Reps To Probe N15.5trn Pension Assets   The House of Representatives is set to investigate the status of N15.5 trillion pension assets being regulated by the National Pension Commission (PenCom). It will also probe the status of the N10trn loaned to the federal government and efforts being...

'Over N10trn Spent On Refineries'   The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele has said that the National Assembly has spent over N10 trillion on the country’s refineries and yet they do not work. Oyedele, who stated this during the Platform...

Nigerians to Utilize Different Tariff for Calls, Data in States - Telcos Telecommunication firms have announced that Nigerians may soon be paying different prices in different states for calls, data, SMS, and other telecommunication services. According to the telcos, this measure is to mitigate against multiple...

$10bn Debt: CBN Fails to Meet up with Payment Schedule   Over two weeks after the Central Bank of Nigeria (CBN) promised to clear over $10bn foreign exchange debts owed Deposit Money Bank, the apex bank has yet to do so according to findings. This came as...

FG Inherited N6trn Funding Gap on 2,604 Projects - Minister   Works Minister Dave Umahi has said the Bola Ahmed Tinubu administration has a N6 trillion funding gap on its road projects across the country. The minister, who said the current administration inherited 2,604 road projects, explained...

Contributory Pension Scheme Now N17trn - PenCom   The National Pension Commission (PenCom) has revealed that the Contributory Pension Scheme has hit N17.7 trillion as of the end of July 2023.The Pension management body said the pension asset increased by about 1.8 per cent from N16.76...