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 […]
FG directs SON to begin full implementation of new cement standards
The Federal Government has directed the Standard Organisation of Nigeria, SON, to begin full implementation of the new standards for cement.
Nigeria loses N75bn annually to textile materials smuggling — Labour
Organised Labour has raised alarm that Nigeria is losing over N75 billion annually to smuggling of textile materials into the country.
FRSC plans staff housing scheme
The Federal Road Safety Corps (FRSC) is set to commence a housing scheme to deliver 20,000 housing units for its personnel across the country.
NERC opens office to resolve BEDC’s power disputes
The National Electricity Regulatory Commission (NERC) has opened a forum office in Benin, the Edo State capital, to be closer to the consumers in addressing unresolved electricity issues between the Benin Electricity Distribution Company (BEDC) and its customers within latter’s coverage area of Edo state.
NECA secures waiver for quoted companies on returns filing
The Nigeria Employers’ Consultative Association (NECA) has secured 100 percent waiver of all penalties imposed on quoted companies from 2008 to 2010 from the Securities and Exchange Commission, SEC, for late/non-filing of returns.
