The National Pension Commission (PenCom) has launched the enhanced contributor registration system (ECRS) which will enable Nigerians based abroad to participate in contributory pension scheme. PenCom announced this in a statement issued on Friday. The commission said ECRS has been integrated with the National Identity Management Commission (NIMC) for authentication of the uniqueness of individuals […]
The Nigerian Stock Exchange has postponed the listing of Airtel Africa shares planned for July 5 to ensure the telecoms company meets its listing requirement, the bourse said on Friday. India’s Bharti Airtel last week offered shares in its African unit to investors through an IPO floated on the London stock market. It subsequently planned […]
By Foster Obi The Federal Airports Authority of Nigeria (FAAN) said in a bid to foster effective landside traffic management, the Murtala Muhammed Airport, Lagos has constituted a task force to ensure improvement in the flow of vehicular traffic. A press statement signed by Yakubu Henrietta, General Manager Corporate Affairs said that the objective of […]
In the next few days, the International Oil Companies (IOCs) and their local counterparts are facing prosecution for not remitting their Nigerian Content Fund to the Nigerian Content Development and Monitoring Board (NCDMB), the Board’s Executive Secretary, Mr Simbi Wabote, has said. The NCDF is one percent of every contract awarded to any contractor, sub-contractor, […]
The shut-ins and shutdowns of some terminals by the Nigerian National Petroleum Corporation led to another monthly drop in the gross oil revenue that comes to the federation. Latest data from the Central Bank of Nigeria showed that the country’s oil receipts dropped to N410.18bn in May 2019, shedding N62.2bn when compared to the N472.38bn […]
The Joint Admissions and Matriculation Board has said that no fewer than 80 Unified Tertiary Matriculation Examination candidates nationwide are undergoing prosecution for various cases of malpractice and fraud in the 2019 examination. The JAMB Registrar, Prof Is-haq Oloyede, stated this in a meeting with journalists in Abuja on Thursday. He added that apart from […]
Nigeria’s NNPC said on Thursday it was planning to change the way energy joint ventures paid operating costs to help ensure smooth financing for projects that have often struggled to secure timely contributions from the state-run oil firm. The new “incorporated joint venture” model would allow the ventures to operate as independent entities, so they […]
By Foster Obi Representatives of the National Association of Government Approved Freight Forwarders (NAGAFF) recently paid a courtesy call at the corporate headquarters of the Nigerian Ports Authority (NPA) Marina Lagos. In the pix, L-R: Gen. Manager Corporate & Strategic Communications, NPA, Jatto Adams, National Publicity Secretary, NAGAFF Stanley Ezenga, Manager Pollution Control, NPA, Sharon […]
Chelsea appointed Frank Lampard as their new manager on Thursday, as owner Roman Abramovich turned to a familiar face rather than an experienced hand to replace Maurizio Sarri and lead the club into a new era. Lampard, adored by Chelsea fans as the heart and soul of the club’s midfield during a trophy-laden 13 years […]