Five PFAs control pension market, account for 54% of new RSAs
•States still foot-dragging on CPS implementation By Rosemary Iwunze Five Pension Fund Administrators, PFAs, out of 18 licensed operators accounted for 54.41 per cent of new Retirement Savings Account, RSA, registrations in the first quarter of 2026, Q1’26, indicating continued concentration in Nigeria’s pension market. According to the Q1’26 industry report released by the National […]
Nigeria’s public debt up by 36%
Nigeria’s public debt shot up by 36.8 per cent to $35.3 billion in 2010, even as the Debt Management Office assures that the nation’s debt position is healthy.
Nigeria, Turkey trade hits $2bn
AS the Chairman of the Group of Eight Developing Countries, D-8, and Nigeria’s President, Dr Goodluck Jonathan, leads a 14-man delegation to Turkey on a 2-day visit, the volume of trade between the two countries is expected to hit over $2 billion US dollar (about N330 billion).
African agriculture needs transformation to support MDGs – UNECA
Mr Josue Dione, Director, Food Security and Sustainable Development, UN Economic Commission for Africa (UNECA), on Tuesday in Addis Ababa urged a transformation of the agricultural sector in Africa.
‘We will use our culture to promote tourism’
As this year’s Oodua cultural festival kicks off in Ile-Ife, Osun state today, the Olokun festival foundation has promised that festival will draw scores of enthusiastic residents and guests, especially multitude of members of Oodua Peoples Congress (OPC) from several states of the south west of Nigeria.
Customs to tackle smuggling to facilitate trade — CG
The Comptroller-General of Nigerian Customs Service (NCS), Mr Abdullahi Dikko on Wednesday in Abuja reiterated the Customs commitment to tackling smuggling to facilitate trade.
A/Ibom Govt to train 1,200 farmers – Commissioner
AKWA IBOM Government says it is poised to train 1,200 young farmers in 2011 and empower them with micro-credit facilities.
The State Commissioner for Agriculture and Natural Resources, Mr Eno Akpan, announced this during the week in Essien Udim Local Government Area while launching a sensitization workshop on Rural Finance Institution Building Programme (RUFIN) in the state.
Cassava can be Nigeria’s mega export earner – World Bank
THE World Bank has aid that Nigeria as the largest producer of cassava, could develop its econonmy by exporting quality cassava and other commodities other than oil.
MasterCard, Interswitch to offer co-branded debit card
MasterCard Worldwide, a global payment solutions company, and Interswitch, responsible for the Verve payment card brand in Nigeria, have announced that they have entered into a strategic co-brand debit card agreement.
FG sets up committee to fast track local participation in crude lifting
Federal government has constituted a committee to fast track the participation of indigenous ship owners in the lifting of the nation’s crude which was before now an exclusive preserve of foreign operators.
NNPC partners NEITI on new global study
Nigerian National Petroleum Corporation, NNPC, and the Nigerian Extractive Industry Transparency Initiative, NEITI, have agreed to collaborate on a new study initiated by the Extractive Industry Transparency Initiative, NEITI, aimed at evaluating its performance across the globe.
