PenCom releases N22bn for retirees
January 22, 2025
The leadership of National Pension Commission (PenCom) has urged the general public to disregard an online publication of a recruitment exercise being circulated, saying that it’s misleading. PenCom in a release statement by it’s management titled: Disclaimer said the publication is entirely false, saying that no such exercise is underway.[Read More…]
The Federal Government has condemned the attack on the motorcade of staff of United States (U.S.) Consulate in Nigeria by gunmen in Ogabru Local Government Area (LGA) of Anambra which left four people dead. The Ministry of Foreign Affairs condemned the attack in a statement by the ministry’s Spokesperson, Francisca[Read More…]
Minister of Transportation, Alhaji Muazu Sambo, has urged members of staff of the Nigerian Maritime Administration and Safety Agency (NIMASA) to double their efforts to ensure improved service delivery and economic development. Sambo gave the advice while inaugurating the new NIMASA Abuja Liaison office on Tuesday. He said that establishing[Read More…]
The National Insurance Commission (NAICOM) has released new guidelines to address underwriting challenges. The areas covered are distribution, insurance product innovation, policy and claims servicing. Other areas covered by Insurance Regulatory Sandbox Regulatory Guidelines, are market conduct guidelines for Takaful, Retakaful insurance operators, enterprise risk management framework for Takaful. According[Read More…]
Nigerians in Diaspora Commission (NiDCOM) said a total of 2,246 Nigerians have so far been evacuated from Sudan. Head of Media, Public Relations and Protocols Unit of NiDCOM, Mr Abdur-Rahman Balogun, stated this on Friday in Abuja, while giving updates on the Federal Government’s evacuation efforts since May 3. He[Read More…]
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled an Industry Digital Automated Portal (IDAP) for monitoring and reporting of the Host Community Development Trust (HCDT). The commission said the platform was developed for transparent administration of the host communities as provided by the Petroleum Industry Act (PIA) 2021. The[Read More…]
The Standards Organisation of Nigeria (SON) has unveiled a technology solution known as Product Authentication Mark (PAM), to curb influx of substandard products into the Nigerian market. The Director-General of SON, Malam Farouk Salim stated this at a sensitisation meeting with stakeholders in Port Harcourt. He said the technology is[Read More…]
The Nigeria Employers’ Consultative Association (NECA) has advised the Federal Government to suspend its new excise duty, taxes and levies. Its Director-General, Adewale-Smatt Oyerinde, in a statement, noted that the increases, if implemented, would be counter-productive, as they would aggravate the rate of unemployment, encourage smuggling, discourage foreign direct investment[Read More…]
…Condemns increase in tariff The National Union of Electricity Employees (NUEE) has called on the President-elect, Asiwaju Bola Ahmed Tinubu, to, on assumption of duties, declare a state of emergency in the power sector, describing its privatisation as a fraud. Speaking with The Nation, the President of the union, Comrade[Read More…]
The first batch of 376 Nigerian students trapped in war-torn Sudan arrived in Abuja on Wednesday night via Air Peace and the Nigeria Air Force aircraft. They received the sum of N100,000 each on their return to the country. The evacuees also got N25,000 worth of recharge cards and 1.5[Read More…]