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 […]
Bulk electricity users to buy directly from GENCOs
ELECTRICITY consumers, especially bulk users now have an option as the federal government has approved a new policy to enable them buy power directly from the electricity generating companies, GENCOs.
FG, others plan to generate 14,000mw from hydro
Plans are underway by the Federal Government and other stakeholders to generate additional 14,000 megawatts, mw of power from water (hydro).
Chevron contributes $5m to HIV fund to in Nigeria
Chevron Nigeria Limited, (CNL), an affiliate of Chevron Corporation (Chevron), announced the disbursement of US$2.5 million donated by Chevron to the Global Fund to Fight AIDS, Tuberculosis and Malaria (Global Fund), for the implementation of the Chevron-Global Fund Anti-Retroviral Treatment Service Maintenance Program (ART Program), in Delta, Bayelsa, Ondo and Lagos States.
FG affirms resolving litigation over ownership of Ajaokuta Steel Company
THE Federal Government disclosed that the litigation over ownership of Ajaokuta Steel Company has been resolved.
Brooks+Blake bags 4th consecutive MWA PR award
Perception management outfit, Brooks and Blake Nigeria, has won the Marketing World Awards as the best public relations agency in Nigeria for the fourth year running at the 7th Marketing World Awards, MWA, held at the Kempinski Ambassador Hotel Accra, Ghana. The Awards organised by Instinct Wave media recognises outstanding personalities and organisations in the marketing communication industry in Nigeria and West Africa.
