Business

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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Govts lying about job creation – 2

Economics, like politics, is a game of numbers and while Nigerian politicians have perfected the method of falsifying election results, they have nor been able to juggle financial data just as they wish. Creating 3 million jobs in three years means adding 2,800 people to the workforce everyday.

Senate lauds N123bn ports investment

Investments in the ports have gulped $822 million (or N123.3 billion) since 2006 when private terminal operators, otherwise known as concessionaires, began developing their various terminals for operations.

‘Our problem with arms importation’

The Customs Area Controller (CAC) of Tincan Island Ports Command, Apapa, Comptroller Eporwei Edike, has condemned illegal importation of arms into the country. This was sequel to the interception of arms and ammunition during physical examination of imported goods recently by the Command.

‘We must take a good look at Sovereign Wealth Fund’

Benedict Ukpong, Assistant Director, Federal Capital Development Authority, Abuja, speaks, in this interview, on the need for government to carefully examine SWF and the economic benefits it would bring in the long-run, if adequately utilised.

Who hiked cement price?

The current increase in the price of cement, which took the consumers unawares only two months after the Federal Government gave local manufacturers a standing order to increase production capacity to crash down the price, is biting harder. A bag of cement now sells for N2,800, against the initial price of N1,500.

Employers value experience, skills – Ezekwe

Emeka Ezekwe is a business development consultant. He also works in oil and gas sector, Port Harcourt. With his experience in life coupled with his growing up challenges, Ezekwe is of the opinion that the world owes nobody a living, so if you want to live, you have to exploit and take what you want and that is live for you, he said.

Airtel Big Family package gets bigger features

Customers of leading telecommunications service provider, Airtel, in Nigeria will have an opportunity to enjoy additional benefits on one of the company’s most pocket friendly packages, Airtel Big Family, with the announcement of the introduction of an enriched offer – Airtel Big Family Xtra.

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