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 […]
Dangote Cement laments high cost of production, pays N7 dividend
Dangote Cement Plc has decried the high cost of production, which it explained has resulted to the rise in the price of cement in the country, even as it rewarded shareholders with a dividend of N7.00 per share for the financial year ended December 31, 2013.
FIRS records N140bn shortfall in Q1 revenue collection
Acting Executive Chairman of the Federal Inland Revenue Services (FIRS), Alhaji Kabir Mashi, has said that the service recorded a shortfall of N140 billion in revenue collection in the first quarter of the year.
Single digit inflation rate unsustainable beyond 2014
A financial consultant, Dr. Biodun Adedipe of B. Adedipe Associates Limited has said that the current single digit inflation which hovered between 8.0 percent and 7.8 percent in the first quarter of 2014 is not sustainable because of the expected increased spending that will be occasioned by the 2015 general elections.
Skills acquisition key to successful entrepreneurship
Oxfordand Cambridge Club of Nigeria has identified skill acquisition as a key to becoming a successful entrepreneur in a competitive market like Nigeria.
Business Enterprise is the Answer for Change in Nigeria Part 2
Another factor that must be overcome is the fact that most entrepreneurs in the country reside within the city of Abuja.
