FG vs ASUU: Before The Next Strike, by Kabiru Danladi Lawanti     In the last 40 years, the Nigerian Public Universities (both states and federal) have seen a gradual decline in terms of output quality and infrastructure, despite huge billions that accrued into these universities through...

Pension Assets Rise By N92bn To N12.34trn       Pension assets, under the Contributory Pension Scheme (CPS) have risen by N92 billion to hit N12.340 trillion in March 2021 from the N12.248tr recorded in February 2021. The unaudited report on Pension Funds Industry Portfolio released by the National...

Pension Operators Seek Alternative Investments As Assets Decline       The Pension Fund Operators Association of Nigeria has said it is seeking other alternative investment options aside from the government bonds and treasury bills to increase returns on investment. The Chief Executive Officer, PenOp, Oguche Agudah, said this...

Dangote Commits $700m To Sugar Production     The management of Dangote Sugar Refinery Plc has said it is committing over $700m to its sugar projects to support the Backward Integration Policy of the Federal Government to make Nigeria self-sufficient in sugar production. According to a statement issued...

Electricity generation drops to 3,922MW …… as 11 plants idle Electricity generation in the country fell below the 4,000 megawatts mark on Sunday as 11 plants were idle, even as several others suffered declines in the output. Total power generation fell to 3,922.2MW as of 6am on...

Shell’s Annual Payment To Nigerian Govt Hits Six-year Low       The payment made to the Federal Government by Shell companies in Nigeria plunged by 42.45 per cent in 2020 to the lowest in six years. Royal Dutch Shell said on Wednesday that its subsidiaries in Nigeria paid...