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 […]
Naira: Critical moment for currency on life support
Today is a critical moment for the Naira. Its fate, at least for the next two months, will be decided by eleven economic experts who meet regularly to review and take decisions on policies that influence money supply in the Nigerian economy. For the past three years or so, members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) have consistently decided to defend the naira.
Insurers responsive to victims of security incidents – NAICOM
Families of police victims of the security situation in the country, particularly in the North, have not really felt the impact of loss of loved ones because insurance have been responsive to their plight.
Downstream reform will stabilise products distribution—IPMAN
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said that current Federal Government reforms in the nation’s downstream petroleum sector will not only ensure products sustainability but also distribution stability.
Human capacity development remains our priority — FG
THE federal government has pledged its effort to improve human capacity development to enhance technical competence in the power sector.
World Water Day: Sustainable Water-Energy solutions take centre stage
The importance of water and energy will dominate discussions across the globe today, as the world celebrates yet another World Water Day as it has done since 1993 following a declaration by the United Nations the year before.
