Pension Assets Rise By 0.8% To N13trn   Total Pension assets of the Contributory Pension Scheme, CPS, increased by 0.8 per cent Month-on-Month, MoM, to N13 trillion in September 2021 from N12.9 trillion recorded in August 2021. According to the unaudited report...

Nigeria Air To Begin operations April 2022   The proposed national carrier will begin flight in April next year, the Minister of Aviation, Hadi Sirika, has said. The development came three years after the Federal Government announced plans to establish a new...

Manufacturing Index Expands to 47.3 points, Still Below Positive Zone — CBN   The Central Bank of Nigeria, CBN, said the economy has recorded slight expansion Month-on-Month, MoM, in October 2021 as the Manufacturing Purchasing Managers Index (PMI) rose to 47.3...

India Announces Bill To Ban Cryptocurrencies   India’s government will introduce a bill to ban private cryptocurrencies and create a framework for a central bank-backed digital money, parliament said in a shock announcement late Tuesday. The proposed bill “seeks to prohibit all...

NLC Rejects Proposed N5,000 Stipend To Replace Petrol Subsidy   The Nigeria Labour Congress (NLC) has rejected the proposed N5,000 for 40 million poor Nigerians when the subsidy on Petroleum Motor Spirit (PMS) is removed. NLC President, Ayuba Wabba, said in Abuja...

SEC Vows Crackdown On Illegal Fund Managers, Ponzi Schemes   The Securities and Exchange Commission has vowed to continue to crack down on Ponzi schemes and illegal fund managers amid the recent resurgence of their activities. The Director-General, SEC, Mr Lamido Yuguda,...