Companies Raise Employees' Salaries by 18.35% in Six Months   To combat rising inflation in the country, companies increased the salaries of their staff members by 18.35 per cent to N29.45 trillion in the first six months of 2023. This is based...

PFAs Invested N130bn in Infrastructure – PenCom   Pension Fund Administrators (PFAs) invested N130.18 billion funds under the Contributory Pension Scheme in infrastructure as of the end of September 2023. Figures obtained from the National Pension Commission (PenCom) on ‘Unaudited report on...

Cooking Gas Crisis: FG Sets Up Committee to Crash Price   To arrest the escalating price of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, the Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo, has constituted a committee with...

Banking Consolidation: Mega Banks Boast N10trn Capital Base   As the Central Bank of Nigeria’s proposal to initiate a new banking sector consolidation raises concerns among some industry operators, findings indicate that major banks with foreign subsidiaries currently control N9.6 trillion...

Nigeria Investors Provide 30% Return on Investment – NEXIM   The Nigeria Export-Import Bank (NEXIM) has disclosed that investors in Nigeria earn about 30 per cent return on their investments. The Executive Director of Business Development, NEXIM, Stella Okotete, disclosed this while...

REPORTER’s DIARY: Reminiscing my Encounter with HPV Vaccine in the Era of Misinformation, by Aishat M. Abisola   As a health journalist, I have a responsibility to educate the masses on health matters and debunk misinformation that can damage the wellbeing...