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 […]
Nigerians embrace National ID infrastructure upgrade
Nigerians across all ages, creeds, groups and both sexes have wholeheartedly embraced the on-going national ID infrastructure upgrade being implemented by the National Identity Management Commission, NIMC.
Is another naming ceremony on the way for ZAIN?
IF Middle East and Africa mobile operator Zain Group finally agrees to sell its Celtel Africa unit to a bidding French media conglomerate, Vivendi SA this week, the Nigerian operation of the company may be heading for the 6th time name change.
Textile workers raise the alarm over job losses
Textile workers on Mon day in Lagos urged the Federal Government to intervene in the dwindling fortunes of the sector. The workers under aegis of the National Union of Textile and Garment Workers of Nigeria (NUTGWN), expressed worry about imminent job losses in textile industries across the country.Mr Issa Aremu, the union’s General Secretary, told […]
FG suspends sale of NITEL, raises project team
The Federal Govern ment on Monday in Abuja deferred the sale of NITEL and its mobile subsidiary, Mtel, preferring to raise an eight-man project team that would steer the affairs of the two companies.
Expectations high as NIA prepares release of 2008 industry report
Against the background of the capital market crash and renewed investor interest in insurance, expectations have soared in readiness for the annual release of the industry report by Nigerian Insurers Association, the dominant association of underwriters in the country.
