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 […]
Stock market: Investment value shed 28bn
The value of investment on the Nigerian Stock Exchange (NSE) resumed Monday on a bearish not as the market capitalisation dipped by N27.51 billion.
CIIN actualises college project
The Chartered Insurance Institute of Nigeria (CIIN) has concluded plans to commence construction work on the site of its College of Insurance and Financial Management, located at kilometer40 on the Lagos-Ibadan expressway.
Niger insurance urges public to buy Takaful insurance products
The management of Niger Insurance plc has enjoined members of the insuring public to buy Takaful insurance products as part of efforts to imbibe savings culture.
AGIS appoints UBA as revenue collection bank
United Bank for Africa PLC (UBA) has announced its appointment as a Collecting Bank by Abuja Geographic Information System (AGIS) to receive all revenue payments on behalf of the agency from the general public through an electronic Collection Platform known as UBA Global Bank Collect, in a bid to fully automate the land application request processing in the Federal Capital Territory.
Intercontinental Bank in moves to dominate retail banking
Intercontinental Bank has commence moves to dominate the retail banking space with strategic deliverables initiated to reposition its service delivery and improve its bottom-line with the aim of optimizing its financial performance for the year 2011.
MAN explains low patronage of made in Nigeria goods
The Cross River and Akwa Ibom Chapter of the Manufacturers Association of Nigeria (MAN) has blamed the low patronage of Nigerian manufactured goods on poor finishing and packaging.
Small business operators decry poor power supply
Small scale business operators in Warri have decried the epileptic electricity supply in the city and its environs. The operators who spoke with the News Agency of Nigeria (NAN) in Warri on the issue, said that it had retarded the growth of their businesses. The operators of cyber caféés, business centres, boutiques, fashion designers and […]
NIPC says sector-specific document to guide investors underway
The Nigerian Investment Promotion Commission (NIPC) has said that a comprehensive sector-specific document is being compiled for publication, to enable investors know sectors to invest in.
‘Nigeria/US Binational to assist Nigeria quash food security
The Permanent Secretary, Federal Ministry of Agriculture, Mrs Fatima Bamidele, has declared that the Nigeria/US Binational Commission will assist the country attain its food sufficiency and become a net exporter of agricultural products.
Insurance PHB promotes staff restrategises
As a strategy to inspire staff to increase performance and commitment in their job, the Board and Management of Insurance PHB Limited have approved the promotion of some key management officers besides other category which falls under the junior cadre that were also promoted.
