Business

PenCom to sanction PFAs as only 17% of RSA holders recaptured

PenCom to sanction PFAs as only 17% of RSA holders recaptured

By Rosemary Iwunze The National Pension Commission (PenCom) has threatened to sanction  Pension Fund Administrators (PFAs) that fail to meet prescribed targets under the ongoing Retirement Savings Account (RSA) data recapture exercise. PenCom, in its first-quarter 2026 report, disclosed that only 17.03 per cent of the industry’s legacy RSA holders had completed the mandatory data recapture […]
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Our goal is to increase revenue from   non-aeronautical sources  to 50 percent —Anuforom

Our goal is to increase revenue from non-aeronautical sources to 50 percent —Anuforom

By Lawani Mikairu A VISITOR to Nigerian Meteorological Agency, NiMet, who is used to the one duplex building NiMet was occupying as its Abuja head office will be lost when he is confronted with the current multi-storey office complex, equipped with state-of- the-art facilities, the agency currently occupies. This is one of the developmental strides […]

Nigeria’s economy at risk over huge campaign spending — CSOs

Nigeria’s economy at risk over huge campaign spending — CSOs

A coalition of Civil Society Organisations, under the aegis of Centre for Social Justice, CSJ, in conjunction with the United States Agency for International Development, USAID and International Foundation for Electoral Systems, IFES, have raised an alarm over the threat posed to the growth of the Nigerian economy by the huge spending by political parties in the build up to the elections.

Coping in times of uncertainty

Coping in times of uncertainty

During the early 1970s, I lived for about a year in north-western Nigeria in what is now Kebbi State. I had to travel on the road between Kalgo and Kamba, a town on the border with Niger Republic. The road had a laterite soil surface which was evenly corrugated. The corrugations could be removed to give a smooth surface using a grader but the corrugations reappeared within a few weeks of their removal.