No fewer than 5.1 million pension fund contributors are set to undergo fresh data recapturing. This became necessary after they submitted either incomplete or no data during the previous data recapturing exercise in the pension industry, LEADERSHIP learnt at the weekend. Findings show that, of the 9.27 million Retirement Savings Account (RSA) holders, only 4.1 […]
The Central Bank of Nigeria has said its new ‘Naira for Dollar Scheme” which takes effect today, would provide Nigerians in the Diaspora with cheaper and more convenient ways of sending remittances to Nigeria. The policy, which gives N5 rebate for every $1 sent by Nigerians in the diaspora to the country, will be paid […]
The President of the African Bar Association (AfBA) and Nigerian Human Rights Advocate, Mr Hannibal Uwaifo Esq. has called on the African Heads of States and governments to rise as a body, and pointedly persuade the authorities of the Cape Verde Island to rescue itself from the diplomatic sludge of holding on to Ambassador Alex […]
By Foster Obi Senate Committee on Aviation on Friday, March 6 paid an oversight visit to the Federal Airports Authority of Nigeria at the Authority’s Headquarters annex in Lagos. Receiving the distinguished committee, the Managing Director of the Authority, Capt. Rabiu Yadudu, who led the FAAN Management team to the meeting, expressed the Authority’s appreciation […]
The National Pension Commission has said it recovered N553.03m from defaulting employers who deducted their workers monthly emoluments but failed to remit to their Retirement Savings Accounts with their respective pension fund administrators. PenCom disclosed this in its monthly report for the fourth quarter of 2020 obtained on Sunday. Out of this amount, the principal […]
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to provide spending details of the overdrafts and loans obtained from the Central Bank of Nigeria (CBN) by the federal government since May 2015. SERAP said the details should include the total overdrafts, the projects on which the overdrafts have been spent, repayment […]
The United Kingdom is said to be considering major cuts in aid facilities to at least eight countries, including Nigeria. Open Democracy, an international media organisation, in a report published on Friday, disclosed the UK’s decision as seen in leaked emails from the accounts of government officials. The cuts were reportedly “discussed by senior officials […]
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has said Nigeria accounts for 20 per cent (about $10 billion) of the estimated $50 billion that Africa loses to Illicit Financial Flows (IFFs). The chairman of the commission, Prof Bolaji Owasanoye, made the disclosure in his welcome remark at a physical and virtual zoom […]
In line with its gender equity focus, MMS Woman of Fortune Hall of Fame (WoFHoF) Initiative, a non-profit organization, is organizing a Discourse on Women and a Road walk to mark the 2021 International Women’s Day (IWD). The one- day activity which will feature a Press conference on the effect of insecurity and Covid-19 on […]
President Muhammadu Buhari has directed the Nigeria Immigration Service (NIS) to improve surveillance and control around the nation’s borders. Giving his speech at the virtual commissioning ceremony of the NIS Technology Building on Thursday in Abuja, he urged the NIS to collaborate with international security organisations such as INTERPOL in safeguarding the borders. The President […]