The National Pension Commission (PenCom) said that the total pension fund assets stood at N8.14 trillion as at May, 2018. PenCom in a statement signed by its spokesman, Mr Peter Aghahowa, on Sunday said the assets rose from N7.52 trillion in December 2017, to N8.14 trillion in May 2018. The commission said,”the pension assets as […]
Nigeria will deploy its air force and 1,000 security personnel to fight banditry in the northwest of the country, President Muhammadu Buhari said on Sunday. The move underscores how security has broken down across much of Nigeria, where an ineffective police force has exacerbated already-weak enforcement, particularly outside urban areas. The military is now deployed […]
Nigerians in South Africa have commended the federal government for approving the 10-year validity period for Nigerian passport and called for the speedy implementation of the policy, Thisday reports. The President of the Nigerian Union in South Africa (NUSA), Adetola Olubajo, who spoke during a courtesy visit to the Special Senior Assistant to the President […]
President Muhammadu Buhari will on Sunday depart Abuja for Lome, Republic of Togo, to participate in two high-level meetings. A statement by the President’s Senior Special Assistant on Media and Publicity, Malam Garba Shehu, in Abuja on Saturday, said President Buhari would on arrival have an interactive session at the Nigerian embassy with the Nigerian […]
Spain’s maritime rescue service says it has saved nearly 1,000 migrants attempting the perilous crossing of the Mediterranean to Europe from North Africa over the last two days. The service says it pulled 206 people from 10 different boats Saturday morning, after rescuing 774 migrants traveling in 52 boats on Friday. As a crackdown by […]
Spanish tax authorities have conceded that football superstar Cristiano Ronaldo should pay close to 19 million euros ($22 million) to settle a tax fraud claim, prosecutors said Friday. Prosecutors in Madrid said the deal with tax authorities and Ronaldo’s advisors also includes a two-year jail sentence which he won’t serve. Sentences of up to two […]
President Muhammadu Buhari Friday in Abuja said his administration will look into the constitutional 13 per cent derivation benefit to the Niger Delta region to ensure even spread of developmental projects that meet the needs of the people. Receiving Isoko Traditional Rulers and personalities led by His Majesty Ovrawah, Omogha 1, Odiologbo of Oleh, at […]
Around 800 migrants stormed border fences separating Spain’s North African enclave of Ceuta from Morocco to get into Europe, police said Thursday. The Guardia Civil said 602 migrants made it onto Spanish soil in a massive assault on high, barbed-wire fences shortly after dawn. Migrants cut holes in the fences and threw feces and quicklime, […]
Investors battered the shares of America’s two biggest oil explorers after Exxon Mobil Corp. and Chevron Corp. posted disappointing earnings, failing to fully capitalize on rising oil prices. For Chevron, weaker-than-forecast financial results didn’t dissuade the company from resurrecting share buybacks to the tune of $3 billion annually after a three-year hiatus. Exxon not only […]