs Autonomy to Expedite Benefits Processing

March 17, 2025/CSL Research The National Pension Commission (PenCom) has introduced a new directive granting Pension Fund Administrators (PFAs) full authority to approve and process various retirement benefits without requiring prior approval from the Commission. Effective from 1 June 2025, this policy aims to streamline pension payments and eliminate bureaucratic […]

Sycamore Secures License from Nigeria’s SEC, Appoints Capital Markets Veteran to Lead Asset Management Arm

Oluwagbenga Magbagbeola joins Sycamore with 17 years of capital markets experience, spanning roles at ARM Securities, FBNQuest Securities, and Profund Securities March 17, 2025/ Sycamore Investment and Asset Management Ltd Sycamore, a Nigerian fintech with over N10 billion in assets under management, today announced two strategic developments that position it […]

BUA Cement Plc Earnings Report: FX Woes & Cost Pressures Weigh on BUA Cement’s Earnings

March 17, 2025/InvestmentOne Report In its audited result for FY:2024, BUA Cement plc posted a 90.74% YoY growth in revenue to NGN876.47bn, driven by higher pricing and improved volumes. Specifically, sales of bagged cement majorly in Nigeria (NGN875.84bn) following the commissioning of the two new 3 million metric tons lines […]