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 […]
Unilever’s dividend policy gets shareholders commendation
…pays N1.40 dividend
Shareholders of Unilever Nigeria Plc have commended the board and management of the company for their consistency in creating value for them through steady dividend payment over the years.
Mutual funds value rises by N1.26bn in April
The Net Asset Value, NAV, of Mutual funds listed on the Memorandum Quotation segment of the Nigerian Stock Exchange, NSE, appreciated by N1.264 billion in one month, between March and April 2012.
Airtel decries multiple taxation, regulation
The Managing Director of Airtel Nigeria, Rajan Swaroop has decried the spate of multiple taxation and regulation in the Industry, stressing that telecoms operators are groaning under heavy financial demands by government agencies.
NIA calls for perception change on insurance
The Nigerian Insurers Association, NIA, has urged Nigerians to change their negative perception about insurance saying that the sector has changed for the better.
Prestige Assurance records 47% decline in PAT
Prestige Assurance Plc has posted a profit after tax of N255.990 million for the financial year ended December 31, 2011 according to the company’s audited result released by the Nigerian Stock Exchange, NSE, last week.
