The National Pension Commission has vowed to go tough on relatives, workers and retirees who fake deaths of contributors to the Contributory Pension Scheme in order the get the benefits entitled to deceased persons.
To ensure that a worker is truly dead apart from other means of verification, PenCom has also asked the banks to close the accounts of reported dead persons so that they would not be…
Economists have advised Nigerians to brace for higher inflation in the coming months.
They said that political spending as preparations for the 2023 general elections heightens, worsening exchange rate and other factors would keep inflation high.
As the country prepares for…
The CEO, MTN Group Ralph Mupita, has declared that the 5G licence won by MTN Nigeria will usher in a new world of opportunities.
He spoke on Arise TV’s Global Business Report and gave an indication of what the telco would achieve with the spectrum licence.
“We have often…
An agribusiness giant, Heifer International, has spent $1 billion to increase investments in agricultural capacity and resilience across Africa, its Country Manager, Yusuf Idris has said.
He made this known yesterday in Lagos during the launch of its Africa Tech Challenge christened AYuTe Africa Challenge.
AYuTe Africa Challenge, an agritech contest for young entrepreneurs run by Heifer…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) yesterday denied the engagement of a consultant to collect money at loading depots and highways.
Its President, Alhaji Debo Ahmed, issued the rejoinder in Abuja.
He noted that the statement has placed…
MTN Nigeria has stressed the need for collaboration between it and the Federal Government to achieve the 70 per cent broadband internet penetration in urban and rural areas by 2025 in accordance with the National Broadband Plan.
Its General Manager for Fixed Broadband at…
The Federal Ministry of Agriculture and Rural Development has refuted claims that it spent N18.9billion on bush clearing during the COVID-19 lockdown in 2020.
The ministry in a statement by its Director of Information, Dr. Joel O. Oruche, noted that the statement, which emanated from the House Public Account Committee, must have been quoted out of context.
According to the statement, the Ministry…
The Federal Government, on Wednesday, revealed that states had received N471.9bn of the $1.5bn World Bank-assisted States Fiscal Transparency, Accountability and Sustainability Programme for Results.
The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed…
As one of its ways to give Sack to the society, TotalEnergies Marketing Nigeria Plc has donated a 10,000-litre capacity Braithwait overhead aluminum tank and bunk beds to the Federal Fire Services at Marine Beach, Apapa station.
The event, which held at the fire service…
Mobile transactions have risen by N8.981 trillion between the first seven months of 2019 and the corresponding period of 2022.
They have risen from N289.12bn to N9.27tn, according to data from the Nigeria Interbank Settlement System.
This is as the value of cheque transactions fell by 31.42 per cent, from N2.67tn in January to July 2019 to N1.83tn in the corresponding period of 2022.
The growth in…
