PenCom issues new directive to Pension operators
May 23, 2025
The Federal Government on Tuesday launched Gender and Environmental Reporting Frameworks in Extractive Industries to meet Nigeria’s reporting obligation to the global Extractive Industries Transparency Initiative (EITI). The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed unveiled the frameworks in Abuja during her visit to the Nigeria Extractive[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…]
The Federal Government says it spends N1 million annually to cater for each of the inmates at the correctional facilities in the country. Sola Fasure, the Media Adviser to the Minister of Interior, Rauf Aregbesola, made this known in a statement on Saturday in Abuja. According to the statement, the[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…]
Federal Government via the Transmission Company of Nigeria and the Market Operator have begun a massive disconnection of debtor electricity distribution companies from the national grid. PUNCH findings showed the development followed notices of disconnection from the grid served on some of the Discos by the Market Operator. The MO,[Read More…]
Analysts have advised the Federal Government to continue to hold off its external borrowing plans over the short-to-medium term in line with the global central banks’ monetary policy tightening measures They advocated that most of the borrowing plans over 2023E to be carried out in the domestic capital market even[Read More…]
Policy makers in the health sector have been urged to, as a matter of urgency, automate the administration of hospitals, in order to ensure an effective and efficient service delivery in Nigeria. This and more were the focal points of an event which brought various health sector stakeholders under the[Read More…]