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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India seeks greater ties with Nigeria in non-oil sector

India seeks greater ties with Nigeria in non-oil sector

Indian High Commissioner in Nigeria, Mr A. R. Ghanashyam, has called for greater trade ties in the non-oil sector between Nigeria and India. Ghanashyam made the call in Abuja during a courtesy visit to the Chairman of Independent Corrupt Practices and Other Related Offences Commission (ICPC), Mr Ekpo Nta.

Nigeria needs bio-technology in agriculture — Mosanto

Nigeria needs bio-technology in agriculture — Mosanto

AS controversy continues to trail the proposed use of bio-technology in food production in Nigeria, one of the worldfs largest seeds companies, Monsanto, had persuaded Nigerians about the benefits of bio-technology and Genetically Modified Organisms, GMO, in food production and its safety for human consumption, as other countries were accepting the technology.