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 […]
Capital market crash:NSE defends tight regulation
IN a bid to prevent another crash of the Nigerian capital market, the Nigerian Stock Exchange, NSE, weekend said the regulators introduced tight regulatory regime which had led to increased investor confidence and recovery of some money lost by investors during the global financial meltdown.
N15bn cement import levy for manpower training — Dangote
CEMENT Technology Institute of Nigeria (CTIN), said yesterday, it is set to start using the N15 billion cement import levy for manpower development in the industry and related fields.
Nigeria woos Japan on recycling vehicles
Nigeria is seeking Japanese Government help in recycling huge and disused vehicular carcass that littered the country’s landscape.
Oil drops $2 to five-year low on oversupply
Brent crude oil fell more than $2 a barrel yesterday to a new five-year low on predictions that oversupply would keep building until next year after Organisation of Petroleum Exporting Countries, OPEC, decided not to cut output.
When you are not satisfied with your bank (4)
You were dissatisfied with the service of your bank. You made a verbal complaint, the issue was not resolved. And as advised in the last edition, you have written a formal letter of complaint to the management of the bank, with copies to the CBN and NDIC. But you have not received any response. What should you do next?
