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 […]
Solid Minerals: FG attracts over $2.6bn FDI in 2 yrs —Alake
By Gabriel Ewepu THE Minister of Solid Minerals Development, Dr. Dele Alake, disclosed that the Tinubu-led administration has attracted over $2.6 billion in Foreign Direct Investment, FDI into the sector in two years. Alake made this known in a statement signed by his Special Assistant on Media, Segun Tomori, where the Minister advocated for regional […]
Personal pension plan to change face of small businesses — Leadway
By Rosemary Iwunze Leadway Pensure PFA Limited, one of Nigeria’s leading pension fund administrators, has said that Nigeria’s Personal Pension Plan (PPP) will reshape small business owners’ retirement savings, making them more flexible and accessible and ultimately reducing the risk of old-age poverty. The company maintains that the initiative plays a critical role in Nigerian […]
CPPE demands govt’s intervention to over soaring energy costs
….says unreliable electricity imposes annual economic losses of N10trn By Gabriel Ewepu ABUJA – AS Nigerians grapple with soaring energy costs, the Centre for Promotion of Private Enterprises, CPPE, yesterday, demanded government’s urgent intervention to ease the burden. The Executive Director, CPPE, Dr Muda Yusuf, in a statement, pointed out that the continued pressure on Nigerians […]
Nigeria’s net domestic credit declined 6.9% to N109trn
By Peter Egwuatu Nigeria’s Net Domestic Credit, NDC, has dropped by 6.9 % Year-on-Year, YoY, in January 2026 to N109.4 trillion from N102.4 trillion in the same period in 2025, according to the Central Bank of Nigeria, CBN, latest money and credit report. The NDC is the total value of Bank credit to both the private […]
Why family businesses face extinction – LBS
The warning formed the crux of deliberations at a session hosted by LBS under its Family Business Initiative, examining weak governance
