PenCom issues new directive to Pension operators
May 23, 2025
Nigerian champions, Rivers United are set to earn $350,000 following their qualification for the last eight of this year’s CAF Confederation Cup. The Port Harcourt club secured a place in the quarter-finals of the CAF competition despite playing a 2-2 draw in their second to the last group game at[Read More…]
Super Eagles came tumbling down the ladder in the FIFA ranking released Thursday morning. They are now number 40 in the world, falling down five steps from the previous 35th position three months ago. Worst still, they have fallen out of the top five in Africa, occupying the sixth position.[Read More…]
International Breweries Plc, one of the world’s largest beer maker with over 500 beer brands, has recorded double-digit revenue growth for the full year ended December 31, 2022. The company’s net revenue for the year total grew by 19.9% to N218.7 billion compared to the prior year. This significant growth[Read More…]
The International Air Transport Association (IATA) has said that African carriers suffered cumulative losses of $3.5 billion for 2020-2022. In a released statement by IATA said the association estimated further losses of $213 million in 2023 alone. However, in a bid to strengthen aviation’s contribution to Africa’s economic, social development[Read More…]
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, has performed the groundbreaking ceremony of a pipe manufacturing plant at Polaku Bayelsa State. Being promoted by AS Energies Limited, would manufacture Glass Reinforced Epoxy (GRE) and Glass Reinforced Plastic (GRP) pipes and has an estimated investment[Read More…]
Again, the Nigerian Export Promotion Council (NEPC) has reiterated it plans to expand the volume of non-oil export trade to China. NEPC also disclosed, with the help of its Market Access Department (MAD), Nigerian exporters would be equipped and enlightened on how to leverage the General Administration of Chinese Customs[Read More…]
The Standards Organisation of Nigeria (SON), has declared its plans to eradicate quacks involved in management system practice in the country. According to SON, the plan is to put an end to unscrupulous individuals who shortchange companies and individuals, noting that most of the practitioners in the system management practice[Read More…]
The Maritime Workers’ Union of Nigeria ( MWUN) under the leadership of Comrade (Prince) Adewale Adeyanju has lauded the Director – General of the Nigeria Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh over the two utility vehicles donated to the union. The vehicles include one Toyota Hiace 18[Read More…]
The new satellite data compiled by the World Bank’s Global Gas Flaring Reduction Partnership (GGFR), says, progress in reducing gas flaring resumed in 2022, with gas flared worldwide falling by 5 billion cubic meters (bcm) to 139 bcm, its lowest level since 2010. The report also stated that the reduction[Read More…]
DECEMBERISSAVYBE: Adekunle Gold says SICKLE CELL couldn’t stop him from becoming a star Afrobeat’s sensation, Adekunle Gold, popularly known as AG Baby, mesmerised hundreds of music lovers and inspired youths at a pre-Christmas concert sponsored by FirstBank, Nigeria’s premier financial institution. The event, aptly named “Stacked December Party,” took place[Read More…]