Nigeria’s N14.42trn Pension Assets Secured With PFCs - PenCom
Nigeria’s pension assets of N14.42trn is infallible due to structures put in place to ensure its safety through the Pension Fund Custodians (PFCs), the Director-General, National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar, has said.
The PenCom boss...
2023 Budget: Senate Suspends Defence Over Minister’s Summons Refusal
The Senate, on Tuesday, refused to consider the 2023 budget for the Ministry of Defence after the Minister, Bashiru Magashi, failed to honour invitations extended to him by the Senate Adhoc Committee on the Resuscitation of...
'Nigeria, Africa Require $40bn For Stable Electricity'
Nigeria and African countries will require an average of $40bn power grid investments annually for about five years to deliver stable electricity to citizens on the continent, the Group Managing Director, Sahara Power Group, Kola Adesina, has said.
He...
Alleged N170.3m Fraud: Court Fixes Nov 8 To Arraign Zinox Group Chairman, Wife, 9 Others
The Federal Capital Territory (FCT) High Court, Apo, has fixed Tuesday, November 8, 2022, for the formal arraignment of the Chairman of Zinox Group, Leonard Stanley Ekeh; wife, Chioma, and...
CBN Destroys Over N6trn Banknotes Under Buhari's Administration
The Central Bank of Nigeria is expected to have destroyed over N6tn worth of mutilated and old banknotes when the regime of President Muhammadu Buhari expires in May 2023.
Already, data obtained from the annual reports of the...
RMAFC Commences Review Of Public Office Holders’ Salaries
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has begun consultation with stakeholders with a view to reviewing public office holders pay.
As such, the agency said it would engage critical stakeholders to determine if the remuneration for...
