PenCom Says Workers Accessed N986.88m Pension Savings For Mortgage   No fewer than 90 workers have accessed N986.88m out of their Retirement Savings Accounts with their Pension Fund Administrators to enable them acquire residential mortgages as of the end of June...

NGX Ends Week With N122bn Gain   The Nigerian Exchange Limited (NGX) closed the week with a N122bn gain amidst mixed trading sentiments as investors reacted to the release of corporate earnings results for the third quarter. The All-Share Index climbed 0.33...

Chinese Loan Hits $4.73bn, Rises By $800m in One Year   Nigeria’s debt to China increased from $3.93bn as of June 30, 2022, to $4.73bn as of June 30, 2023, showing an increase of $800m in one year. It is an increase...

Electoral Reforms Required to End Petitions Before Swearing in Elected Officers — Laolu Akande   Former presidential spokesperson, Laolu Akande, has called for thorough electoral reforms that will assert the independence of electoral umpires and ensure that court cases are finalised...

Tax Exemptions, Waivers to Cost FG N12.4trn in Four Years   A whopping N12.384 trillion will be forgone by the Federal Government as tax waivers, concessions and incentives in the four years (2023 – 2026). Beneficiaries of these revenue losses include big...

We Recover N25.13bn Unremitted Pension Contributions - PenCom   The National Pension Commission (PenCom) has recovered N25.13 billion from defaulting employers. PenCom made this known in a report. The sum, it said, comprised N12.80 billion principal contributions, and N12.33 billion penalties for...