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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FG’s transformation agenda will succeed if… – NASU

FG’s transformation agenda will succeed if… – NASU

The Non-Academic Staff Union of Educational and Associated Institutions (NASU) wants the Federal Government to invest massively in infrastructure development in order to create an enabling environment for its economic transformation agenda to succeed.

FG plans investment councils with 6 developed nations

FG plans investment councils with 6 developed nations

THE Federal Government said it has concluded plans to establish Trade and Investment Councils with six advanced countries across the world as part of renewed efforts to make Nigeria the preffered investment and manufacturing hub in sub-Saharan Africa.

SON closes steel company over alleged sales of substandard products

SON closes steel company over alleged sales of substandard products

Business activities were disrupted at the Ispat Steel Company Nigeria Limited in Agbara, Ogun State following the closure of the company by the Standards Organisation of Nigeria (SON) over alleged production and sales of substandard imported steel products.

Africa urged to cooperate more to promote trade

Africa urged to cooperate more to promote trade

Customs officials attending a tripartite meeting, which is bringing together delegates from COMESA, EAC and SADC, have challenged African countries to increase their economic cooperation in order to boost intra-trade within the continent.

Obasanjo becomes IITA’s Goodwill Ambassador

Obasanjo becomes IITA’s Goodwill Ambassador

To help boost the fight against hunger and poverty in Africa, former President Olusegun Obasanjo has accepted to be a “Goodwill Ambassador ” of the International Institute of Tropical Agriculture (IITA).