Business

PenCom recovers N1.34bn from defaulting employers

A total of N1.34billion accrued interest and pension contributions has been recovered from defaulting employers in the third quarter of 2017, the National Pension Commission, PenCom, has revealed.

The commission in its 2017 third quarter report said it used 55 consultants as recovery agents to [...]

Sun, 11 March 2018


CBN restates commitment to women empowerment

Nigeria’s apex bank has restated its commitment to reducing poverty amongst women by increasing their access to credit facilities so as to enable them participate actively in economic development of the country.

Commemorating this year’s International Women’s Day, the Central [...]

Sun, 11 March 2018


Customs, NEXIM, others get new boards

The federal government has sworn in 31 people into the boards of the four agencies under the ministry of finance with a charge to reposition the agencies to achieve the objectives of the current administration as captured in the Economic Recovery Growth Plan.

The Minister of Finance, Mrs. Kemi [...]

Sun, 11 March 2018


SEC extends e-dividend registration deadline to March 31

The Securities and Exchange Commission has, for the third time, extended its free e-dividend registration deadline to March 31, to allow operators time to clear their e-dividend backlogs.

The News Agency of Nigeria, reports that the main reason for the extension was to clear the backlogs and to [...]

Sun, 11 March 2018




UniMaid vows to return to Chad Basin for oil exploration

University of Maiduguri has expressed willingness to return to Chad Basin to resume oil exploration despite the kidnapping and recent release of its lecturers by Boko Haram.

The Nigerian National Petroleum Corporation, NNPC, said in a statement last Friday that the freed lecturers and the entir [...]

Sun, 04 March 2018


Employment index rise to 53.9 points - CBN

The Central Bank of Nigeria reports that the nation’s employment level is stabilising, with employment level index increasing to 53.9points in February 2018 indicating growth in employment level for the tenth consecutive month.

According to the CBN’s Purchasing Managers’ Index [...]

Sun, 04 March 2018


NCC sanctions 17 operators for call masking

At least 17 interconnect houses in the telecommunication industry, were recently slammed with various penalties for flouting industry’s law on call routing.

The Nigerian Communications Commission, NCC which sanctioned the erring operators, said they were being penalised for their involvem [...]

Sat, 03 March 2018


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