51,392 Workers Change Pension Companies, Move N190.62bn   No fewer than 51,392 aggrieved workers under the Contributory Pension Scheme have changed their Pension Fund Administrators and subsequently moved their Retirement Savings Accounts to other pension companies in 13 months, it has been learnt. Figures obtained from the...

FIRS Deploys Technology For Tax Collection From Digital Economy   2022: Our Target Is To Achieve 100% Automation Of Tax Administration Processes – FIRS We will give priority to taxation of digital economy … The Federal Inland Revenue Service (FIRS) has stated that it will achieve 100% automation...

In Two Years, FDI Dropped By 48%   Foreign Direct Investment in Nigeria has dropped by $325.82m in two -year, according to data from the National Bureau of Statistics. According to capital importation reports by the NBS, in the first nine months of 2019, the FDI contributed...

Prices Of Rice, Other Food Items To Crash Soon - Buhari   President Muhammadu Buhari has assured Nigerians that prices of food items, especially rice will soon come down. The president, who gave the assurance yesterday, during the official unveiling of the Central Bank of Nigeria (CBN)/Rice...

PenCom To Review Pension Act 2014   National Pension Commission (PenCom) is set to review the Pension Reform Act 2014. At its retreat in Abuja, it identified salient issues to be reviewed in the act. Present were stakeholders from the National Assembly, Pension Fund Operators (PenOp), labour unions,...

In Seven Months, Cash-strapped Banks Borrowed N9.17trn From CBN   Deposit Money Banks and merchant banks have borrowed the sum of N9.17tn from the Central Bank of Nigeria through its Standing Lending Facility window within a period of seven months, according to figures obtained from the...