Business

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 […]
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NB disburses N96m to SMEs through Isedowo initiative

NIGERIAN Breweries (NB) Plc’s empowerment initiative, Isedowo, has so far supported 32 artisans and small scale business operators in Osun and Ekiti states with N96million with each  entrepreneur collecting N300,000.

SMEDAN leads 26 MSMEs to China Expo 2017

THE Small and Medium Enterprises Development Agency of Nigeria SMEDAN has taken the ‘Buy Made in Nigeria’ campaign to China with its attendance at the just concluded China International SME Fair (CISMEF). Twenty six Nigerian Micro Small and Medium Entrepreneurs (MSMEs) showcased over 40 different  products at the fair.

Cocoa beverage: Consumers’ poor purchasing power move manufacturers to refocus

MANUFACTURERS of cocoa beverages appeared to be hard pressed to refocus their route to market strategies in the face of growing uncertainty of consumers’ loyalty. Rising prices of the products, inflationary pressure on consumers’ purchasing power as well as increasing demand for value in brand promises may have moved manufacturers in this direction.

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