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 […]
Kreston team visits Nigeria, reviews operations
The quality assurance team of Kreston, (a global network of independent account firms) earlier in the week visited its Nigerian operation, KrestonOUC, with a view to ensuring accounting standards are adhered to in providing quality service.
Naira now N360.02/$ at NAFEX
THE Naira, Wednesday, appreciated by 35 kobo to N360.02 per dollar in the Investor and Exporter (I&E) window prompted by 10 percent increase in the amount of dollars traded in the window.
ECOWAS to spend $29bn on development projects in W/ Africa
ECOWAS on Wednesday said that it has concluded plans for sub-regional development projects worth 29.66 billion dollars for the period of 2018 to 2022.
FG processing release of Sukuk funds for road projects – DMO
The Debts Management Office (DMO) says Federal Government is processing the release of another funds to contractors working on the road projects.
2 oil wells in Shell’s field shut down in Bayelsa by community members
Some members of a community in Bayelsa on Wednesday disrupted oil production at Adibawa Oil field operated by Shell Petroleum Development Company (SPDC), shutting two oil wells.
