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Marketers retain high petrol price despite reduction at Dangote Refinery

Marketers retain high petrol price despite reduction at Dangote Refinery

By Obas Esiedesa, Abuja Fuel marketers across Abuja on Wednesday continued to sell Premium Motor Spirit (PMS), popularly known as petrol, at old prices more than 24 hours after Dangote Petroleum Refinery announced a reduction in its ex-depot price. Checks by our correspondent showed that major retail outlets were yet to adjust their pump prices despite […]

Mutual Benefits decries Nigeria’s credit gap, offers solutions

Mutual Benefits decries Nigeria’s credit gap, offers solutions

By Rosemary Iwunze Mutual Benefits Assurance Plc has said a situation where only about six per cent of adults can currently access credit through formal financial institutions, is not ideal. According to the company, while access to credit remains important for economic growth, financial protection mechanisms are equally essential in helping individuals and businesses withstand […]

Over 92% of personal pension savings accounts remain unfunded

Over 92% of personal pension savings accounts remain unfunded

By Rosemary Iwunze Amidst efforts by the National Pension Commission, PenCom, to include informal sector workers in the pension scheme, the Personal Pension Plan, PPP, which caters to the informal sector, has remained stagnant. While the PPP has 215,412 registered Retirement Savings Accounts, RSAs, only 17,320 of these RSAs, which represents 8.0 per cent, have received […]