Pension funds hit N4.5trn with 6 million contributors
Crusader Pension Limited, a pension fund administrator has lamented the low number of people in the pension scheme in the country, as pension funds hit N4.5 trillion. The Managing Director, Crusader Pension Limited, Mr. Adeniyi Falade, who disclosed this at the NASD OTC Private Equity Conference held in Lagos said “ N4.5 trillion of Pension Fund is available at the moment and this money needs to be invested.
Workers shut down Njaba LG over non-payment of salaries
OWERRI—Government activities were grounded yesterday as staff of Njaba local government shut the gates of the council headquarters to press home demand for payment of their January and February salaries.
Group flays Buhari’s speech at Chatham House
A SOCIO-political group, Good Governance Initiative, GGI, has described as laughable the speech made by the All Progressives Congress, APC, presidential candidate, General Muhammadu Buhari (retd) at the Royal Institute of International Affairs, Chatham House, London.
One killed, others injured as gunmen attack PDP rally in Rivers
PORT HARCOURT—One person was shot dead and several others injured when gunmen opened fire at the governorship campaign rally of the Peoples Democratic Party, PDP, in Bakana, Degema Local Government Area of Rivers State, Saturday evening.
FMBN to lift embargo on estate loan
Federal Mortgage Bank of Nigeria (FMBN) has disclosed readiness to lift embargo on Estate Development Loan (EDL) subject to commitment on timeliness by developers.
Oshiomhole remains Edo North leader for life —Alimikhena
Edo North All Progressives Congress, APC, senatorial candidate, Major General Francis Alimikhena, has challenged Mr Abubakar Momoh, member representing Etsako federal constituency at the National Assembly over his claim of leadership vacuum in Edo North in 2016 at the expiration of Governor Adams Oshiomhole’s tenure as the governor of the state
