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 […]
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Agric Transformation: FG to phase out wild palm trees – Official

Improved palm tree seedlings will be introduced to replace the wild varieties under the palm oil value chain programme of the Agricultural Transformation Agenda (ATA). Dr Dickson Okolo, the team leader and Deputy Director in the Federal Ministry of Agriculture, disclosed this in Abuja.

AGOA boosts trade, supports shared growth with Africa

THE African Growth and Opportunity Act (AGOA) has boosted exponentially the United States’ trade with sub-Saharan Africa and remains the “centerpiece” of U.S. economic engagement with the region, according to Assistant Secretary of State for African Affairs, Johnnie Carson.

Transcorp first quarter income grows by 29%

Transnational Corporation of Nigeria (Transcorp) Plc has recorded a total income of N857 million in its first quarter financial performance ended March 31, 2012, representing a growth of 64 per cent from N664 million recorded in the corresponding period of 2011.

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