Business

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 […]
Visible Articles 5 10 15

Banking sector risks: W/Africa Monetary Zone calls for close supervision

The West African Monetary Zone (WAMZ) has called for the immediate establishment of colleges of supervisors in the West African sub-region to enhance information sharing on effective supervision of the banking industry to forestall bank failures resulting from risks exposures, even as it stressed the need to set up explicit deposit insurance schemes within the region to mitigate deleterious consequences associated with systemic crises in the sector.

Animal farming easiest way of gaining employment, income – Expert

Food and farming are foundational to a healthyNation,Nigeria has a good climate condition for farming and large areas of farmland, yet it has a problem with employment generation and food security through agriculture. Globally, farmers are said to be kings because they make food available for the society.

Maritime stakeholder, arrested for writing to President Jonathan

ON April 3, armed men from the Federal Operations Unit (FOU), Nigeria Customs Service, (NCS) stormed Lucky Amiwero’s, President, National Council of Managing Directors of Licensed Customs Agent’s (NCMDLCA’s) office, beat him, before he was whisked away to the FOU office in Ikeja, for alleged misinformation.

PHCN, FBN risk contempt over power purchase agreement

Managers of First Bank Nigeria (FBN) Plc and Power Holding Company of Nigeria (PHCN) may face contempt charges at the Lagos High Court Igbosere over a dispute arising from breach of contribution in Barge Power Purchase Agreement entered into by PHCN and Lagos State Government in 2000.

Exit mobile version