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PenOp Elects Donald Onuoha as President, Unveils New Executive

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The Pension Fund Operators Association of Nigeria (PenOp) has announced the election of Mr. Donald Onuoha as its new President and Chairman of its Executive.

Donald is currently the Managing Director/Chief Executive Officer of Fidelity Pension Managers Limited.

He was elected by members of the Association to lead its Executive Committee and provide strategic direction for the pension industry.

The newly constituted Executive also includes Blessing Ogwu, MD/CEO of UBA Pensions Custodian Limited, as Vice President and Vice Chairman; Benjamin Okorie-Agidi, MD/CEO of TotalEnergies EP Nigeria CPFA Limited, as Treasurer; Ehis Uzenabor, MD/CEO of Shell Nigeria CPFA Limited, as Member and Chairman, Technical Committee; Aliyu Atiku, MD/CEO of NUPEMCO, as Member and Chairman, Legal, Regulatory and Ethics Committee; and Adeola Oyegbade, MD/CEO of GT Pension Managers Limited, as Member and Chairman, Branding and Communications Committee.

In his acceptance speech, Donald Onuoha thanked members for the confidence reposed in him, stating that he would continue to uphold the ideals of the pension industry while prioritising the interests of Retirement Savings Account (RSA) holders.

He added that he would work to deepen pension penetration, strengthen stakeholder engagement, and ensure the industry continues to contribute meaningfully to Nigeria’s economic development.

He also pledged to work closely with the Executive Committee and other stakeholders to sustain industry progress and drive initiatives that enhance transparency, trust, and efficiency across the pension ecosystem.

Speaking on the development, the Chief Executive Officer of PenOp, Anthonia Ifeanyi Okoro, said the emergence of the new leadership reflects the Association’s strong governance framework and commitment to continuity.

She noted that the smooth transition underscores the unity among operators and their shared objective of ensuring that the pension system delivers sustainable value to all Nigerians.

PenOp is the umbrella body for all licensed Pension Fund Administrators in Nigeria and remains committed to promoting a robust, transparent, and inclusive pension industry.

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UTME 2026 Begins Nationwide as Over 2.2 Million Candidates Participate

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The 2026 Unified Tertiary Matriculation Examination (UTME) has officially commenced today across Nigeria, with more than 2.2 million candidates taking part in the nationwide assessment exercise.

The examination, conducted by the Joint Admissions and Matriculation Board (JAMB), began on Thursday April 16, at accredited Computer-Based Test (CBT) centres nationwide, as candidates sat for their scheduled sessions under strict supervision and updated examination guidelines.

JAMB disclosed that 2,243,816 candidates enrolled for this year’s examination, marking a 10.5 per cent rise compared to the 2.03 million candidates recorded in 2025.

To strengthen the credibility of the process, the board has introduced biometric authentication and live monitoring technology throughout the examination period.

According to JAMB, any candidate whose biometric data fails verification will be rescheduled for another date at designated centres.

Candidates were also instructed to print their examination notification slips from the official JAMB portal to confirm their exam dates, venue, and time, and to report at their centres at least one hour before their allotted session.

State-by-state registration data released by the board showed that Lagos State recorded the highest number of applicants with 381,814 candidates.

It was followed by Ogun with 137,156, Oyo with 122,662, Kaduna with 103,498, and the Federal Capital Territory with 102,961.

The post UTME 2026 Begins Nationwide as Over 2.2 Million Candidates Participate appeared first on Business Today NG.

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Nigeria to Expand Digital Access With New Fibre Infrastructure Push — NCC

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BY MADUEKE OBIWANNE-(ABUJA)—The Nigerian Communications Commission (NCC) has reaffirmed its commitment to expanding digital connectivity across the country, stressing that stronger fibre optic infrastructure remains critical to improving broadband penetration and bridging the digital divide.

The Commission said the renewed push forms part of broader efforts to accelerate digital transformation, drive economic growth, and ensure improved access to essential services such as education, healthcare, agriculture, and public service delivery nationwide.

Speaking at a Strategic Fibre Optics Training Workshop held in Abuja, the Executive Vice Chairman of the Commission, Dr Aminu Maida, said robust partnerships and technical expertise are essential to achieving nationwide digital progress.

Maida, whose remarks were delivered by Abraham Oshadami, noted that a properly regulated and durable fibre optic network is fundamental to the country’s digital development goals.

He explained that the workshop, themed “Strategic Fibre Optics Infrastructure Deployment and Regulatory Management,” comes at a crucial period as Nigeria steps up efforts to close the digital connectivity gap.

According to him, expanding fibre infrastructure remains a major driver of economic development and improved service delivery.

“As a country determined to boost broadband coverage, we recognise that strategic fibre rollout is vital for economic advancement, financial inclusion, education, healthcare, agriculture, and effective public service delivery,” he said.

Maida further disclosed that the Federal Government, through Project BRIDGE — Building Resilient Digital Infrastructure for Growth — under the Federal Ministry of Communications, Innovation and Digital Economy, is set to install an additional 90,000 kilometres of fibre optic cables across the country.

He said the initiative is designed to improve connectivity in all 774 Local Government Areas, with the aim of widening digital access and inclusion nationwide.

Despite the ambitious expansion plan, Maida acknowledged several obstacles, including expensive Right of Way (RoW) fees, administrative bottlenecks at state levels, and acts of infrastructure vandalism.

He, however, said the Commission is working closely with regulatory agencies, state authorities, and security institutions to tackle these issues.

According to him, 13 states have already removed RoW charges following the Commission’s engagement efforts, a development expected to encourage more investment from telecommunications companies.

The NCC chief also referred to a 2024 presidential directive, coordinated with the Office of the National Security Adviser, which classified telecom infrastructure as Critical National Information Infrastructure (CNII) to strengthen its protection.

Maida stressed that cooperation and capacity building remain key pillars of the Commission’s regulatory agenda.

He expressed confidence that the five-day training workshop, organised by the International Telecommunication Union (ITU) in collaboration with the Digital Bridge Institute and backed by the European Union, would enhance regulatory performance and support faster fibre deployment across Nigeria.

Also speaking at the event, Inga Stefanowicz, Head of Section for Green and Digital Economy at the EU Delegation, said the European Union’s global strategy places strong emphasis on investments in digital infrastructure, energy, transportation, healthcare, and education across Africa.

She added that the EU Digital Economy Package for Nigeria, launched in 2022, has committed €820 million, including €160 million in grants, to support digital skills development, innovation centres, and public digital infrastructure, with particular focus on fibre network expansion.

The post Nigeria to Expand Digital Access With New Fibre Infrastructure Push — NCC appeared first on Business Today NG.

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