Business

FG borrowed N6.1trn from pension assets – NPC

The Federal Government has borrowed about N6.16 trillion out of the N8.49 trillion pension assets under the Contributory Pension Scheme. These figures were released by the National Pension Commission (NPC) on Tuesday in Abuja, revealing the FG’s borrowing represents 73.5 percent of the pension fund. According to data from Pencom, Pension Fund Administrators also invested […]

Sports

UEFA starts disciplinary action against Chelsea over racist chants

UEFA has begun disciplinary proceedings against Chelsea following alleged anti-Semitic chanting during the club’s Europa League match at Hungarian club Vidi last month; European football’s governing body announced on Tuesday. UEFA Champions League resultsA vocal minority of Chelsea fans were heard singing a derogatory chant about Tottenham supporters, featuring anti-Semitic language, during the 2-2 draw […]