PenCom To Adopt Electronic Pension Verification       The National Pension Commission (PenCom) said it will adopt an automated electronic process to conduct the annual verification and enrolment exercise. In a statement yesterday, PenCom said due to the COVID-19, it could not conduct the 2020 exercise physically for...

Foreign Investments To Decline By 50% In 2021, Worst In 20 Years — NIPC         Global Foreign Direct Investments (FDI) has been projected to drop by 40 per cent this year and 50 per cent in 2021, being the worst in the last 20 years. The Executive...

Nigeria’s Forex Inflow Hits $21bn In Q3       The total amount of foreign exchange inflow into the economy in the third quarter of 2020 stood at $21.46 billion, according to data from the Central Bank of Nigeria (CBN). The CBN, in its third quarter economic report said...

NNPC Adopts Third Party Financing For Oil, Gas Projects       The Nigerian National Petroleum Corporation on Tuesday said it was currently focusing on third party financing of oil and gas development projects. Group Managing Director, NNPC, Mele Kyari, said this while playing host to the Chairman, Revenue...

Aviation: Experts Foresee Early Recovery In Africa         Aviation experts have foreseen an early recovery for aviation. This is despite the challenges that had ravaged the industry as well as the second wave that have forced some countries to close their borders. Over 40 countries have banned flights...

Pressure On Income May Limit Household Investments In Education, Others — NBS         The National Bureau of Statistics (NBS), yesterday, said the pressure on income might limit household investments on education and health services for family members. In its COVID-19 National Longitudinal Phone Survey (NLPS) for October...